Educare Foundation Inc
TO PROVIDE FINANCIAL SUPPORT TO MANKATO AREA PUBLIC SCHOOLS, BEYOND THE NORMAL OPERATING BUDGET, FOR PROGRAMS AND ACTIVITIES THAT WILL ENHANCE EDUCATIONAL OPPORTUNITIES FOR ALL SUTDENTS, ENCOURAGE TEACHERS TO EXPLORE NEW WAYS OF EXPANDING THEIR STUDENTS' WORLDS OF LEARNING AND PROVIDE A VITAL LINK BETWEEN THE COMMUNITY AND THE CLASSROOM.
Key facts about Educare Foundation Inc
- EIN
- 41-1745553
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $57,098
- Grants made (2025)
- 1
- Average grant
- $57,098
- Median grant
- $57,098
- Total assets
- $1,207,157
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
How Educare Foundation Inc gives
- Giving fell 51% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Educare Foundation Inc
- How to evaluate Educare Foundation Inc as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.2M
+9.4% YoY
Annual Giving
$57K
-33.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$57K
-33.5% YoY
About Educare Foundation Inc
Based on IRS filings
Educare Foundation Inc is a nonprofit organization, based in Mankato, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 1 grant totaling $57K. Net investment income was $70K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,207,157 | $1,103,293 | $948,349 |
| Revenue | $142,046 | $201,562 | $94,745 |
| Expenses | $69,085 | $95,906 | $79,193 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $70,206 | $70,881 | $26,392 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Independent School District #77 ($57,098).
| Recipient | Purpose | Amount |
|---|---|---|
| INDEPENDENT SCHOOL DISTRICT #77 Mankato, MN | TO ENHANCE THE EDUCATIONAL OPPORTUNITIES FOR A WIDE VARIETY OF STUDENTS | $57,098 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Darren Blue | Chair | 1 | — |
| Susan Klenk | Past Chair | 1 | — |
| Carolyn Nelson | Vice Chair | 1 | — |
| Jason Femrite | Treasurer | 1 | — |
| Kari Juni | Grants Committee Chair | 1 | — |
| Jeffrey Grace | Director | 1 | — |
| John Christian | Director | 1 | — |
| John Sowders | Director | 1 | — |
| Marie Krause | Director | 1 | — |
| Gretchen Rehm | Director | 1 | — |
| Dan Sarff | Director | 1 | — |
| Brandon Thiesse | Director | 1 | — |
| Wendy Weber | Director | 1 | — |
| Sadie Strand | Director | 1 | — |
| Barbara Lake | Director | 1 | — |
| Amy Sorenson | Director | 1 | — |
Frequently Asked Questions
How large is Educare Foundation Inc?
As of 2025, Educare Foundation Inc holds $1.2M in total assets with $142K in annual revenue. It awarded 1 grant totaling $57K in 2025.
Where does Educare Foundation Inc operate?
Educare Foundation Inc has awarded grants in Minnesota.
What size grants does Educare Foundation Inc award?
In 2025, Educare Foundation Inc awarded 1 grant totaling $57K — an average of about $57K per grant, based on its IRS Form 990 filings.
What is Educare Foundation Inc's EIN?
Educare Foundation Inc's EIN (Employer Identification Number) is 41-1745553. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.