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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+16.3% YoY
Annual Giving
$86K
Grant Count
1
Avg Grant Size
$86K
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 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $86K. Net investment income was $71K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,103,293 | $948,349 | $865,641 |
| Revenue | $201,562 | $94,745 | $131,812 |
| Expenses | $95,906 | $79,193 | $134,580 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $70,881 | $26,392 | $61,534 |
| Distributable Amount | — | — | — |
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 2024
Grant Size Distribution
3 grants across all recorded years
Open Grants
1 open opportunity from Educare Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Independent School District #77 ($85,838).
| Recipient | Purpose | Amount |
|---|---|---|
| INDEPENDENT SCHOOL DISTRICT #77 MANKATO, MN | TO ENHANCE THE EDUCATIONAL OPPORTUNITIES FOR A WIDE VARIETY OF STUDENTS | $85,838 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMISON PETERSON | CHAIR | 1 | — |
| SUSAN KLENK | CHAIR | 1 | — |
| JEFFREY GRACE | PAST-CHAIR | 1 | — |
| KARI JUNI | TREASURER | 1 | — |
| CAROLYN NELSON | SECRETARY | 1 | — |
| JOHN CHRISTIAN | DIRECTOR | 1 | — |
| JASON FEMRITE | DIRECTOR | 1 | — |
| DARREN BLUE | DIRECTOR | 1 | — |
| JOHN SOWDERS | DIRECTOR | 1 | — |
| JEAN FARROW | DIRECTOR | 1 | — |
| MARIE KRAUSE | DIRECTOR | 1 | — |
| GRETCHEN REHM | DIRECTOR | 1 | — |
| DAN SARFF | DIRECTOR | 1 | — |
| SADIE MILLAGE | DIRECTOR | 1 | — |
| BRANDON THIESSE | DIRECTOR | 1 | — |
| WENDY WEBER | DIRECTOR | 1 | — |
| AMY FEEHAN | DIRECTOR | 1 | — |
Frequently Asked Questions
How large is Educare Foundation Inc?
As of 2024, Educare Foundation Inc holds $1.1M in total assets with $202K in annual revenue. It awarded 1 grants totaling $86K in 2024.
Where does Educare Foundation Inc operate?
Educare Foundation Inc has awarded grants in Minnesota.
What size grants does Educare Foundation Inc award?
In 2024, Educare Foundation Inc awarded 1 grants totaling $86K — an average of about $86K 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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Educare Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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