Faribault Foundation Inc
Faribault Foundation Inc is a public charity based in Faribault, Minnesota. Established in 1999 as a community foundation, it manages charitable funds and makes grants intended to improve quality of life in the greater Faribault community.
Faribault Foundation Inc at a glance
In short: Faribault Foundation Inc gave $376K across 12 grants in 2025 (avg $31K), mostly in Minnesota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $376,206
- +216.5% vs 2024
- Grants made (2025)
- 12
- +20.0% vs 2024
- Average grant
- $31,351
- +163.7% vs 2024
- Median grant
- $10,250
- Total assets
- $4,696,705
- +39.3% vs 2024
- Primary geography
- Minnesota (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to Faribault Foundation Inc
- Review Cycle
- The Southern Heights Dental Group Scholarship lists a deadline of April 30, 2027.
- Deadline
- The Southern Heights Dental Group Scholarship lists a deadline of April 30, 2027.
- Next open deadline
- April 30, 2027 (Southern Heights Dental Group Scholarship)
- Contact
Mailing address: 530 Wilson Avenue, Faribault, MN 55021
Phone: (507) 805-8800
Website: https://faribaultfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
3 open opportunities from Faribault Foundation Inc
CommUnity Micro-Grants
Faribault Foundation Inc
Amount
Up to $1,000
Deadline
Expected ~May
Based on past cycles
Founders Fund Grant
Faribault Foundation Inc
Amount
Varies (example: $10,000)
Deadline
Deadline not published
Southern Heights Dental Group Scholarship
Faribault Foundation Inc
Amount
Varies
Deadline
Expected ~April
Based on past cycles
Who Faribault Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was City of Faribault ($223K). Together the top 10 received $364K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 21 grants of 22 (95%).
Geographic Focus
Where this funder awards grants
The foundation’s stated mission focuses on the greater Faribault community. In filing year 2025, 97% of grant dollars went to recipients in Minnesota and 3% to recipients in North Carolina. The foundation’s website describes CommUnity Micro Grants as supporting local programs and activities.
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
States
Cities
How Faribault Foundation Inc gives
- 50% of 2025 grantees were also funded in 2024. Method
Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $17K (2023) to $376K (2025). In 2025 it made 12 grants totaling $376K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Faribault Faribault, MN | Viaduct Park Project | $223,442 |
| Divine Mercy Catholic Church Faribault, MN | Kitchen Fund/Dedication of Commons | $30,000 |
| Ruth's House Faribault, MN | General Operating Support | $29,464 |
| Paradise Center for the Arts Faribault, MN | General Operating Support | $20,000 |
| River Valley Church Faribault, MN | General Operating Support | $14,800 |
| Healthfinders Collaborative Inc Faribault, MN | General Operating Support | $10,500 |
| Faribault Cares Faribault, MN | General Operating Support | $10,000 |
| Sowers Missions Inc High Point, NC | General Operating Support | $10,000 |
| Community Cafe Faribault, MN | General Operating Support | $10,000 |
| Grace Lutheran Church Andover, MN | General Operating Support | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $4,696,705 | $1,859,138 | $717,175 | $376,206 | 12 | $102,389 |
| 2024 | $3,371,360 | $2,455,904 | $381,312 | $118,872 | 10 | $70,338 |
| 2023 | $1,132,136 | $1,129,449 | $136,518 | $16,571 | Total only | $6,352 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s mission is to develop, manage, and administer financial resources to promote and enhance quality of life in the greater Faribault community. Its stated purposes include attracting charitable gifts, serving as a fiscal host, and building nonprofit capacity.
Its grantmaking includes donor-advised fund distributions and community microgrants for local programs and activities. The foundation’s website describes the microgrants as supporting community-benefiting projects, with requests generally in the $500–$1,000 range.
Grantees illustrate a range of community services. Ruth’s House of Hope says its mission is to help women and children recovering from violence, oppression, and homelessness in Rice County through affordable, supportive housing. HealthFinders Collaborative says it provides accessible, culturally sensitive healthcare at no cost to low-income and uninsured residents of greater Rice and Steele counties. Faribault Art Center says it makes an arts facility available to the public and promotes the arts through classes, exhibits, festivals, plays, and other programs. Pregnancy Options Lifecare Center describes its work as pregnancy-related services, education, counseling, and resources.
Grantmaking
In filing year 2025, the foundation reported 12 grants totaling $376,206. Grants ranged from $6,000 to $223,442, with a median of $10,250. Its largest reported awards included $223,442 to the City of Faribault for the Viaduct Park Project, $30,000 to Divine Mercy Catholic Church for its kitchen fund and dedication of Commons, and $29,464 to Ruth’s House for general operating support. Other reported grants included $20,000 to Paradise Center for the Arts, $10,500 to HealthFinders Collaborative, and $10,000 each to Faribault Cares, Sowers Missions, and Community Cafe.
The foundation also offers CommUnity Micro Grants. Its website describes a simple application process for local nonprofits seeking support for programs and activities, with grant reports required. The website says to watch for applications for future CommUnity Grants. Separately, the Southern Heights Dental Group Scholarship, administered by the foundation, is currently listed for Faribault Area High School students intending to pursue a career as a dental assistant or dental hygienist; it is awarded annually.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Christine Shaffer-Brown as president, Dr. Michael Richie as vice president, Chad Koepke as treasurer, and Chad Wolff as secretary. Directors listed are Jeff Jandro, Ken Hubert, Dr. Sarah Beckmann, Daryl Bauer, and John Scott. Laura Bock is listed as executive director.
Faribault Foundation Inc is led by Laura Bock, Executive Director on every filing since 2023; 1 of 10 officers listed in 2025 is compensated.
Officers on the 2025 filing
Laura Bock
Executive Director
On filings since 2023
40 hrs/week
$17K (2023) → $86K (2025)
Christine Shaffer-Brown
President
Secretary → Vice President, 2024
Vice President → President, 2025
On filings since 2023
1 hr/week
No compensation reported
Jeff Jandro
Director
On filings since 2023
1 hr/week
No compensation reported
Ken Hubert
Director
On filings since 2024
1 hr/week
No compensation reported
Sarah Beckmann
Director
On filings since 2024
1 hr/week
No compensation reported
Daryl Bauer
Director
New on the 2025 filing
1 hr/week
No compensation reported
John Scott
Director
New on the 2025 filing
1 hr/week
No compensation reported
Chad Koepke
Treasurer
Vice Chair → President, 2024
President → Treasurer, 2025
On filings since 2023
1 hr/week
No compensation reported
Chad Wolff
Secretary
Director → Secretary, 2025
On filings since 2023
1 hr/week
No compensation reported
Michael Richie
Vice President
Secretary → Vice President, 2025
On filings since 2024
1 hr/week
No compensation reported
Former officers (8)
- Former: Todd Markman (2023–2024) — Treasurer
- Former: Patricia Gustafson (2024) — Director
- Former: Colin Maltbie (2023) — Director
- Former: Kymn Anderson (2023) — Executive Director & Administrator Assistant
- Former: Mike Richie (2023) — Director
- Former: Natalia Medoza-Orr (2023) — President
- Former: Pat Gustafson (2023) — Director
- Former: Steve Kohl (2023) — Director
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $86K, to Laura Bock (Executive Director).
Frequently asked questions about Faribault Foundation Inc
How much does Faribault Foundation Inc give each year?
Faribault Foundation Inc gave $376K across 12 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $119K across 10 grants.
What is Faribault Foundation Inc's typical grant size?
Faribault Foundation Inc's median grant in 2025 was $10,250, and its average grant was $31,351, across 12 grants on its 2025 IRS Form 990.
Where does Faribault Foundation Inc give grants?
Faribault Foundation Inc gives mostly in Minnesota: 97% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Faribault, MN (10 grants).
Does Faribault Foundation Inc give general operating support?
Yes: 83% of Faribault Foundation Inc's 2025 grants with a stated purpose (10 of 12) were for general or operating support, per its 2025 IRS Form 990.
Who are Faribault Foundation Inc's largest grantees?
Faribault Foundation Inc's largest 2025 grantees include City of Faribault ($223,442), Divine Mercy Catholic Church ($30,000) and Ruth's House ($29,464), according to its 2025 IRS Form 990. Together they received 75% of its itemized 2025 grant dollars.
How large is Faribault Foundation Inc?
Faribault Foundation Inc reported $4.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.9M.
What does Faribault Foundation Inc fund?
The foundation’s mission is to develop, manage, and administer financial resources to promote and enhance quality of life in the greater Faribault community. Its stated purposes include attracting charitable gifts, serving as a fiscal host, and building nonprofit capacity. See mission & focus areas ↑
How do I apply for a grant from Faribault Foundation Inc?
Faribault Foundation Inc has no public application process in the sources Grantable reviewed. Check faribaultfoundation.org for current guidelines, or contact the foundation directly before submitting a request.
What is Faribault Foundation Inc's EIN?
Faribault Foundation Inc's EIN (Employer Identification Number) is 41-1931735. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS June 25, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 28, 2026)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 14, 2024)
- IRS filings on file for fiscal years 2023–2024
Explore Open Grants
Browse active grant opportunities in Faribault Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Faribault Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/faribault-foundation-inc-morg_2a7a3aee914f477e8b5b4d751e1c67c0
BibTeX
@misc{grantable_411931735_2026,
author = {{Grantable}},
title = {{Faribault Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/faribault-foundation-inc-morg_2a7a3aee914f477e8b5b4d751e1c67c0},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Faribault Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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