Faribault Foundation Inc
THE FARIBAULT FOUNDATION IS ON A MISSION TO IMPOVE THE QUAILITY OF LIFE IN FARIBAULT THROUGH THE GENEROSITY OF DONORS. TO ACCOMPLISH THIS MISSION WE ARE GROWING OUR COMMUNITY FOUNDATION, AND GRANTS WILL BE FOCUSED IN THE FARIBAULT COMMUNITY. MAKING AN IMPACT FOR OUR NON PROFITS AND ENHACING OUR COMMUNITIES PROGRAMS. CURRENTLY OUR MOST SIGNIFICANT ACTIVITY IS TRYING TO GROW OUR ASSETS UNDER MANAGEMENT AND EDUCATE THE COMMUNITY ON WHAT A FOUNDATION DOES AND HOW IT CAN HELP THE ENTIRE COMMUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+197.8% YoY
Annual Giving
$119K
Grant Count
10
Avg Grant Size
$12K
About Faribault Foundation Inc
Based on IRS filings
Faribault Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in FARIBAULT, MN. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 10 grants totaling $119K. Net investment income was $70K.
Focus Areas
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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 |
|---|---|---|
| Total Assets | $3,371,360 | $1,132,136 |
| Revenue | $2,455,904 | $1,129,449 |
| Expenses | $381,312 | $136,518 |
| Qualifying Distributions | — | — |
| Net Investment Income | $70,338 | $6,352 |
| 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 10 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Open Grants
3 open opportunities from Faribault Foundation Inc
CommUnity Micro-Grants
FARIBAULT FOUNDATION INC
Amount
Up to $1,000
Deadline
May 12, 2027
Founders Fund Grant
FARIBAULT FOUNDATION INC
Amount
Varies (example: $10,000)
Deadline
Rolling / Open
Southern Heights Dental Group Scholarship
FARIBAULT FOUNDATION INC
Amount
Varies
Deadline
April 30, 2027
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHAD KOEPKE | PRESIDENT | 1 | — |
| CHRISTINE SHAFFER-BROWN | VICE PRESIDENT | 1 | — |
| TODD MARKMAN | TREASURER | 1 | — |
| DR MICHAEL RICHIE | SECRETARY | 1 | — |
| PATRICIA GUSTAFSON | DIRECTOR | 1 | — |
| CHAD WOLFF | DIRECTOR | 1 | — |
| JEFF JANDRO | DIRECTOR | 1 | — |
| KEN HUBERT | DIRECTOR | 1 | — |
| DR SARAH BECKMANN | DIRECTOR | 1 | — |
| LAURA BOCK | EXECUTIVE DIRECTOR | 40 | $83,624 |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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