Fsc Foundation Inc
FSC Foundation Inc is a private foundation established in 1989 and currently based in Minneapolis, Minnesota. The foundation operates as an independent grantmaking organization with a focus on supporting educational initiatives, particularly for underserved populations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5K
-46.0% YoY
Annual Giving
$149K
-0.1% YoY
Grant Count
25
-24.2% YoY
Avg Grant Size
$6K
+31.8% YoY
Mission & Focus Areas
The foundation's mission is giving for education of the poor, chiefly through Catholic agencies. The foundation supports a diverse range of educational projects including:
- Educational supplies and textbooks
- Technology as a learning tool
- School infrastructure and classroom improvements
- Professional development for educators
- Computer literacy and STEM education programs
- Support for orphaned and vulnerable children's education
- School transportation and facilities
Grantmaking
The foundation accepts applications and is open to new applicants.
Grant Range
s range from $2,000 to $51,000, with a median grant of approximately $4,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation funds both domestically and internationally. Domestic funding spans multiple U.S. states including California, Illinois, Iowa, Minnesota, Missouri, New York, Pennsylvania, and Wisconsin. International grants support programs in countries including Uganda, India, Cameroon, Tanzania, Kenya, Ghana, Zambia, and Namibia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2023 Financial Data:
- Total assets: $9,858
- Total revenues: $150,000
- Total expenses: $156,386
- Total giving: $149,000
The foundation operates with a giving rate exceeding 100% of assets, indicating it distributes more annually than its asset base.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,321 | $9,858 | $16,244 |
| Revenue | $150,000 | $150,000 | $150,000 |
| Expenses | $154,537 | $156,386 | $139,002 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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
138 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Thomas Hetland serves as President of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BROTHER THOMAS HETLAND FSC | PRESIDENT | 2 | — |
| SR MARGARET DEMPSEY RSM | BOARD MEMBER | 2 | — |
| BR JOHNATHAN EMANUELSON FSC | BOARD MEMBER | 2 | — |
| BR JOHN MONTGOMERY FSC | BOARD MEMBER | 2 | — |
| SR BARBARA NELSON IBVM | BOARD MEMBER | 2 | — |
| SR KAREN NYKIEL OSB | BOARD MEMBER | 2 | — |
| BR RAYMOND PAPENFUSSCSC | SELECTION COMMITTE & BOARD | 2 | — |
| SR M CAMPION MAGUIRE RSM | RETIRED PRES | 1 | — |
Recent Activity
Recent developments and announcements
The foundation maintains active grantmaking operations, with 2024 representing a year of significant philanthropic distribution across 53 recipients. The foundation's website documents detailed grant allocations, reflecting ongoing commitment to educational support both domestically and internationally.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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