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Gustavus Adolphus College

SAINT PETER, MN EIN: 41-0695524 Website

Gustavus Adolphus College is a church-related, residential liberal arts college firmly rooted in its Swedish and Lutheran heritage. The College offers students of high aspiration and promise a liberal arts education of recognized excellence provided by faculty who embody the highest standards of teaching and scholarship. The College aspires to be a community of persons from diverse backgrounds who respect and affirm the dignity of all people. It is a community where a mature understanding of the Christian faith and lives of service are nurtured and students are encouraged to work toward a just and peaceful world. The purpose of a Gustavus education is to help students attain their full potential as persons, to develop in them a capacity and passion for lifelong learning, and to prepare them for fulfilling lives of leadership and service in society.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$557.5M

+3.1% YoY

Annual Giving

$40K

-38.5% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$40K

+84.4% YoY

About Gustavus Adolphus College

Based on IRS filings

Gustavus Adolphus College is a nonprofit organization focused on Education, based in SAINT PETER, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $557.5M in total assets. In 2024, it awarded 1 grants totaling $40K. Net investment income was $7.6M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Saint PaulSaint Peter

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$52M$104M$156M$209M20192021202220232024
Metric202420232022
Total Assets$557,494,933$540,762,989$555,228,341
Revenue$145,945,868$150,522,013$183,510,862
Expenses$154,076,541$158,584,922$159,071,069
Qualifying Distributions
Net Investment Income$7,612,733$6,172,543$26,241,400
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$19K$38K$57K$76K0 grants20193 grants20213 grants20223 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

City of Saint Peter$40K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Gustavus Adolphus College

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

Rebecca M BergmanPresident$354KBrenda S KellyProvost and Dean of the Coll…$200KCurtis J KowaleskiCFO Vice President of Financ…$195KJoNes R VanHeckeVice President for Student L…$190KThomas W YoungVice President for Instituti…$175KMark J BraunFaculty$157KWilson D ThompsonVice President for Equity an…$140KMarcia J BungeFaculty$139KJolene D ChristensenSecretary$54KTane T DangerDirector$2KNicole M LaVoiDirector$500

From 2024 filing

NameTitleHoursCompensation
Rebecca M BergmanPresident50$353,865
Brenda S KellyProvost and Dean of the College50$199,913
Curtis J KowaleskiCFO Vice President of Finance and Treasurer50$195,415
Thomas W YoungVice President for Institutional Advancement50$175,134
JoNes R VanHeckeVice President for Student Life & Dean of Students50$190,467
Mark J BraunFaculty50$156,953
Marcia J BungeFaculty50$139,362
Wilson D ThompsonVice President for Equity and Inclusion50$139,772
Jolene D ChristensenSecretary50$54,283
Tane T DangerDirector2$2,000
Nicole M LaVoiDirector2$500
Kelsey K AckmannDirector2
Jeffrey C AndersonDirector2
Scott P AndersonDirector2
Catherine L AstaDirector2
Mark W BergmanDirector2
Suzanne F BodaDirector2
Robert D Brown JrDirector2
Kara K BucknerDirector2
Michael D BusseyDirector2
Janette F ConcepcionDirector2
Daniel G CurrellDirector2
Sarah E CuthillDirector2
Edward J DrenttelDirector2
John O HallbergDirector2
John M HarrisDirector2
Eric H HedlundDirector2
Mary Dee J HicksDirector2
Alicia A HildingDirector2
John S HimleDirector2
Keith N JacksonDirector/Vice Chair2
Peter C JohnsonDirector2
Charles M KelleyDirector2
Dennis A LindDirector2
Jan LindmanDirector2
David J LoseDirector2
Mikka S McCrackenDirector2
Bradley S NussDirector/Vice Chair2
Marcia L PageDirector/Chair2
Dee PedersonDirector2
Dan S PoffenbergerDirector2
Robert C SchnellDirector2
Karl D SelfDirector/Vice Chair2
Kent V StoneDirector2
Heather T WigdahlDirector2

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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