Isd 88 Foundation Inc logo

Isd 88 Foundation Inc

Public charity · Grantmaker New Ulm, MN EIN: 45-5615797 Website

To enhance the quality of education in isd 88 while creating partnerships between our schools, our communities and alumni.

Key facts about Isd 88 Foundation Inc

In short: Isd 88 Foundation Inc gave $20K across 1 grant in 2025 (avg $20K), mostly in Minnesota. Source: 2025 IRS Form 990.

EIN
45-5615797
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$20,225
Grants made (2025)
1
Average grant
$20,225
Median grant
$20,225
Total assets
$698,832
Primary geography
Minnesota (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$699K

+12.9% YoY

Annual Giving

$20K

+2.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$20K

+2.8% YoY

How Isd 88 Foundation Inc gives

  • Giving grew 125% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Isd 88 Foundation Inc

Based on IRS filings

Isd 88 Foundation Inc is a public charity focused on Education, based in New Ulm, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $699K in total assets. In 2025, it awarded 1 grant totaling $20K. Net investment income was $29K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

New Ulm

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grants20191 grants20201 grants20211 grants20221 grants20231 grants20241 grants2025

From 2019 to 2025, annual grant giving ranged from $9K (2022) to $20K (2025). In 2025 it made 1 grant totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Independent School District 88: $20KIndependent School District 88$20K

The largest 2025 recipient was Independent School District 88 ($20K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Independent School District 88 New Ulm, MNSee 990-Part 3 LN 4B$20,225

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$50K$100K$150K2019202020212022202320242025
Metric202520242023
Total Assets$698,832$618,973$597,533
Revenue$98,198$85,832$79,374
Expenses$60,806$46,687$41,616
Net Investment Income$29,281$26,540$146

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS November 13, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS November 8, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS July 14, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS August 6, 2026)

Leadership & Key People

Officers and directors from IRS filings

Isd 88 Foundation Inc is led by Abby Swenson, President since 2023 (on filings since 2019); 1 of 12 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Abby Swenson

    President

    President → Vice President, 2021

    Vice President → President, 2023

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Kay Burnett Martin

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Cody Kohn

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Harold Enamorado

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Irene Achman

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Kaitlin Houlihan

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Korey Woodley

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Stephanie Kircher

    Executive Di

    New on the 2025 filing

    20 hrs/week

    $20K (2025)

  • Jacob Holm

    Treasurer

    Director → Co-Treasurer, 2020

    Co-Treasurer → Treasurer, 2021

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Mike Benz

    Vice President

    Director → Vice President, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Sean Koster

    Ex-Officio

    On filings since 2022

    1 hr/week

    No compensation reported

  • Sarah Sveine

    Secretary

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (15)
  • Former: Jill Curry (2019–2024) — Director
  • Former: Jim Pearson (2019–2024) — Director
  • Former: Tim Knaak (2019–2024) — Director
  • Former: Lisa Besemer (2020–2024) — Secretary
  • Former: John Rodenberg (2022–2024) — Director
  • Former: Sandra Juni (2022–2024) — Director
  • Former: Mike Lieb (2019–2023) — Vice President
  • Former: Shannon Frauenholz (2019–2023) — Director
  • Former: Bill Steinke (2019–2021) — Director
  • Former: Nicole Schmiesing (2019–2021) — Director
  • Former: Ted Sauers (2019–2021) — Director
  • Former: Jeff Bertrang (2020–2021) — Ex-Officio
  • Former: Joan Ristuccia (2021) — Executive Director
  • Former: Amanda Groebner (2019–2020) — Secretary
  • Former: Greg Thomas (2019–2020) — Director

Data from IRS Form 990 filings, 2019–2025. "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

Stephanie Kircher — Executive Di: $20KStephanie KircherExecutive Di$20K

The highest reported compensation on the 2025 filing was $20K, to Stephanie Kircher (Executive Di).

Frequently asked questions about Isd 88 Foundation Inc

How much does Isd 88 Foundation Inc give each year?

Isd 88 Foundation Inc gave $20K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $20K across 1 grant.

How large is Isd 88 Foundation Inc?

Isd 88 Foundation Inc reported $699K in total assets on its 2025 IRS Form 990. Its revenue that year was $98K.

What is Isd 88 Foundation Inc?

Isd 88 Foundation Inc is a public charity focused on Education, based in New Ulm, MN. It holds $699K in total assets as of 2025.

Where does Isd 88 Foundation Inc operate?

Isd 88 Foundation Inc has awarded grants in Minnesota.

What is Isd 88 Foundation Inc's EIN?

Isd 88 Foundation Inc's EIN (Employer Identification Number) is 45-5615797. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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