Minnesota State University Mankato Foundation Inc
Minnesota state university, mankato foundation, inc. Is dedicated to securing private gifts and grants to benefit Minnesota state university, mankato. Each year, thousands of generous benefactors make gifts to help students, faculty and programs at this university. The foundation's mission is to enhance the university's ability to achieve its mission by encouraging and stewarding sustained philanthropic support from alumni and friends. The foundation operates with responsible stewardship, integrity, transparency and trust, provides leadership, advocacy and support of the university's strategic priorities, provides support for educational access and for enriching experiences for students, and provides leadership in promoting and engaging donor passion.
Minnesota State University Mankato Foundation Inc at a glance
In short: Minnesota State University Mankato Foundation Inc gave $3.9M across 2 grants in 2025 (avg $2.0M), mostly in Minnesota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $3,949,925
- -1.0% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $1,974,963
- -1.0% vs 2024
- Median grant
- $1,974,963
- Total assets
- $127,735,165
- +26.4% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Minnesota State University Mankato Foundation Inc
Open Grants
1 open opportunity from Minnesota State University Mankato Foundation Inc
Who Minnesota State University Mankato Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Minnesota State University ($3.9M across 2 grants).
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $1–5M range: 8 grants of 10 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Minnesota State University Mankato Foundation Inc gives
- Giving grew 36% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $2.8M (2021) to $4.0M (2024). In 2025 it made 2 grants totaling $3.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minnesota State University Mankato, MN | To Assist the University in Awarding Student Scholarships | $2,606,817 |
| Minnesota State University Mankato, MN | Assisting the university with program related costs and promoting the university, including athletic talent grants. | $1,343,108 |
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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 | $127,735,165 | $30,343,857 | $9,131,149 | $3,949,925 | 2 | $7,681,930 |
| 2024 | $101,080,500 | $16,316,150 | $7,257,034 | $3,990,513 | 2 | $4,037,289 |
| 2023 | $86,434,052 | $7,880,381 | $6,221,910 | $3,263,710 | 2 | $270,289 |
| 2022 | $77,015,205 | $9,285,148 | $7,531,061 | $2,913,570 | 2 | $1,376,027 |
| 2021 | $85,675,162 | $15,243,614 | $9,705,209 | $2,780,217 | 2 | $4,334,293 |
| 2019 | $67,583,531 | $8,513,698 | $7,828,270 | $3,011,965 | 2 | $3,837,603 |
About Minnesota State University Mankato Foundation Inc
Based on IRS filings
Minnesota State University Mankato Foundation Inc is a public charity focused on Education, based in Mankato, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $127.7M in total assets. In 2025, it awarded 2 grants totaling $3.9M. Net investment income was $7.7M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Minnesota State University Mankato Foundation Inc is led by Amy M. Cooney, Executive Director on the 2025 filing; 3 of 31 officers listed in 2025 are compensated.
Officers on the 2025 filing
Amy M. Cooney
Executive Director
New on the 2025 filing
40 hrs/week
$146K (2025)
Richard Ortega
Interim Executive Director
New on the 2025 filing
20 hrs/week
$96K (2025)
Jim Lund
Board Chair
Director → Board Vice Chair, 2022
Board Vice Chair → Board Chair, 2025
On filings since 2019
2 hrs/week
No compensation reported
Allan Bohlke
Director
Board Vice Chair → Board Chair, 2022
Board Chair → Director, 2025
On filings since 2019
0.4 hrs/week
No compensation reported
Barb Kaus
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Craig Gomez
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Jennifer Spaude
Director
Director → Secretary, 2021
Secretary → Director, 2025
On filings since 2019
0.4 hrs/week
No compensation reported
Timothy Huebsch
Director
President → Director, 2021
On filings since 2019
0.3 hrs/week
No compensation reported
Barbara Hubbard
Director
On filings since 2021
0.4 hrs/week
No compensation reported
Bill Wiltgen
Director
On filings since 2021
0.4 hrs/week
No compensation reported
Chad Tischer
Director
On filings since 2021
0.4 hrs/week
No compensation reported
Daniel Mundahl
Director
On filings since 2021
0.3 hrs/week
No compensation reported
Christine Lantinen
Director
On filings since 2022
0.3 hrs/week
No compensation reported
Susan Michaletz
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Brett Anderson
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Jay Adams
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Melissa Bradley
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Michelle Schooff
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Mona Askalani
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Eric Johnson
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Kamal Karam
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Karen Oberle
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Lisa Hyland
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Todd Kelzenberg
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Angela Justice
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
John Zak
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Rachel Hassas
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Harold K. Stanley
Former Officer
Executive Director & Msumf → Executive Director, 2024
Executive Director → Former Officer, 2025
On filings since 2021
30 hrs/week
$202K (2023) → $169K (2025)
Todd Loosbrock
Treasurer
Director → Treasurer, 2022
On filings since 2021
0.6 hrs/week
No compensation reported
Kirsten Voss
Board Vice Chair
Director → Board Vice Chair, 2025
On filings since 2022
0.6 hrs/week
No compensation reported
Rodney Brown
Secretary
Director → Secretary, 2025
On filings since 2022
0.6 hrs/week
No compensation reported
Former officers (17)
- Former: Rod Johnson (2019–2024) — Director
- Former: Ron Vetter (2021–2024) — Director
- Former: Kris Lindahl (2022–2024) — Director
- Former: Jim Clark (2019–2023) — Director
- Former: Stuart Sneer (2021–2023) — Director
- Former: Darryl Wills (2019–2022) — Director
- Former: Paul Hanson (2019–2022) — Director
- Former: Robert Makela (2019–2022) — Director
- Former: Jerry Lee (2019–2021) — Director
- Former: John Green (2019–2021) — Director
- Former: Leslie Karam (2019–2021) — Director
- Former: Colin Meier (2019) — Director
- Former: Craig Lloyd (2019) — Director
- Former: Jean Fitterer Lance (2019) — Vice President
- Former: Kent Stanley (2019) — Vice President of University Advancement
- Former: Paul Rasmussen (2019) — Director
- Former: Rod Schmidt (2019) — 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
The highest reported compensation on the 2025 filing was $169K, to Harold K Stanley (Former Officer Thru 05/24). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Minnesota State University Mankato Foundation Inc
How much does Minnesota State University Mankato Foundation Inc give each year?
Minnesota State University Mankato Foundation Inc gave $3.9M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $4.0M across 2 grants.
How large is Minnesota State University Mankato Foundation Inc?
Minnesota State University Mankato Foundation Inc reported $127.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $30.3M.
What is Minnesota State University Mankato Foundation Inc?
Minnesota State University Mankato Foundation Inc is a public charity focused on Education, based in Mankato, MN. It holds $127.7M in total assets as of 2025.
Where does Minnesota State University Mankato Foundation Inc operate?
Minnesota State University Mankato Foundation Inc has awarded grants in Minnesota.
What is Minnesota State University Mankato Foundation Inc's EIN?
Minnesota State University Mankato Foundation Inc's EIN (Employer Identification Number) is 41-6033423. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS March 18, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 8, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Minnesota State University Mankato Foundation Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
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