Moorhead Legacy Education Foundation logo

Moorhead Legacy Education Foundation

MOORHEAD, MN EIN: 41-1689598 Website

To support and promote educational programs in Independent School District 152 and provide scholarships and financial aid for post secondary education.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+6.7% YoY

Annual Giving

$91K

+95.6% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$45K

+95.6% YoY

About Moorhead Legacy Education Foundation

Based on IRS filings

Moorhead Legacy Education Foundation is a nonprofit organization focused on Education, based in MOORHEAD, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 2 grants totaling $91K. Net investment income was $57K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Moorhead

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$101K$202K$304K$405K20202021202220232024
Metric202420232022
Total Assets$1,977,869$1,854,040$1,505,126
Revenue$367,977$243,444$184,691
Expenses$271,995$226,758$204,011
Qualifying Distributions
Net Investment Income$57,408$54,877$33,938
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$45K$68K$91K1 grants20201 grants20211 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Independent School Distr…$70KSPUDS TV$21K

Grant Size Distribution

7 grants across all recorded years

6<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Moorhead Legacy Education Foundation

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

Janelle LeisethExecutive Director$12K

From 2024 filing

NameTitleHoursCompensation
Katherine HalvorsonBoard Chair15
Julie WilsonBoard Vice Chair7.5
Mike McFeelySecretary2
Chad HansenTreasurer2
Tina ChristensonBoard Member (as of June 2024)4
Stephen AstrupBoard Member2
Monica PetersonBoard Member (as of June 2024)4
Charles FisherBoard Member2
Brett RathboneBoard Member (as of June 2024)2
Jana KasperBoard Member (as of June 2024)2
Mark RiceBoard Member2
Angie HomuthBoard Member2
Janelle LeisethExecutive Director20$12,000

Subject Areas

Focus areas based on grantmaking activity

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

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