Rainy River Community College Foundation
Investing in student success and our communitys future through scholarships and college development
Rainy River Community College Foundation at a glance
In short: Rainy River Community College Foundation gave $10K across 1 grant in 2025 (avg $10K), mostly in Minnesota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $9,932
- Grants made (2025)
- 1
- Average grant
- $9,932
- Median grant
- $9,932
- Total assets
- $2,773,972
- +11.3% 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.
Who Rainy River Community College Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was MN North College-Rainy River Campus ($10K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Rainy River Community College Foundation gives
- Giving held roughly steady from 2022 to 2025 (+16%). 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 2020 to 2025, annual grant giving ranged from $6K (2021) to $10K (2025). In 2025 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MN North College-Rainy River Campus International Falls, MN | Higher Education | $9,932 |
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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 | $2,773,972 | $296,238 | $195,413 | $9,932 | 1 | $109,367 |
| 2024 | $2,493,120 | $283,918 | $232,163 | — | — | $199,409 |
| 2023 | $2,304,923 | $620,083 | $205,226 | $6,917 | 1 | $-6,049 |
| 2022 | $1,704,570 | $259,753 | $154,743 | $8,543 | 1 | $186,768 |
| 2021 | $2,067,223 | $157,068 | $175,089 | $6,175 | 1 | $94,477 |
| 2020 | $1,799,553 | $136,761 | $218,339 | $7,729 | 1 | $80,326 |
About Rainy River Community College Foundation
Based on IRS filings
Rainy River Community College Foundation is a public charity focused on Education, based in Intl Falls, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.8M in total assets. In 2025, it awarded 1 grant totaling $10K. Net investment income was $109K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Rainy River Community College Foundation is led by Paul Nevanen, President since 2023 (on filings since 2020); none of the 16 officers listed in 2025 report compensation.
Officers on the 2025 filing
Paul Nevanen
President
Secretary → President, 2023
On filings since 2020
2 hrs/week
No compensation reported
Jim Knapp
President
Board Member → President, 2025
On filings since 2023
2 hrs/week
No compensation reported
Kristi Huffaker
Foundation Executive Director
New on the 2025 filing
20 hrs/week
No compensation reported
Allen Rasmussen
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Erik Strand
Board Member
Board Member → Secretary, 2023
Secretary → Board Member, 2025
On filings since 2020
1 hr/week
No compensation reported
Joann Dornhecker
Secretary
Director → Board Member, 2021
Board Member → Secretary, 2025
On filings since 2020
1 hr/week
No compensation reported
Mike Williams
Board Member
Director → Board Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Patti Ballan
Board Member
Director → Board Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Sue Anderson
Board Member
Director → Board Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Sue Nordquist
Board Member
Faculty Board Member → Board Member, 2025
On filings since 2020
1 hr/week
No compensation reported
Tim Anderson
Board Member
Director → Board Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Laurie Knapp
Board Member
On filings since 2023
1 hr/week
No compensation reported
Molly Bragg
Board Member
On filings since 2023
1 hr/week
No compensation reported
Beth Shermoen
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Nancylee Jorgenson
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Rachel Berry
Faculty Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (13)
- Former: Jerrod Shermoen (2020–2024) — Board Member
- Former: Jan Gauthier (2024) — Board Member
- Former: Michelle Shelly Koenig (2024) — Foundation Executive Director
- Former: Brad Krasaway (2020–2023) — Director of Operations
- Former: Shelly Koenig (2022–2023) — Foundation Executive Director
- Former: Anne Homkes (2020–2022) — Foundation Executive Director
- Former: Mike Turenne (2020–2022) — President
- Former: Nancy Rogenrud (2022) — Board Member
- Former: Bruce Walker (2020–2021) — Board Member
- Former: Lindsey Goulet (2020–2021) — Board Member
- Former: Nancy Rognerud (2020–2021) — Board Member
- Former: Mary Sue Collins (2021) — Board Member
- Former: Marysue Collins (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Rainy River Community College Foundation
How much does Rainy River Community College Foundation give each year?
Rainy River Community College Foundation gave $10K across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Rainy River Community College Foundation?
Rainy River Community College Foundation reported $2.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $296K.
What is Rainy River Community College Foundation?
Rainy River Community College Foundation is a public charity focused on Education, based in Intl Falls, MN. It holds $2.8M in total assets as of 2025.
Where does Rainy River Community College Foundation operate?
Rainy River Community College Foundation has awarded grants in Minnesota.
What is Rainy River Community College Foundation's EIN?
Rainy River Community College Foundation's EIN (Employer Identification Number) is 41-1644956. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS March 2, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 20, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 27, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 15, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Rainy River Community College Foundation's focus areas in our free grants database
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Figures come from Rainy River Community College Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Rainy River Community College Foundation down — hundreds of funders to go?