TO PROVIDE FINANCIAL ASSISTANCE TO MANKATO AREA CATHOLIC SCHOOLS
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.5M
-3.3% YoY
Annual Giving
$394K
-62.9% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$394K
-25.9% YoY
About Schola Foundation
Based on IRS filings
Schola Foundation is a nonprofit organization focused on Education, based in MANKATO, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.5M in total assets. In 2024, it awarded 1 grants totaling $394K. Net investment income was $495K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,493,302 | $11,887,333 | $12,527,773 |
| Revenue | $1,616,202 | $917,272 | $1,251,467 |
| Expenses | $433,749 | $1,274,566 | $481,212 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $494,818 | $167,389 | $458,058 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Loyola Catholic Schools ($394,286).
| Recipient | Purpose | Amount |
|---|---|---|
| LOYOLA CATHOLIC SCHOOLS MANKATO, MN | FINANCIAL ASSISTANCE | $394,286 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUG HELGET | PRESIDENT | 1 | — |
| COLBY STALOCH | VICE PRESIDE | 1 | — |
| ADRIENNE FAHRFORTH | SECRETARY | 1 | — |
| JON MOCOL | TREASURER | 1 | — |
| GREGG ANDERSON | BOARD MEMBER | 1 | — |
| REGGIE REID | BOARD MEMBER | 1 | — |
| JO BAILY | BOARD MEMBER | 1 | — |
| CAROL BRADY | BOARD MEMBER | 1 | — |
| TONY ROTCHADL | BOARD MEMBER | 1 | — |
| PAUL GASPAR | BOARD MEMBER | 1 | — |
| NATHAN GRUENZNER | BOARD MEMBER | 1 | — |
| LANCE JEPPSON | BOARD MEMBER | 1 | — |
| RICK HAEFNER | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Schola Foundation?
Schola Foundation is a nonprofit organization focused on Education, based in MANKATO, MN. It holds $11.5M in total assets as of 2024.
How large is Schola Foundation?
As of 2024, Schola Foundation holds $11.5M in total assets with $1.6M in annual revenue. It awarded 1 grants totaling $394K in 2024.
Where does Schola Foundation operate?
Schola Foundation has awarded grants in Minnesota.
What size grants does Schola Foundation award?
In 2024, Schola Foundation awarded 1 grants totaling $394K — an average of about $394K per grant, based on its IRS Form 990 filings.
What is Schola Foundation's EIN?
Schola Foundation's EIN (Employer Identification Number) is 51-0144999. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Schola Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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