Valley News Foundation

MANKATO, MN EIN: 36-3339339

Valley News Foundation is a private foundation, based in MANKATO, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 42 grants totaling $47K. Net investment income was $66K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+0.7% YoY

Annual Giving

$47K

-9.3% YoY

Grant Count

42

-4.5% YoY

Avg Grant Size

$1K

-4.9% YoY

About Valley News Foundation

Based on IRS filings

Valley News Foundation is a private foundation, based in MANKATO, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 42 grants totaling $47K. Net investment income was $66K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

CloquetDallasGood ThunderJacksonvilleManhattan BeachMankatoMinneapolisNorth MankatoOmahaOrlandoRochesterWaconiaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$56K$85K$113K20202021202220232024
Metric202420232022
Total Assets$1,058,547$1,051,600$1,069,545
Revenue$69,417$37,138$53,304
Expenses$62,470$55,083$48,868
Qualifying Distributions$58,820$53,232$44,638
Net Investment Income$65,767$31,387$48,688
Distributable Amount$50,258$46,745$48,578

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$26K$39K$52K46 grants202050 grants202144 grants202244 grants202342 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Mankato Youth Place$8KMinnesota State University$5KRonald McDonald House$4KMinnesota State Universi…$3KMankato Area United Way$3KTee It Up For The Troops$2KEducare Foundation$2KKiwanis Holiday Lights$1KTwin Rivers Council For …$1KChildren's Museum of Sou…$1K

Grant Size Distribution

226 grants across all recorded years

226<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

Troy LeifermanPresident$12K

From 2024 filing

NameTitleHoursCompensation
Troy LeifermanPresident1$12,000
Margaret LeifermanSecretary1

Related Funders

Similar funders by location and focus area

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

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