HASTINGS PUBLIC SCHOOLS FOUNDATION
1807 MARKET BLVD - PMB335, HASTINGS, MN 55033 www.hastingspsf.org

Total Revenue
$95,097
Total Expenses
$168,075
Net Assets
$1,957,367

Organizations Filed Purposes: THE PURPOSE OF THE HASTINGS PUBLIC SCHOOLS FOUNDATION IS TO ENRICH EDUCATIONAL EXPERIENCES WITHIN THE HASTINGS, MINNESOTA PUBLIC SCHOOLS.

THE ORGANIZATION'S MAIN FOCUS HAS BEEN TO BUILD AN INITIAL 1 MILLION PERMANENT ENDOWMENT FUND. AS OF DECEMBER 31, 2004, THE FUND BALANCE SURPASSED THE INITIAL 1 MILLION GOAL. THE FUND WILL BE INVESTED SO AS TO PRESERVE ITS CAPITAL AND GENERATE STEADY INCOME AND LONG-TERM GROWTH. BEGINNING IN 2005 A PORTION OF THE INCOME IS BEING DISBURSED TO DISTRICT 200 EDUCATORS FOR PROGRAMS THAT PROMOTE AND ENHANCE EDUCATIONAL OPPORTUNITIES IN THE HASTINGS, MINNESOTA, PUBLIC SCHOOLS. SPECIFIC PROGRAM EXPENSES FOR 2019 INCLUDED SCHOLARSHIPS OF 23,950, CONTRIBUTIONS TO HASTINGS READS OF 1,500, MINI GRANTS OF 6,000, AND GRANTS TO EDUCATORS OF 103,579. THE ORGANIZATION ALSO INCURRED 11,533 OF EXPENSES RELATED TO THE HASTINGS HIGH SCHOOL ALL NIGHT SENIOR GRADUATION PARTY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Richard WelshonsPRESIDENT0.62$0
Jennifer SuebertBOARD MEMBER0.38$0
Joyce SiebenBOARD MEMBER0.62$0
Jim ReissnerBOARD MEMBER0.38$0
Leslie NielsenVICE PRESIDE3$0
Jake MooreBOARD MEMBER0.38$0
Rita MolitorBOARD MEMBER0.38$0
Jean LanglaisTREASURER/SE3$0
Dr Chris JohnstonBOARD MEMBER0.38$0
Leon EndresBOARD MEMBER0.38$0
Tim CollinsEX OFFICIO B0.62$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202042759349300629_public.xml