MINNEAPOLIS COMMUNITY AND TECHNICAL COLLEGE FOUNDATION
1501 HENNEPIN AVE, MINNEAPOLIS, MN 55403 www.minneapolis.edu

Total Revenue
$1,180,138
Total Expenses
$651,791
Net Assets
$5,170,327

Organizations Filed Purposes: THE MISSION OF THE MINNEAPOLIS COMMUNITY & TECHNICAL FOUNDATION IS TO PROVIDE FINANCIAL ASSISTANCE AND EDUCATIONAL SUPPORT TO THOSE STUDENTS OF NEED WHO ATTEND MINNEAPOLIS COMMUNITY AND TECHNICAL COLLEGE. THE FOUNDATION BOARD OF DIRECTORS MAY (CONTINUED ON SCHEDULE O) (CONTINUED FROM PAGE 2) APPROVE FUNDING OF PROGRAMS THAT ARE SPECIFICALLY RELATED TO THE MISSION OF THE COLLEGE.

THE MISSION OF THE MINNEAPOLIS COMMUNITY & TECHNICAL COLLEGE FOUNDATION (CONTINUED ON SCHEDULE O) (CONTINUED FROM PAGE 1)IS TO PROVIDE FINANCIAL ASSISTANCE AND EDUCATIONAL SUPPORT TO THOSE STUDENTS OF NEED WHO ATTEND MCTC.

THE FOUNDATION DOES NOT ADMINISTER ANY PROGRAMS. HOWEVER, THEY RAISE FUNDS AND PROVIDE PART OR ALL OF THE FUNDING TO THE COLLEGE TO DEVELOP AND ADMINISTER SPECIFIC PROGRAMS AND AWARD SCHOLARSHIPS.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Beverly WadsworthFOUNDATION DIRECTOR40$0
Penny SchumacherEXECUTIVE DIRECTOR40$0
Maddy RyanBOARD MEMBER1$0
Michael RossmanBOARD MEMBER1$0
Aswar RahmanBOARD MEMBER1$0
Deb Pomroy CoughlinBOARD MEMBER1$0
Elliott PayneBOARD MEMBER1$0
Peter MclaughlinBOARD MEMBER1$0
Marc JensenBOARD MEMBER1$0
Ramona HarristhalBOARD MEMBER1$0
Jacqueline Elliott-AndersonBOARD MEMBER1$0
Kevin ArmstrongBOARD MEMBER1$0
M Valeriana MoellerSECRETARY1$0
Kimberly SpatesTREASURER1$0
Stephanie Hammes-BettiVICE PRESIDENT1$0
Jeffrey CusterPRESIDENT1$0

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