MINNESOTA STATE COLLEGES AND UNIVERSITIES FOUNDATION
PO BOX 9334, SAINT PAUL, MN 551090334 www.foundation.mnscu.edu

Total Revenue
$21,844
Total Expenses
$625,069
Net Assets
$0

Organizations Filed Purposes: THE MINNESOTA STATE COLLEGES AND UNIVERSITIES FOUNDATION SERVES AS AN INTEGRAL PARTNER WITH INSTITUTIONAL FOUNDATIONS TO ADVOCATE FOR THE SYSTEM AND RAISE AND DISTRIBUTE FUNDS TO MEET THE NEEDS OF THE MINNESOTA STATE COLLEGES AND UNIVERSITIES SYSTEM. ITS GOALS ARE TO COLLECT AND SHARE INFORMATION ON BEST PRACTICES FOR RAISING FUNDS AND MANAGING A FOUNDATION; RAISE FUNDS IN MUTUALLY BENEFICIAL PARTNERSHIPS WITH INSTITUTIONAL FOUNDATIONS; PROVIDE ADVOCACY FOR THE MINNESOTA STATE COLLEGES AND UNIVERSITIES SYSTEM; PROVIDE DISCRETIONARY FUNDS FOR THE OFFICE OF CHANCELLOR AND THE BOARD OF TRUSTEES; SERVE AS STEWARD OF DONOR FUNDS IN THE FOUNDATION; AND SUPPORT THE BOARD OF TRUSTEES IN ITS PURSUIT OF NEW ALTERNATIVE FUNDING AND RESOURCES.

SCHOLARSHIPS - THE FOUNDATION APPROVES AND DISBURSES SCHOLARSHIPS TO STUDENTS ATTENDING ONE OF THE STATE COLLEGES AND UNIVERSITIES. THE SCHOLARSHIPS GIVEN INCLUDE THE ROBERT L. CAROTHERS DISTINGUISHED WRITERS AWARD, ELIZABETH PEGUES SCHOLARSHIP, JOHN KENNETH NIEMI MEMORIAL TOOL SCHOLARSHIP FUND, FRIENDS SCHOLARSHIP, IRJA S. PRATT ENDOWED SCHOLARSHIP,MCCORMICK LEADERSHIP SCHOLARSHIP, NORTECH SCHOLARSHIP, AND TRUSTEE EMERITUS ROBERT ERICKSON PART-TIME STUDENT SCHOLARSHIP.

RAPID COMPLETION - A SYSTEM-WIDE INITIATIVE TO ENCOURAGE FORMER MINNESOTA STATE COLLEGES AND UNIVERSITITES STUDENTS TO RE-ENROLL AND COMPLETE THEIR TWO OR FOUR YEAR DEGREES.

PROGRAM DEVELOPMENT - THESE FOUNDATION FUNDS ARE USED TO ADVANCE THE GOALS OF THE MINNESOTA STATE COLLEGES AND UNIVERSITIES SYSTEM BY COVERING EXPENSES FOR SPECIAL INITIATIVES, SUCH AS THE MNSCU VETERANS PROGRAM, AWARD PURCHASES AND PRESENTATIONS, DINNERS AND ENTERTAINMENT FOR MNSCU BOARD OF TRUSTEES, PRESIDENTS, ADMINISTRATION AND VISITING DIGNITARIES, GIFTS FOR NATIONAL AND INTERNATIONAL VISITORS AND ASSOCIATED TRAVEL EXPENSES.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Joyce Y PetschSECRETARY7$12,626
Elsbeth HoweMEMBER1$0
Justin KlanderMEMBER1$0
C Scott ThissTREASURER2$0
Christine RiceVICE CHAIR1$0
Donald D SupallaCHAIR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201511059349301411_public.xml