Winona State University Foundation

Organization Overview

Winona State University Foundation is located in Winona, MN. The organization was established in 1971. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winona State University Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Winona State University Foundation generated $6.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $3.5m during the year ending 06/2022. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ENCOURAGE BEQUESTS AND DONATIONSFOR THE BENEFIT OF THE EDUCATION PROGRAMS OF WINONA STATE UNIVERSITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS TO APPROXIMATELY 750 WINONA STATE UNIVERSITY STUDENTS.


STUDENT HOUSING ACTIVITIES, THE FOUNDATION OPERATES STUDENT HOUSING COMPRISING 100 UNITS AND MORE THAN 370 STUDENTS.


GRANTS AND EXPENDITURES SUPPORTING WINONA STATE UNIVERSITY PROGRAMS AND ACTIVITIES. THE FOUNDATION GRANTS SUPPORT OVER 120 INDIVIDUAL PROGRAMS AT WINONA STATE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Wynn
President
$0
Diane Amundson
Chair Elect
$0
Bob Strauss
Immediate Past Chair
$0
Jim Meyer
Secretary
$0
John Mcshea
Treasurer
$0
Jon Olson
Executive Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,712,383
Noncash contributions included in lines 1a–1f $219,379
Total Revenue from Contributions, Gifts, Grants & Similar$2,712,383
Total Program Service Revenue$776,533
Investment income $1,145,923
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,003,692
Net Income from Fundraising Events $250,084
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,888,615

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Winona State University Foundation has recieved totaling $97,025.

Awarding OrganizationAmount
Bentson Foundation

Wayzata, MN

PURPOSE: GENERAL

$40,000
Annexstad Family Foundation

Mound, MN

PURPOSE: SCHOLARSHIP

$30,000
Tua Janet B Northup Charitable

Dallas, TX

PURPOSE: RICHARD D & JANET E NORTHUP

$12,050
Rahr Foundation

Shakopee, MN

PURPOSE: SCHOLARSHIP

$7,500
Advent Angels In My Hair Inc

Monticello, MN

PURPOSE: EDUCATION

$7,475
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$60,117,645
Earnings-$7,600,391
Net Contributions$1,550,382
Other Expense$5,908
Grants$1,795,739
Ending Balance$52,265,989

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