Anoka-Hennepin Technical College Foundation

Organization Overview

Anoka-Hennepin Technical College Foundation is located in Anoka, MN. The organization was established in 1987. 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. Anoka-Hennepin Technical College 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, Anoka-Hennepin Technical College Foundation generated $875.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $652.5k during the year ending 06/2022. 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

TO OBTAIN AND DISTRIBUTE COLLEGE RESOURCES TO SUPPORT THE STUDENTS, FACULTY, AND PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS:THE ANOKA TECHNICAL COLLEGE FOUNDATION FUNDED SCHOLARSHIPS AND CRISIS GRANTS THAT WERE SELECTED BY THE COLLEGE. FOR FISCAL YEAR ENDING JUNE 30, 2022, SCHOLARSHIPS TOTALING $130,270 WERE PROVIDED TO 124 STUDENTS RECIPIENTS. THE FOUNDATION ALSO EXPENDS UNRESTRICTED FOUNDATION FUNDS FOR THE COLLEGE PROGRAM AREAS. FOR FYE JUNE 30, 2022, $22,812 IN UNRESTRICTED FUNDS WERE PROVIDED TO ASSIST COLLEGE PROGRAM AREAS AT THE ANOKA TECHNICAL COLLEGE. THE ORGANIZATION ALSO PROVIDED SUPPORT FOR ANOKA TECHNICAL COLLEGE PROGRAMS BY FACILITATING $256,393 IN IN-KIND EQUIPMENT DONATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Tyler Eubank
Vice President
$0
Dan Thomsen
Treasuer
$0
Elizabeth Christensen
President
$0
Steve Swain
Secretary
$0
Jamie Barthel
Executive Director
$0
Jason Alders
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$34,575
Related organizations$196,945
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$613,861
Noncash contributions included in lines 1a–1f $256,393
Total Revenue from Contributions, Gifts, Grants & Similar$845,381
Total Program Service Revenue$0
Investment income $24,595
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $13,441
Net Income from Fundraising Events -$8,353
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $875,064

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Anoka-Hennepin Technical College Foundation has recieved totaling $25,000.

Awarding OrganizationAmount
Connexus Energy Foundation

Ramsey, MN

PURPOSE: MATCHING GIFT TO AUTOMOTIVE EV DEPARTMENT

$15,000
Connexus Energy Foundation

Ramsey, MN

PURPOSE: SCHOLARSHIPS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$130,662
Net Contributions$400
Grants$2,000
Ending Balance$129,062

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