North Hennepin Community College Foundation

Organization Overview

North Hennepin Community College Foundation is located in Brooklyn Park, MN. The organization was established in 1983. 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. North Hennepin Community 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, North Hennepin Community College Foundation generated $836.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $723.9k 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

THE MISSION OF THE NORTH HENNEPIN COMMUNITY COLLEGE FOUNDATION IS TO CREATE ACCESS TO QUALITY EDUCATIONAL OPPORTUNITIES BY ENERGIZING AND MOBILIZING COMMUNITY, COLLEGE, AND ALUMNI RESOURCES ON BEHALF OF NORTH HENNEPIN COMMUNITY COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AND EMERGENCY AID PAID FOR STUDENTS.


SUPPORT TO NORTH HENNEPIN COMMUNITY COLLEGE FOR COLLEGE PROGRAMS AND INITIATIVES.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph Wallace
Vice President
$0
Tom Smith
Treasurer
$0
Stacie Haugen
President
$0
Kelly Johnson
Secretary
$0
Dave Kiser
Past President
$0
Julie Zieminski
Ex-Officio
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$18,659
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$725,900
Noncash contributions included in lines 1a–1f $374,142
Total Revenue from Contributions, Gifts, Grants & Similar$744,559
Total Program Service Revenue$0
Investment income $85,404
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $2,134
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $836,236

Grants Awarded

Over the last fiscal year, North Hennepin Community College Foundation has awarded $239,881 in support to 2 organizations.

Grant RecipientAmount

NORTH HENNEPIN COMMUNITY COLLEGE

Org PageRecipient Profile

Brooklyn Park, MN

PURPOSE: Equipment, Art work, and Art Supplies

$223,130

NORTH HENNEPIN COMMUNITY COLLEGE

Org PageRecipient Profile

Brooklyn Park, MN

PURPOSE: Scholarship, Student Emergency Aid and Academic Program Support

$16,751
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that North Hennepin Community College Foundation has recieved totaling $262,595.

Awarding OrganizationAmount
North Hennepin Community College Foundation

Brooklyn Park, MN

PURPOSE: Equipment, Art work, and Art Supplies

$223,130
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$21,000
North Hennepin Community College Foundation

Brooklyn Park, MN

PURPOSE: Scholarship, Student Emergency Aid and Academic Program Support

$16,751
Michael & Susan Dell Foundation

Austin, TX

PURPOSE: SCHOLARSHIP FOR YURUB MUHUMED

$1,000
Walter C Rasmussen Foundation

Minneapolis, MN

PURPOSE: GENERAL SUPPORT

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$114
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,144,177
Earnings-$202,662
Net Contributions$214,784
Other Expense$106,271
Ending Balance$1,050,028

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