School District 877 Education And Scholarship Foundation

Organization Overview

School District 877 Education And Scholarship Foundation is located in Buffalo, MN. The organization was established in 1987. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. School District 877 Education And Scholarship 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 12/2022, School District 877 Education And Scholarship Foundation generated $120.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $106.7k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 8 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

OBTAIN DONATIONS FOR SCHOLARSHIPS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION GAVE SCHOLARSHIPS TO 86 BUFFALO HIGH SCHOOL STUDENTS TO HELP DEFRAY THEIR HIGHER EDUCATION COSTS.


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Board, Officers & Key Employees

Name (title)Compensation
Ted Zrust
Vice President
$0
Michael Walsh
President And Board Chair
$0
Brad Elo
Director
$0
Luke Schmidt
Director
$0
Marilee Kramer
Treasurer
$0
Kelly Hiestand
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$11,263
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$74,640
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$85,903
Total Program Service Revenue$0
Investment income $34,255
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $120,158

Peer Organizations

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