Educare Foundation Inc

Organization Overview

Educare Foundation Inc is located in Mankato, MN. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educare Foundation Inc 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 06/2021, Educare Foundation Inc generated $119.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $78.1k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL SUPPORT TO MANKATO AREA PUBLIC SCHOOLS BEYOND THE NORMAL OPERATING BUDGET.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SUPPORT TO MINNESOTA SCHOOL DISTRICT 77 SCHOOLS IN CORE SUBJECT TUTORING, TECHNOLOGY AIDED LEARNING, WORLD LANGUAGE COMPETENCY AND HIGH EXPECTATION LEARNING THROUGH THE USE OF GRANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Jessica Hatanpa
Chair
$0
Gretchen Rehm
Secretary
$0
Jamison Peterson
Treasurer
$0
Amy Boles
Director
$0
Sherri Blasing
Director
$0
Jeffrey Grace
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$76,304
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$76,304
Total Program Service Revenue$0
Investment income $43,290
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 $119,594

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Educare Foundation Inc has recieved totaling $38,545.

Awarding OrganizationAmount
Mankato Clinic Foundation Inc

Mankato, MN

PURPOSE: Educare is a non-profit, public entity which provides financial support to Mankato Area Public Schools, beyond the normal operating budgets, for programs and activities that enhance educational opportunities for all students. Through this funding, we enable teachers to explore new ways to expand a world of learning for their students.

$25,000
Mankato Area Foundation

Mankato, MN

PURPOSE: Program assistance.

$13,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$45
View Grant Recipient Profile

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