District 742 Local Education & Activities Foundation

Organization Overview

District 742 Local Education & Activities Foundation is located in St Cloud, MN. The organization was established in 1995. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. District 742 Local Education & Activities 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 12/2021, District 742 Local Education & Activities Foundation generated $356.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $344.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, District 742 Local Education & Activities Foundation has awarded 21 individual grants totaling $1,054,938. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROCUREMENT OF FUNDING FOR ACADEMIC AND STUDENT ACTIVITIES PROGRAMMING FOR ST. CLOUD AREA PUBLIC SCHOOLS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE DISTRICT 742 LOCAL EDUCATION AND ACTIVITIES FOUNDATION (LEAF) IS A CITIZENS ORGANIZATION WHOSE PURPOSE IS TO SECURE AND CHANNEL PRIVATE FUNDS TO SUPPORT AND ENHANCE THE EDUCATIONAL PROCESS. THE FOUNDATION SHALL SERVE TO PROMOTE THE VALUE OF A COMPREHENSIVE EDUCATIONAL PROGRAM AND TO INCREASE PUBLIC CONFIDENCE AND INVOLVEMENT IN THE PUBLIC SCHOOL SYSTEM. IT SHALL BUILD LINKS AMONG THE PUBLIC SCHOOL SYSTEM, BUSINESS AND INDUSTRY, GOVERNMENT, CIVIC ORGANIZATIONS AND THE PUBLIC. LEAF SUPPORTS DISTRICT 742 ACADEMIC, ACTIVITIES, ARTS AND ATHLETIC PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Bruce Hentges
Executive Director
$29,714
Bruce Mohs
President
$0
Peggy Carlson
Vice President
$0
Tim Beck
Treasurer
$0
Pat Krueger
Secretary
$0
Sara Martini
Secretary (thru Feb)
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$52,434
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$166,009
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$218,443
Total Program Service Revenue$0
Investment income $52,204
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $77,083
Net Income from Fundraising Events $8,845
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $356,575

Grants Awarded

Over the last fiscal year, District 742 Local Education & Activities Foundation has awarded $276,320 in support to 6 organizations.

Grant RecipientAmount

OTHER DISTRICT 742 SCHOOLS

PURPOSE: TO SUPPORT ACADEMICS, ACTIVITIES, ARTS AND ATHLETIC PROGRAMS.

$120,862

OTHER DISTRICT 742 SCHOOLS

PURPOSE: TO SUPPORT ACADEMICS, ACTIVITIES, ARTS AND ATHLETIC PROGRAMS.

$120,862

TECHNICAL HIGH SCHOOL

PURPOSE: TO SUPPORT ACADEMICS, ACTIVITIES, ARTS AND ATHLETIC PROGRAMS.

$11,401

TECHNICAL HIGH SCHOOL

PURPOSE: TO SUPPORT ACADEMICS, ACTIVITIES, ARTS AND ATHLETIC PROGRAMS.

$11,401

APOLLO HIGH SCHOOL

PURPOSE: TO SUPPORT ACADEMICS, ACTIVITIES, ARTS AND ATHLETIC PROGRAMS.

$5,897

APOLLO HIGH SCHOOL

PURPOSE: TO SUPPORT ACADEMICS, ACTIVITIES, ARTS AND ATHLETIC PROGRAMS.

$5,897
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that District 742 Local Education & Activities Foundation has recieved totaling $167,011.

Awarding OrganizationAmount
Communitygiving

St Cloud, MN

PURPOSE: GEN/OPER SUPPORT

$150,886
St Cloud Rotary Foundation Inc

St Cloud, MN

PURPOSE: $10,000 FOR STUDENT SCHOLARSHIPS.

$10,000
Optimist International

St Cloud, MN

PURPOSE: HOMELESS STUDENT PROGRAM, GENERAL SUPPORT

$6,125
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,971,114
Earnings$269,489
Net Contributions$18,427
Grants$99,154
Ending Balance$2,159,876

Peer Organizations

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