Faribault Foundation Inc.

Fiscal year ending 2024. Filed on June 25, 2025.

530 Wilson Avenue
Faribault, Minnesota 55021

Faribault Foundation Inc. (EIN: 41-1931735) has filed an IRS Form 990 since fiscal year 2023. In its fiscal year 2024 IRS Form 990 filing, Faribault Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 2 total employees. Among the employees shown here, the average compensation is $85,790. The highest compensated employee at Faribault Foundation Inc. is Laura Bock with fiscal year 2024 compensation of $85,790.

Revenue, expenses, and employee compensation

Revenue

$2,455,904

Expenses

$381,312

Employee compensation

$118,079
Revenue, expenses, and employee compensation over time

Mission Statement

THE FARIBAULT FOUNDATION IS ON A MISSION TO IMPOVE THE QUAILITY OF LIFE IN FARIBAULT THROUGH THE GENEROSITY OF DONORS. TO ACCOMPLISH THIS MISSION WE ARE GROWING OUR COMMUNITY FOUNDATION, AND GRANTS WILL BE FOCUSED IN THE FARIBAULT COMMUNITY. MAKING AN IMPACT FOR OUR NON PROFITS AND ENHACING OUR COMMUNITIES PROGRAMS. CURRENTLY OUR MOST SIGNIFICANT ACTIVITY IS TRYING TO GROW OUR ASSETS UNDER MANAGEMENT AND EDUCATE THE COMMUNITY ON WHAT A FOUNDATION DOES AND HOW IT CAN HELP THE ENTIRE COMMUNITY.

Revisions to this organization profile

June 25, 2025:
2024 Faribault Foundation Inc. 990 filed
October 14, 2024:
2023 Faribault Foundation Inc. 990 filed

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