St Cloud Technical and Community College Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO SUPPORT ALL PEOPLE, PROGRAMS, AND INFRASTRUCTURES THAT ARE STRATEGIC PRIORITIES OF THE COLLEGE BY SECURING THE NECESSARY COMMUNITY AND FINANCIAL RESOURCES.
- Income
- $1.1 million
- Spending
- $696,066
- Spent on programs
- 85%
- Reserves
- 21.5 months of spending
- Largest source of income
- donations and private grants, 83%
- Employees
- 0
- Volunteers
- 80
- Highest pay
- $184,775, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 81% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 21.5 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 35% of income.
Income trend
5 of 15Income fell 18% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 69% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $594,433 spent. THE ST CLOUD TECHNICAL AND COMMUNITY COLLEGE FOUNDATION (THE FOUNDATION) EXISTS TO SUPPORT THE ST CLOUD TECHNICAL AND COMMUNITY COLLEGE (THE COLLEGE) BY SUPPORTING STUDENTS AND PROGRAMS. THE FOUNDATION SUPPORTS THE COLLEGE THROUGH CAPITAL, TECHNOLOGY, AND EQUIPMENT NEEDS FOR VARIOUS PROGRAMS. THE FOUNDATION AWARDS STUDENT SCHOLARSHIPS. THE FOUNDATION AWARDED 199 SCHOLARSHIPS AND GRANTS TO STUDENTS IN THE LAST FISCAL YEAR. WORKFORCE DEVELOPMENT SCHOLARSHIPS - THE FOUNDATION BOARD RAISED AND SECURED $15,000 THIS PAST YEAR WHICH WAS A MATCH FOR THE WORKFORCE DEVELOPMENT PROGRAM. MINNESOTA LEGISLATURE CREATED THE "WORKFORCE DEVELOPMENT SCHOLARSHIP" PROGRAM AND ALLOCATED FUNDS TO MNSTATE COLLEGES. COLLEGE FOUNDATIONS ARE REQUIRED TO RAISE 10% MATCHING FUNDS FOR SCHOLARSHIPS FOR HIGH DEMAND OCCUPATIONAL PROGRAMS SET BY THE STATE OF MINNESOTA. THE ELIGIBLE PROGRAMS/GROUPS ARE ADVANCED MANUFACTURING, EARLY CHILDHOOD EDUCATION, HEALTH CARE SERVICES, INFORMATION TECHNOLOGY, AND TRANSPORTATION PROGRAMS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1995.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.