Rochester Area Foundation is a community foundation based in Rochester, MN that was founded in 1944. As of 2019 they had $5.4 million in revenue and $33 million in assets.
To strengthen community philanthropy by promoting responsible and informed giving and to assist donors in meeting their charitable objectives.
Rochester area foundation (raf) currently serves emerging charitable projects with fiscal sponsorship arrangements as they develop innovative responses to unmet community needs. Fiscally sponsored projects can accept tax-deductible donations from individuals and grantmakers while focusing on program work and fundraising.raf provides financial infrastructure, regulatory oversight, and grants and donor management. Shared administrative costs across multiple projects and discounts on training lead to overall cost savings and experienced rochester area foundation staff are available for advice and encouragement. Grants were provided to support early care and education of children ages 0-5; gang intervention planning, minority teacher recruitment, financial literacy counseling, and starter homes for working families.
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 2018-12 | Jan 14, 2020 | 990 | View PDF |
| 2017-12 | Oct 16, 2018 | 990 | View PDF |
| 2016-12 | Oct 24, 2017 | 990 | View PDF |
| 2015-12 | Oct 20, 2016 | 990 | View PDF |
| 2014-12 | Oct 6, 2015 | 990 | View PDF |
| ...and four more Form 990 PDFs | |||
| Field | 2018 |
|---|---|
| Total grants, contributions, etc. | $4,909,971 |
| Program services | $26,892 |
| Investment income and dividends | $494,646 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $0 |
| Net rental income | $-23,116 |
| Net gain from sale of non-inventory assets | $50,581 |
| Net income from fundraising events | $28,312 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $0 |
| Total revenues | $5,487,286 |
| Vendor | Services | Amount paid | Date |
|---|---|---|---|
| Foundant Technologies | Software | 2020-06-16 | |
| ██████ | Fundraising software | 2020-06-16 | |
| ███████ ███ ████ | Fundraising software; Payment processing | 2020-06-16 | |
| █████████ | Content management system software | 2020-06-16 | |
| █████████ ████████ | Software | 2020-03-17 | |
| ███ ██ ███ | Tax accounting | 2018-10-05 |
| Name | Title | Compensation | Most recent data |
|---|---|---|---|
| Jennifer Woodford | President / Executive Director | $64,414 | July 16, 2020 |
| Karel Weigel | Interim Executive Director | $57,769 | July 16, 2020 |
| ██████ ████ | Jeremy Emmi Community Impact Officer and Interim Coalition for Rochester Area Housing Director | - | July 16, 2020 |
| ██████ ██████ | Administrative Services Manager | - | July 16, 2020 |
| ██████ ████ | First Homes Program Manager | - | July 16, 2020 |
| ██████ █████ | Secretary | $0 | July 16, 2020 |
| ████ ███████ | Treasurer | $0 | July 16, 2020 |
| ████ ███ | Chair | $0 | July 16, 2020 |
| ███ ███████ | First Vice Chair | $0 | July 16, 2020 |
| █████ ███████ | Chair | $0 | Dec. 31, 2016 |
| ...and six more key personnel | |||