Serving the Faribault Community
The purpose of the Faribault Foundation is to promote and enhance the quality of life for the greater Faribault community by:
Attracting charitable gifts and promoting community philanthropy;
Serving as a responsible fiscal host for the funds collected;
Being a leader by building nonprofit capacity in the community;
Serving as a community catalyst and convener to help identify and solve local issues;
Being a community resource, offering services to donors, nonprofits and others.
Our Core Areas of Emphasis
The Faribault Foundation has chosen the following core areas to emphasize in its collaborative work and fundraising efforts:
The Foundation seeks initiatives that will foster equal opportunity, open dialogue, mutual respect and cross-cultural collaboration in our community.
Youth & Families
The Foundation seeks to support programs that help youth and families grow, learn and become better citizens by targeting needs in areas such as: hunger, housing, poverty, education, recreation, art and culture, healthy lifestyles and civic engagement.
The Foundation seeks initiatives that look to the future by helping create better facilities, doing community capacity building and by supporting beautification and recreation projects.
The Faribault Foundation was founded in 1999 by the first Faribault's Future Leadership class as a non-profit 501(c)3 tax-exempt public charity that allows individuals, businesses and organizations to contribute to a community fund, establish permanent endowments and hold funds within the structure of a managed foundation. Funds are managed by a board of directors comprised of Faribault area residents. The Foundation provides fiscal agency for local projects and activities.