About Faribault Foundation

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 other organizations to establish permanent endowments and temporary funds within the structure of a single foundation. These funds are managed by a  board of directors comprised of Faribault area residents.

 

Mission Statement

The Mission of the Faribault Foundation, Inc. is to develop, manage, and administer financial resources to promote and enhance the quality of life

for the greater Faribault community.


About The Foundation

The Faribault Foundation is a collection of individual funds and resources given by individuals and organizations to support the quality of life in the greater Faribault community. The Foundation’s funds are used to provide grants to non-profit organizations and other community groups. The Foundation serves the City of Faribault and the immediate surrounding area. The Faribault Foundation holds, invests, and manages resources for individual, family, business, and other non-profit organization donors.  We offer support to new ideas and organizations by providing fiscal agency to local groups.  This allows them to work on their project with confidence that their funds are being kept safe for their work. 

 

What can you do to help?

 

What can one person do to help the Faribault Foundation? Plenty! There are several ways you can help make the Foundation’s Mission a reality:

  • Become a Board Member

  • Join the 365 Group

  • Fund Community Pride Grants for a year or more

  • Become an annual contributor

  • Leave a Legacy Gift

  • Bring ideas to the board for enhancing the quality of life in Faribault

  • Take Part in Community Discussions and Brainstorming
     

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What is a community foundation?

A community foundation, such as Faribault Foundation, is a nonprofit organization that exists to develop and manage funds for the betterment of the community.  The organization makes grants to local people and organizations.  It also provides people with a means to contribute to the quality of life in the community.

About 450 community foundations exist in the United States.

They are like pools of funds invested for the FUTURES of their communities.

Community Foundations are called that because they focus on BENEFITING the LOCAL Communities they serve

 

Who are the Donors?

Donors who set up funds may be famous or obsecure.

They can be individuals, families and corporations or even casual groups of friends with a common charitable vision.

 

 

Why use Faribault Foundation?

Community foundations like Faribault Foundation respond quickly and specifically to need that develop on the local level.  They endow community priorities for decades into the future.

 

 

​© 2020 by Faribault Foundation