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News from the Faribault Foundation


Introducing -- Our Second 2026 Distinguished Alumni Award Recipient!
Dr. Willam B. Orr follows in the footsteps of his celebrated parents Dr. Burton A. Orr, Faribault family practitioner and mother, Rita Ann Orr, aviation pioneer and first woman president of the Faribault Area Pilots Association. Difficult as it may have been to match their achievements, Dr. Orr succeeded by completing advanced degrees, establishing his own private practice and clinics, and becoming one of Minnesota’s foremost experts in Alzheimer’s disease treatment and care.
Faribault Foundation
Apr 3


Faribault Foundation
Mar 31


Introducing -- Our First 2026 Distinguished Alumni Award Recipient!
Stephen is a graduate of FHS and Gustavus Adolphus College, 2012, with a degree in ACS Chemistry. He received his Doctorate in Analytical Chemistry from the University of Pittsburgh in 2017. He began his professional career when he joined Eli Lilly as a post-doctoral scientist. As a post-doc working in Synthetic Molecule Design and Development (SMDD), he focused on advancing automated small molecule drug product extraction techniques. In 2018, he transitioned to a research sc
Faribault Foundation
Mar 31


Philanthropy in Retirement: Using the Qualified Charitable Distribution to manage your tax burden and do good for Faribault.
It seems there’s always something more to learn once you get to a certain age, and managing income and taxes in retirement is no exception. It can come as a shock to learn that the money you’ve accrued in retirement funds isn’t yours to spend until you withdraw it as income. At that point, the IRS will claim a portion, using standard tax tables. The more you withdraw, the higher your tax rate and, potentially, the higher your Medicare fees. But there is one way to put some
Sarah Beckmann - Faribault Foundation Board Member
Mar 17


A Life of Impact. A Legacy That Lives On.
In the summer of 2025, Diane Hunt contacted the Faribault Foundation with clarity and resolve. She had learned her time in this life was limited. True to who she was, she chose not to dwell in fear, but to organize her affairs with intention and purpose. Working alongside her trusted attorney, financial advisor, and accountant, Diane chose the Foundation to steward her legacy — not just for a season, but for all time. Diane was born on May 17, 1958, in Faribault, Minnesota, t
Faribault Foundation
Mar 2


2026 Distinguished Alumni Award Ceremony
We are so proud to have the Faribault High School Distinguished Alumni Group as part of the Faribault Foundation! The 2026 award ceremony is almost here, be sure to buy your tickets and come support these wonderful and distinguished Faribault High School Alumni!
Faribault Foundation
Feb 26


Charity Begins at Home: Putting the Universal Charitable Deduction to Work for You and Your Community
Abraham Lincoln said, “when I do good, I feel good”. That good feeling you get when you donate to a charitable organization is its own reward. Even better, and new for 2026, the IRS now offers philanthropic donors a new way to save on their taxes with the Universal Charitable Deduction (UCD). In the past, taxpayers who didn’t itemize deductions did not receive a tax benefit from their contributions. But now, the UCD allows you to deduct up to $1,000 per person or $2,000 per
Sarah Beckmann - Faribault Foundation Board Member
Feb 24


Paul & Jean Mooty Join Founders Society
The Founders Society was established in 2023 to recognize the outstanding lifetime contributions of Faribault’s most generous philanthropists, whose commitments have significantly influenced the Faribault Foundation’s mission to enhance the quality of life for all residents. This esteemed group now includes 44 members and families. Members of the Founders Society have made thoughtful donations that support the Foundation’s mission to cultivate and expand financial resource
Faribault Foundation
Feb 12


Celebrating the Success of the Falcon's Matching Challenge Achievement!
We are pleased to announce that thanks to your incredible generosity, the $20,000 matching challenge for the Faribault Falcons Activities Fund has been fully met! The Faribault Booster Club and the Faribault Wrestling Association will send more than $40,799 in donations to this new endowment. From the bottom of our hearts: thank you. This is what a strong, committed Falcons community looks like! While the match has been met, donations are always welcome and will continue to
Faribault Foundation
Feb 5


Happy New Year
Happy New Year’s wishes from the Faribault Foundation! If you are reading this in the third week of January, pause for a moment and ask yourself: How am I doing on my resolutions? Are you still on track three weeks in? Are you already feeling resolution exhaustion? Or maybe you didn’t resolve to make any changes for 2026 at all—and that’s okay too. I didn’t have an ambitious plan to change my lifestyle or start a new routine this year. Instead, I resolved to organize and incr
Laura Bock - Executive Director
Jan 21


Ruth's House Endowment make three new endowments for the Faribault Foundation
The Faribault Foundation is pleased to announce the establishment of an endowment fund for the much-loved local nonprofit, Ruth’s House. The foundation provided a matching grant to Ruth’s House to encourage the development of the endowment fund. Suzzanne Fox, Executive Director of Ruth’s House said, “ We’re incredibly grateful to the Faribault Foundation for their many years of support and for the opportunity to establish our endowment. The Ruth's House endowment fund will
Faribault Foundation
Jan 2


Faribault Foundation Achieves National Accreditation
The Faribault Foundation is proud to announce that we have achieved National Accreditation by the National Council on Foundations Community Foundation National standards review board. Laura Bock, Faribault Foundation Executive Director said, “ National accreditation gives donors confidence that their philanthropy is in good hands. It reflects our commitment to responsible stewardship, so charitable dollars can make the greatest possible impact in the Faribault community.”
kymnanderson
Dec 23, 2025
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