Your Community Foundation
Our eye is on high-impact, sustainable philanthropy….helping people who love Faribault make meaningful gifts to the causes they love -- today and tomorrow. Contact us for a confidential conversation about types of fund, and customized solutions and opportunities for donors to leave a legacy.
We invite you to become part of this exciting vision for the future.
Join the Hand Up Campaign and become part of the Founders Society to be recognized in perpetuity
Support your passion through a fund within the Faribault Foundation
Leave a legacy with a bequest from your estate
Our donor centric approach assures your philanthropic goals are our top priority.
Our Mission
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.
Faribault Foundation was founded in 1999 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 large foundation. These funds are managed by a board of directors comprised of Faribault area residents.
Our Purpose
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 catalyst and convener to help identify and solve local issues
· Being a community resource, offering services to donors, nonprofits, and others
The Hand Up Campaign
The Faribault Foundation has embarked on a transformation of the community foundation. Policies and procedures have been vetted and approved for operating as a dynamic resource for community philanthropy. This builds on our long history of raising funds and helping organizations with small grants.
The Hand Up Campaign is seeking support from key investors to encourage philanthropy focused on improving quality of life in Faribault in perpetuity. The Hand Up Campaign will allow us to sustain professional systems in both human and technology resources to fulfill our mission.
We are conducting a quiet campaign effort to raise $2.5 million pledged over 5 years, that will allow the Faribault Foundation the working capacity to secure the future of the Foundation and begin building named Founders Funds. Half of the funds raised will be used for operating and the other to be endowed in a discretionary fund for the greatest need, and future grant making from the foundation. The long-term goal is to gather resources of at least $10 million in endowed component funds.
Our Board of Directors
President: Chad Koepke
Vice President: Chris Shaffer-Brown
Treasurer: Todd Markman
Secretary: Dr. Mike Richie
Director: Patricia Gustafson
Director: Jeff Jandro
Director: Open
Executive Director: Laura Bock
