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ALBANY MUTUAL TELEPHONE FOUNDATION

ALBANY, MN 261561849

The Albany Mutual Telephone Foundation, based in Albany, MN, has assets of $3.4 million and funds projects in several Minnesota cities, with a volunteer leadership team.

Overview

About ALBANY MUTUAL TELEPHONE FOUNDATION

The Albany Mutual Telephone Foundation is a foundation based in Albany, Minnesota, with assets totaling $3,400,975. The foundation's expenses amount to $165,144, while its revenue is $172,053. It primarily funds projects in several cities within Minnesota, including Albany, Freeport, Little Falls, Melrose, and New Munich. The foundation does not specify any particular subject areas for its funding. The leadership team consists of Daniel Tomsche as President, Joseph Hennen as Vice President, and James Kastanek as Secretary/Treasurer, along with several directors. All members of the leadership team work on a voluntary basis, receiving no compensation for their roles.

Focus Areas

N/A

Geographic Focus

MN
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $3.4M
Total Awarded This Year $145K
Average Grant Size $18K
Total Grants (Previous Year) 2,620
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
ALBANY, MN US
Geographic Funding Distribution

Financials

Total Assets
$3,400,975

in 2024, compared to $3,394,066 in 2023

Annual Grants
$145,000

8 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$50,000CHURCH OF THE IMMACULATE CONCEPTIONADD GATHERING SPACE AND HANDICAP ACCESSIBLE ELEVATOR650 MAIN ST E NEW MUNICH, MN US2024
$40,000FREEPORT FIRE DEPARTMENTRESCUE VEHICLEPO BOX 151 FREEPORT, MN US2023
$35,000ALBANY GOLF COURSECLUBHOUSE HANDICAP ACCESSIBLE500 CHURCH AVENUE ALBANY, MN US2023
$33,350HOLY FAMILY SCHOOLUPDATES AND RENOVATIONS OF EXISTING BUILDING160 2ND STREET S ALBANY, MN US2023
$32,000ALBANY CHAMBER OF COMMERCEHERITAGE SOCIETY GENERAL OPERATING COSTS AND FLOATING PIER FOR ALBANY AREA JAYCEE'SPO BOX 634 ALBANY, MN US2024
$29,000ALBANY FIRE DEPARTMENTREPLACE FRONT LINE ENGINEPO BOX 1 ALBANY, MN US2022
$25,000FREEPORT COMMUNITY CENTERBUILDING REPAIRS307 7TH ST SE PO BOX 224 FREEPORT, MN US2022
$25,000MOTHER OF MERCY FOUNDATIONCPR TRAINING EQUIPMENT230 CHURCH AVENUE PO BOX 676 ALBANY, MN US2022
$25,000STEARNS COUNTY PIONEER CLUBTECHNICAL ASSISTANCE21565 360TH ST PO BOX 482 ALBANY, MN US2022
$20,000MOTHER OF MERCY FOUNDATIONRENOVATION TO FACILITY AND UPDATE TECHNOLOGY ITEMSPO BOX 676 ALBANY, MN US2024
31 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
DT
DANIEL TOMSCHE
PRESIDENT$02022
JH
JOSEPH HENNEN
VICE PRESIDENT$02022
JK
JAMES KASTANEK
SECRETARY/TREASURER$02022
JB
JAMES BEUNING
DIRECTOR$02022
JP
JOSEPH PETERNELL
DIRECTOR$02022
GW
GARY WINKELS
DIRECTOR$02022
SK
STEVEN KLAPHAKE
DIRECTOR$02022
DT
DANIEL TOMSCHE
PRESIDENT$02023
JH
JOSEPH HENNEN
VICE PRESIDENT$02023
JK
JAMES KASTANEK
SECRETARY/TREASURER$02023
21 row(s) total.

Rows per page

Page 1 of 3

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024