Nonprofit · EIN 51-0166951
MINNESOTA PRIVATE COLLEGE FUND
Tax-exempt · ST PAUL, MN 55101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,771,507 | $2,087,961 | -$316,454 | $2,083,910 | $163,977 | $1,919,933 |
| June 30, 2024 | 990 | $1,909,121 | $2,217,233 | -$308,112 | $2,444,110 | $207,723 | $2,236,387 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,428,377
- Program service revenue
- $339,577
- Investment income
- $332
- Other revenue
- $3,221
Expenses
- Grants and similar amounts paid
- $918,864
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $6,900
- Legal fees
- $7,049
- Accounting fees
- $11,134
- Occupancy
- $9,647
- Travel
- $88,782
- Program services (functional)
- $1,603,273
- Management and general (functional)
- $57,858
- Fundraising (functional)
- $426,830
Balance sheet and other
- Total assets, start of year
- $2,444,110
- Total assets, end of year
- $2,083,910
- Total liabilities, end of year
- $163,977
- Net assets, end of year
- $1,919,933
- Net assets without donor restrictions
- $568,341
- Net assets with donor restrictions
- $1,351,592
- Gross receipts
- $1,771,507
- Employees
- 0
- Volunteers
- 33
- Year formed
- 1975
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAUL D CERKVENIK | PRESIDENT AND CEO Trustee or director, Officer | 3 | $0 | $395,628 | $105,089 |
| ERIN OMBERG | CFO Officer | 1 | $0 | $81,571 | $5,322 |
| STACEY HOLLAND | CFO Officer | 1 | $0 | $37,931 | $6,689 |
| BARBARA MCDONALD | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TOM MORIN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GENE PFEIFER | TREASURER & SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
| ROSS ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SARINA BAKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ALISON BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN BURESS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REV JAMES P BURNS IVD PHD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ALISON BYERLY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER DOLAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GWENDOLYN FREED | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN FRIEDRICH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
23 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AJAY GUPTA | DIRECTOR Trustee or director | 1 | $0 |
| NATALIA HERNANDEZ | DIRECTOR Trustee or director | 1 | $0 |
| COLINE IRVINE | DIRECTOR Trustee or director | 1 | $0 |
| ETHAN KELLER | DIRECTOR Trustee or director | 1 | $0 |
| ANTHONY KELLEY | DIRECTOR Trustee or director | 1 | $0 |
| REBECCA KOENIG ROLOFF | DIRECTOR Trustee or director | 1 | $0 |
| DAN LORITZ | DIRECTOR Trustee or director | 1 | $0 |
| KATHLEEN MURRAY | DIRECTOR Trustee or director | 1 | $0 |
| GREGG PETERSON | DIRECTOR Trustee or director | 1 | $0 |
| PATRICIA PRATT-COOK | DIRECTOR Trustee or director | 1 | $0 |
| PAUL PRIBBENOW | DIRECTOR Trustee or director | 1 | $0 |
| SUZANNE RIVERA | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN RUNDELL SINGER | DIRECTOR Trustee or director | 1 | $0 |
| ROB VISCHER | DIRECTOR Trustee or director | 1 | $0 |
| NANCY WALLACE | DIRECTOR Trustee or director | 1 | $0 |
| PAUL ANDERSON | DIRECTOR Trustee or director | 1 | $0 |
| REBECCA BERGMAN | DIRECTOR Trustee or director | 1 | $0 |
| MATT ENTENZA | DIRECTOR Trustee or director | 1 | $0 |
| MARCHETA EVANS | DIRECTOR Trustee or director | 1 | $0 |
| MAYME HOSTETTER | DIRECTOR Trustee or director | 1 | $0 |
| DE'MON WIGGINS | DIRECTOR Trustee or director | 1 | $0 |
| JACOB WOLKOWITZ | DIRECTOR Trustee or director | 1 | $0 |
| SANJIT SETHI | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 35 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAUL D CERKVENIK | PRESIDENT AND CEO Officer | 52 | $0 | $407,289 | $76,359 |
| ERIN OMBERG | FINANCE AND OPERATIONS AND CFO Officer | 40 | $0 | $16,923 | $0 |
| BARBARA MCDONALD | CHAIR Trustee or director, Officer | 3 | $0 | $0 | $0 |
| TIM MORIN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GENE PFEIFER | TREASURER & SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROSS ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAUL ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SARINA BAKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REBECCA BERGMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ALISON BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN BRUESS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REV JAMES P BURNS IVD PHD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ALISON BYERLY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KATHLEEN COONEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER DOLAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUSAN EICH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MATT ENTENZA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MELISSA FRANZEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN FRIEDRICH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| AJAY GUPTA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| COLIN IRVINE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANTHONY KELLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAN LORITZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FAYNEESE MILLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GREGG PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PATRICIA PRATT COOK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAUL PRIBBENOW | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUZANNE RIVERA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REBECCA KOENIG ROLOFF | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUSAN RUNDELL SINGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SANJIT SETHI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NICHOLAS VAN DEELEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROB VISCHER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NANCY WALLACE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DE'MON WIGGINS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- BREMER TOWER 445 MINNESOTA ST 500, ST PAUL, MN 55101-0000
- In care of
- % GALTIER PLAZA
- Principal officer (990 for 2024)
- PAUL D CERKVENIK, BREMER TOWER 445 MINNESOTA ST 500, ST PAUL, MN 55101
- Signed the 990
- PAUL D CERKVENIK, PRESIDENT & CEO
- Phone
- (651) 228-9061
- Website
- WWW.MNPRIVATECOLLEGES.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE MINNESOTA PRIVATE COLLEGE FUND SERVES THE SHARED NEEDS OF ITS MEMBERS BY SEEKING PHILANTHROPIC SUPPORT FROM CORPORATIONS, FOUNDATIONS, AND OTHERS FOR THE BENEFIT OF ITS MEMBER COLLEGES AND UNIVERSITIES AND THE STUDENTS THEY EDUCATE.
Program accomplishments
- DISTRIBUTION OF FINANCIAL SUPPORT FOR THE 17 MEMBER PRIVATE COLLEGES, THEIR STUDENTS, AND FUND-OPERATED SCHOLARSHIP PROGRAMS THAT SUPPORT STUDENTS AT MEMBER PRIVATE COLLEGES. EVERY DOLLAR CONTRIBUTED TO THE FUND IS DISTRIBUTED AS FINANCIAL SUPPORT FOR THE 17 MEMBER PRIVATE COLLEGES, NEED-BASED SCHOLARSHIPS AT MEMBER COLLEGES, AND FINANCIAL SUPPORT FOR FUND-OPERATED SPECIAL SCHOLARSHIP PROGRAMS THAT SUPPORT STUDENTS AT MEMBER COLLEGES. EACH MEMBER INSTITUTION PAYS ANNUAL DUES TO MPCF, WHICH COVER ALL THE FUND'S GENERAL OVERHEAD, FUNDRAISING, AND ADMINISTRATIVE EXPENSES.Expenses $918,864 · grants $918,864 · revenue $339,577
- THE INNOVATION SCHOLARS PROGRAM IS A COLLABORATIVE PROGRAM OFFERING SELECTED MULTI-DISCIPLINARY TEAMS OF STUDENTS THE OPPORTUNITY TO RESEARCH PROJECTS WITH START-UP AND EARLY-STAGE MEDICAL COMPANIES AND THE MAYO CLINIC. INNOVATION SCHOLARS PROGRAMMING EXPOSES STUDENTS TO THE AMBIGUITIES OF "REAL WORLD" INNOVATION AND ENTREPRENEURSHIP, THE ROLE OF TEAMWORK, CROSS-DISCIPLINARY COLLABORATION, IN-DEPTH RESEARCH, ANALYSIS, AND CREATIVITY. TWELVE INSTITUTIONS AND 55 STUDENTS PARTICIPATED IN FISCAL 2025.Expenses $202,799
- TRAILBLAZERS OFFERS A UNIQUE TWO-YEAR LEADERSHIP PROGRAM FOR STUDENTS AT OUR MEMBER COLLEGES. THE PROGRAM COMBINES A TWO-YEAR SCHOLARSHIP WITH COMPREHENSIVE ACADEMIC AND PROFESSIONAL ADVISING, INDIVIDUALIZED MENTORING, LEADERSHIP DEVELOPMENT, FINANCIAL LITERACY PROGRAMMING, EXPERIENTIAL LEARNING, NETWORKING OPPORTUNITIES WITH BUSINESS AND NONPROFIT PROFESSIONALS, AND CAREER PREPARATION.Expenses $481,610
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0166951
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1975
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B124)
- Assets (IRS master file)
- $2,083,910
- Income (IRS master file)
- $1,771,507
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,771,507 | $2,087,961 | $2,083,910 | IRS |
| 990 | June 2024 | $1,909,121 | $2,217,233 | $2,444,110 | XML |
| 990 | June 2023 | $1,966,152 | $1,992,508 | $2,945,928 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0166951).
Questions about MINNESOTA PRIVATE COLLEGE FUND
- What is the EIN of MINNESOTA PRIVATE COLLEGE FUND?
- The employer identification number (EIN) of MINNESOTA PRIVATE COLLEGE FUND is 51-0166951.
- Is MINNESOTA PRIVATE COLLEGE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to MINNESOTA PRIVATE COLLEGE FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MINNESOTA PRIVATE COLLEGE FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MINNESOTA PRIVATE COLLEGE FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MINNESOTA PRIVATE COLLEGE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MINNESOTA PRIVATE COLLEGE FUND?
- The 990 for the year ended June 30, 2025 names PAUL D CERKVENIK.
- Who are the officers and directors of MINNESOTA PRIVATE COLLEGE FUND?
- The 990 for the year ended June 30, 2025 lists 38 people; 0 received compensation from the organization.
- How much revenue does MINNESOTA PRIVATE COLLEGE FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,771,507, expenses of $2,087,961 and total assets of $2,083,910 at year end.
Other nonprofits in ST PAUL
- UNIVERSITY OF ST THOMAS EIN 41-0693970 · last filed 990 for 2025
- BUSH FOUNDATION EIN 41-6017815 · last filed 990-PF for 2024
- NEW CENTURY SCHOOL EIN 47-2142901 · last filed 990 for 2025
- HIGH SCHOOL FOR RECORDING ARTS EIN 41-1915563 · last filed 990 for 2025
- SUNNY HOLLOW MONTESSORI EIN 41-1408529 · last filed 990 for 2025
- FRIENDS OF COLLEGEBOUND SAINT PAUL EIN 33-3705839 · last filed 990 for 2025
- METROPOLITAN STATE UNIVERSITY FOUNDATION EIN 23-7296162 · last filed 990 for 2025
- MARY T AND JAMES J HILL LIBRARY FOUNDATION EIN 41-0693988 · last filed 990-PF for 2024