Generosity. For Good.
The Mankato Area Foundation provides a medium for people to make a difference by offering annual, lifetime and planned giving opportunities. After 40 years, the Mankato Area Foundation continues to help individuals and organizations achieve their charitable goals by offering a variety of giving strategies and funds.
As donors, you have the opportunity to shape your donation by choosing from flexible funding vehicles such as designated, unrestricted or donor advised funds. The Mankato Area Foundation currently manages funds that can provide donors with the benefits similar to a private foundation without the burden of start-up/management and brings to life their passions and charitable dreams.
BENEFITS OF A COMMUNITY FOUNDATION
Making your charitable contributions through the Mankato Area Foundation offers many advantages.
Simplicity
As a community foundation, we can serve as your “one-stop shop” for all of your charitable giving needs. We provide an easy and effective way to support the projects and issues you care about through a gift to a single organization.
Tax Benefits
Any gifts given to the Mankato Area Foundation receive the maximum tax advantages for income, gift and estate tax purposes.
Flexibility
As a community foundation, we can receive many kinds of gifts, including unique assets such as gifts of grain, land and stock. At the Mankato Area Foundation, we can help you and your financial advisor develop a personalized gift plan to meet your financial needs and all of your charitable intentions, now and in the future.
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PLANNED GIVING
Giving Looks Good on Us
You can easily establish a charitable fund (or add to an existing fund) at the Mankato Area Foundation that speaks to your philanthropic intentions. A bequest can be for a specific dollar amount, a percentage of your estate or residue of the estate. MAF would be happy to provide you and your attorney with suggested language to include in your will or trust.
TELLING OUR STORY
A DONOR ADVISED FUND
Time-honored Connections
For the Richards family, the words “home” and “Mankato” are interchangeable. “My dad was a proud Welshman who had a strong sense of ‘home’ or ‘hiraeth’ in Welsh, and that was the Greater Mankato area,” said Marcia Richards, daughter to Cecil Jones. The family’s legacy starts with Cecil. Read More
MANKATO AREA FOUNDATION
Philanthropy Review 2023
This 2023 edition of our Philanthropy Review provides a glimpse into the connections we’re fortunate to make daily. You’ll read about the creative connections made between The REACH and 410 Project to provide hope and healing to at-risk youth. Also inside is a story of community connections and support experienced at an unlikely place—Blingo Bingo. Finally, you’ll read stories of family connections that honor loved ones by creating a philanthropic legacy that gives back to this community for generations. See Philanthropy Review 2023
News & Press
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08 Jul
Maureen Gustafson from Mankato Area Foundation comes in to talk about “Blingo Bingo”
Read moreKTOE (July 8, 2024) — This event is taking place to honor people with cancer and cancer survivors; all proceeds will go to the Jonathan
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24 Jun
Essential nonprofits can be trusted
Read moreMankato Free Press (June 24, 2024)—As the CEO of the Mankato Area Foundation, part of my responsibility is to speak up, share, and support the
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15 May
Shared Spaces at Emy Frentz targets arts nonprofits
Read moreMankato Free Press (May 15, 2024)—The new Shared Spaces Emy Frentz builds not only on the success of the original Shared Spaces building a few
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13 May
Rita Rassbach with Mankato Area Foundation along with partners – have completed the Inclusivity study. Today we talk about the process and some results.
Read moreKTOE (May 13, 2024) — Rita Rassbach with Mankato Area Foundation along with partners - have completed the Inclusivity study. Today we talk about the
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09 Apr
Shared Spaces at Emy Frentz hosting photography exhibit; Community Collage portrait session
Read moreMankato, MN (April 9, 2024) — The Mankato Area Foundation (MAF) is welcoming the community to get a sneak peek of the newly renovated Shared