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.
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.
Any gifts given to the Mankato Area Foundation receive the maximum tax advantages for income, gift and estate tax purposes.
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.
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
COMMUNITY RESPONSE FUND
For the Mankato Area Foundation (MAF) and Greater Mankato Area United Way (GMAUW), a shared physical space spawned a partnership that would shape the Mankato area’s response to the COVID-19 crisis.
Nancy Zallek, MAF President and CEO, recalls, “One morning in mid-March of 2020, I was walking down the hallway of Shared Spaces in search of Barb Kaus, GMAUW CEO, and she was doing the same looking for me,” Zallek said. “We had each been reading the news about the governor’s upcoming announcement of a Stay-at-Home order, and we were both concerned about the dire situations our local nonprofits would soon be facing. We knew we had to do something, and we quickly realized it would be so much more powerful to do it together. Within days, our two organizations co-established the Community Response Fund. Learn More
News & Press
- 10 AugRead more
MANKATO, MN (August 10, 2021)—The Mankato Area Foundation (MAF) is pleased to announce that it has recently awarded $171,750 in scholarships to over 60 students
- 09 AugRead more
MANKATO FREE PRESS, Mankato, MN (June 22, 2021) — Mankato Area Foundation and two area historical societies are collaborating to honor the life and works
- 09 AugRead more
MANKATO FREE PRESS, Mankato, MN (June 19, 2021) — Mankato’s Juneteenth celebration Saturday took place just days after President Joe Biden signed the bill making