Faribault Area Public Schools Educational Trust Association

Mission Statement

The mission of the Faribault Area Public Schools (FAPSETA), The Falcon Scholarship Fund and the Falcon Educational Enrichment Program (FEEP) is to provide a source of funds to assist in meeting the ongoing educational goals of Faribault Public Schools students.

Impact and Programs

Accomplishments In 2022, the Falcon Scholarship Fund awarded over $120,500 in scholarships ranging from $1000 to $10,000 to students, an increase of $$22,500 over 2021. FAPSETA also awarded $20,600 in classroom project grants in 2022 across multiple schools within the district. Since 2019, FEEP has awarded over $60,000 for classroom projects.
Current Goals Current year goals include completing the Charities Review process, establishing an organizational website, increasing awareness and contributions to the FEEP program, establishing a process for program and governance operations review, and goal-setting.
Community or Constituency Served Students enrolled and served by the Faribault Public Schools.
Geographic Area Served Faribault area public school district located in Rice County, MN.

Reports & Finances

If you have additional questions regarding a nonprofit's financials, visit their website, or call and ask to review their IRS Form 990, Annual Report, or Audit for a more complete picture of their financial story.
Major Program Expenses
Falcon Scholarship & FEEP Program:
$133,876
3 Year Average Expenses
Program Services
$120,708
86.5%
Management
$17,148
12.3%
Fundraising
$1,667
1.2%
Unrestricted Net Assets
End of Year:
Beginning of Year:
Difference:
2023
$1,312,242
$1,324,939
($12,697)
2022
$1,324,939
$1,315,695
$9,244
2021
$1,315,695
$1,310,029
$5,666

Notes from the Council

Organization Last Reviewed on 06/28/2024

This date is representative of when we completed our initial Accountability Wizard® nonprofit review, and provided the organization with their results. This review is good for three years from the date provided
Return to List of Reviewed Nonprofits

Connect

Address:
710 - 17thStreet SW
Faribault, MN 55021
Phone: 507-330-4524
Website: fapseta.org

General Information

Alternative Name: The Faribault Falcon Scholarship Fund, Falcon Educational Enrichment Program
EIN: 36-3495109
Principal Staff: Jerry Robicheau
Volunteer Opportunities: Yes
Number of Clients: 400
Ruling Year: 1987

Board

Board Chair: Dr. Jerry Robicheau
Number of Board Members: 13
Board Meetings with Quorum: 6
Average Member Attendance: 7.7

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Charities Review Council

Our mission is building donor and nonprofit relationships for strong, vibrant and just communities. We envision healthy communities for all, benefiting from effective and trustworthy nonprofits that are supported by a well-informed public’s generosity.

Let’s Connect

2550 University Avenue W, Ste 200 N
St. Paul, MN 55114
Phone: (651) 224–7030 • E-mail: info@smartgivers.org

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