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Minnesota State Academy for the Blind Foundation

The MSAB Foundation works to raise funds to expand educational opportunities for students attending the Minnesota State Academy for the Blind in Faribault, Minnesota.

Mission Statement
Review Completed: 11/12/2013
P.O. Box 52
Faribault, MN 55021
Phone: 507-332-7206
Fax: 507-333-5858
EIN 41-1739069
Principal Staff LuAnne Speeter, President
Number of Full-Time Equivalents (FTE) 0
Number of Volunteers 12
Number of Clients Served 50
General Information
Board Chair LuAnne Speeter
Number of Board Members 11
Board meetings with quorum 12
Average Member Attendance at Board Meetings 9.08
Publicly Available Documents Most Recent 990
Board
Accomplishments
We funded the following: • A residency program for student to learn to make and play the harp • Completed design of a sound studio • Started construction of the sound studio • Supported White Cane Safety Day
Current Goals
• Fund the completion of the recording studio and purchasing of sound equipment • Fund training for the teachers • Fund classroom accessibility equipment
Community or Constituency Served
Students attending and eligible for services from the Minnesota State Academy for the Blind.
Geographic Area Served
State of Minnesota
Impact and Programs

3 Year Average Expenses

Program Services: $60,481 91.1%
Management: $3,478 5.2%
Fundraising: $2,454 3.7%

Unrestricted Net Assets

2012 2011 2010
End of Year: $141,912 $167,170 $146,979
Beginning of Year $167,170 $146,979 $114,289
Difference ($25,258) $20,191 $32,690
Unrestricted Net Assets (End of Year), Current 990 $141,912
Based on information provided on 2010 to 2012
Financials
Show all standards met
List of Standards Met