Stay Curious. Stay Connected.
MailNewsletters♡Donate Now
Sign up
*Password must be at least 8 characters and contain one uppercase letter, one lowercase letter, one number and one symbol.
Already have an account?
By submitting, you consent that you are at least 18 years of age and to receive information about MPR's or APMG entities' programs and offerings. The personally identifying information you provide will not be sold, shared, or used for purposes other than to communicate with you about MPR, APMG entities, and its sponsors. You may opt-out at any time clicking the unsubscribe link at the bottom of any email communication. View our Privacy Policy.
Sign in to your profile
Forgot Password?
New to MPR News?
Welcome back
to news
for you
Reset Password

Enter the username on file and we'll send you a code to reset your password.

Still require assistance or not sure what your User Name is?
Welcome back
to news
for you
Email Verification

A verification code has been emailed to

Still awaiting the code?
St. Paul, Minn. (AP)

Foundations raise less for MnSCU

Go Deeper.

Create an account or log in to save stories.

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

It was a tough year for the more than 40 charitable foundations that support the Minnesota State Colleges and Universities system and its individual institutions.

The system's board meets Wednesday in St. Paul and it's scheduled to hear a report on the finances of the 43 foundations.

The report says expenses among the foundations during the last fiscal year were up from the year before while the money sent to the system was down.

In 2010, the foundations spent $10.06 million on salaries, benefits and indirect costs, up from $9.75 million the year before. Rising costs drove up the expenses.

The foundations returned $24.14 million to the system last year, less than the $28.37 million returned the year before. There was a drop in charitable contributions.

(Copyright 2011 by The Associated Press. All Rights Reserved.)