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Funding

Minnesota · Nonprofit

BETHANY LUTHERAN COLLEGE INC

BETHANY LUTHERAN COLLEGE INC (Minnesota) receives grants from 58 organizations whose IRS filings report $26,769,618 to it, the largest being THE MARVIN M SCHWAN CHARITABLE FOUNDATION ($21,820,000). 38 of them have funded it in more than one year.

$36M
Revenue FY2025
58
Funders on record
$27M
Grants received
$97M
Net assets
38/58 repeat funderspeak grant-dependency 13%

Against its field

BETHANY LUTHERAN COLLEGE INC's funding base is broadening — from 11 funders to 28 as grant income climbed.

Operating margin2% · below the median
Months of reserve2.3mo · below the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,681 education nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($24M) Expenses 100 ($25M) Net assets 100 ($80M)2018 Revenue 102 ($25M) Expenses 109 ($27M) Net assets 100 ($80M)2019 Revenue 118 ($29M) Expenses 113 ($28M) Net assets 99 ($80M)2020 Revenue 114 ($28M) Expenses 119 ($30M) Net assets 96 ($77M)2021 Revenue 171 ($42M) Expenses 122 ($31M) Net assets 113 ($91M)2022 Revenue 150 ($37M) Expenses 133 ($33M) Net assets 106 ($85M)2023 Revenue 138 ($34M) Expenses 132 ($33M) Net assets 110 ($88M)2024 Revenue 152 ($37M) Expenses 143 ($36M) Net assets 116 ($93M)2025 Revenue 148 ($36M) Expenses 141 ($35M) Net assets 121 ($97M)
'17'18'19'20'21'22'23'24'25
Revenue (148)Expenses (141)Net assets (121)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 2% · 2021 7% · 2022 4% · 2023 3% · 2024 1% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

21% of BETHANY LUTHERAN COLLEGE INC’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).

This organization
Typical peer · 4,261 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$657k
17
$2.3M
18
$454k
19
$2.0M
20
$11M
21
$3.3M
22
$679k
23
$1.0M
24
$789k
25
2.3
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 11 funders to 28 funders, grant income rose $141k → $4.2M.

18 of 58 of your funders are donor-advised or pass-through sponsors (tagged DAF)9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BETHANY LUTHERAN COLLEGE INC’s funders (the co-funder graph). Top 30 of 58 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BETHANY LUTHERAN COLLEGE INC leans on a few funders — its largest provides 82% of grant income and the top three 89%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

92% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BETHANY LUTHERAN COLLEGE INC.

82%
largest funder
89%
top three
~1
effective funders

Largest funder’s share by year: 2017 27% · 2018 95% · 2019 94% · 2020 93% · 2021 79% · 2022 83% · 2023 75%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

60% of BETHANY LUTHERAN COLLEGE INC's funders are still giving 3 years after their first grant; 66% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

BETHANY LUTHERAN COLLEGE INC draws 91% of its grant income from funders outside Minnesota, across 15 states in all.

ND
MN
IL
WI
NY
NV
IA
OH
CO
NE
MO
DE
NC
GA
TX

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Minnesota out of state home

Funder states come from each funder’s own filing. $2.3M arriving through sponsors registered in 14 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 58 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding BETHANY LUTHERAN COLLEGE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.7M on record.

Federal$2.7M
grants $2.7Mcontracts $0
20
21
Top agencies
  • Department of Education$2.7M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BETHANY LUTHERAN COLLEGE INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 8%Fundraising 3%

Governance

14
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 2 related entities

  • Evangelical Lutheran Synod - 23-7181739 · exempt
  • Charitable Remainder Unitrust (3) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for BETHANY LUTHERAN COLLEGE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BETHANY LUTHERAN COLLEGE INC?
BETHANY LUTHERAN COLLEGE INC (Minnesota) receives grants from 58 organizations whose IRS filings report $26,769,618 to it, the largest being THE MARVIN M SCHWAN CHARITABLE FOUNDATION ($21,820,000). 38 of them have funded it in more than one year.
How many funders does BETHANY LUTHERAN COLLEGE INC have?
IRS filings report 58 organizations giving $26,769,618 in grants to BETHANY LUTHERAN COLLEGE INC, 38 of which have funded it in more than one year.
Who is the largest funder of BETHANY LUTHERAN COLLEGE INC?
THE MARVIN M SCHWAN CHARITABLE FOUNDATION is the largest funder on record, with $21,820,000 in grants. The full list of funders is on this page.
How can an organization like BETHANY LUTHERAN COLLEGE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 58funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing