The Mankato Kiwanis club has two 501(c)3 organizations to which both members and non-members are welcome to contribute:
Kiwanis Scholarship Foundation
The scholarship foundation was created approximately nine years ago to help recognize and support students in the Mankato Area. A fund raising campaign helped the foundation reach a goal of $100,000 in 2010.
The total scholarship amount awarded each year is currently $8,000, but current income from the foundation is $1,200/yr. (1.2% interest). The balance is funded by club. Some scholarships were increased since fund was established to reflect the rising costs of tuition.