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Home About Our Board News Events Application Donate Contact More Welcome toFATE Foundation Scholarships for Faribault area students pursuing degrees. Mission Statement The FATE Foundation actively supports training and education programs for students in the Faribault area by Generating funds for scholarships and grants Maintaining and growing sound investment and endowment programs. Why Choose FATE Foundation FATE Foundation provides financial assistance to deserving Faribault area students who are committed to pursuing higher education. We are dedicated to supporting local Faribault students in achieving their academic goals.