Oren And Sharron Steinfeldt Foundation is located in Hopkins, MN. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oren And Sharron Steinfeldt Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Oren And Sharron Steinfeldt Foundation generated $795.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $490.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Oren And Sharron Steinfeldt Foundation has awarded 73 individual grants totaling $4,212,225. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING ORGANIZATION TO THE MINNEAPOLIS JEWISH FEDERATION AND OTHER JEWISH COMMUNITY ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven Rubin Secretary/director | OfficerTrustee | 0 | $0 |
Sharron Steinfeldt President/treasurer | OfficerTrustee | 0 | $0 |
Anne Steinfeldt Vice President/director | OfficerTrustee | 0 | $0 |
Robert Barrows Director | Trustee | 0 | $0 |
Norman Pink Director | Trustee | 0 | $0 |
Jamie Heilicher Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $546,190 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $249,615 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $795,805 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $367,500 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $30,006 |
Fees for services: Accounting | $4,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $83,659 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $490,162 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $723,610 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $8,184,288 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,907,898 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $8,907,898 |
Total liabilities and net assets/fund balances | $8,907,898 |
Over the last fiscal year, Oren And Sharron Steinfeldt Foundation has awarded $360,000 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
Minneapolis, MN PURPOSE: 2021-2022 COMMUNITY CAMPAIGN | $160,000 |
Minneapolis, MN PURPOSE: SUPPORTIVE SERVICES, INTEGRATION SUPPORT | $45,000 |
St Louis Park, MN PURPOSE: ONGOING/NEW PROGRAMS, STEINFELDT GALLERY | $30,000 |
Golden Valley, MN PURPOSE: SENIOR SERVICE, KOSHER MEALS ON WHEELS, GIVE2021 CAMPAIGN | $25,000 |
Minneapolis, MN PURPOSE: GENERAL PURPOSE | $25,000 |
Golden Valley, MN PURPOSE: RAPID RESPONSE FUND, MN VIDEO PROJECT | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Manitou Fund White Bear Lake, MN | $1,003,593,689 | $40,882,622 |
Lynne & Andrew Redleaf Foundation Minneapolis, MN | $127,717,345 | $981,960 |
Northwest Area Foundation St Paul, MN | $512,755,007 | $38,144,816 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Medtronic Communities Foundation Minneapolis, MN | $54,271,830 | $230,239 |
General Mills Foundation Minneapolis, MN | $0 | -$304,053 |
J A Wedum Foundation Plymouth, MN | $141,295,178 | $28,441,684 |
Bader Philanthropies Inc Milwaukee, WI | $26,809,232 | $30,829,351 |