Huisken Family Charitable Trust is located in Sioux Falls, SD. The organization was established in 2005. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huisken Family Charitable Trust 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, Huisken Family Charitable Trust generated $261.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $125.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES AND SUPPORTING ACTITIES FOR THE BENEFIT TO CARRY OUT THESE PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO NON PROFIT ORGANIZATIONS THAT MEET THE MISSION OF THE HUISKEN FAMILY CHARITABLE TRUST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Bakke Managing Tru | Trustee | 1 | $0 |
Rob Broin Managing Tru | Trustee | 1 | $0 |
Kurt Huisken Family Trust | Trustee | 1 | $0 |
Steve Jankord Managing Tru | Trustee | 1 | $0 |
Doug Seebeck Managing Tru | Trustee | 1 | $0 |
Kent Huisken Family Trust | Trustee | 1 | $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 | $35,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $35,000 |
Total Program Service Revenue | $0 |
Investment income | $11,544 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $71,550 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $261,835 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $114,277 |
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 | $0 |
Fees for services: Accounting | $6,081 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,538 |
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 | $125,896 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $116,152 |
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 | $370,253 |
Investments—other securities | $1,621,390 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,107,795 |
Accounts payable and accrued expenses | $26,035 |
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 | $26,035 |
Net assets without donor restrictions | $2,081,760 |
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 | $0 |
Total liabilities and net assets/fund balances | $2,107,795 |
Over the last fiscal year, Huisken Family Charitable Trust has awarded $114,277 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Federal Way, WA PURPOSE: GENERAL | $100,000 |
Grand Rapids, MI PURPOSE: GENERAL | $14,277 |
Over the last fiscal year, we have identified 1 grants that Huisken Family Charitable Trust has recieved totaling $6,500.
Awarding Organization | Amount |
---|---|
Kingdom Capital Fund Sioux Falls, SD PURPOSE: GENERAL PURPOSE | $6,500 |
Organization Name | Assets | Revenue |
---|---|---|
Brahmananda Saraswati Foundation Fairfield, IA | $96,502,507 | $13,140,832 |
Aim Higher Foundation St Paul, MN | $6,897,588 | $2,438,620 |
Presbyterian Frontier Fellowship Richfield, MN | $5,941,801 | $2,372,271 |
Minnesota Education Trust St Paul, MN | $12,235,946 | $1,363,771 |
Reruns R Fun Inc La Vista, NE | $1,226,554 | $873,036 |
Norwalk Area Ministerial Association Norwalk, IA | $73,039 | $574,226 |
Dr Willard E And Ella N Romberg Supporting Foundation New Ulm, MN | $5,025,617 | $551,325 |
First Presbyterian Church Foundation Of Hastings Nebraska Hastings, NE | $4,365,676 | $220,755 |
Care Uganda Grant, NE | $70,603 | $0 |
Care And Share Shop Mountain Lake, MN | $151,086 | $172,969 |
Marianna Inc Cedar Bluffs, NE | $4,273,877 | $280,467 |
Poland Evangelical Mission Sioux Falls, SD | $53,121 | $0 |