Robert K Else Family Charitable Foundation
- Assets
- $1.8m
- Revenue
- $128.8k
- Investments
- $967.9k
- Employees
- 0
- Location
- Mankato, MN
- Founding
- 08/2006
- Data as of
- 12/2022
- EIN
- 20-1765162
Organization Overview
Robert K Else Family Charitable Foundation is located in Mankato, MN. The organization was established in 2006. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Robert K Else Family Charitable 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 12/2022, Robert K Else Family Charitable Foundation generated $128.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $125.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Robert K Else Family Charitable Foundation has awarded 22 individual grants totaling $370,840. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lenore M Else Director, Chair | 1 | $0 | |
Lori Else Butler Director, President | 1 | $0 | |
Robert K Else II Director, Vice President | 1 | $0 | |
Eric Else Director, Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $101,562 |
| Interest on Savings | $2,975 |
| Dividends & Interest | $20,406 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,849 |
| Capital Gain Net Income | $3,849 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $128,792 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,668 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $218 |
| Total operating and administrative expenses | $12,574 |
| Contributions, gifts, grants paid | $112,600 |
| Total expenses and disbursements | $125,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,576 |
| Savings and temporary cash investments | $819,654 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,874 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,838,121 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Robert K Else Family Charitable Foundation has awarded $112,600 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MARCO LUTHERAN CHURCH PURPOSE: ASSISTANCE FOR UKRAINE | $25,000 |
THE VOICE OF THE MARTYRS PURPOSE: SERVING PERSECUTED CHRISTIANS AROUND THE WORLD | $15,000 |
WYCLIFFE BIBLE TRANSLATORS PURPOSE: TO KEEP THE BIBLE GOING OUT TO UNREACHED LANGUAGE GROUPS. | $25,000 |
BETHANY LUTHERAN THEOLOGICAL SEMINARY PURPOSE: REV. AHLERT AND CLARA STRAND SCHOLARSHIP FUND | $20,000 |
INTERNATIONAL COOPERATING MINISTRIES PURPOSE: GUJRANWALA CHURCH AND TRAINING CENTER | $27,600 |