Anderson Family Foundation Inc
- Assets
- $1.6m
- Revenue
- $51.4k
- Investments
- $1.5m
- Employees
- 0
- Location
- Plymouth, MN
- Founding
- 07/2006
- Data as of
- 12/2023
- EIN
- 20-2988084
Organization Overview
Anderson Family Foundation Inc is located in Plymouth, MN. The organization was established in 2006. 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. Anderson Family Foundation Inc 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 12/2023, Anderson Family Foundation Inc generated $51.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 44.7% each year . All expenses for the organization totaled $113.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Anderson Family Foundation Inc has awarded 53 individual grants totaling $140,500. 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 |
|---|---|---|---|
Francis D Anderson Sec, Trustee | 1 | $0 | |
John E Anderson Trustee, VP | 1 | $0 | |
Patricia C Anderson Treas, Trustee | 1 | $0 | |
William R Anderson Pres, Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,927 |
| Dividends & Interest | $39,381 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,133 |
| Capital Gain Net Income | $10,133 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $51,441 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,879 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,700 |
| Total operating and administrative expenses | $28,840 |
| Contributions, gifts, grants paid | $85,000 |
| Total expenses and disbursements | $113,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,511 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,584,294 |
| 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, Anderson Family Foundation Inc has awarded $85,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN EXCHANGE PROJECT INC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
AUTISM SPEAKS INC PURPOSE: GENERAL & UNRESTRICTED | $500 |
AMES SHALOM COMMUNITY INC PURPOSE: GENERAL & UNRESTRICTED | $1,500 |
AMERICAN CANCER SOCIETY INC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI PURPOSE: GREATER MARYLAND CHAPTER | $10,000 |
BALTIMORE ANIMAL RESCUE AND CARE SHELTER INC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |