Enterprise Education Foundation
- Assets
- $9.7m
- Revenue
- -$280.3k
- Investments
- $9.6m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/2008
- Data as of
- 06/2024
- EIN
- 20-5493852
Organization Overview
Enterprise Education Foundation is located in Minneapolis, MN. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Enterprise Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Enterprise Education Foundation has awarded 32 individual grants totaling $3,844,599. 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 |
|---|---|---|---|
Robert Stanger President | 7 | $34,000 | |
Laura Murphy Treasurer/vp | 7 | $34,000 | |
Scott Persons Secretary | 7 | $17,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,286 |
| Dividends & Interest | $370,720 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$660,349 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$280,343 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $85,000 |
| Other employee salaries and wages | $17,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,879 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,806 |
| Total operating and administrative expenses | $197,566 |
| Contributions, gifts, grants paid | $405,700 |
| Total expenses and disbursements | $603,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,915 |
| Savings and temporary cash investments | $57,288 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $5,000 |
| 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 | $9,697,550 |
| 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, Enterprise Education Foundation has awarded $405,700 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SCHOLARSHIP AMERICA PURPOSE: FOR ACADEMIC SCHOLARSHIPS | $10,000 |
UNIVERSITY OF MN DULUTH PURPOSE: FOR ACADEMIC SCHOLARSHIPS | $40,000 |
UNIVERSITY OF MN FOUNDATION PURPOSE: FOR ACADEMIC SCHOLARSHIPS | $40,000 |
WALLIN EDUCATION PARTNERS PURPOSE: FOR ACADEMIC SCHOLARSHIPS | $184,000 |
ALPHA KAPPA PSI SCHOLARSHIP FUND PURPOSE: FOR ACADEMIC SCHOLARSHIPS | $131,700 |