Anderson Christian Foundation
- Assets
- $287.2k
- Revenue
- $237.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- 03/2009
- Data as of
- 12/2023
- EIN
- 26-2691504
Organization Overview
Anderson Christian Foundation is located in Minnetonka, MN. The organization was established in 2009. 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. Anderson Christian 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 12/2023, Anderson Christian Foundation generated $237.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (60.9%) each year. All expenses for the organization totaled $33.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Anderson Christian Foundation has awarded 38 individual grants totaling $776,198. 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 |
|---|---|---|---|
James R Anderson Pres/treas | 5 | $0 | |
Karen S Anderson Vp/ Secretary | 5 | $0 | |
Rachel R Kerzman Board Member | 1 | $0 | |
Sarah E Riley Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $229 |
| Total Revenue | $237 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14 |
| Total operating and administrative expenses | $2,164 |
| Contributions, gifts, grants paid | $31,350 |
| Total expenses and disbursements | $33,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,344 |
| Savings and temporary cash investments | $15,008 |
| 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 | $217,831 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $287,183 |
| 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 Christian Foundation has awarded $31,350 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BIBLE SOCIETY PURPOSE: GIFT TO PURCHASE AND DISTRIBUTE BIBLES | $1,000 |
CREATION MOMENTS INC PURPOSE: TO SUPPORT CHRISTIAN MINISTRY OF PRESENTING BIBLICAL CREATION ACCOUNT OF ORIGINS THROUGH MEDIA | $2,000 |
EVANGELISM EXPLOSION PURPOSE: TO SUPPORT THE EVANGELISM EFFORTS | $10,000 |
GIDEONS PURPOSE: GIFT TO PURCHASE AND DISTRIBUTE BIBLES | $1,000 |
GRACE CHURCH PURPOSE: GIFTS TO SUPPORT CHRISTIAN MINISTRY AND PROCLAMATION OF THE GOSPEL OF THE BIBLE | $5,830 |
LIFE CHURCH PURPOSE: SUPPORT OF LOCAL CHRISTIAN ORGANIZATIONS | $1,100 |