Rusty And Mary Jane Poepl Foundation
- Assets
- $2.8m
- Revenue
- $611.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Mendota Heights, MN
- Founding
- 10/2010
- Data as of
- 12/2023
- EIN
- 27-1532796
Organization Overview
Rusty And Mary Jane Poepl Foundation is located in Mendota Heights, MN. The organization was established in 2010. 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. Rusty And Mary Jane Poepl 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, Rusty And Mary Jane Poepl Foundation generated $611.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $150.3k during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rusty And Mary Jane Poepl Foundation has awarded 157 individual grants totaling $1,194,200. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF POEPL FOUNDATION IS TO ENGAGE IN, ADVANCE, PROMOTE AND ADMINISTER CHARITABLE, RELIGIOUS, LITERARY, MUSIC AND ARTS, SCIENTIFIC AND EDUCATIONAL ACTIVITIES AND PROJECTS OF ANY KIND AND NATURE WHATSOEVER IN ITS OWN BEHALF OR AS THE AGENT, TRUSTEE OR REPRESENTATIVE OF OTHERS, AND MAY AID, ASSIST AND CONTRIBUTE TO THE SUPPORT OF ORGANIZATIONS, ASSOCIATIONS AND INSTITUTIONS WHICH ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR SUCH PURPOSES AND WHICH ARE DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Poepl Director | 1 | $0 | |
Susan Poepl Director | 1 | $0 | |
Mary Frances Spartz Director | 1 | $0 | |
John Poepl Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $59 |
| Dividends & Interest | $69,837 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $541,168 |
| Capital Gain Net Income | $541,168 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $342 |
| Total Revenue | $611,406 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,510 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11 |
| Total operating and administrative expenses | $9,274 |
| Contributions, gifts, grants paid | $141,000 |
| Total expenses and disbursements | $150,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,108 |
| Savings and temporary cash investments | $2,817,874 |
| 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 | $2,839,982 |
| 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, Rusty And Mary Jane Poepl Foundation has awarded $141,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOHN'S CATHOLIC SCHOOL PURPOSE: GENERAL SUPPORT | $15,000 |
SHARING & CARING HANDS PURPOSE: GENERAL SUPPORT | $15,000 |
LUNDSTRUM CENTER FOR PERFORMING ART PURPOSE: GENERAL SUPPORT | $5,000 |
NATION OF PATRIOTS PURPOSE: GENERAL SUPPORT | $7,500 |
ST DAMIEN PEDIATRIC HOSPITAL PURPOSE: GENERAL SUPPORT | $36,000 |
FEED MY STARVING CHILDREN PURPOSE: GENERAL SUPPORT | $5,000 |