Camara-Press Foundation
- Assets
- $19.1m
- Revenue
- $1.0m
- Investments
- $19.1m
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- 04/2011
- Data as of
- 12/2022
- EIN
- 27-1985444
Organization Overview
Camara-Press Foundation is located in Minnetonka, MN. The organization was established in 2011. 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. Camara-Press 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, Camara-Press Foundation generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Camara-Press Foundation has awarded 86 individual grants totaling $4,950,050. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Press Director | 10 | $0 | |
Stella J Camara Press Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $613,500 |
| Interest on Savings | $281 |
| Dividends & Interest | $661,051 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$272,143 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,002,689 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,114 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $80,159 |
| Total operating and administrative expenses | $99,273 |
| Contributions, gifts, grants paid | $1,006,000 |
| Total expenses and disbursements | $1,105,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $19,054,438 |
| 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, Camara-Press Foundation has awarded $1,006,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
MINNEAPOLIS RECREATIONAL DEVELOPMENT PURPOSE: CHARITABLE | $100,000 |
JUVENILE DIABETES FOUNDATION PURPOSE: CHARITABLE | $75,000 |
CHILDRENS MINNESOTA FOUNDATION PURPOSE: CHARITABLE | $50,000 |
MINNESOTA WRESTLING CLUB PURPOSE: CHARITABLE | $75,000 |
POLICE CHAPLIANS MINISTRY FATHER BRANDT PURPOSE: CHARITABLE | $75,000 |
ODYSSEY PROJECT PURPOSE: CHARITABLE | $50,000 |