Miller Chimbote Fund Inc
- Assets
- $7.5k
- Revenue
- $16.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Prior Lake, MN
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 27-2470256
Organization Overview
Miller Chimbote Fund Inc is located in Prior Lake, MN. The organization was established in 2011. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Miller Chimbote Fund 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 12/2021, Miller Chimbote Fund Inc generated $16.0k 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 (17.0%) each year. All expenses for the organization totaled $13.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Miller Chimbote Fund Inc has awarded 91 individual grants totaling $143,191. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE FUNDING FOR EDUCATION, SUCH AS TECHNICAL COLLEGE AND UNIVERSITIES, TO YOUNG PEOPLE IN CHIMBOTE, PERU. THESE PEOPLE ARE EXTREMELY POOR. WE GO TO PERU ONE OR TWO TIMES PER YEAR TO QUALIFY THE STUDENTS AND SET THEM UP AS STUDENTS IN EITHER TECHNICAL SCHOOLS OR UNIVERSITIES.
WE PROVIDE HOUSING NEEDS TO PEOPLE THAT LIVE IN THE REGION IN AND AROUND CHIMBOTE, PERU. MANY LIVE IN ESTERA (REED) HOMES AND HAVE NO WATER OR ELECTRICITY. WE TRY TO IMPROVE THE HOMES SO THAT THE STUDENTS CAN STUDY AT HOME. WE ALSO IMPROVE THE HOMES OF SOME THAT ARE DISABLED AND CANNOT WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darren D Whipps Director | 0 | $0 | |
John N Abdo Director | 0 | $0 | |
Richard M Miller President/treasurer/secret | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,000 |
| Interest on Savings | $0 |
| 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 | $0 |
| Total Revenue | $16,000 |
| 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 | $128 |
| Total operating and administrative expenses | $6,703 |
| Contributions, gifts, grants paid | $6,409 |
| Total expenses and disbursements | $13,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,474 |
| 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 | $7,474 |
| 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, Miller Chimbote Fund Inc has awarded $7,100 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MICHELLE DIAZ GONZALES PURPOSE: FOR POVERTY RELIEF AND EDUCATIONAL ASSISTANCE. | $2,600 |
ESPERANZA FLORES CHAVEZ PURPOSE: FOR POVERTY RELIEF. | $1,200 |
SULMA RUIZ APARICIO PURPOSE: FOR POVERTY RELIEF AND EDUCATIONAL ASSISTANCE. | $1,200 |
WILDER BENITES CASTILLO PURPOSE: FOR POVERTY RELIEF. | $900 |
KATHERINE ABREGU SOLIS PURPOSE: FOR EDUCATIONAL ASSISTANCE. | $900 |
ROXANA RODRIQUEZ BRINGAS PURPOSE: FOR POVERTY RELIEF. | $300 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Miller Chimbote Fund Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Jack And Sarah Matasosky Foundation Lakeville, MN PURPOSE: GENERAL OPERATING SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wacosa Waite Park, MN | $12,140,309 | $9,104,818 |
World Food Prize Foundation Urbandale, IA | $73,712,928 | $6,192,203 |
Chipstone Foundation Milwaukee, WI | $75,856,336 | $12,810,541 |
Johnson Foundation Inc Racine, WI | $58,249,744 | $4,338,703 |
Jeffers Foundation Plymouth, MN | $13,209,879 | $451,010 |
Childrens Museum Of South Dakota Brookings, SD | $7,565,049 | $1,438,522 |
Belwin Conservancy Afton, MN | $13,948,042 | $1,506,492 |
Miracle Ear Foundation Minneapolis, MN | $1,565,051 | $1,538,911 |
On His Path Danville, IA | $274,871 | $641,163 |
Ann Smeltzer Charitable Tr Fort Dodge, IA | $9,572,816 | $1,083,917 |
St Johns Elderly Housing Corporation Eau Claire, WI | $4,250,998 | $912,893 |
Farming For The Future Foundtn Inc Hancock, WI | $15,517,922 | $9,948,061 |