Engel-Kesting Foundation
- Assets
- $1.5m
- Revenue
- $98.8k
- Investments
- $1.5m
- Employees
- 0
- Location
- Dickinson, ND
- Founding
- 12/2010
- Data as of
- 12/2021
- EIN
- 27-2528447
Organization Overview
Engel-Kesting Foundation is located in Dickinson, ND. The organization was established in 2010. 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. Engel-Kesting 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 12/2021, Engel-Kesting Foundation generated $98.8k 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 (17.5%) each year. All expenses for the organization totaled $100.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Engel-Kesting Foundation has awarded 58 individual grants totaling $1,190,000. 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 |
|---|---|---|---|
Bruce A Selinger Trustee | 1 | $500 | |
Daniel J Dasovick Trustee | 1 | $500 | |
Faith Simonieg Trustee | 1 | $500 | |
Joe Pasicznyk Trustee | 1 | $500 | |
Charles Odiorne Trustee | 1 | $500 | |
Del Gab Trustee | 1 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $95,288 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$86,734 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $90,248 |
| Total Revenue | $98,802 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,000 |
| 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 | $0 |
| Total operating and administrative expenses | $20,849 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $100,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,337 |
| 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 | $1,499,366 |
| 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, Engel-Kesting Foundation has awarded $80,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ST BENEDICT'S HEALTH CENTER FOUNDAT PURPOSE: HEALTHCARE FACILITY | $10,000 |
DICKINSON HIGH SCHOOL FOUNDATION PURPOSE: EDUCATIONAL PURPOSES | $10,000 |
Richardton, ND PURPOSE: RELIGIOUS PURPOSES | $10,000 |
Medora, ND PURPOSE: RELIGIOUS PURPOSES | $10,000 |
Dickinson, ND PURPOSE: EDUCATIONAL PURPOSES | $10,000 |
ST JOSEPH'S HOSPITAL & HEALTH PURPOSE: HEALTHCARE FACILITY | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Dennis R Washington Foundation Inc Missoula, MT | $1,024,973,213 | $135,352,040 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Manitou Fund White Bear Lake, MN | $1,003,593,689 | $40,882,622 |
Lynne & Andrew Redleaf Foundation Minneapolis, MN | $127,717,345 | $981,960 |
Northwest Area Foundation St Paul, MN | $512,755,007 | $38,144,816 |
Medtronic Communities Foundation Minneapolis, MN | $54,271,830 | $230,239 |
General Mills Foundation Minneapolis, MN | $0 | -$304,053 |
J A Wedum Foundation Plymouth, MN | $141,295,178 | $28,441,684 |
Target Foundation Minneapolis, MN | $85,335,634 | $55,020,175 |
Wem Foundation Minneapolis, MN | $121,487,044 | $26,370,141 |