Clausen Family Foundation is located in Holstein, IA. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clausen Family 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, Clausen Family Foundation generated $35.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $250.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Douglas E Clausen President/director | 0 | $0 | |
Joanie S Clausen Secretary/director | 0 | $0 | |
Randall S Gerritsen Treasurer/director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $2,253 |
Dividends & Interest | $15,382 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $17,595 |
Capital Gain Net Income | $17,595 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $35,230 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $844 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $15 |
Total operating and administrative expenses | $859 |
Contributions, gifts, grants paid | $250,000 |
Total expenses and disbursements | $250,859 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,157 |
Savings and temporary cash investments | $2,855 |
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 | $109 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $165,171 |
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 |
Over the last fiscal year, Clausen Family Foundation has awarded $928,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Des Moines, IA PURPOSE: KINNICK EDGE GIFT FUND | $450,000 |
Des Moines, IA PURPOSE: KINNICK EDGE GIFT FUND | $450,000 |
SCHOLARSHIP AMERICA PURPOSE: POST SECONDARY EDUCATION | $14,000 |
SCHOLARSHIP AMERICA PURPOSE: POST SECONDARY EDUCATION | $14,000 |
Organization Name | Assets | Revenue |
---|---|---|
Chicago Cook Workforce Partnership Chicago, IL | $32,171,643 | $83,286,997 |
Aspira Inc Of Illinois Chicago, IL | $37,783,687 | $23,094,089 |
Riverbend Head Start Delegate Inc Alton, IL | $2,230,032 | $11,645,370 |
Collective For Youth Omaha, NE | $16,344,773 | $14,408,697 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |