Erickson Stork Foundation
- Assets
- $251.1k
- Revenue
- $8.3k
- Investments
- $237.2k
- Employees
- 0
- Location
- Northfield, MN
- Founding
- 02/1986
- Data as of
- 12/2022
- EIN
- 36-3416414
Organization Overview
Erickson Stork Foundation is located in Northfield, MN. The organization was established in 1986. 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. Erickson Stork 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, Erickson Stork Foundation generated $8.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $23.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wells Fargo Bank Na Agent For Trustee | 4 | $3,776 | |
Steven E Erickson President | 0 | $0 | |
M Jill Ewald Vice President & Secretary | 0 | $0 | |
Ann L Merrick Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,879 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$604 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,275 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,776 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $579 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,355 |
| Contributions, gifts, grants paid | $17,400 |
| Total expenses and disbursements | $23,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,944 |
| 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 | $16,750 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $251,100 |
| Accounts payable and accrued expenses | $1,200 |
| 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 | $1,200 |
Grants Awarded
Over the last fiscal year, Erickson Stork Foundation has awarded $17,400 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AVIVO PURPOSE: GENERAL SUPPORT GRANT | $1,160 |
COMMUNITY ACTION CENTER PURPOSE: GENERAL SUPPORT GRANT | $1,160 |
ENGLISH SPRINGER RESCUE AMERICA INC PURPOSE: GENERAL SUPPORT GRANT | $1,160 |
EVERLASTING LIGHT MINISTRIES PURPOSE: GENERAL SUPPORT GRANT | $2,000 |
FIRST FRIENDS OF NJ & NY PURPOSE: GENERAL SUPPORT GRANT | $3,480 |
SAMARITAN'S PURSE PURPOSE: GENEAL SUPPORT GRANT | $3,480 |