St Josephs Foundation
- Assets
- $15.9m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Minot, ND
- Founding
- 09/1986
- Data as of
- 06/2022
- EIN
- 36-3464642
Organization Overview
St Josephs Foundation is located in Minot, ND. The organization was established in 1986. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 06/2022, St Josephs Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Josephs 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 06/2022, St Josephs Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $854.8k during the year ending 06/2022. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, St Josephs Foundation has awarded 253 individual grants totaling $3,485,275. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE MENTAL, PHYSICAL AND SPIRITUAL WELL-BEING IN AN ELEVEN COUNTY AREA SERVED BY THE FOUNDATION IN NORTHWEST NORTH DAKOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATED CASH FOR PROGRAMS IN THE COMMUNITY SERVED BY THE FOUNDATION.
DONATED CASH FOR MINISTERIAL PROGRAMS.
DONATED CASH FOR EDUCATIONAL PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelly Weppler President | Officer | 25 | $82,673 |
Randy Hauck Treasurer | OfficerTrustee | 0.6 | $0 |
Rick Beall Chair | OfficerTrustee | 0.6 | $0 |
Joann Linrud Secretary | OfficerTrustee | 0.6 | $0 |
Jane Hirst Vice Chair | OfficerTrustee | 0.6 | $0 |
Katelyn Denne Board Member | Trustee | 0.6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $281,524 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $281,524 |
| Total Program Service Revenue | $0 |
| Investment income | $566,837 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $825,980 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,677,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $582,570 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,400 |
| Compensation of current officers, directors, key employees. | $85,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,064 |
| Pension plan accruals and contributions | $5,955 |
| Other employee benefits | $4,560 |
| Payroll taxes | $8,279 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,786 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $81,984 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,981 |
| Office expenses | $4,021 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,418 |
| Travel | $1,691 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,891 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $341 |
| Insurance | $2,919 |
| All other expenses | $154 |
| Total functional expenses | $854,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,362 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,819 |
| Investments—publicly traded securities | $15,861,294 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,872,475 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $7,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,486 |
| Total liabilities | $11,486 |
| Net assets without donor restrictions | $14,406,215 |
| Net assets with donor restrictions | $1,454,774 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,872,475 |
Grants Awarded
Over the last fiscal year, St Josephs Foundation has awarded $521,261 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Minot, ND PURPOSE: TO PROVIDE ASSISTANCE IN PROGRAM'S MISSION. | $280,000 |
Minot, ND PURPOSE: TO PROVIDE ASSISTANCE IN PROGRAM'S MISSION. | $30,675 |
Minot, ND PURPOSE: TO PROVIDE ASSISTANCE IN PROGRAM'S MISSION. | $24,900 |
Bottineau, ND PURPOSE: TO PROVIDE ASSISTANCE IN PROGRAM'S MISSION. | $24,745 |
Fargo, ND PURPOSE: TO PROVIDE ASSISTANCE IN PROGRAM'S MISSION. | $23,000 |
THE LORD'S CUPBOARD FOOD PANTRY PURPOSE: TO PROVIDE ASSISTANCE IN PROGRAM'S MISSION. | $15,595 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that St Josephs Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Minot Junior Golf Association Inc Minot, ND PURPOSE: DONATION TO SUPPORT THE ORGANIZATION'S MISSION. | $20,000 |
Endowment Analysis
| Beg. Balance | $18,879,849 |
| Earnings | -$2,448,494 |
| Net Contributions | $281,524 |
| Other Expense | $269,320 |
| Grants | $582,570 |
| Ending Balance | $15,860,989 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Health Care Foundation Minneapolis, MN | $90,729,243 | $25,438,436 |
Sanford Health Foundation North Sioux Falls, SD | $106,387,743 | $12,791,067 |
Headwaters Health Foundation Of Western Montana Missoula, MT | $106,148,941 | $5,570,203 |
Dakota Medical Foundation Fargo, ND | $43,203,440 | $5,722,440 |
Gillette Childrens Hospital Foundation St Paul, MN | $41,489,322 | $14,728,152 |
Lifescape Sioux Falls, SD | $318,250 | $4,148,590 |
Benedictine Foundation Minneapolis, MN | $15,163,836 | $4,052,107 |
Miller Dwan Foundation Duluth, MN | $37,367,884 | $5,122,936 |
St Josephs Hospital Foundation Dickinson, ND | $6,830,707 | $727,456 |
Carris Health Foundation Willmar, MN | $19,378,511 | $7,841,805 |
Generations Health Care Initiatives Inc Duluth, MN | $11,123,965 | $1,065,863 |
St Josephs Foundation Minot, ND | $15,872,475 | $1,677,022 |