Mark A Pursley Memorial Foundation
- Assets
- $137.7k
- Revenue
- $12.7k
- Investments
- $129.5k
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 10/1988
- Data as of
- 12/2022
- EIN
- 36-3557150
Organization Overview
Mark A Pursley Memorial Foundation is located in Saint Paul, MN. The organization was established in 1988. 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. Mark A Pursley Memorial 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, Mark A Pursley Memorial Foundation generated $12.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $10.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT PROGRAM SEE XV PARAT 3 FOR DETAILS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Pursley Director | 0 | $0 | |
Sandy Pursley Director | 0 | $0 | |
Mark Bintzler Director | 1 | $0 | |
Barry Reimnitz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,720 |
| Interest on Savings | $3 |
| Dividends & Interest | $1,927 |
| 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 | $12,650 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $55 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,174 |
| Total operating and administrative expenses | $9,398 |
| Contributions, gifts, grants paid | $800 |
| Total expenses and disbursements | $10,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,190 |
| 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 | $129,500 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $137,690 |
| 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, Mark A Pursley Memorial Foundation has awarded $4,800 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HILL MURRAY SCHOOLS PURPOSE: DEPRESSION SCREENINGS & STAFF TRAINING | $800 |
FOREST LAKE AREA SCHOOL PURPOSE: DEPRESSION SCREENING TEST & MATERIALS | $2,000 |
STILLWATER AREA SCHOOLS PURPOSE: FUND ON-LINE PARENT PROGRAMING | $2,000 |