Walter And Marion Jensen Foundation
- Assets
- $256.6k
- Revenue
- $8.3k
- Investments
- $253.1k
- Employees
- 0
- Location
- Grantsburg, WI
- Founding
- 12/1995
- Data as of
- 12/2022
- EIN
- 39-6585967
Organization Overview
Walter And Marion Jensen Foundation is located in Grantsburg, WI. The organization was established in 1995. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Walter And Marion Jensen 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, Walter And Marion Jensen Foundation generated $8.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $18.7k 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
LOCAL NONPROFITS SUPPORT - 10,900
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Bryan Jensen Director | 0 | $0 | |
Renee Anderson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $64 |
| Dividends & Interest | $8,264 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $20,298 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,328 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $301 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $161 |
| Total operating and administrative expenses | $4,839 |
| Contributions, gifts, grants paid | $13,900 |
| Total expenses and disbursements | $18,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,499 |
| 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 | $253,072 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $256,571 |
| 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, Walter And Marion Jensen Foundation has awarded $13,900 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
SADYE BUNTING PURPOSE: SCHOLARSHIP | $1,000 |
EMMA SAGLE PURPOSE: SCHOLARSHIP | $1,000 |
CHASE DOORNINK PURPOSE: SCHOLARSHIP | $1,000 |
GRANTSBURG VIP FUND PURPOSE: SUPPORT | $2,000 |
BURNETT COUNTY FRC PURPOSE: SUPPORT | $1,000 |
BURNETT COUNTY HUMANE PURPOSE: SUPPORT | $1,000 |