Northwest Area Foundation
- Assets
- $0.0
- Revenue
- $54.7m
- Investments
- $536.7m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 10/1947
- Data as of
- 12/2021
- EIN
- 41-0719221
Organization Overview
Northwest Area Foundation is located in St Paul, MN. The organization was established in 1947. 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. Northwest Area 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, Northwest Area Foundation generated $54.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $34.4m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 5 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 2017, Northwest Area Foundation has awarded 1,229 individual grants totaling $139,630,187. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHED IN 1934, THE NORTHWEST AREA FOUNDATION SUPPORTS ORGANIZATIONS THAT WORK WITH COMMUNITIES TO ADVANCE JUSTICE IN ITS REGION OF EIGHT STATES AND 76 NATIVE NATIONS. GRANTEE ORGANIZATIONS ADVANCE LONG-OVERDUE CHANGE IN DEEP CONNECTION WITH THE LAND THEY INHABIT AND COMMUNITIES THEY SERVE - NATIVE AMERICANS, COMMUNITIES OF COLOR, IMMIGRANTS, REFUGEES, AND PEOPLE IN RURAL AREAS.THE FOUNDATION PROVIDES FUNDING TO GRANTEE ORGANIZATIONS, BUT ALSO CONNECTIONS TO OTHER FUNDERS, INFORMATION, AND FELLOW LEADERS. THE FOUNDATION FOLLOWS THE LEAD OF GRANTEE ORGANIZATIONS TO CHANGE POLICIES, PRACTICES, AND BELIEFS AND HEAL FROM INJUSTICE SO THAT COMMUNITIES CAN THRIVE ON THEIR OWN TERMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynda Bourque Moss Director | 3 | $21,725 | |
Elisabeth Buck Director | 3 | $20,875 | |
Cherie Buckner-Webb Director | 3 | $21,100 | |
Juel Burnette Director | 3 | $16,150 | |
Duane Carter Director | 3 | $29,838 | |
Wayne Ducheneaux Director | 3 | $14,950 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nepc Llc | 12/30/22 | $258,233 |
Faegre Drinker Biddle & Reath Llp | 12/30/22 | $93,971 |
Kpcompanies | 12/30/22 | $92,364 |
Hattaway Communications | 12/30/22 | $83,275 |
Cliftonlarsonallen Llp | 12/30/22 | $78,704 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,161,896 |
| Profit on Inventory Sales | $0 |
| Other Income | $644 |
| Total Revenue | $54,713,221 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $930,357 |
| Pension plans, employee benefits | $984,144 |
| Depreciation | $114,182 |
| Occupancy | $483,782 |
| Travel, conferences, and meetings | $26,163 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $12,349,241 |
| Contributions, gifts, grants paid | $22,046,755 |
| Total expenses and disbursements | $34,395,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $95,321,023 |
| Other assets | $11,857,466 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,933,638 |
Grants Awarded
Over the last fiscal year, Northwest Area Foundation has awarded $19,764,609 in support to 169 organizations.
| Grant Recipient | Amount |
|---|---|
AFFILIATED TRIBES OF NORTHWEST INDIANS - ECONOMIC DEVELOPMENT CORP PURPOSE: CAPACITY SUPPORT FOR NORTHWEST NATIVE LENDING NETWORK | $100,000 |
247 BLAC PURPOSE: GENERAL OPERATING AND CAPACITY BUILDING SUPPORT | $150,000 |
AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS PURPOSE: SUPPORTING AFRICAN IMMIGRANT OWNED SMALL BUSINESSES AND MINORITY OWNED BUSINESSES | $125,000 |
AKIING COMMUNITY DEVELOPMENT CORPORATION PURPOSE: FISCAL SPONSOR FOR ANISHINAABE AGRICULTURE INSTITUTE'S NEW GREEN REVOLUTION | $75,000 |
AFRO AMERICAN DEVELOPMENT ASSOCIATION PURPOSE: NEW AMERICAN WORKFORCE DEVELOPMENT PROGRAM | $75,000 |
AMERICAN INDIAN COMMUNITY HOUSING ORGANIZATION PURPOSE: WAZHASHK AZHEGIIWE INDIGENOUS ECONOMIC DEVELOPMENT INITIATIVE | $125,000 |