Rothfork Family Foundation
- Assets
- $480.8k
- Revenue
- $14.9k
- Investments
- $187.8k
- Employees
- 0
- Location
- Melrose, MN
- Founding
- 12/1978
- Data as of
- 08/2024
- EIN
- 41-1339508
Organization Overview
Rothfork Family Foundation is located in Melrose, MN. The organization was established in 1978. 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. Rothfork Family 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 08/2024, Rothfork Family Foundation generated $14.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $24.6k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Rothfork Family Foundation has awarded 37 individual grants totaling $139,200. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Rothfork President | 0 | $0 | |
Judith Rothfork Vice Preside | 0 | $0 | |
Mary Rothfork Secy/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,401 |
| Dividends & Interest | $3,622 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $909 |
| Capital Gain Net Income | $909 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,932 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $105 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $1,550 |
| Contributions, gifts, grants paid | $23,000 |
| Total expenses and disbursements | $24,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $292,962 |
| 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 | $187,797 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $480,759 |
| 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, Rothfork Family Foundation has awarded $23,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SCHOOL SISTERS OF NOTRE DAME PURPOSE: RELIGIOUS | $5,000 |
CHILDREN'S SURGERY INTERNATIONAL PURPOSE: EDUCATION LOCAL MEDICAL STAFF | $3,000 |
ANNA MARIE'S ALLIANCE PURPOSE: SOCIAL SERVICES | $3,000 |
REISER RELIEF INC PURPOSE: HAITI RELIEF | $3,000 |
TARAHUMARA INDIAN MISSION PURPOSE: CHILDREN'S HOSPITAL AND MISSION | $4,000 |
WE CARE PROJECT PURPOSE: CHARITABLE SOCIAL SERVICES | $5,000 |