Foundation For The Development Of People
- Assets
- $663.5k
- Revenue
- $60.6k
- Investments
- $514.5k
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 01/1979
- Data as of
- 12/2021
- EIN
- 41-1341223
Organization Overview
Foundation For The Development Of People is located in Minneapolis, MN. The organization was established in 1979. 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. Foundation For The Development Of People 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, Foundation For The Development Of People generated $60.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $42.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Foundation For The Development Of People has awarded 37 individual grants totaling $177,700. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory G Brucker Dir Pres | 5 | $0 | |
Krista M Brucker Dir | 1 | $0 | |
Leota K Brucker Dir Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $16,242 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,380 |
| Capital Gain Net Income | $44,380 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $60,637 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $966 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $32 |
| Other expenses | $100 |
| Total operating and administrative expenses | $1,238 |
| Contributions, gifts, grants paid | $41,400 |
| Total expenses and disbursements | $42,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $149,007 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $663,506 |
| 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, Foundation For The Development Of People has awarded $41,400 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Hopkins, MN PURPOSE: 5013C ORGANIZATION PROVIDING TRANSITIONAL HOUSING AND ADDICTION AND MENTAL HEALTH SUPPORT SERVICES | $12,500 |
AIN DAH YUNG CENTER PURPOSE: 5013C ORGANIZATION WHICH PROVIDES SUPPORT AND RECREATIONAL OPPORTUNITIES FOR INDIGENOUS TEENS. | $7,500 |
AMPERSAND FAMILIES PURPOSE: 5013C ORGANIZATION WHICH WORKS TO FIND FAMILIES FOR ADOPTION OF TEENS INTO STABLE HOMES | $7,500 |
Greensboro, NC PURPOSE: 5013C ORGANIZATION FOCUSED ON PROVIDING RECREATIONAL AND EDUCATION OPPORTUNITIES FOR UNDER SERVED COMMUNITIES | $4,800 |
MISION HAITI PURPOSE: 5013C ORGANIZATION FOCUSED ON DELIVERING HEALTH CARE AND PROVIDING EDUCATION OPPORTUNITIES FOR INDIGENOUS PEOPLE. | $4,500 |
Minneapolis, MN PURPOSE: 5013C ORGANIZATION WHICH PROVIDES SPORTS PROGRAMS FOR INNER CITY YOUTH | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
We Energies Foundation Inc Milwaukee, WI | $74,423,525 | $6,027,785 |
3m Foundation St Paul, MN | $11,832,463 | $7,120,220 |
Richard O Jacobson Foundation Inc Des Moines, IA | $24,841,991 | $13,826,505 |
The Ceres Trust Milwaukee, WI | $8,473,497 | $7,541,315 |
New Jci Foundation Inc Milwaukee, WI | $45,616,522 | $3,307,387 |
Hugh J Andersen Foundation Bayport, MN | $156,260,583 | $11,255,430 |
Hall-Perrine Foundation Cedar Rapids, IA | $140,581,654 | $14,980,430 |
Dohmen Company Foundation Inc Milwaukee, WI | $0 | $9,439,356 |
Xcel Energy Foundation Minneapolis, MN | $11,307,736 | $67,424 |
Patrick & Aimee Butler Family Foundation St Paul, MN | $109,951,624 | $8,639,825 |
Mead Witter Foundation Inc Wisconsin Rapids, WI | $51,357,757 | $5,357,467 |
Comer Science And Education Foundation Waukesha, WI | $78,906,538 | $1,965,731 |