Zion Evangelical Lutheran Churchmemorial Foundation Of Buffa

Organization Overview

Zion Evangelical Lutheran Churchmemorial Foundation Of Buffa, operating under the name Zion Memorial Foundation, is located in Buffalo, MN. The organization was established in 1981. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zion 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 12/2021, Zion Memorial Foundation generated $187.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $68.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Zion Memorial Foundation has awarded 12 individual grants totaling $176,684. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE GRANTS FOR RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES AS WELL AS A SUPPORTING ORGANIZATION FOR ZION LUTHERAN CHURCH OF BUFFALO, MN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ZION MEMORIAL FOUNDATION PROVIDED FUNDS TO ZION LUTHERAN CHURCH OF BUFFALO,MN FOR CARPET AND SANCTUARY REMODEL PROJECTS AND PURCHASE OF ADDITIONAL CEMETERY LAND AS A SUPPORTED NON-PROFIT ORGANIZATION. THE FOUNDATION ALSO PROVIDED MONETARY GIFTS TO CAMP WAPPOGASSET AS PART OF THEIR BUILDING CAMPAIGN AND TO SUPPORT APPROXIMATELY 48 CAMPERS.


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Board, Officers & Key Employees

Name (title)Compensation
Ron Jacobson
Treasurer
$0
Joan Ilstrup
Vice Preside
$0
Dennis Gleason
President
$0
Roger Johnson
Secretary
$0
Karron Denk
Board Member
$0
Rick Dehmer
Treasurer/in
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,665
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,665
Total Program Service Revenue$0
Investment income $52,264
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $129,048
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $186,977

Grants Awarded

Over the last fiscal year, Zion Evangelical Lutheran Churchmemorial Foundation Of Buffa has awarded $48,030 in support to 3 organizations.

Grant RecipientAmount

ZION LUTHERAN CHURCH

PURPOSE: CEMETERY; REMODEL

$28,180

LAKE WAPOGASSET LUTHERAN BIBLE CAMP

Org PageRecipient Profile

Amery, WI

PURPOSE: CAMP FEES AND GIFTS

$14,800

GRACE PLACE

PURPOSE: COMMUNITY PROGRAM

$5,050
View Grant Profile

Endowment Analysis

Beg. Balance$1,497,233
Earnings$181,312
Admin Expense$16,712
Net Contributions$5,665
Grants$51,380

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