Eden Prairie Community Foundation
- Assets
- $1.6m
- Revenue
- $407.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Eden Prairie, MN
- Founding
- 03/1982
- Data as of
- 06/2022
- EIN
- 41-1409203
Organization Overview
Eden Prairie Community Foundation is located in Eden Prairie, MN. The organization was established in 1982. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Eden Prairie Community Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eden Prairie Community 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 06/2022, Eden Prairie Community Foundation generated $407.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $447.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Eden Prairie Community Foundation has awarded 98 individual grants totaling $1,543,189. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENRICHING OUR COMMUNITY THROUGH PHILANTHROPY, COLLABORATION AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EDEN PRAIRIE COMMUNITY FOUNDATION WAS CREATED IN 1981 TO BE A VEHICLE FOR PHILANTHROPY, COLLABORATION, AND LEADERSHIP IN EDEN PRAIRIE. WE IDENTIFY NEW OR CHRONIC NEEDS WITHIN OUR DIVERSE COMMUNITY AND PARTNER WITH NONPROFITS, DONORS, AND COMMUNITY MEMBERS TO MEET THOSE NEEDS TO HELP MAKE LIFE BETTER FOR EVERYONE IN EDEN PRAIRIE.EPCF HAS AWARDED MORE THAN $2 MILLION IN DIRECT GRANTS TO MORE THAN 100 DIFFERENT ORGANIZATIONS AND, WHEN ALL FUNDS AND GRANTING IS COUNTED, HAS GENERATED MORE THAN $1 MILLION IN PHILANTHROPY OVER THE PAST FIVE YEARS ALONE.PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE ASSISTANCE TO EDEN PRAIRIE RESIDENTS EXPERIENCING FOOD AND HOUSING INSECURITY, VIOLENCE AND ABUSE, HOMELESSNESS, AND MUCH MORE.TO FOSTER LEADERSHIP, COLLABORATION, PHILANTHROPY, VOLUNTEERISM, AND OVERALL "GIVING BACK TO THE COMMUNITY," THE FOUNDATION ALSO CONNECTS PEOPLE WHO WISH TO VOLUNTEER TO NONPROFITS THAT NEED THEM. IT PARTNERS WITH THE CITY AND SCHOOLS ON A "STATE OF EDEN PRAIRIE" PRESENTATION. IT HELPS ORGANIZE AN ANNUAL PEOPLEFEST EVENT TO CELEBRATE EDEN PRAIRIE'S GROWING DIVERSITY. AND, IT GATHERS MONTHLY WITH EDEN PRAIRIE'S NONPROFIT LEADERS TO DISCUSS TOPICS OF MUTUAL INTEREST. THESE ARE JUST A FEW OF OUR COLLABORATIVE EFFORTS TO MAKE EDEN PRAIRIE BETTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Weber Executive Director | Officer | 40 | $84,001 |
Jay Lotthammer Chair | OfficerTrustee | 1 | $0 |
Mary Jayne Crocker Vice Chair | OfficerTrustee | 1 | $0 |
Tom Wargolet Treasurer | OfficerTrustee | 1 | $0 |
Janet Eian Secretary | OfficerTrustee | 1 | $0 |
Pastor Rod Anderson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $92,224 |
| Related organizations | $0 |
| Government grants | $14,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $297,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $403,824 |
| Total Program Service Revenue | $0 |
| Investment income | $4,075 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$135 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $407,764 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $276,209 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,668 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,861 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,835 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,669 |
| Advertising and promotion | $8,333 |
| Office expenses | $7,824 |
| Information technology | $2,113 |
| Royalties | $0 |
| Occupancy | $2,946 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $120 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,179 |
| All other expenses | $2,702 |
| Total functional expenses | $447,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,224 |
| Savings and temporary cash investments | $132,122 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,070 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,295,515 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,560,931 |
| Accounts payable and accrued expenses | $9,487 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,487 |
| Net assets without donor restrictions | $316,435 |
| Net assets with donor restrictions | $1,235,009 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,560,931 |
Grants Awarded
Over the last fiscal year, Eden Prairie Community Foundation has awarded $192,074 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Eden Prairie, MN PURPOSE: SUPPORT OF NONPROFIT NEWS START-UP AND ITS EFFORT TO PRESERVE LOCAL REPORTING | $52,305 |
CITY OF EDEN PRAIRIE SENIOR CENTER PURPOSE: GRANT FROM KIRST ESTATE TO CITY OF EP-SR | $45,790 |
Eden Prairie, MN PURPOSE: MATCH TO LEMONADE STAND | $20,000 |
Eden Prairie, MN PURPOSE: TO FUND, FOR FAMILIES IN NEED, SCHOLARSHIPS FOR YOUTH AFTER-SCHOOL ACTIVITIES. | $17,650 |
THE CARGO BIKE SHOP PURPOSE: BIKES FOR DISABLED | $13,029 |
Bloomington, MN PURPOSE: GENERAL-OPERATIONS FUNDING TO PROVIDE LEGAL HELP TO LOW-INCOME RENTERS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Eden Prairie Community Foundation has recieved totaling $36,544.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $13,519 |
Jerome J Choromanski Foundation Plymouth, MN PURPOSE: GENERAL OPERATING | $12,000 |
Carl And Aune Lind Family Foundation Eden Prairie, MN PURPOSE: GENERAL | $10,000 |
The Kranzdorf Family Foundation Bala Cywnyd, PA PURPOSE: UNRESTRICTED | $500 |
Ferber Family Foundation Minneapolis, MN PURPOSE: EDUCATION | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Endowment Analysis
| Beg. Balance | $617,458 |
| Earnings | -$73,434 |
| Net Contributions | $7,000 |
| Ending Balance | $551,024 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Greater Milwaukee & Waukesha County Inc Milwaukee, WI | $57,056,595 | $64,052,238 |
Greater Twin Cities United Way Minneapolis, MN | $131,397,199 | $56,166,906 |
Aurora Health Care Foundation Inc Milwaukee, WI | $332,167,553 | $7,899,285 |
United Way Of Central Iowa Des Moines, IA | $37,480,917 | $26,442,012 |
Minneapolis Jewish Federation Minneapolis, MN | $195,630,681 | $22,381,825 |
Milwaukee Jewish Federation Inc Milwaukee, WI | $275,238,952 | $33,191,987 |
United Way Of Dane County Inc Madison, WI | $25,467,311 | $22,528,941 |
Marquardt Home And Community Based Services Inc Watertown, WI | $9,140,172 | $14,598,397 |
Best Buy Foundation Richfield, MN | $56,998,788 | $22,106,255 |
United Way Fox Cities Inc Menasha, WI | $16,186,120 | $10,302,524 |
Sioux Empire United Way Inc Sioux Falls, SD | $14,046,411 | $8,857,048 |
New Harmony Care Center Inc Edina, MN | $17,674,874 | $11,846,414 |