Ann Bancroft Foundation
- Assets
- $970.0k
- Revenue
- $717.1k
- Investments
- $0.0
- Employees
- 2
- Location
- St Paul, MN
- Founding
- 09/1991
- Data as of
- 12/2021
- EIN
- 41-1691868
Organization Overview
Ann Bancroft Foundation is located in St Paul, MN. The organization was established in 1991. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Ann Bancroft Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ann Bancroft 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, Ann Bancroft Foundation generated $717.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $501.9k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ANN BANCROFT FOUNDATION INSPIRES AND ENCOURAGES GIRLS TO IMAGINE SOMETHING BIGGER. WE STRIVE TO BUILD CONFIDENCE AND OFFER TOOLS THAT WILL ALLOW A GIRL TO GO AFTER HER DREAMS AND FEEL SUPPORTED ALONG THE WAY. THROUGH GRANTS, MENTORSHIP, AND ONGOING DEVELOPMENT OPPORTUNITIES, THE ANN BANCROFT FOUNDATION IS GIVING MINNESOTA GIRLS STRENGTH TO ACHIEVE THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEADQUARTERED IN ST. PAUL, MINNESOTA, THE ANN BANCROFT FOUNDATION CONTINUES TO PROVIDE GRANTS (PAIRED WITH MENTORSHIP) AND DEVELOPMENT TOOLS TO K-12 GIRLS ACROSS MINNESOTA. FOLLOWING THE CLOSURE OF MANY ACTIVITIES THE PREVIOUS YEAR DUE TO THE PANDEMIC, THE ANN BANCROFT FOUNDATION RECOMMITTED TO INVESTING IN THE DREAMS AND HOPES AS ACTIVITIES REOPENED. TO THAT END, GRANTS TO GIRLS INCREASED FROM 78 IN 2020 TO 202 IN 2021 TO SUPPORT GIRLS TO CONTINUE DREAMING, PURSUING THOSE DREAMS, AND DEVELOPING SKILLS THAT FOSTER FUTURE SUCCESS. ADDITIONALLY, THE ANN BANCROFT FOUNDATION PROVIDED VIRTUAL PROGRAMMING TO YOUTH GIRLS TO FACILITATE CONNECTION AND PEER LEARNING. WE ALSO CONTINUED TO SHARE RESOURCES ON EMERGENCY RESOURCES, MENTAL HEALTH, AND COMMUNITY SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ethelind B Kaba Executive Director | Officer | 40 | $42,135 |
Jackie Hartman Chair | OfficerTrustee | 1 | $0 |
Jolene Hart Treasurer | OfficerTrustee | 1 | $0 |
Chris Chapman Secretary | OfficerTrustee | 1 | $0 |
Laura Fingerson Vice Chair | OfficerTrustee | 1 | $0 |
Amy Bergstrom Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $119,112 |
| Related organizations | $0 |
| Government grants | $91,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $492,993 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $703,105 |
| Total Program Service Revenue | $0 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,710 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $717,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $97,418 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,885 |
| Compensation of current officers, directors, key employees. | $8,777 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,919 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $335 |
| Payroll taxes | $7,143 |
| Fees for services: Management | $3,554 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,274 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $164,268 |
| Advertising and promotion | $32,590 |
| Office expenses | $20,460 |
| Information technology | $15,506 |
| Royalties | $0 |
| Occupancy | $26,575 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $735 |
| Insurance | $2,724 |
| All other expenses | $0 |
| Total functional expenses | $501,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $629,713 |
| Savings and temporary cash investments | $300,812 |
| Pledges and grants receivable | $10,463 |
| 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 | $25,197 |
| Net Land, buildings, and equipment | $1,959 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,879 |
| Total assets | $970,023 |
| Accounts payable and accrued expenses | $6,480 |
| Grants payable | $42,626 |
| 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 | $49,106 |
| Net assets without donor restrictions | $820,917 |
| Net assets with donor restrictions | $100,000 |
| 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 | $970,023 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ann Bancroft Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Garrett Family Foundation Mendota Heights, MN PURPOSE: GENERAL | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Feed My People Inc Eau Claire, WI | $8,711,861 | $16,922,508 |
A Better Wisconsin Together Inc Monona, WI | $2,464,059 | $2,796,061 |
Iowa Motor Truck Assoc Inc 314 Des Moines, IA | $2,737,657 | $2,281,675 |
Citizen Action Of Wisconsin Inc Milwaukee, WI | $2,387,312 | $2,074,896 |
Southwest Crisis Center Worthington, MN | $463,517 | $1,360,411 |
Freedom Action Now Inc Madison, WI | $761,649 | $375,319 |
Family Crisis Shelter Inc Williston, ND | $4,197,809 | $817,033 |
Ann Bancroft Foundation St Paul, MN | $970,023 | $717,143 |
Milwaukee Pride Inc Brookfield, WI | $6,673 | $352,593 |
Hands Of Hope Resource Center Inc Little Falls, MN | $287,973 | $484,550 |
Average Mohamed Minneapolis, MN | $25,000 | $415,517 |
Christian Family Life Services Inc West Fargo, ND | $30,418 | $293,042 |