La Amundson Ohana Foundation
- Assets
- $16.1m
- Revenue
- $801.4k
- Investments
- $15.9m
- Employees
- 0
- Location
- Sleepy Eye, MN
- Founding
- 02/1992
- Data as of
- 12/2023
- EIN
- 41-1692528
Organization Overview
La Amundson Ohana Foundation is located in Sleepy Eye, MN. The organization was established in 1992. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Amundson Ohana 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 12/2023, LA Amundson Ohana Foundation generated $801.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, LA Amundson Ohana Foundation has awarded 406 individual grants totaling $3,832,582. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS- SEE SCHEDULE ATTACHED
CHARITABLE DONATIONS - SEE SCHEDULE ATTACHED
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Amundson Chairman | 0 | $1,500 | |
Krista Ryan Secretary | 0 | $1,500 | |
Angie Mixner Treasurer | 0 | $500 | |
Philip Amundson Board Member | 0 | $1,000 | |
Jake Amunson Board Member | 0 | $500 | |
Jane Harberts Board Member | 0 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $327,093 |
| Dividends & Interest | $274,635 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,641 |
| Capital Gain Net Income | $4,641 |
| Net ST Capital Gain | $1,566 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $45,052 |
| Total Revenue | $801,421 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,697 |
| Total operating and administrative expenses | $68,053 |
| Contributions, gifts, grants paid | $1,028,659 |
| Total expenses and disbursements | $1,096,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,762 |
| Savings and temporary cash investments | $31,293 |
| 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 | $16,148,913 |
| 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, La Amundson Ohana Foundation has awarded $1,028,659 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
ADDITIONAL SCHOLARSHIP PURPOSE: SCHOLARSHIP | $75,500 |
ALEXANDRIA TECH & COMM COLL PURPOSE: SCHOLARSHIP | $8,500 |
AZ STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $3,000 |
AUGUSTANA UNIVERSITY PURPOSE: SCHOLARHSIP | $8,750 |
BEMIDJI STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $3,500 |
BEULAH ELEMENTARY SCHOOL PURPOSE: DONATION | $14,266 |