Minnesota Twins Community Fund
- Assets
- $2.1m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 07/1992
- Data as of
- 12/2021
- EIN
- 41-1697280
Organization Overview
Minnesota Twins Community Fund is located in Minneapolis, MN. The organization was established in 1992. According to its NTEE Classification (I99) the organization is classified as: Crime & Legal-Related N.E.C., under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Twins Community Fund 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, Minnesota Twins Community Fund generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Minnesota Twins Community Fund has awarded 263 individual grants totaling $5,076,221. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT 501(C)(3) SERVICE ORG. & PROVIDE RESOURCES FOR HEALTHY DEVELOPMENT OF CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SPONSORS THE PLAY BALL! MN PROGRAM. THIS PROGRAM HOSTS BASEBALL CLINICS FOR YOUTH, ESPECIALLY KIDS FROM ECONOMICALLY-DISADVANTAGED NEIGHBORHOODS.
THE ORGANIZATION SPONSORS FIELDS FOR KIDS PROGRAM. THIS PROGRAM MAKES MATCHING GRANTS TO SMALL NONPROFIT ORGANIZATIONS AND LOCAL GOVERNMENTS IN THE UPPER MIDWEST FOR FIELD RENOVATION PROJECTS.
THE ORGANIZATION SPONSORS A YOUTH BASEBALL PROGRAM THAT INTRODUCES INNER-CITY KIDS TO BASEBALL AND SOFTBALL. IT ALSO EDUCATES KIDS ON DRUG AWARENESS, IMPORTANCE OF EDUCATION, STAYING IN SCHOOL, AND STAYING AWAY FROM GANGS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Betts Director/vice Chair | OfficerTrustee | 1 | $0 |
Stacey Schmitt Director/cfo | OfficerTrustee | 1 | $0 |
Steve Gibson Director/past Chair | OfficerTrustee | 1 | $0 |
Aalok Sharma Director/chair | OfficerTrustee | 1 | $0 |
Shannon Knoepke Director/vice Chair | OfficerTrustee | 1 | $0 |
Daniel Yang Director/vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $300,609 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,580,881 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,881,490 |
| Total Program Service Revenue | $0 |
| Investment income | $65 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $41,838 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,923,393 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,032,412 |
| Grants and other assistance to domestic individuals. | $8,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $800 |
| Office expenses | $3,121 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,867 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $16,822 |
| Total functional expenses | $1,438,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,766,815 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $113,493 |
| 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 | $198,490 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,078,798 |
| Accounts payable and accrued expenses | $50,921 |
| Grants payable | $0 |
| Deferred revenue | $26,710 |
| 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 | $77,631 |
| Net assets without donor restrictions | $1,879,510 |
| Net assets with donor restrictions | $121,657 |
| 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 | $2,078,798 |
Grants Awarded
Over the last fiscal year, Minnesota Twins Community Fund has awarded $932,915 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
MINNEAPOLIS PARKS AND REC BOARD PURPOSE: GENERAL SUPPORT | $130,000 |
Oakland, CA PURPOSE: GENERAL SUPPORT | $120,000 |
ST PAUL DIVISION OF PARKS AND RECREATION PURPOSE: GENERAL SUPPORT | $100,000 |
BROOKLYN CENTER ISD #286 PURPOSE: GENERAL SUPPORT | $87,750 |
Harleysville, PA PURPOSE: GENERAL SUPPORT | $65,000 |
El Segundo, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Minnesota Twins Community Fund has recieved totaling $2,050.
| Awarding Organization | Amount |
|---|---|
Jill And Thomas Siering Family Foundation Naples, FL PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION OF PROVIDING RESOURCES FOR HEALTHY DEVELOPMENT OF CHILDREN AND FAMILIES. | $2,000 |
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Twins Community Fund Minneapolis, MN | $2,078,798 | $1,923,393 |
Casa Of The Fox Cities Inc Appleton, WI | $370,425 | $653,952 |
Wisconsin Academy Of Trial Lawyers Madison, WI | $974,898 | $617,805 |
L E Phillips Senior Center Inc Eau Claire, WI | $6,403,044 | $1,177,198 |
First Circuit Court Appointed Special Advocate Program Mitchell, SD | $439,270 | $617,507 |
Yes 4 Minneapolis Education Fund St Paul, MN | $0 | $440,000 |
Iowa Academy Of Trial Lawyers Des Moines, IA | $225,060 | $0 |
Wisconsin High School Forensic Association La Crosse, WI | $488,589 | $234,849 |
Legal Netlink Inc Oconomowoc, WI | $150,503 | $0 |
Seward Longfellow Restorative Justice Minneapolis, MN | $107,300 | $0 |
American Academy Of Matrimonial Lawyers Plymouth, MN | $79,316 | $0 |
Lewis Central Booster Club Inc Council Bluffs, IA | $168,125 | $155,850 |