District 279 Foundation
- Assets
- $1.0m
- Revenue
- $177.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Maple Grove, MN
- Founding
- 04/1992
- Data as of
- 06/2021
- EIN
- 41-1705060
Organization Overview
District 279 Foundation is located in Maple Grove, MN. The organization was established in 1992. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2021, District 279 Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. District 279 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 06/2021, District 279 Foundation generated $177.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $112.5k during the year ending 06/2021. While expenses have increased by 7.0% per year over the past 6 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
DISTRICT 279 FOUNDATION SUPPORTS AND ENHANCES DEDICATION TO ALL STUDENTS IN INDEPENDENT SCHOOL DISTRICT NO. 279 (ISD 279). IN PARTNERSHIP WITH ISD 279, THE FOUNDATION'S VISION IS TO PROVIDE LEARNING OPPORTUNITIES FOR STUDENTS IN OSSEO AREA SCHOOLS BY FUNDING PROGRAMS, PROJECTS, AND OTHER OPPORTUNITIES THAT ARE NOT PRESENTLY AVAILABLE THROUGH THE DISTRICT'S BUDGET. THE FOUNDATION IS MADE UP OF COMPASSIONATE COMMUNITY MEMBERS WHO BELIEVE THAT THERE IS A MORAL, SOCIAL, AND ECONOMIC IMPERATIVE TO SUPPORT STUDENT SUCCESS AND EQUITABLE STUDENT ACHIEVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRICT 279 FOUNDATION SUPPORTS STUDENTS BY FUNDING INNOVATIVE AND CREATIVE PROJECTS THAT ENHANCE CURRICULUM, PROVIDE EXPERIENTIAL LEARNING OPPORTUNITIES, OR CONTRIBUTE TO THE COMMUNITY.
DISTRICT 279 FOUNDATION RECOGNIZES THE ACHIEVEMENTS OF STUDENTS AND STAFF IN INDEPENDENT SCHOOL DISTRICT NO. 279 - OSSEO AREA SCHOOLS AT THE INVESTMENT IN YOUTH CELEBRATION. THIS ANNUAL CELEBRATION RECOGNIZES INDIVIDUALS FROM EACH SITE FOR THEIR COMMITMENT AND DEDICATION TO OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gretchen Peel Immediate Past President | OfficerTrustee | 3 | $0 |
Kyle Peters Secretary | OfficerTrustee | 3 | $0 |
Heather Ayer Vice President | OfficerTrustee | 3 | $0 |
Joseph Anton President | OfficerTrustee | 3 | $0 |
Jason Bauerly Treasurer | OfficerTrustee | 5 | $0 |
Kelly Wilson Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,407 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,307 |
| Total Program Service Revenue | $10,282 |
| Investment income | $12,731 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,556 |
| Net Income from Fundraising Events | $50,305 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,129 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,909 |
| 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 | $54,270 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,260 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,306 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $567 |
| Insurance | $716 |
| All other expenses | $0 |
| Total functional expenses | $112,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,628 |
| Savings and temporary cash investments | $558,911 |
| 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 | $1,406 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $354,708 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $105,845 |
| Total assets | $1,034,498 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $684,650 |
| Net assets with donor restrictions | $349,848 |
| 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 | $1,034,498 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that District 279 Foundation has recieved totaling $16,043.
| Awarding Organization | Amount |
|---|---|
International Association Of Lions Clubs Maple Grove, MN PURPOSE: EDUCATION ASSOSTANCE | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,770 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $273 |
Endowment Analysis
| Beg. Balance | $323,974 |
| Earnings | $15,991 |
| Net Contributions | $4,744 |
| Grants | $4,412 |
| Ending Balance | $340,297 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wonderful Foundations Minneapolis, MN | $335,018,950 | $18,325,687 |
Northern School District Tr Nsdt Ashland, WI | $7,100,055 | $19,700,380 |
Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee Des Moines, IA | $75,894,378 | $21,812,028 |
P E O Foundation Des Moines, IA | $140,487,423 | $16,863,604 |
Drexel Funds Milwaukee, WI | $18,531,220 | $8,522,964 |
North Central States Regional Council Of Carpenters Trng Fund Eau Claire, WI | $10,404,488 | $4,232,713 |
Sand County Foundation Inc Madison, WI | $15,482,706 | $6,154,396 |
Life Time Foundation Chanhassen, MN | $2,791,059 | $2,904,635 |
City Forward Collective Inc Milwaukee, WI | $6,717,920 | $2,212,895 |
Via-Bradely College Of Engineering Foundation Sioux Falls, SD | $33,602,136 | $3,151,765 |
Madison Area Technical College Foundation Inc Madison, WI | $19,547,707 | $4,171,287 |
Des Moines Area Community College Foundation Ankeny, IA | $21,577,534 | $4,357,178 |