Robert E Fraser Foundation
- Assets
- $3.0m
- Revenue
- $262.1k
- Investments
- $2.8m
- Employees
- 0
- Location
- Maple Grove, MN
- Founding
- 06/1992
- Data as of
- 12/2023
- EIN
- 41-1710355
Organization Overview
Robert E Fraser Foundation is located in Maple Grove, MN. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert E Fraser 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, Robert E Fraser Foundation generated $262.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $275.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Robert E Fraser Foundation has awarded 51 individual grants totaling $725,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George P Fraser Vice President, Director | 1 | $18,000 | |
Diane Carlson Vice President, Treas., Di | 1 | $18,000 | |
Emily Brown Director | 1 | $4,000 | |
Stuart Carlson Director | 1 | $4,000 | |
Gwendolyn Carlson Director | 1 | $4,000 | |
Edwin Chanin President | 3 | $18,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $108,310 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $132,965 |
| Capital Gain Net Income | $132,965 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,809 |
| Total Revenue | $262,084 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,886 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,595 |
| Total operating and administrative expenses | $95,436 |
| Contributions, gifts, grants paid | $180,000 |
| Total expenses and disbursements | $275,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $208,484 |
| 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 | $2,119,604 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $346 |
| Total assets | $3,018,247 |
| 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, Robert E Fraser Foundation has awarded $180,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BOLDER OPTIONS PURPOSE: GENERAL CHARITABLE PURPOSES | $15,000 |
CORNERHOUSE PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
HOSPITALITY HOUSE PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |
MY VERY OWN BED PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
RS EDEN PURPOSE: GENERAL CHARITABLE PURPOSES | $15,000 |
WASHBURN CENTER FOR CHILDREN PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |