Bethel College And Seminary Foundation Pooled Common Fund
- Assets
- $1.7m
- Revenue
- $24.3k
- Investments
- $1.6m
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 09/1995
- Data as of
- 12/2022
- EIN
- 41-1815788
Organization Overview
Bethel College And Seminary Foundation Pooled Common Fund is located in Saint Paul, MN. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bethel College And Seminary Foundation Pooled Common 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 12/2022, Bethel College And Seminary Foundation Pooled Common Fund generated $24.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $98.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bethel College And Seminary Foundation Pooled Common Fund has awarded 24 individual grants totaling $606,398. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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 |
|---|---|---|---|
Angella Hjelle Executive Director | 0 | $0 | |
Martin Anderson Controller | 0 | $0 | |
Leslie Chapman Chair | 0 | $0 | |
Linda Goodwin Secretary | 0 | $0 | |
Jody Kobbervig Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $55 |
| Dividends & Interest | $46,096 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$21,890 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,261 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,153 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,834 |
| Contributions, gifts, grants paid | $92,269 |
| Total expenses and disbursements | $98,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,410 |
| Savings and temporary cash investments | $0 |
| 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 | $1,645,053 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,686,463 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $92,269 |
| 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 | $92,269 |
Grants Awarded
Over the last fiscal year, Bethel College And Seminary Foundation Pooled Common Fund has awarded $206,886 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BETHEL UNIVERSITY PURPOSE: GENERAL FUND | $46,155 |
CALVARY CHURCH NORTHWOODS PURPOSE: GENERAL FUND | $18,463 |
FAMILY RESEARCH COUNCIL PURPOSE: GENERAL FUND | $20,000 |
WESTWOOD COMMUNITY CHURCH PURPOSE: GENERAL FUND | $20,000 |
YOUNG LIFE PURPOSE: GENERAL FUND | $10,000 |
BETHEL UNIVERSITY PURPOSE: GENERAL FUND | $5,567 |