Terhuly Foundation
- Assets
- $11.7m
- Revenue
- $156.2k
- Investments
- $2.1m
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 10/1995
- Data as of
- 12/2022
- EIN
- 41-1818562
Organization Overview
Terhuly Foundation is located in Roseville, MN. The organization was established in 1995. 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. Terhuly 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 12/2022, Terhuly Foundation generated $156.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $22.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (25.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Terhuly Foundation has awarded 209 individual grants totaling $917,500. 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 |
|---|---|---|---|
Lynn M Schilling Brown President | 1 | $0 | |
Hugh K Schilling Jr Vice President | 0.5 | $0 | |
Terry L Schilling Gilberstadt Secretary/treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $134,636 |
| Dividends & Interest | $56,271 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$34,700 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $156,207 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $109 |
| Total operating and administrative expenses | $22,214 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $22,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,626,333 |
| Savings and temporary cash investments | $50,649 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $6,993,489 |
| 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 | $11,730,251 |
| 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, Terhuly Foundation has awarded $60,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED THEOLOGICAL SEMINARY OF TWIN CITIES PURPOSE: PROGRAM SUPPORT | $5,000 |
THE FOOD GROUP (FNA) EMERGENCY FOOD NETWORK PURPOSE: PROGRAM SUPPORT | $5,000 |
HAZELDEN BETTY FORD FOUNDATION PURPOSE: PROGRAM SUPPORT/KIDS PROGRAM | $20,000 |
EAGLE BLUFF PURPOSE: PROGRAM SUPPORT | $20,000 |
MINNESOTA HISTORICAL SOCIETY PURPOSE: PROGRAM SUPPORT | $5,000 |
JUNIOR ACHIEVEMENT PURPOSE: PROGRAM SUPPORT | $5,000 |