Sacred Portion Foundation
- Assets
- $2.7m
- Revenue
- $5.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, MN
- Founding
- 12/1995
- Data as of
- 12/2021
- EIN
- 41-1825330
Organization Overview
Sacred Portion Foundation is located in Rockford, 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. Sacred Portion 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 12/2021, Sacred Portion Foundation generated $5.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (37.9%) each year. All expenses for the organization totaled $305.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sacred Portion Foundation has awarded 43 individual grants totaling $1,135,948. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAINTAINS A FARM AND RETREAT CENTER TO BE USED BY RELIGIOUS AFFILIATED GROUPS SPONSORING RETREATS IN FURTHERANCE OF THE FOUNDATIONS' EXEMPT PURPOSE OF SUPPORT
AND ENCOURAGEMENT OF CHRISTIAN MINISTRIES AND PROMOTION OF CHRISTIAN VALUES.
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 |
|---|---|---|---|
Nancy E Clark Executive Director | 1 | $0 | |
John L Clark President | 1 | $0 | |
David A Clark Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $5,801 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,801 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,254 |
| Depreciation | $114,392 |
| Occupancy | $94,770 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,174 |
| Total operating and administrative expenses | $230,840 |
| Contributions, gifts, grants paid | $74,800 |
| Total expenses and disbursements | $305,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $205,741 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,494,563 |
| Other assets | $0 |
| Total assets | $2,700,304 |
| 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, Sacred Portion Foundation has awarded $74,800 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
YOUTH WITH A MISSION - MINNEAPOLIS PURPOSE: MISSIONARY TRAINING | $42,000 |
Garden Valley, TX PURPOSE: MISSION WORK | $23,200 |
SERVANTS FOR CENTRAL ASIA PURPOSE: MISSION WORK | $7,200 |
CHURCH OF THE GOD WORLD MISSIONS PURPOSE: MISSION WORK | $2,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Manitou Fund White Bear Lake, MN | $1,003,593,689 | $40,882,622 |
Lynne & Andrew Redleaf Foundation Minneapolis, MN | $127,717,345 | $981,960 |
Northwest Area Foundation St Paul, MN | $512,755,007 | $38,144,816 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Medtronic Communities Foundation Minneapolis, MN | $54,271,830 | $230,239 |
General Mills Foundation Minneapolis, MN | $0 | -$304,053 |
J A Wedum Foundation Plymouth, MN | $141,295,178 | $28,441,684 |
Bader Philanthropies Inc Milwaukee, WI | $26,809,232 | $30,829,351 |