Pamela Bakken Foundation
- Assets
- $1.7m
- Revenue
- $58.7k
- Investments
- $1.7m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/1996
- Data as of
- 12/2023
- EIN
- 41-1850599
Organization Overview
Pamela Bakken Foundation is located in Minneapolis, MN. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pamela Bakken 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, Pamela Bakken Foundation generated $58.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $88.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pamela Bakken Foundation has awarded 51 individual grants totaling $288,900. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,367 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,286 |
| Capital Gain Net Income | $17,286 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,653 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,356 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $23,859 |
| Contributions, gifts, grants paid | $64,400 |
| Total expenses and disbursements | $88,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,451 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $1,714,271 |
| 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, Pamela Bakken Foundation has awarded $64,400 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ADOPT A HUSKY MINNESOTA PURPOSE: GENERAL OPERATING | $5,000 |
CAP AGENCY OF SCOTT CARVER & DAKOTA COUNTIES PURPOSE: GENERAL OPERATING | $2,000 |
CEDAR LAKE CONSERVATION CLUB PURPOSE: GENERAL OPERATING | $1,000 |
GOLDEN GOPHER FUND PURPOSE: GENERAL OPERATING | $12,400 |
PRIOR LAKE ASSOCIATION PURPOSE: GENERAL OPERATING | $1,000 |
MINNESOTA STATE FAIR FOUNDATION PURPOSE: GENERAL SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of The Black Hills Rapid City, SD | $8,858,670 | $1,928,781 |
Williamsburg Community School District Foundation Williamsburg, IA | $640,715 | $1,002,424 |
Tr Uw Of Jacob R Marcus Fbo Nettie And Merle J Marcus Memorial Milwaukee, WI | $3,950,061 | -$136,757 |
Van Beek Family Foundation Hudson, SD | $9,577,238 | $109,501 |
Mary Clara Allison Charitable Trust Milwaukee, WI | $2,754,289 | $79,304 |
Pamela Bakken Foundation Minneapolis, MN | $1,714,271 | $58,653 |
Eleanor Boston Unitrust 232870h Milwaukee, WI | $896,059 | $35,383 |
Trogdon Charitable Trust 742870cc Fbo Milwaukee, WI | $380,597 | $40,747 |
Florence M Trow Trust Beloit, WI | $229,380 | $5,194 |
Bittar Family Foundation Verona, WI | $0 | $0 |