Wynn And Pamela Kearney Foundation
- Assets
- $831.1k
- Revenue
- $34.4k
- Investments
- $228.4k
- Employees
- 0
- Location
- Mankato, MN
- Founding
- 05/1998
- Data as of
- 12/2023
- EIN
- 41-1877213
Organization Overview
Wynn And Pamela Kearney Foundation is located in Mankato, MN. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Wynn And Pamela Kearney 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, Wynn And Pamela Kearney Foundation generated $34.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $9.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wynn And Pamela Kearney Foundation has awarded 139 individual grants totaling $290,054. 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 |
|---|---|---|---|
R Wynn Kearney Jr President/ Sec/ Treas | 2 | $0 | |
Ginnette Kearney Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,030 |
| Net Rental Income | $0 |
| 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 | $13,355 |
| Total Revenue | $34,385 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $157 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72 |
| Total operating and administrative expenses | $2,329 |
| Contributions, gifts, grants paid | $7,480 |
| Total expenses and disbursements | $9,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $601,516 |
| Savings and temporary cash investments | $1,167 |
| 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 | $228,418 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $831,101 |
| 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, Wynn And Pamela Kearney Foundation has awarded $7,480 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AUGSBURG UNIVERSITY PURPOSE: GENERAL OPERATIONS | $1,000 |
MINNESOTA DOCTORS OF PEOPLE PURPOSE: GENERAL OPERATIONS | $2,000 |
RIP MEDICAL DEPARTMENT PURPOSE: GENERAL OPERATIONS | $500 |
UNIVERSITY OF MINNESOTA ATHLETICS PURPOSE: ATHLETICS AND GENERAL OPERATIONS | $3,480 |
FLATHEAD LAKE BIOLOGICAL STATION PURPOSE: LAKE PRESERVATION | $500 |