Caliber Foundation
- Assets
- $330.7k
- Revenue
- $8.8k
- Investments
- $289.8k
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 07/1997
- Data as of
- 12/2023
- EIN
- 41-1893491
Organization Overview
Caliber Foundation is located in Minneapolis, MN. The organization was established in 1997. 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. Caliber 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, Caliber Foundation generated $8.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $45.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Caliber Foundation has awarded 188 individual grants totaling $698,596. 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 |
|---|---|---|---|
John Lavander President | 1 | $0 | |
Nancy Owen Treasurer | 1 | $0 | |
Nancy Lavander Seeger Secretary | 0.25 | $0 | |
David Lavander Director | 0.25 | $0 | |
Thomas Lavander Director | 0.25 | $0 | |
Bradley Lavander Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20 |
| Dividends & Interest | $7,754 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,060 |
| Capital Gain Net Income | $1,060 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,834 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $181 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,159 |
| Contributions, gifts, grants paid | $40,700 |
| Total expenses and disbursements | $45,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,918 |
| 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 | $289,826 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $330,744 |
| 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, Caliber Foundation has awarded $40,700 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION PURPOSE: GENERAL USE OF THE CHARITY | $2,500 |
AEON PURPOSE: GENERAL USE OF THE CHARITY | $3,000 |
ISANTI COUNTY HISTORICAL SOCIETY PURPOSE: GENERAL USE OF THE CHARITY | $6,000 |
FAMILY PATHWAYS PURPOSE: GENERAL USE OF THE CHARITY | $500 |
LOAVES AND FISHES PURPOSE: GENERAL USE OF THE CHARITY | $2,000 |
MINNESOTA INDEPENDENCE COLLEGE PURPOSE: GENERAL USE OF THE CHARITY | $8,000 |