Anderson Foundation is located in Greenwood, MN. The organization was established in 1999. 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. Anderson 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, Anderson Foundation generated $870.5k 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 (16.1%) each year. All expenses for the organization totaled $663.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Anderson Foundation has awarded 24 individual grants totaling $2,960,800. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Debra Anderson Director | 1 | $0 | |
Michael Anderson Director | 1 | $0 | |
Lillian Hohag Director | 1 | $0 | |
Patrick Brunner Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $553,211 |
Interest on Savings | $0 |
Dividends & Interest | $117,499 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $199,756 |
Capital Gain Net Income | $199,756 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $870,466 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $167,648 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $6,126 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $20,509 |
Printing and publications | $0 |
Other expenses | $707 |
Total operating and administrative expenses | $235,738 |
Contributions, gifts, grants paid | $427,500 |
Total expenses and disbursements | $663,238 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $146,833 |
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 | $1,024,062 |
Total assets | $3,943,269 |
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 |
Over the last fiscal year, Anderson Foundation has awarded $427,500 in support to 13 organizations.
Grant Recipient | Amount |
---|---|
HAITIAN EDUCATIONAL LEADERSHIP PROGRAM (HELP) PURPOSE: SPONSOR DR. ADAMS SCHOLARSHIP TO SUPPORT FEMALE STUDENT | $15,000 |
HEIFER INTERNATIONAL PURPOSE: SPONSOR RWANDA PRISM PROJECT | $50,000 |
BOUNTIFIELD INTERNATIONAL PURPOSE: SPONSOR SHE FEEDS AFRICA INITIATIVE | $40,000 |
MINNESOTA WOMEN'S FOUNDATION PURPOSE: GENERAL DONATION TO WOMEN FOUNDATION | $25,000 |
ASOCIACION MAIA PURPOSE: GENERAL DONATION TO SCHOOL FOR GIRLS | $10,000 |
THIRD EPISCOPAL DISTRICT PURPOSE: DONATION FOR NATIONAL WOMEN CHECKUP DAY INITIATIVE | $5,000 |