Tradition Family Foundation
- Assets
- $52.5k
- Revenue
- $53.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeville, MN
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 41-1958548
Organization Overview
Tradition Family Foundation is located in Lakeville, MN. The organization was established in 2001. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. Tradition Family 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, Tradition Family Foundation generated $53.9k 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 (7.7%) each year. All expenses for the organization totaled $762.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Tradition Family Foundation has awarded 292 individual grants totaling $2,320,370. 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.
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 |
|---|---|---|---|
Leah D Hendrikson Trustee | 1 | $0 | |
Diane L Enebak Trustee | 1 | $0 | |
Rebecca L Enebak Trustee | 1 | $0 | |
Erik G Hendrikson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $3,859 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Total Revenue | $53,859 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $1,675 |
| Contributions, gifts, grants paid | $761,176 |
| Total expenses and disbursements | $762,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,491 |
| 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 | $52,491 |
| 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, Tradition Family Foundation has awarded $761,176 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
360 COMMUNITIES PURPOSE: GENERAL DONATION | $400 |
ADULT & TEEN CHALLENGE PURPOSE: GENERAL DONATION | $1,000 |
AGAPE CHRISTI ACADEMY PURPOSE: GENERAL DONATION | $250 |
BITTY KITTY BRIGADE PURPOSE: GENERAL DONATION | $500 |
BIO GIRLS PURPOSE: GENERAL DONATION | $1,000 |
BREAST CANCER RESEARCH FOUNDATION PURPOSE: GENERAL DONATION | $250 |