Ankeny Foundation
- Assets
- $3.6m
- Revenue
- $1.9m
- Investments
- $3.5m
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- 08/1964
- Data as of
- 03/2023
- EIN
- 41-6024188
Organization Overview
Ankeny Foundation is located in Minnetonka, MN. The organization was established in 1964. 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. Ankeny 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 03/2023, Ankeny Foundation generated $1.9m in total revenue. All expenses for the organization totaled $279.2k during the year ending 03/2023. While expenses have increased by 54.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ankeny Foundation has awarded 31 individual grants totaling $605,750. 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 |
|---|---|---|---|
Don Ankeny President | 0 | $0 | |
Phil Ankeny Secretary & Treasurer | 0 | $0 | |
Harriet Chute Trustee | 0 | $0 | |
Sarah Reiley Trustee | 0 | $0 | |
Charles W Ankeny Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,824,008 |
| Interest on Savings | $0 |
| Dividends & Interest | $106,153 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$49,736 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,880,425 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,410 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,084 |
| Total operating and administrative expenses | $37,691 |
| Contributions, gifts, grants paid | $241,500 |
| Total expenses and disbursements | $279,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,316 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,594,346 |
| 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 | $4,686 |
| Total liabilities | $4,686 |
Grants Awarded
Over the last fiscal year, Ankeny Foundation has awarded $241,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
CUREBOUND PURPOSE: GENERAL OPERATIONS | $60,000 |
STANFORD BUSINESS SCHOOL PURPOSE: GENERAL OPERATIONS | $10,000 |
WASHINGTON & LEE UNIVERSITY PURPOSE: GENERAL OPERATIONS | $13,000 |
GLOBAL MINNESOTA PURPOSE: GENERAL OPERATIONS | $1,000 |
TRUSTEES OF DARTMOUTH COLLEGE PURPOSE: GENERAL OPERATIONS | $105,500 |
LIVESTRONG PURPOSE: GENERAL OPERATIONS | $5,000 |