Charles K Blandin Foundation
- Assets
- $0.0
- Revenue
- $25.8m
- Investments
- $45.5m
- Employees
- 0
- Location
- Grand Rapids, MN
- Founding
- 11/1944
- Data as of
- 12/2021
- EIN
- 41-6038619
Organization Overview
Charles K Blandin Foundation is located in Grand Rapids, MN. The organization was established in 1944. 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. Charles K Blandin 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 12/2021, Charles K Blandin Foundation generated $25.8m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $20.4m during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 3 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, Charles K Blandin Foundation has awarded 3,957 individual grants totaling $71,330,463. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARLES K. BLANDIN FOUNDATION IS A RURAL-BASED, RURAL-FOCUSED PRIVATE U.S. FOUNDATION. WE SUPPORT RURAL COMMUNITIES THROUGHOUT MINNESOTA, EMPOWERING THEM TO PROMOTE DIVERSITY AND EMBRACE SUSTAINABILITY AND EQUITY. WE CENTER EQUITY OF PLACE, RACE AND CLASS IN OUR WORK AND IN OUR GRANTMAKING TO NONPROFITS, GOVERNMENT, EDUCATIONAL INSTITUTIONS AND NATIVE GOVERNMENTS.COMMUNITY LEADERSHIP DEVELOPMENT: THIS NATIONALLY RECOGNIZED PROGRAM BUILT COMPETENCIES IN THREE MAJOR AREAS: (1) FRAMING OPPORTUNITIES AND CHALLENGES THAT LEAD TO EFFECTIVE ACTION; (2) BUILDING SOCIAL CAPITAL FOR COLLABORATION AND RESOURCE SHARING; AND (3) MOBILIZING A CRITICAL MASS OF RESOURCES TO ACHIEVE SPECIFIC OUTCOMES. THE PROGRAM WENT THROUGH AN EXTENSIVE EVALUATION IN 2021 AND 2022 TO UNDERSTAND HOW RURAL LEADERS MAY BE BEST SUPPORTED IN THE FUTURE.
PUBLIC POLICY AND ENGAGEMENT: PART OF STRENGTHENING RURAL MINNESOTA IS HELPING ASSURE RURAL PERSPECTIVES ARE WELL REPRESENTED IN PUBLIC DISCOURSE. THE FOUNDATION CONVENED AND PARTICIPATED IN PUBLIC POLICY CONVERSATIONS ON ISSUES MOST IMPORTANT TO THE HEALTH OF RURAL MINNESOTA COMMUNITIES. THE FOUNDATION BEGAN TO WIND DOWN ITS BROADBAND AND STUDENT SUCCESS FOCUS AREAS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Birkey Trustee | 2.5 | $26,400 | |
Kayla Aubid Trustee/dei Comm Chair Until 2/15/2022 | 3 | $0 | |
Guy P Clairmont Jr Trustee/finance And Invest | 3 | $27,400 | |
Laura Connelly Trustee | 2.5 | $26,400 | |
Dr Kandace Creel Falcon Trustee/gov Com Chair | 3 | $24,800 | |
Dustin Goslin Trustee/board Vice Chair | 3.5 | $26,400 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rsm Us Llp | 12/30/22 | $106,043 |
Treacy Information Services | 12/30/22 | $94,242 |
Marco Technologies Llc | 12/30/22 | $87,716 |
Feg Investment Advisors | 12/30/22 | $72,062 |
Taft Stettinius & Hollister Llp | 12/30/22 | $69,650 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,494,643 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,440,706 |
| Profit on Inventory Sales | $0 |
| Other Income | $29,590 |
| Total Revenue | $25,783,880 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,217,055 |
| Pension plans, employee benefits | $978,946 |
| Depreciation | $305,186 |
| Occupancy | $139,369 |
| Travel, conferences, and meetings | $116,637 |
| Printing and publications | $4,928 |
| Total operating and administrative expenses | $6,768,565 |
| Contributions, gifts, grants paid | $13,596,258 |
| Total expenses and disbursements | $20,364,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,008,125 |
| Other assets | $490,282,695 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Charles K Blandin Foundation has awarded $26,913,222 in support to 1,214 organizations.
| Grant Recipient | Amount |
|---|---|
ADVOCATES FOR FAMILY PEACE PURPOSE: MATCHING GIFT CONTRIBUTION IN ITASCA COUNTY | $2,000 |
ADVOCATES FOR FAMILY PEACE PURPOSE: MATCHING GIFT CONTRIBUTION IN ITASCA COUNTY | $100 |
ADVOCATES FOR FAMILY PEACE PURPOSE: OPERATING SUPPORT IN 2022-23 TO PROMOTE SAFETY, EQUITY AND PEACE TO FAMILIES EXPERIENCING DOMESTIC ABUSE IN ITASCA COUNTY | $50,000 |
ADVOCATES FOR FAMILY PEACE PURPOSE: MATCHING GIFT CONTRIBUTION IN ITASCA COUNTY | $400 |
ARROWHEAD ECONOMIC OPPORTUNITY AGENCY PURPOSE: PROJECT SUPPORT FOR THE ADULT SCHOLARSHIP PROGRAM IN ITASCA COUNTY | $185,000 |
BIGFORK IMPROVEMENT GROUP PURPOSE: CAPITAL SUPPORT FOR A LEADERSHIP BOOST GRANT IN BIGFORK IN ITASCA COUNTY | $100,000 |