Jane & Archie Black Foundation
- Assets
- $5.2m
- Revenue
- $919.2k
- Investments
- $4.4m
- Employees
- 0
- Location
- Golden Valley, MN
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 41-6426986
Organization Overview
Jane & Archie Black Foundation is located in Golden Valley, 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. Jane & Archie Black 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, Jane & Archie Black Foundation generated $919.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $880.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jane & Archie Black Foundation has awarded 138 individual grants totaling $4,378,282. 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 |
|---|---|---|---|
Jane Mcdonald Black Trustee | 25 | $0 | |
Archie Black Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $134,418 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $784,830 |
| Capital Gain Net Income | $784,830 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $919,248 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,735 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,511 |
| Printing and publications | $0 |
| Other expenses | $16,000 |
| Total operating and administrative expenses | $24,241 |
| Contributions, gifts, grants paid | $855,823 |
| Total expenses and disbursements | $880,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $763,846 |
| 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 | $3,070,956 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,176,765 |
| 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, Jane & Archie Black Foundation has awarded $855,823 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AIM HIGHER FOUNDATION PURPOSE: CHARITABLE | $30,000 |
BARR CENTER PURPOSE: CHARITABLE | $102,415 |
BENILDE ST MARGARET'S PURPOSE: CHARITABLE | $26,432 |
CATHOLIC RELIEF SERVICES PURPOSE: CHARITABLE | $140,000 |
CRISTO REY PURPOSE: CHARITABLE | $50,000 |
EDALLIES PURPOSE: CHARITABLE | $116,099 |