Harold W & Leone L Godbersen Family Foundation

Organization Overview

Harold W & Leone L Godbersen Family Foundation is located in Ida Grove, IA. The organization was established in 1988. 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. Harold W & Leone L Godbersen 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 12/2021, Harold W & Leone L Godbersen Family Foundation generated $174.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $133.9k during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 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 2016, Harold W & Leone L Godbersen Family Foundation has awarded 19 individual grants totaling $534,547. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE FINANCIAL ASSISTANCE TO THE COMMUNITY TO HELP ADVANCE AND DEVELOP OUR YOUTH.


PROVIDE BATTLE CREEK/IDA GROVE STUDENT SCHOLARSHIPS TO PROMOTE AND FOSTER EDUCATION IN OUR YOUTH.


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)Compensation
Sharon Godbersen
Director
$0
Gary Godbersen
Director
$0
Ed Jacobson
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,020
Dividends & Interest $47,594
Net Rental Income$0
Net Gain on Sale of Assets $125,164
Capital Gain Net Income $125,164
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $872
Total Revenue $174,650

Grants Awarded

Over the last fiscal year, Harold W & Leone L Godbersen Family Foundation has awarded $112,690 in support to 4 organizations.

Grant RecipientAmount

BATTLE CREEKIDA GROVE STUDENT SCHOLARSHIPS

PURPOSE: SCHOLARSHIPS

$66,000

CITY OF IDA GROVE

PURPOSE: BASKETBALL COURTS AT CITY PARK

$40,000

CITY OF IDA GROVE

PURPOSE: PORTABLE PITCHING MOUND FOR BALLFIELDS

$4,190

JON LAGESCHULTE MEMORIAL TRACK FUND

PURPOSE: EQUIPMENT FOR THE OABCIG TRACK FACILITY

$2,500
View Grant Profile

Create an account to unlock the data you need.

or