James W And Frances M Ackerman Charitable Foundation
- Assets
- $755.5k
- Revenue
- -$8.5k
- Investments
- $742.2k
- Employees
- 0
- Location
- Fort Dodge, IA
- Founding
- 03/1994
- Data as of
- 12/2022
- EIN
- 42-1412905
Organization Overview
James W And Frances M Ackerman Charitable Foundation is located in Fort Dodge, IA. The organization was established in 1994. 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. James W And Frances M Ackerman Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, James W And Frances M Ackerman Charitable Foundation has awarded 137 individual grants totaling $364,250. 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 |
|---|---|---|---|
James R Bocken President | 0 | $0 | |
Kathy Bocken Secretarty | 0 | $0 | |
Thomas G Schnurr Director | 0 | $0 | |
Greg Bocken Treasurer | 0 | $0 | |
Brian Bocken Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,628 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$36,110 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$8,482 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,218 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $8,491 |
| Contributions, gifts, grants paid | $58,500 |
| Total expenses and disbursements | $66,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,361 |
| 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 | $755,539 |
| 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, James W And Frances M Ackerman Charitable Foundation has awarded $58,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ALS ASSOCIATION OF IOWA PURPOSE: GENERAL SUPPORT | $2,500 |
FORT DODGE COMMUNITY SCHOOL FOUNDATION PURPOSE: SCHOLARSHIPS | $16,500 |
IOWA CENTRAL COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $2,000 |
FRIENDS OF ST EDMOND BALL PURPOSE: TO SUPPORT CATHOLIC EDUCATION | $5,000 |
ST EDMONDS SCHOOL PURPOSE: GENERAL SUPPORT | $26,500 |
IOWA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $3,000 |