Noble Foundation
- Assets
- $19.8m
- Revenue
- $4.9m
- Investments
- $18.4m
- Employees
- 0
- Location
- West Des Moines, IA
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 42-1427324
Organization Overview
Noble Foundation is located in West Des Moines, IA. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noble 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, Noble Foundation generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Noble Foundation has awarded 90 individual grants totaling $1,906,700. 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 |
|---|---|---|---|
Cynthia L Noble Director | 0.1 | $0 | |
Jeffery D Noble Director | 0.1 | $0 | |
Jonine L Noble Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $325,662 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,555,754 |
| Capital Gain Net Income | $4,555,754 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,920 |
| Total Revenue | $4,885,336 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $99,995 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,242 |
| Printing and publications | $0 |
| Other expenses | $1,210 |
| Total operating and administrative expenses | $232,760 |
| Contributions, gifts, grants paid | $1,105,500 |
| Total expenses and disbursements | $1,338,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,332,449 |
| Net Accounts receivable | $22,705 |
| 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 | $18,506 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,759,305 |
| Accounts payable and accrued expenses | $3,012 |
| Grants payable | $3,500 |
| 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 | $6,512 |
Grants Awarded
Over the last fiscal year, Noble Foundation has awarded $1,105,500 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
LAKESIDE HOSPICE INC PURPOSE: GENERAL SUPPORT | $15,000 |
ANGIE'S DOG HOUSE PURPOSE: GENERAL SUPPORT | $2,000 |
ON WITH LIFE PURPOSE: GENERAL SUPPORT | $250,000 |
DRAKE UNIVERSITY PURPOSE: GENERAL SUPPORT | $250,000 |
ASPCI PURPOSE: GENERAL SUPPORT | $6,000 |
CHRISTIAN LOVE PANTRY PURPOSE: GENERAL SUPPORT | $25,000 |