Max And Helen Guernsey Charitable Foundation
- Assets
- $0.0
- Revenue
- $3.2m
- Investments
- $40.8m
- Employees
- 0
- Location
- Cedar Falls, IA
- Founding
- 02/1997
- Data as of
- 06/2022
- EIN
- 42-1460664
Organization Overview
Max And Helen Guernsey Charitable Foundation is located in Cedar Falls, IA. 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. Max And Helen Guernsey 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.
For the year ending 06/2022, Max And Helen Guernsey Charitable Foundation generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 5.7% per year over the past 4 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, Max And Helen Guernsey Charitable Foundation has awarded 510 individual grants totaling $8,918,100. 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 |
|---|---|---|---|
Thomas R Paulsen Finance Committee Chair | 1 | $10,500 | |
Gary Nelson Trustee Chair | 1 | $9,000 | |
Harold B Strever Jr Admin Committee Chair | 1 | $10,500 | |
Lois M Johnson Secretary | 1 | $10,000 | |
Soo Greiman Trustee | 1 | $10,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $97,650 |
| Dividends & Interest | $726,272 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,480,175 |
| Total Revenue | $3,244,248 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $52,520 |
| Pension plans, employee benefits | $2,400 |
| Depreciation | $6,961 |
| Occupancy | $16,758 |
| Travel, conferences, and meetings | $151 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $855,472 |
| Contributions, gifts, grants paid | $1,820,000 |
| Total expenses and disbursements | $2,675,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,903,166 |
| Other assets | $73,556 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $53,601 |
Grants Awarded
Over the last fiscal year, Max And Helen Guernsey Charitable Foundation has awarded $2,560,800 in support to 136 organizations.
| Grant Recipient | Amount |
|---|---|
319 EMPOWERMENT PURPOSE: OPERATING SUPPORT | $17,500 |
A CUP OF WATER MINISTRIES PURPOSE: COMMUNITY MEAL PROGRAM | $10,000 |
ALL IN MENTORING PURPOSE: OPERATING SUPPORT | $25,000 |
ALLEN COLLEGE PURPOSE: ACE/SAP FREE CLINIC PROGRAM | $5,000 |
ALLEN MEMORIAL HOSPITAL CORP PURPOSE: FAMILY RESIDENCE PROGRAM | $12,500 |
AMERICANS FOR INDEPENDENT LIVING PURPOSE: OPERATING SUPPORT | $30,000 |