Ghr Foundation
- Assets
- $0.0
- Revenue
- $96.7m
- Investments
- $1.0b
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 08/2013
- Data as of
- 12/2021
- EIN
- 45-3996122
Organization Overview
Ghr Foundation is located in Minneapolis, MN. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ghr 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, Ghr Foundation generated $96.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (29.6%) each year. All expenses for the organization totaled $58.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Ghr Foundation has awarded 988 individual grants totaling $230,575,745. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
PREPARATION (TRANSLATION AND EDITING) OF NECESSARY TEXTS AND MATERIALS INTO ENGLISH, SPANISH, ARABIC, PORTUGUESE, ITALIAN, GERMAN OR FRENCH FOR THE LOCAL CHURCH AND ROMAN CURIA TO ENABLE THE MISSION OF PROMOTING INTEGRAL HUMAN DEVELOPMENT.
CONSULTANTS PROVIDED SUPPORT TO RESPECTIVE ROMAN CURIA OFFICES TO HELP FURTHER THE CHARITABLE MISSION OF THOSE OFFICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy R Goldman President & Director | 40 | $282,063 | |
Fred Miller Vice President | 40 | $380,935 | |
Suzanne Flannigan Chief Financial Officer & Treasurer | 40 | $339,415 | |
Kathryn Seng 1122-91522 Secretary | 40 | $195,980 | |
Amelia Corl 91522-123122 Secretary/managing Director | 40 | $240,656 | |
Mark Rauenhorst Vice Chair | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Peter C Bisanz | 12/30/22 | $190,000 |
Atomic Data Llc | 12/30/22 | $226,707 |
Bloomberg Finance Lp | 12/30/22 | $84,720 |
Givingdata Llc | 12/30/22 | $76,200 |
Taft Stettinius & Hollister Llp | 12/30/22 | $73,995 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,558,140 |
| Interest on Savings | $5,957,581 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $75,639,257 |
| Total Revenue | $96,660,142 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,287,798 |
| Pension plans, employee benefits | $0 |
| Depreciation | $316,089 |
| Occupancy | $485,334 |
| Travel, conferences, and meetings | $102,888 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $13,559,518 |
| Contributions, gifts, grants paid | $44,831,166 |
| Total expenses and disbursements | $58,390,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,005,184,966 |
| Other assets | $28,000,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,172,475 |
Grants Awarded
Over the last fiscal year, Ghr Foundation has awarded $72,928,788 in support to 243 organizations.
| Grant Recipient | Amount |
|---|---|
A NUN'S LIFE MINISTRY PURPOSE: BUILDING DIVERSITY AND PARTNERSHIPS IN VOCATION MINISTRY VIA THE INTERNET | $105,750 |
ACHIEVEMENT NETWORK PURPOSE: INSTRUCTIONAL MATERIALS IMPLEMENTATION AND SELECTION AND RACIAL JUSTICE COACHING | $345,000 |
AFRICAN AMERICAN LEADERSHIP FORUM PURPOSE: CORE SUPPORT TO THE ALLIANCE OF ALLIANCES | $100,000 |
AFRICAN AMERICAN LEADERSHIP FORUM PURPOSE: CORE SUPPORT TO THE ALLIANCE OF ALLIANCES | $200,000 |
ALIA PURPOSE: ANTI-RACISM TOOLKIT DEVELOPMENT | $20,000 |
ALIGHT PURPOSE: MN AFGHAN REFUGEE RESETTLEMENT | $10,000 |