Foothills Foundation
- Assets
- $1.0m
- Revenue
- $29.0k
- Investments
- $987.0k
- Employees
- 0
- Location
- Shoreview, MN
- Founding
- 08/2012
- Data as of
- 12/2023
- EIN
- 45-4595181
Organization Overview
Foothills Foundation is located in Shoreview, MN. The organization was established in 2012. 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. Foothills 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 12/2023, Foothills Foundation generated $29.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $65.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foothills Foundation has awarded 154 individual grants totaling $475,706. 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 |
|---|---|---|---|
Kara L Johnson President | 2 | $0 | |
Michael A Johnson Vp, Sec, Treas, Director | 1 | $0 | |
Tressa L Johnson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,976 |
| Dividends & Interest | $31,842 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,775 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,043 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $238 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,481 |
| Total operating and administrative expenses | $12,306 |
| Contributions, gifts, grants paid | $52,705 |
| Total expenses and disbursements | $65,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,902 |
| 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 | $196,065 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,041,922 |
| 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, Foothills Foundation has awarded $52,705 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ALPHA GAMMA DELTA PURPOSE: GENERAL CHARITABLE PURPOSES. | $514 |
AMERICAN RED CROSS PURPOSE: DISASTER RELIEF, HUMANITARIAN EFFORTS | $8,000 |
HOPE ACADEMY PURPOSE: SUPPORT THE EDUCATION AND DEVELOPMENT OF INNER-CITY YOUTH | $9,000 |
INCARNATION LUTHERAN CHURCH PURPOSE: WORLD HUNGER, HABITAT FOR HUMANITY, GENERAL CHARITABLE PURPOSES | $7,210 |
LAKESHORE PLAYERS THEATER PURPOSE: PROVIDE ENTERTAINMENT, EDUCATION AND ENRICHMENT THROUGH PERFORMANCING ARTS. | $1,000 |
LUTHERAN SOCIAL SERVICE PURPOSE: HELP SUPPORT LIFEHAVEN WHICH IS A FAMILY STYLE HOME THAT PROVIDES HOUSING AND SUPPORT TO 16 AND 17 YEAR OLD MOTHERS AND THEIR CHILDREN WHO ARE EXPERIENCING HOMELESSNESS. | $4,000 |