Charles R Ingerson Family Foundation
- Assets
- $323.9k
- Revenue
- $13.2k
- Investments
- $305.3k
- Employees
- 0
- Location
- Aberdeen, SD
- Founding
- 03/1991
- Data as of
- 12/2022
- EIN
- 46-0407921
Organization Overview
Charles R Ingerson Family Foundation is located in Aberdeen, SD. The organization was established in 1991. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles R Ingerson Family 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, Charles R Ingerson Family Foundation generated $13.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $22.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Charles R Ingerson Family Foundation has awarded 42 individual grants totaling $122,133. 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 |
|---|---|---|---|
Arvilla Ingerson President | 0.5 | $0 | |
Clifton Ingerson Vice President | 0.5 | $0 | |
Barbara Ingerson Secretary | 0.5 | $0 | |
Dacotah Bank Agent | 1 | $1,891 | |
Jeff Ingerson Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,234 |
| Dividends & Interest | $4,111 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,854 |
| Capital Gain Net Income | $6,854 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7 |
| Total Revenue | $13,206 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,891 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $416 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,089 |
| Contributions, gifts, grants paid | $19,328 |
| Total expenses and disbursements | $22,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,662 |
| 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 | $219,669 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $323,914 |
| 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, Charles R Ingerson Family Foundation has awarded $19,328 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ABERDEEN AREA HUMANE SOCIETY PURPOSE: DR. WILLIAM SVENSON MEMORIAL | $2,328 |
ABERDEEN PUBLIC SCHOOLS FOUNDATION PURPOSE: MEMORIAL FUNDS | $3,000 |
BOYS & GIRLS CLUB OF ABERDEEN PURPOSE: BUILDING FUND | $5,500 |
NORTHERN PLAINS HOSPICE PURPOSE: HOSPICE | $2,000 |
YELDUZ SHRINE TEMPLE PURPOSE: TRANSPORTATION FUND | $6,500 |