Halvorson Institute For Intergroup Understanding Inc
- Assets
- $377.8k
- Revenue
- $49.5k
- Investments
- $355.1k
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 46-3428382
Organization Overview
Halvorson Institute For Intergroup Understanding Inc is located in Wayzata, MN. The organization was established in 2014. 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. Halvorson Institute For Intergroup Understanding Inc 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, Halvorson Institute For Intergroup Understanding Inc generated $49.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $105.1k during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George C Halvorson President And CEO | 0 | $0 | |
Lorie Halvorson Secretary And Treasurer | 0 | $0 | |
Kelli Johnson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,526 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,036 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,490 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $66 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $287 |
| Other expenses | $22,471 |
| Total operating and administrative expenses | $95,098 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $105,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,491 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $4,200 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $377,834 |
| 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, Halvorson Institute For Intergroup Understanding Inc has awarded $22,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR PEACEBUILDING PURPOSE: ADVANCE SUSTAINABLE PEACE AND SECURITY WORLDWIDE. RESOLVE CONFLICT AND CREATE SUSTAINABLE PEACE IN 153 COUNTRIES. | $5,000 |
NONVIOLENT PEACEFORCE PURPOSE: TO CREATE A SPACE FOR FOSTERING LASTING PEACE, TO PROTECT CIVILIANS MADE VULNERABLE BECAUSE OF CONFLICT, AND TO DEVELOP AND PROMOTE THE THEORY OF UNARMED CIVILIAN PEACEKEEPING. | $2,000 |
THE BETTER ANGELS SOCIETY PURPOSE: TO PROVIDE EDUCATION TO AMERICANS ABOUT THEIR HISTORY THROUGH DOCUMENTARY FILM. | $5,000 |
NEW AMERICA FOUNDATION PURPOSE: TO DEVELOP LEGAL, POLITICAL, AND TECHNOLOGICAL TOOLS TO BUILD DEMOCRATIC CAPACITY AND ENABLE SOLUTIONS TO GROW AND SPREAD. | $10,000 |