Belton Family Foundation
- Assets
- $6.3m
- Revenue
- $903.2k
- Investments
- $6.1m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-3902720
Organization Overview
Belton Family Foundation is located in Minneapolis, MN. The organization was established in 2014. 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. Belton 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 12/2023, Belton Family Foundation generated $903.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $443.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Belton Family Foundation has awarded 174 individual grants totaling $2,068,770. 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 |
|---|---|---|---|
Y Marc Belton President | 0.25 | $0 | |
Alicia Belton Vice President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $322,616 |
| Interest on Savings | $0 |
| Dividends & Interest | $109,803 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $470,764 |
| Capital Gain Net Income | $470,764 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $903,183 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,071 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $61,386 |
| Contributions, gifts, grants paid | $382,500 |
| Total expenses and disbursements | $443,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $233,884 |
| 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 | $75,754 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,307,815 |
| 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, Belton Family Foundation has awarded $382,500 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
4 WORD PURPOSE: GENERAL OPERATING | $15,000 |
BANYAN COMMUNITY PURPOSE: GENERAL OPERATING | $15,000 |
BETTER FUTURES MINNESOTA PURPOSE: GENERAL OPERATING | $25,000 |
DARTMOUTH COLLEGE PURPOSE: GENERAL OPERATING | $15,000 |
FAMILY PARTNERSHIP PURPOSE: GENERAL OPERATING | $20,000 |
HABITAT FOR HUMANITY PURPOSE: GENERAL OPERATING | $12,500 |