Stephen F Dwyer Memorial Foundation
- Assets
- $9.4m
- Revenue
- $590.4k
- Investments
- $9.2m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 46-4785565
Organization Overview
Stephen F Dwyer Memorial Foundation is located in Minneapolis, MN. The organization was established in 2015. 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. Stephen F Dwyer Memorial 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, Stephen F Dwyer Memorial Foundation generated $590.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 9.7% per year over the past 8 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.
Since 2015, Stephen F Dwyer Memorial Foundation has awarded 94 individual grants totaling $5,304,217. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert V Dwyer Jr Director | 1 | $5,000 | |
Matt Dwyer Director | 1 | $5,000 | |
Stephen F Dwyer Jr Director | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,612 |
| Interest on Savings | $26,894 |
| Dividends & Interest | $323,824 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $238,107 |
| Capital Gain Net Income | $238,107 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $590,437 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,396 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $140,718 |
| Contributions, gifts, grants paid | $979,798 |
| Total expenses and disbursements | $1,120,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $208,793 |
| 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 | $7,436,647 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,362,412 |
| 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, Stephen F Dwyer Memorial Foundation has awarded $979,798 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
A LATERE ACADEMY PURPOSE: EDUCATION | $5,000 |
HARRINGTON ARTS ALLIANCE PURPOSE: EDUCATION | $5,000 |
HOPE CENTER FOR KIDS PURPOSE: EDUCATION | $37,500 |
MADONNA SCHOOL PURPOSE: EDUCATION | $51,500 |
CREIGHTON UNIVERSITY PURPOSE: EDUCATION | $100,000 |
DUCHESNE ACADEMY OF THE SACRED HEART PURPOSE: EDUCATION | $30,000 |