Howard Memorial Fund

Organization Overview

Howard Memorial Fund is located in Aberdeen, SD. The organization was established in 1964. 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. Howard Memorial Fund 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 12/2021, Howard Memorial Fund generated $293.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $228.6k during the year ending 12/2021. While expenses have increased by 9.1% 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.

Since 2016, Howard Memorial Fund has awarded 400 individual grants totaling $816,225. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $25,683
Net Rental Income$0
Net Gain on Sale of Assets $239,304
Capital Gain Net Income $239,304
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $28,222
Total Revenue $293,209

Grants Awarded

Over the last fiscal year, Howard Memorial Fund has awarded $169,500 in support to 88 organizations.

Grant RecipientAmount

ABERDEEN COMMUNITY THEATRE

PURPOSE: TUCK POINT DONATION

$12,500

NORTHERN STATE UNIVERSITY

Org PageRecipient Profile

Aberdeen, SD

PURPOSE: FINE ARTS DEPARTMENT

$5,000

SALVATION ARMY

PURPOSE: GENERAL OPERATIONS

$5,000

LYDIA SAXTON CO NSU

PURPOSE: SCHOLARSHIP

$3,000

JUSTIN STREIT CO NSU

PURPOSE: SCHOLARSHIP

$3,000

MARY GRACE JOHNSON CO NSU

PURPOSE: SCHOLARSHIP

$3,000
View Grant Profile

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