Snedden Family Foundation
- Assets
- $747.2k
- Revenue
- $98.0k
- Investments
- $318.4k
- Employees
- 0
- Location
- Fairbanks, AK
- Founding
- 08/2013
- Data as of
- 12/2021
- EIN
- 46-6709040
Organization Overview
Snedden Family Foundation is located in Fairbanks, AK. The organization was established in 2013. 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. Snedden 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 12/2021, Snedden Family Foundation generated $98.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $81.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVE PARKS AND RECREATIONAL ACTIVITIES IN THE INTERIOR OF ALASKA.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,616 |
| Interest on Savings | $6,050 |
| Dividends & Interest | $8,373 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $58,989 |
| Capital Gain Net Income | $58,949 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $98,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,645 |
| Other employee salaries and wages | $32,000 |
| Pension plans, employee benefits | $15,997 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $238 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,801 |
| Other expenses | $2,353 |
| Total operating and administrative expenses | $79,539 |
| Contributions, gifts, grants paid | $1,634 |
| Total expenses and disbursements | $81,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,124 |
| Savings and temporary cash investments | $359,692 |
| Net Accounts receivable | $30,000 |
| 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 | $1,062 |
| Other assets | $0 |
| Total assets | $747,236 |
| Accounts payable and accrued expenses | -$603 |
| 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 | -$17,645 |
| Total liabilities | -$18,248 |
Grants Awarded
Over the last fiscal year, Snedden Family Foundation has awarded $1,634 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH STAR BALLET PURPOSE: NUTCRACKER STORYBOARD PROJECT | $1,000 |
COMMUNITY PICNIC PURPOSE: COMMUNITY WIDE PICNIC IN THE PARK | $634 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Snedden Family Foundation has recieved totaling $365,300.
| Awarding Organization | Amount |
|---|---|
Helen E Snedden Foundation Fairbanks, AK PURPOSE: PROGRAM RELATED EQUIPMENT PURCHASES | $365,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
The Robert P Rotella Foundation Bellevue, WA | $0 | $9,974 |
Ken Birdwell Foundation Bellevue, WA | $76,202,815 | $4,458,349 |
Rose Foundation Vancouver, WA | $0 | $16,480 |
Apex Foundation Bellevue, WA | $126,367,624 | $451,103 |
Stewardship Foundation C D A B & W T Weyerhaeuser Ttees Tacoma, WA | $0 | $6,421,793 |
Bullitt Foundation Seattle, WA | $60,942,002 | $1,220,943 |
Southwest Washington Workforce Development Council Vancouver, WA | $1,683,900 | $6,586,166 |
T-Mobile Usa Foundation Bellevue, WA | $6,088,197 | $6,000,000 |
Biella Foundation Bothell, WA | $66,745,407 | $6,823,776 |
The Rei Foundation Sumner, WA | $0 | $274,579 |
Neupert Family Foundation Medina, WA | $98,973 | $76,462 |