Sunrise Foundation For Education And The Arts
- Assets
- $3.9m
- Revenue
- $962.0k
- Investments
- $3.3m
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 47-5203749
Organization Overview
Sunrise Foundation For Education And The Arts is located in Wayzata, MN. The organization was established in 2016. 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. Sunrise Foundation For Education And The Arts 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, Sunrise Foundation For Education And The Arts generated $962.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sunrise Foundation For Education And The Arts has awarded 19 individual grants totaling $1,672,031. 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 |
|---|---|---|---|
Cynthia Walk Chairman | 0 | $0 | |
Charles Wolfinger Director | 0 | $0 | |
Richard Palmer Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $249,536 |
| Interest on Savings | $16,148 |
| Dividends & Interest | $65,461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $629,146 |
| Capital Gain Net Income | $629,146 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,705 |
| Total Revenue | $961,996 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,673 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,245 |
| Total operating and administrative expenses | $49,557 |
| Contributions, gifts, grants paid | $1,282,782 |
| Total expenses and disbursements | $1,332,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,747 |
| Savings and temporary cash investments | $501,157 |
| 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 | $1,680,619 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,940,520 |
| 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, Sunrise Foundation For Education And The Arts has awarded $1,282,782 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
FILMARCHIV AUSTRIA PURPOSE: GRANT II TO LAUNCH THE SUNRISE FILM PRESERVATION CENTER | $587,708 |
FILMARCHIV AUSTRIA PURPOSE: GRANT I TO LAUNCH THE SUNRISE FILM PRESERVATION CENTER | $299,800 |
DEUTSCHE KINEMATHEK PURPOSE: RESTORATION OF THREE FILMS IN THE HELKE SANDER PROJECT | $174,832 |
DEPT OF GERMAN AT UNIV OF CA BERKEL PURPOSE: GERMAN FILM & MEDIA STUDIES FELLOWSHIP | $105,000 |
JEWISH COMMUNITY OF HELSINKI PURPOSE: SUPPORT FOR THE JEWISH ENCYCLOPEDIA IN THE FILM AGE | $40,481 |
La Jolla, CA PURPOSE: RESTRICTED GIFT FOR THE SECOND-YEAR GERMAN LITERATURE SEQUENCE | $32,569 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
American Family Insurance Dreams Foundation Inc Madison, WI | $10,733,127 | $6,580,229 |
Joseph And Vera Zilber Charitable Foundation Inc Milwaukee, WI | $301,880,639 | $24,555,392 |
Argosy Foundation Milwaukee, WI | $36,932,110 | $41,277,914 |
Cargill Foundation Minneapolis, MN | $286,172,868 | $105,535,102 |
Schoeneckers Foundation Minneapolis, MN | $145,295,949 | $7,540,866 |
The Curtis L Carlson Family Foundation Minnetonka, MN | $300,826,673 | $21,132,663 |
Principal Financial Group Foundation Inc Des Moines, IA | $217,742,870 | $19,396,180 |
Herbert H Kohl Charities Inc Milwaukee, WI | $19,332,679 | $4,430,173 |
Andreas Foundation Mankato, MN | $70,794,995 | $28,410,107 |
Frechette Family Foundation Minneapolis, MN | $167,055,978 | $9,430,765 |