Flip Saunders Legacy Fund
- Assets
- $122.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 02/2016
- Data as of
- 12/2020
- EIN
- 47-5469026
Organization Overview
Flip Saunders Legacy Fund is located in Wayzata, MN. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public 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. Flip Saunders Legacy 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 12/2020, Flip Saunders Legacy Fund generated $250.0 in total revenue. All expenses for the organization totaled $10.0k during the year ending 12/2020.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE OPPORTUNITIES FOR AREA YOUTH WITH A FINANCIAL HARDSHIP TO ATTEND A TIMBERWOLVES OR LYNX BASKETBALL CAMP OR CLINIC.
TO PROVIDE OPPORTUNITIES FOR AREA YOUTH WITH A FINANCIAL HARDSHIP TO ATTEND A TIMBERWOLVES OR LYNX BASKETBALL CAMP OR CLINIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Saunders Executive Director | 1 | $0 | |
Mark M Termini Treasurer | 1 | $0 | |
Ryan Saunders Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $250 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $254 |
| Other expenses | $75 |
| Total expenses | $9,979 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,586 |
| Other assets | $0 |
| Total assets | $122,586 |
| Total liabilities | $0 |
| Net assets or fund balances | $122,586 |
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