Oscar & Ina Nystrom Foundation
- Assets
- $1.2m
- Revenue
- $2.3k
- Investments
- $1.2m
- Employees
- 0
- Location
- Council Grove, KS
- Founding
- 11/1986
- Data as of
- 12/2022
- EIN
- 48-6258281
Organization Overview
Oscar & Ina Nystrom Foundation is located in Council Grove, KS. The organization was established in 1986. 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. Oscar & Ina Nystrom 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, Oscar & Ina Nystrom Foundation generated $2.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (32.3%) each year. All expenses for the organization totaled $77.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Oscar & Ina Nystrom Foundation has awarded 122 individual grants totaling $416,427. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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 |
|---|---|---|---|
Leland Parker Trustee | 0.5 | $400 | |
Martha White Trustee | 0.5 | $400 | |
Darrel Bryant Trustee | 0.5 | $400 | |
Debra England Trustee | 0.5 | $400 | |
Rhonda Auchard Trustee | 0.5 | $600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $773 |
| Dividends & Interest | $26,274 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,725 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,322 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,141 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $10 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,034 |
| Contributions, gifts, grants paid | $56,050 |
| Total expenses and disbursements | $77,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,938 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,246,637 |
| 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, Oscar & Ina Nystrom Foundation has awarded $56,050 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
WHITE MEMORIAL CAMP MANAGEMENT GROUP PURPOSE: FOR MORRIS COUNTY CHILDREN CAMP EXPENSES | $2,500 |
COUNCIL GROVE PUBLIC LIBRARY PURPOSE: PROGRAM SUPPORT. | $1,000 |
COUNCIL GROVE LIFE CENTER PURPOSE: FACILITY UPDATES. | $12,100 |
CITY OF COUNCIL GROVE RIVERWALK COMMITTEE PURPOSE: RIVERWALK IMPROVEMENTS FOR COMMUNITY. | $25,000 |
CASA OF THE 8TH JUDICIAL DISTRICT PURPOSE: MOVING EXPENSES | $500 |
COUNCIL GROVE COMMUNITY ARTS COUNCIL PURPOSE: SUMMER YOUTH THEATRE | $1,000 |