Centennial Valley Preservation Fund
- Assets
- $1.4m
- Revenue
- $618.5k
- Investments
- $585.0k
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 04/1995
- Data as of
- 12/2023
- EIN
- 52-1883556
Organization Overview
Centennial Valley Preservation Fund is located in Minneapolis, MN. The organization was established in 1995. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centennial Valley Preservation 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 12/2023, Centennial Valley Preservation Fund generated $618.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $80.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Centennial Valley Preservation Fund has awarded 16 individual grants totaling $166,620. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND IMPLEMENT EFFECTIVE NATURE CONSERVATION AND EDUCATION PROJECTS WHICH ENHANCE AND PROTECT WILD NATURE, ANIMALS AND THE ENVIRONMENT. TO NETWORK WITH LOCAL, REGIONAL AND INTERNATIONAL ORGANIZATIONS AND INDIVIDUALS THAT ARE INVOLVED WITH EFFECTIVE ANIMAL PROTECTION AND NATURE CONSERVATION/EDUCATION PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPED AND MANAGED AN ENVIRONMENTAL EDUCATION CENTER IN MONTANA, LOCATED IN THE MIDDLE OF A NATIONAL WILDLIFE REFUGE IN PARTNERSHIP WITH THE UNIVERSITY OF UTAH ENVIRONMENTAL & HUMANITIES COLLEGE. IN KENYA, SUPPORTED A MOBILE EDUCATION UNIT WITH THE WILDLIFE CLUB OF KENYA. PROVIDED SCHOLARSHIPS FOR 40 STUDENTS K-COLLEGE; FUNDING FOR FEEDING PROGRAMS FOR SCHOOL CHILDREN; FUNDING FOR BUILDING OF SCHOOLS; FUNDING FOR WOMEN'S CLINIC; FUNDING FOR ANTI POACHING PATROLS FOR ELEPHANTS AND RHINOS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Hartwell President/chair | 1 | $0 | |
Melody A Taft Treasurer & Secretary | 1 | $0 | |
John E Taft Director | 1 | $0 | |
Peter Bender Director | 1 | $0 | |
Jenny Nicklin Director | 1 | $0 | |
Robert Newman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50 |
| Interest on Savings | $9,339 |
| Dividends & Interest | $41,515 |
| Net Rental Income | -$6,941 |
| Net Gain on Sale of Assets | $566,063 |
| Capital Gain Net Income | $566,063 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $618,467 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,333 |
| Depreciation | $1,376 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,207 |
| Total operating and administrative expenses | $17,970 |
| Contributions, gifts, grants paid | $62,500 |
| Total expenses and disbursements | $80,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,689 |
| Savings and temporary cash investments | $556,514 |
| 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 | $150,952 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $585,001 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,374,156 |
| Accounts payable and accrued expenses | $2,650 |
| 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 | $2,650 |
Grants Awarded
Over the last fiscal year, Centennial Valley Preservation Fund has awarded $62,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ADVOCATES FOR THE WEST PURPOSE: GENERAL SUPPORT | $5,000 |
CENTENNIAL VALLEY ASSOCIATION PURPOSE: GENERAL SUPPORT GRANT | $2,500 |
IDAHO CONSERVATION LEAGUE PURPOSE: WORK RELATED TO THE PERMITTING OF THE KILGORE GOLD MINE | $15,000 |
NATURE CONSERVANCY PURPOSE: GENERAL SUPPORT FOR WORK IN THE CENTENNIAL VALLEY | $25,000 |
WILDEARTH GUARDIANS PURPOSE: GRANT TO SUPPORT GENERAL WORK ON GRAZING ISSUE ON RED ROCK LAKES NATIONAL WILDLIFE REFUGE | $15,000 |