Pinky Swear Foundation is located in Edina, MN. The organization was established in 2004. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. As of 12/2021, Pinky Swear Foundation employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pinky Swear 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, Pinky Swear Foundation generated $5.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 2.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL AND EMOTIONAL SUPPORT TO FAMILIES WITH CHILDREN BATTLING CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY SUPPORT-THE HARDSHIPS INFLICTED ON FAMILIES BECAUSE OF CHILDHOOD CANCER ARE OFTEN NOT QUANTIFIABLE. THE FINANCIAL BURDEN OF INCREASED EXPENSES - OFTEN WHILE INCOME IS DECREASED DUE TO REDUCED WORK HOURS, LOST JOBS, OR UNPAID, EXTENDED LEAVE - CAN BE OVERWHELMING. PINKY SWEAR FOUNDATION'S FINANCIAL ASSISTANCE, FAMILY EXPERIENCE, AND ORANGE ENVELOPE PROGRAM PROVIDE IMMEDIATE HELP AND PRICELESS STRESS RELIEF TO FAMILIES IN NEED. SINCE 2003, PINKY SWEAR FOUNDATION HAS SUPPORTED FAMILIES' QUALITY-OF-LIFE WITH DIRECT FINANCIAL AID FOR BASIC NEEDS, AND THROUGH EXPERIENCES THAT CREATE EMOTIONAL SUPPORT, INCLUDING: STABLE HOUSING (RENT AND MORTGAGE PAYMENTS), RELIABLE TRANSPORTATION (AUTO PAYMENTS, REPAIRS AND GAS CARDS), GROCERIES (FOOD ON THE TABLE FOR KIDS AND FAMILIES), PAYMENTS FOR RENT, MORTGAGE, AUTO, UTILITY, GAS AND GROCERY, AND OTHER BASIC NEEDS, MEMORABLE EXPERIENCES (WORRY-FREE, QUALITY TIME TOGETHER ON WEEKEND GETAWAYS AND FUN EVENTS), AND CONVENIENT, STOCKED FOOD PANTRIES IN HOSPITALS (ALLOWS PARENTS TO STAY WITH THEIR SICK CHILD AND REDUCE EXPENSES). DURING THE YEAR, 1,519 FAMILIES WERE SUPPORTED AMONG ALL PROGRAMS. 1,030 ORANGE ENVELOPES WERE DISTRIBUTED WITH 826 FAMILIES ASSISTED WITH ALL-STAR FUND. IN ADDITION, NEARLY 300 INDIVIDUALS WERE SERVED IN FAMILY EXPERIENCES, AND NEARLY 7,000 INDIVIDUALS WERE PROVIDED ACCESS TO THE FOUNDATION'S PANTRY.
EDUCATION/AWARENESS-THE FINANCIAL AND EMOTIONAL IMPACTS OF A CHILDHOOD CANCER DIAGNOSIS ON A FAMILY ARE TREMENDOUS AND OFTEN OVERWHELMING. PINKY SWEAR IS PASSIONATELY COMMITTED TO INCREASING THE AWARENESS AND UNDERSTANDING OF CHILDHOOD CANCER AND ITS IMPACT ON PATIENT FAMILIES THROUGH TELLING THE STORIES OF THE FAMILIES WE HELP. BY SHARING STORIES, VIDEOS AND PRINTED MATERIALS FEATURING PINKY SWEAR ALL-STARS (KIDS WITH CANCER), THE FINANCIAL AND EMOTIONAL HARDSHIPS REAL FAMILIES FACE BECOME TANGIBLE AND RELATABLE. A MIX OF MARKETING CHANNELS INCLUDING SOCIAL MEDIA, WEB, EMAIL ADVERTISING, TELEVISION AND PUBLIC RELATIONS ARE UTILIZED TO DEMONSTRATE THE IMPACT PINKY SWEAR HAS ON OUR PATIENT FAMILIES AND HOW TO HELP. THROUGH THE EDUCATION OF THE PUBLIC AND INTERESTED PARTIES, PINKY SWEAR SHEDS LIGHT ON THE HARD FACTS OF CHILDHOOD CANCER. THROUGHOUT 2021, MORE THAN 2,500 LETTERS OF ENCOURAGEMENT WERE CREATED AT VARIOUS EVENTS, 800 MEDIA MENTIONS AROUND THE COUNTRY, AND MORE THAN 25,000 SOCIAL MEDIA FOLLOWERS CONTINUED TO ENGAGE WITH EDUCATIONAL CONTENT. IN ADDITION, THE FOUNDATION ALSO HAD MORE THAN 30,000 UNIQUE EMAIL PARTICIPANTS TO LEARN MORE ABOUT THE MISSION AND THE IMPACT IT HAS ON THE COMMUNITY.
STUDENT LEADERSHIP DEVELOPMENT-THE EXPONENTIAL IMPACT OF THE PINKY SWEAR STORY IS FUELED BY THE SELFLESS ACT 9-YEAR OLD MITCH CHEPOKAS PERFORMED AS A PROMISE WITH HIS FATHER. PINKY SWEAR FOUNDATION ENCOURAGES PERSONAL DEVELOPMENT OF YOUNG LEADERS THROUGH GOAL SETTING AND ENTREPRENEURSHIP, WHILE HELPING KIDS WITH CANCER. AS AMBASSADORS OF PINKY SWEAR FOUNDATION, STUDENTS LEARN ABOUT COMMUNITY SERVICE, DEVELOP LEADERSHIP SKILLS, AND BECOME CHANGE MAKERS AND ADVOCATES IN THEIR COMMUNITIES. THE PINKY SWEAR YOUTH LEADERSHIP COUNCIL, PINKY SWEAR PACK COLLEGE PROGRAM AND OTHER STUDENT DEVELOPMENT ACTIVITIES EMBRACE THE SERVANT-LEADERSHIP MENTALITY INSPIRED BY THE ORIGINAL PINKY SWEAR. DURING 2021, THERE WERE 80 KIDS INVOLVED IN YOUTH LEADERSHIP COUNCIL AND PINKY SWEAR CLUBS IN MINNESOTA AND NORTH CAROLINA. THESE KIDS ARE INVOLVED IN THE YLC CURRICULUM ALONG WITH LEMONADE STANDS, RESTAURANT GIVEBACK NIGHTS, ONLINE FUNDRAISING, KIDS TRIATHALON, KID CHEF EVENT, VIDEO AND MEDIA INTERVIEWS, AND LETTERS OF ENCOURAGEMENT. ADDITIONALLY, MORE THAN 1,200 COLLEGE STUDENTS, IN 150 PACKS, JOINING ACROSS THE COUNTRY PARTICIPATED AS BRAND AMBASSADORS TO INCREASE AWARENESS FOR PINKY SWEAR FOUNDATION'S MISSION AS PART OF THE PINKY SWEAR PACK PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erica Campbell Executive Director | OfficerTrustee | 40 | $158,131 |
Jeff Wenngatz Vice Chair | OfficerTrustee | 2 | $0 |
Tamara Reding Secretary | OfficerTrustee | 2 | $0 |
Bruce O'brien Chairman | OfficerTrustee | 2 | $0 |
Brian Mark Treasurer | OfficerTrustee | 2 | $0 |
Peter Moyer Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $566,909 |
Related organizations | $0 |
Government grants | $177,700 |
All other contributions, gifts, grants, and similar amounts not included above | $4,862,264 |
Noncash contributions included in lines 1a–1f | $71,805 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,606,873 |
Total Program Service Revenue | $0 |
Investment income | $85,959 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $39,919 |
Net Income from Fundraising Events | -$43,531 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,689,220 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,130,660 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $178,271 |
Compensation of current officers, directors, key employees. | $17,827 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $745,100 |
Pension plan accruals and contributions | $18,670 |
Other employee benefits | $51,027 |
Payroll taxes | $80,390 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $75,436 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $5,610 |
Fees for services: Investment Management | $28,599 |
Fees for services: Other | $1,159 |
Advertising and promotion | $20,266 |
Office expenses | $86,321 |
Information technology | $50,398 |
Royalties | $0 |
Occupancy | $47,877 |
Travel | $8,263 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $16,816 |
Interest | $62 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,041 |
Insurance | $7,470 |
All other expenses | $20,233 |
Total functional expenses | $2,671,611 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,500,745 |
Savings and temporary cash investments | $492,441 |
Pledges and grants receivable | $134,800 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $54,221 |
Net Land, buildings, and equipment | $8,323 |
Investments—publicly traded securities | $6,998,555 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,189,085 |
Accounts payable and accrued expenses | $66,669 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $66,669 |
Net assets without donor restrictions | $1,471,093 |
Net assets with donor restrictions | $7,651,323 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $9,189,085 |
Over the last fiscal year, we have identified 30 grants that Pinky Swear Foundation has recieved totaling $2,508,337.
Awarding Organization | Amount |
---|---|
David And Janis Larson Foundation Minneapolis, MN PURPOSE: GENERAL CHARITABLE PURPOSES | $2,130,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $34,662 |
Car Donation Foundation St Louis Park, MN PURPOSE: GENERAL SUPPORT | $30,000 |
The Richard M Schulze Family Foundation Minneapolis, MN PURPOSE: HUMAN SERVICES | $30,000 |
J A Wedum Foundation Plymouth, MN PURPOSE: GENERAL OPERATION SUPPORT | $30,000 |
The Richard M Schulze Family Foundation Minneapolis, MN PURPOSE: HUMAN SERVICES | $30,000 |
Beg. Balance | $4,198,892 |
Earnings | $558,037 |
Net Contributions | $2,247,154 |
Ending Balance | $7,004,083 |
Organization Name | Assets | Revenue |
---|---|---|
Pinky Swear Foundation Edina, MN | $9,189,085 | $5,689,220 |
Wishes & More Fridley, MN | $2,091,230 | $1,601,926 |
Great North Pole West Fargo, ND | $278,721 | $1,262,419 |
Quilts Of Valor Foundation Winterset, IA | $1,117,654 | $1,330,384 |
Freestore West Des Moines, IA | $583,101 | $651,252 |
Iowa Womens Foundation Coralville, IA | $1,208,654 | $746,963 |
Honor Flight Of The Quad Cities Inc Davenport, IA | $1,606,042 | $461,453 |
Forward Foundation Fargo, ND | $642,801 | $260,999 |
Wright-Hennepin Electric Tr Rockford, MN | $83,943 | $243,860 |
Fr Genes Help Inc West Allis, WI | $2,191,833 | $353,979 |
Waukesha County Christmas Clearing Council Inc Pewaukee, WI | $395,849 | $270,968 |
Christmas Cheer Fund Inc Mason City, IA | $381,058 | $178,423 |