Scan Design By Inge & Jens Bruun Foundation
- Assets
- $34.3m
- Revenue
- $3.8m
- Investments
- $29.5m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 68-0537904
Organization Overview
Scan Design By Inge & Jens Bruun Foundation is located in Seattle, WA. The organization was established in 2003. 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. Scan Design By Inge & Jens Bruun 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, Scan Design By Inge & Jens Bruun Foundation generated $3.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Scan Design By Inge & Jens Bruun Foundation has awarded 244 individual grants totaling $12,365,978. 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.
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 |
|---|---|---|---|
Fidelma Mcginn President | 40 | $0 | |
Robert Thompson Sec/treas/director | 2 | $0 | |
Rob Harris Director | 1 | $0 | |
Katrine Thor Andersen Director | 1 | $0 | |
Bodil Stevns Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $108,791 |
| Interest on Savings | $0 |
| Dividends & Interest | $478,054 |
| Net Rental Income | -$148,146 |
| Net Gain on Sale of Assets | $3,024,362 |
| Capital Gain Net Income | $3,024,362 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $147,221 |
| Total Revenue | $3,808,856 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $225,000 |
| Other employee salaries and wages | $218,708 |
| Pension plans, employee benefits | $67,908 |
| Interest | $0 |
| Taxes | $77,085 |
| Depreciation | $104,341 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $90,523 |
| Total operating and administrative expenses | $962,968 |
| Contributions, gifts, grants paid | $1,112,729 |
| Total expenses and disbursements | $2,075,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,514,100 |
| 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 | $3,243,476 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,300,628 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $34,290,704 |
| Accounts payable and accrued expenses | $2,031 |
| 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 | $10,000 |
| Total liabilities | $12,031 |
Grants Awarded
Over the last fiscal year, Scan Design By Inge & Jens Bruun Foundation has awarded $1,112,729 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: 2022 GRANT AWARD | $634,436 |
UW - MADISON PURPOSE: 2022 GRANT AWARD | $194,236 |
NATIONAL NORDIC MUSEUM PURPOSE: 2021 GRANT AWARD | $70,000 |
CITY OF BELLINGHAMCOURBAN PURPOSE: 2021 GRANT AWARD | $60,000 |
THE MUSEUM OF DANISH AMERICA PURPOSE: 2021 GRANT | $52,900 |
Portland, OR PURPOSE: 2021 GRANT AWARD | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
William A Looney Family Foundation Seattle, WA | $2,970,328 | $1,865,530 |
Fairview Foundation Seattle, WA | $22,161,652 | $15,221,518 |
Roundhouse Foundation Irrv Charitable Tr Sisters, OR | $376,773,592 | $260,472,613 |
James D And Sherry Raisbeck Foundation Seattle, WA | $19,522,688 | $18,818,250 |
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
The Robert P Rotella Foundation Bellevue, WA | $0 | $9,974 |
Cambia Health Foundation Portland, OR | $95,632,719 | $22,110,074 |
All Alaska Longshore Health And Welfare Trust Fund Portland, OR | $15,094,245 | $10,298,043 |