Engelsma Family Foundation
- Assets
- $5.2m
- Revenue
- $470.0k
- Investments
- $5.0m
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 08/2003
- Data as of
- 12/2022
- EIN
- 71-0924087
Organization Overview
Engelsma Family Foundation is located in Sioux Falls, SD. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Engelsma Family 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, Engelsma Family Foundation generated $470.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $517.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Engelsma Family Foundation has awarded 359 individual grants totaling $2,828,496. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Korsh Vice-President And Director | 1 | $0 | |
Susan Wilcox President And Director | 1 | $0 | |
Daniel Engelsma Treasurer And Director | 1 | $0 | |
Barbara Diessner Secretary | 1 | $0 | |
Bruce Engelsma Director | 1 | $0 | |
Bradley Engelsma Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $134,639 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $335,386 |
| Capital Gain Net Income | $335,386 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $470,025 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,028 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,691 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $85,101 |
| Contributions, gifts, grants paid | $432,710 |
| Total expenses and disbursements | $517,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $186,980 |
| 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 | $5,178,699 |
| 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, Engelsma Family Foundation has awarded $432,710 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
AGATE HOUSING AND SERVICES INC PURPOSE: GENERAL OPERATING FUND | $15,000 |
AMERICAN CANCER SOCIETY INC PURPOSE: GENERAL OPERATING FUND | $200 |
NATIONAL MULTIPLE SCLEROSIS SOCIETY PURPOSE: GENERAL OPERATING FUND | $100 |
MEMORIAL SLOAN KETTERING CANCER CTR PURPOSE: GENERAL OPERATING FUND | $100 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: GENERAL OPERATING FUND | $2,000 |
SMALL SUMS PURPOSE: GENERAL OPERATING FUND | $2,000 |