Finnegans Community Fund
- Assets
- $50.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 75-3028138
Organization Overview
Finnegans Community Fund is located in Minneapolis, MN. The organization was established in 2003. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Finnegans Community 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 12/2022, Finnegans Community Fund generated $31.3k 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 (13.2%) each year. All expenses for the organization totaled $57.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Finnegans Community Fund has awarded 16 individual grants totaling $708,992. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ALLEVIATE HUNGER: FINNEGANS COMMUNITY FUND HELD VARIOUS "REVERSE FOOD TRUCK" FUNDRAISING EVENTS DURING 2022. A TOTAL OF 1,114 POUNDS OF FOOD WERE DONATED BY THE GENERAL PUBLIC. THESE CONTRIBUTIONS OF FOOD AND OTHER CASH CONTRIBUTIONS WERE GRANTED BY THE FUND TO THE FOOD GROUP, GREAT PLAINS FOOD BANK, FEEDING SOUTH DAKOTA, HUNGER RELIEF FUND, AGATE FOOD SHELF AND NORTH COUNTRY FOOD BANK TO END HUNGER WITHIN LOCAL COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Urban Board Chair | 2 | $0 | |
Kari L Niedfeldt-Thomas Secretary | 2 | $0 | |
Benjamin Johnson Treasurer | 2 | $0 | |
Jacqueline R Berglund Chief Execut | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,291 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,291 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,790 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,429 |
| Total expenses | $57,138 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,392 |
| Other assets | $0 |
| Total assets | $50,227 |
| Total liabilities | $41 |
| Net assets or fund balances | $50,186 |
Grants Awarded
Over the last fiscal year, Finnegans Community Fund has awarded $88,944 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NEIGHBORHOOD DEVELOPMENT CENTER PURPOSE: ENTREPRENEURSHIP SUPPORT IN ELLIOT PARK NEIGHBORHOOD, FOCUSED ON UNDERREPRESENTED ENTREPRENEURS. | $32,000 |
FINNOVATION LAB LLC PURPOSE: SOCIAL ENTREPENEUR SUPPORT TO FURTHER CHARITABLE PURPOSE. | $25,000 |
THE FOOD GROUP PURPOSE: HARVEST FOR THE HUNGRY | $31,944 |