Cullen Childrens Foundation

Organization Overview

Cullen Childrens Foundation is located in West Fargo, ND. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public 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. Cullen Childrens 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, Cullen Childrens Foundation generated $611.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $266.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Cullen Childrens Foundation has awarded 59 individual grants totaling $2,191,196. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL RESOURCES TO CHILDREN SUFFERING FROM CANCER OR WITH A DISABILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION HELPED THE COMMUNITY BY GRANTING MONEY TO CHILDREN'S HEALTHCARE ORGANIZATIONS WITH AN EMPHASIS ON CANCER. THE FOUNDATION GRANTED MONEY TO RONALD MCDONALD HOUSE, MAKE A WISH FOUNDATION, HOPE, INC., OUTDOOR ADVENTURE FOUNDATION, KAMP KACE, SANFORD HEALTH FOUNDATION, PINKY SWEAR FOUNDATION, ANNE CARLSEN CENTER, HOUSE OF EVERYDAY LEARNING, ESSENTIA HEALTH, AND LEND A HAND UP. A PORTION OF THE PROCEEDS RAISED WILL BE KEPT TO MAINTAIN AN ENDOWMENT FUND FOR THE FUTURE OF THE FOUNDATION.PROJECTGRACE IS A NEW INITIATIVE OF THE CULLEN CHILDREN'S FOUNDATION DESIGNED TO ASSIST LOCAL CHILDREN IN NEED OF DURABLE MEDICAL EQUIPMENT AND OTHER TANGIBLE DEVICES THAT ARE NOT COVERED BY INSURANCE. THE GOAL IS TO SPREAD GRACE TO KIDS WHO ARE SUFFERING FROM AN ILLNESS OR DISABILITY WHO NEED A LITTLE SOMETHING EXTRA.


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Board, Officers & Key Employees

Name (title)Compensation
Bridget Cullen
Executive Director
$0
Matt Cullen
President
$0
Terry Cullen
Treasurer
$0
Michele Carney
Vice President
$0
Nola Mcneally
Secretary
$0
Dale Lian
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$51,806
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$419,852
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$471,658
Total Program Service Revenue$0
Investment income $126,719
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $35,885
Net Income from Fundraising Events -$22,693
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $611,569

Grants Awarded

Over the last fiscal year, Cullen Childrens Foundation has awarded $172,745 in support to 7 organizations.

Grant RecipientAmount

MAKE A WISH FOUNDATION

Org PageRecipient Profile

Fargo, ND

PURPOSE: Funds used to grant the wishes of three children with life-threatening medical conditions to enrich the human experience with hope, strength and joy.

$35,000

Fargo, ND

PURPOSE: General Support

$30,000

Fargo, ND

PURPOSE: General Support

$25,000

OUTDOOR ADVENTURE FOUNDATION

Org PageRecipient Profile

Fargo, ND

PURPOSE: Hunting and fishing adventures for children under the age of 18 and young adults under the age of 25 with cancer or other life threatening illnesses.

$25,000

PINKY SWEAR FOUNDATION

Org PageRecipient Profile

Edina, MN

PURPOSE: General Support

$20,000

ESSENTIA HEALTH FOUNDATION

Org PageRecipient Profile

Duluth, MN

PURPOSE: General Support

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Cullen Childrens Foundation has recieved totaling $15,883.

Awarding OrganizationAmount
Sanford

Sioux Falls, SD

PURPOSE: COMMUNITY HEALTH IMPROVEMENT

$10,000
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$5,116
The Barry Foundation

Fargo, ND

PURPOSE: PAY: PROJECT GRACE

$500
The Barry Foundation

Fargo, ND

PURPOSE: PAY: PROJECT GRACE

$250
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$17
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,130,256
Earnings$89,049
Net Contributions$15,903
Ending Balance$1,235,208

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