Putrah Foundation Inc is located in Faribault, MN. The organization was established in 2017. 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. Putrah Foundation Inc 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, Putrah Foundation Inc generated $89.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (37.6%) each year. All expenses for the organization totaled $909.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Putrah Foundation Inc has awarded 26 individual grants totaling $6,067,900. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Trevor Putrah Director/president | 0.2 | $0 | |
Tyler Putrah Director/treasurer | 1 | $0 | |
Andrew Currie Director | 1 | $0 | |
Matthew Drevlow Director/secretary | 1 | $0 | |
Caren Putrah Director/president | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $84,129 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $5,099 |
Capital Gain Net Income | $60,637 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $89,228 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $16,200 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $15,749 |
Total operating and administrative expenses | $31,949 |
Contributions, gifts, grants paid | $877,100 |
Total expenses and disbursements | $909,049 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $253,802 |
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 | $52,291 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $2,058,927 |
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 |
Over the last fiscal year, Putrah Foundation Inc has awarded $877,100 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
RIVER BEND NATURE CENTER PURPOSE: DONATION | $10,000 |
SHATTUCK- ST MARY'S SCHOOL PURPOSE: EDUCATION | $700,000 |
SHATTUCK- ST MARY'S SCHOOL PURPOSE: EDUCATION | $50,000 |
UNION GOSPEL MISSION PURPOSE: DONATION | $84,600 |
FARIBAULT HOCKEY ASSOCIATION PURPOSE: DONATION | $2,500 |
FARIBAULT BOOSTER CLUB PURPOSE: DONATION | $30,000 |