Curt And Adele Berklund Foundation
- Assets
- $846.7k
- Revenue
- $53.9k
- Investments
- $840.9k
- Employees
- 0
- Location
- Boise, ID
- Founding
- 07/2017
- Data as of
- 12/2022
- EIN
- 81-3959849
Organization Overview
Curt And Adele Berklund Foundation is located in Boise, ID. The organization was established in 2017. 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. Curt And Adele Berklund 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, Curt And Adele Berklund Foundation generated $53.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $75.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Curt And Adele Berklund Foundation has awarded 33 individual grants totaling $244,313. 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 |
|---|---|---|---|
Ms Marian Chambers Director | 1 | $0 | |
Mr David Berklund Director | 1 | $0 | |
Ms Ruth Geer Director | 1 | $0 | |
Ms Dianne Wilson Director | 1 | $0 | |
Mr Jon Berklund Director | 1 | $0 | |
Ms Rebecca Baker Director | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,133 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,328 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,443 |
| Capital Gain Net Income | $19,443 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,904 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,640 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,181 |
| Printing and publications | $0 |
| Other expenses | $819 |
| Total operating and administrative expenses | $21,688 |
| Contributions, gifts, grants paid | $53,800 |
| Total expenses and disbursements | $75,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,813 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $340,650 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $846,725 |
| 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, Curt And Adele Berklund Foundation has awarded $53,800 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ASSEMBLIES OF GOD US MISSIONS PURPOSE: AKRIGHTS MISSION | $4,000 |
CITY CALVARY CHAPEL PURPOSE: BLAGOVEST SMOLENSK MISSION | $1,000 |
MORAGA VALLEY PRESBYTERIAN CHURCH PURPOSE: YOUTH AND CHILDREN'S MINISTRY | $1,000 |
ROTARY CLUB OF MORAGA PURPOSE: LUMUMBA CHILDRENS LIBRARY PROJECT | $12,200 |
MISSION AVIATION FELLOWSHIP PURPOSE: KILGORE'S MISSON | $3,000 |
HOPE PREGNANCY CENTER PURPOSE: AREA OF GREATEST NEED | $1,000 |