The Oliveira R & D Foundation
- Assets
- $9.0m
- Revenue
- $9.7m
- Investments
- $8.6m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 83-3829284
Organization Overview
The Oliveira R & D Foundation is located in Minneapolis, MN. The organization was established in 2019. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oliveira R & D 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, Oliveira R & D Foundation generated $9.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 60.3% each year . All expenses for the organization totaled $381.4k during the year ending 12/2022. While expenses have increased by 43.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Oliveira R & D Foundation has awarded 38 individual grants totaling $470,733. 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 |
|---|---|---|---|
Deanna Oliveira Vice Preside | 0 | $0 | |
Nan Evans Secretary/tr | 0 | $0 | |
Elisabeth Young-Isebrand Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,720,223 |
| Interest on Savings | $328 |
| Dividends & Interest | $107,676 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,853,104 |
| Capital Gain Net Income | $1,853,104 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,681,331 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $3,371 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,773 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $43,699 |
| Contributions, gifts, grants paid | $337,733 |
| Total expenses and disbursements | $381,432 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,562 |
| Savings and temporary cash investments | $169,980 |
| 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 | $8,996,954 |
| 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, The Oliveira R & D Foundation has awarded $337,733 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOHN'S UNIVERSITY PURPOSE: SCHOLARSHIP | $4,000 |
UNIVERSITY OF MINNESOTA PURPOSE: SCHOLARSHIP | $64,000 |
AUGSBURG UNIVERSITY PURPOSE: SCHOLARSHIP | $36,000 |
N HENNEPIN CC PURPOSE: SCHOLARSHIP | $5,000 |
NORMANDALE CC PURPOSE: SCHOLARSHIP | $3,000 |
MINNEAPOLIS COMMUNITY & TECHNICAL C PURPOSE: SCHOLARSHIP | $13,628 |