Api Group Foundation
- Assets
- $570.4k
- Revenue
- $67.5k
- Investments
- $0.0
- Employees
- 0
- Location
- New Brighton, MN
- Founding
- Data as of
- 12/2023
- EIN
- 84-4060369
Organization Overview
Api Group Foundation is located in New Brighton, MN. 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. Api Group 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 12/2023, Api Group Foundation generated $67.5k in total revenue.
Since 2021, Api Group Foundation has awarded 75 individual grants totaling $1,801,620. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell A Becker Director (start 5/2023) | 1 | $0 | |
Louis Lambert Director | 1 | $0 | |
Tony Larson Director | 1 | $0 | |
Tony Lucia Director | 1 | $0 | |
Andrew S Mccleery Director | 1 | $0 | |
Kristina Morton President And Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $67,478 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25 |
| Total Revenue | $67,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $43 |
| Contributions, gifts, grants paid | $1,284,550 |
| Total expenses and disbursements | $1,284,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,862 |
| Savings and temporary cash investments | $555,549 |
| 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 | $570,411 |
| 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, Api Group Foundation has awarded $1,284,550 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVE TWIN CITIES PURPOSE: GENERAL SUPPORT | $25,000 |
23RD VETERAN PURPOSE: GENERAL SUPPORT | $10,000 |
ALLINA HEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
AMERICAN CANCER SOCIETY INC PURPOSE: GENERAL SUPPORT | $25,000 |
AVIVO PURPOSE: GENERAL SUPPORT | $5,000 |
CHILDREN S HEARTLINK PURPOSE: GENERAL SUPPORT | $5,000 |