Rollie And Barbara Anderson Family Foundation
- Assets
- $17.2m
- Revenue
- $1.2m
- Investments
- $15.9m
- Employees
- 0
- Location
- St Cloud, MN
- Founding
- Data as of
- 12/2022
- EIN
- 85-1337539
Organization Overview
Rollie And Barbara Anderson Family Foundation is located in St Cloud, 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. Rollie And Barbara Anderson Family 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, Rollie And Barbara Anderson Family Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (60.4%) each year. All expenses for the organization totaled $656.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rollie And Barbara Anderson Family Foundation has awarded 33 individual grants totaling $1,310,000. 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 |
|---|---|---|---|
Julie Edinger President | 5 | $0 | |
Ingrid Anderson Secretary/tr | 5 | $0 | |
Rollis Anderson Director | 1 | $0 | |
Barbara Anderson Director | 1 | $0 | |
Brent Anderson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $395 |
| Dividends & Interest | $457,603 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$212,223 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,245,775 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,442 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28,949 |
| Total operating and administrative expenses | $56,792 |
| Contributions, gifts, grants paid | $600,000 |
| Total expenses and disbursements | $656,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,021,057 |
| Savings and temporary cash investments | $336,811 |
| 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 | $17,238,373 |
| 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, Rollie And Barbara Anderson Family Foundation has awarded $600,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BETHEL UNIVERSITY PURPOSE: POST BACCALAUREATE NURSING PROGRAM | $50,000 |
CAMP LEBANON PURPOSE: GYM FACILITY | $50,000 |
CENTRAL MN HABITAT FOR HUMANITY PURPOSE: AFFORDABLE HOUSING | $25,000 |
ECHO HOPE AGAINST HUNGER PURPOSE: SOLAR EQUIPMENT INSTALLATION | $50,000 |
FREEDOM FARM PURPOSE: PROVIDE HEALING THROUGH HORSES | $25,000 |
MIKE SILVA INTERNATIONAL PURPOSE: CELEBRATE MINNESOTA EVENT | $50,000 |