One Foundation Incorporated
- Assets
- $5.6m
- Revenue
- $429.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Rapids, IA
- Founding
- 10/1988
- Data as of
- 06/2024
- EIN
- 86-0610662
Organization Overview
One Foundation Incorporated is located in Cedar Rapids, IA. The organization was established in 1988. 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. One Foundation Incorporated 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 06/2024, One Foundation Incorporated generated $429.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $237.6k during the year ending 06/2024. While expenses have increased by 4.0% 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 2021, One Foundation Incorporated has awarded 25 individual grants totaling $896,778. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
SIX CHARITABLE GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald A Nelson President Secretary | 2 | $0 | |
Mary A Nelson Treasurer | 15 | $0 | |
David M Hull Vice President | 1 | $0 | |
Elizabeth A Hull Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $301,423 |
| Interest on Savings | $13,612 |
| Dividends & Interest | $114,832 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $12 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $429,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,636 |
| Contributions, gifts, grants paid | $236,007 |
| Total expenses and disbursements | $237,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,027 |
| Savings and temporary cash investments | $5,628,108 |
| 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 | $5,646,135 |
| 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, One Foundation Incorporated has awarded $236,007 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PRAGER U PURPOSE: EDUCATIONAL GRANTS FOR PUBLICATIONS TEACHING | $50,000 |
FAMILY RESEARCH COUNCIL PURPOSE: TRAVEL TO UNITED NATIONS MEETINGEDUCATION | $100,000 |
BRIDGEHAVEN PREGNANCY SUPPORT CENTER PURPOSE: CONFRENCE MEDICAL EXPANSION EDUCATIONAL GRANTS | $14,407 |
JILLYBEAN ENTERPRISES INC PURPOSE: MEDICAL BAG AND MEDICAL DEFIBRILLATOR HEALTH | $3,200 |
HIS HANDS FREE CLINIC PURPOSE: MEDICAL STAFF TRAINING TEAM BUILDING | $18,400 |
FOCUS ON THE FAMILY PURPOSE: POST ROE STRATEGY | $50,000 |