Foundation X

Organization Overview

Foundation X is located in Minneapolis, MN. According to its NTEE Classification (T30) the organization is classified as: Public 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. Foundation X is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ACHIEVE A GREATER GOOD FOR ALL THROUGH EFFECTIVE PHILANTHROPY THAT ADVANCES LONG-TERM AND SUSTAINABLE COMMUNITY CHANGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE MATCHING FUNDS TO INDIVIDUALS TO ADVANCE THEIR PERSONAL EFFORTS TO GIVE BACK TO THE CAUSES AND COMMUNITIES THEY CARE ABOUT. TOTAL GIVING $37,809.


THE FOUNDATION X HOLIDAY HAT TRICK INITIATIVE INVITES PLAYERS ACROSS THE NATIONAL HOCKEY LEAGUE TO GIVE THE GIFT OF A JOYOUS HOLIDAY SEASON TO FAMILIES IN THEIR LOCAL COMMUNITY THROUGH A QUALIFIED NONPROFIT ORGANIZATION. IN ADDITION TO THEIR PARTICIPATION, MATCHING DONATIONS WILL BE MADE TO TRIPLE THEIR CONTRIBUTIONS AND PROVIDE AN EVEN GREATER IMPACT.


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Board, Officers & Key Employees

Name (title)Compensation
Rob Nelson
President
$0
Sean Baenen
Vice President
$0
Emily Vennerstrom
Secretary & Exec Dir
$0
Sumit Mehta 1122-43022
Treasurer
$0
Todd Moser
Director
$0
Ward Armstrong
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$102
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$102
Total Program Service Revenue$0
Investment income $1,453
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$3,272
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue -$1,717

Grants Awarded

Over the last fiscal year, Foundation X has awarded $75,650 in support to 3 organizations.

Grant RecipientAmount

CONSTELLATION FUND

PURPOSE: GENERAL PURPOSES

$25,000

THE CHICAGO COMMUNITY TRUST

PURPOSE: GENERAL PURPOSES

$25,000

BRIGHT FUNDS FOUNDATION

PURPOSE: GENERAL PURPOSES

$25,650
View Grant Profile

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