Minnesota Wild Foundation
- Assets
- $806.0k
- Revenue
- $970.9k
- Investments
- $0.0
- Employees
- 1
- Location
- St Paul, MN
- Founding
- 01/2010
- Data as of
- 06/2023
- EIN
- 90-0518400
Organization Overview
Minnesota Wild Foundation is located in St Paul, MN. The organization was established in 2010. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Wild 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 06/2023, Minnesota Wild Foundation generated $970.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $730.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Minnesota Wild Foundation has awarded 122 individual grants totaling $3,431,981. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MINNESOTA WILD FOUNDATION EXISTS TO SUPPORT THE GAME OF HOCKEY AND IMPROVE THE LIVES OF FAMILIES IN THE STATE OF HOCKEY THROUGH SPECIAL EVENTS, AUCTIONS, AND THE SALES OF PLAYER AUTOGRAPHED ITEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MINNESOTA WILD FOUNDATION EXISTS TO SUPPORT THE GAME OF HOCKEY AND TO IMPROVE THE LIVES OF FAMILIES IN THE STATE OF HOCKEY. THE MINNESOTA WILD FOUNDATION SUPPORTS THIS MISSION BY FUNDRAISING THROUGH SPECIAL EVENTS, AUCTIONS, AND THE SALES OF PLAYER AUTOGRAPHED ITEMS. IN ADDITION, THE MINNESOTA WILD FOUNDATION SERVES AS A FUNDRAISING VEHICLE FOR OTHER NON- PROFIT ORGANIZATIONS THAT FIT OUR MISSION. INVITING LOCAL NON-PROFITS TO HOLD A 50/50 RAFFLE DURING HOME MINNESOTA WILD NHL GAMES IS AN EXAMPLE OF HOW THE MINNESOTA WILD FOUNDATION ASSISTS OTHER CHARITABLE ORGANIZATIONS IN THEIR FUNDRAISING EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Schuldt Executive Di | Officer | 40 | $94,309 |
Pam Wheelock Chair | OfficerTrustee | 2 | $0 |
Scott Peterson Vice-Chair | OfficerTrustee | 1 | $0 |
Dan Scott Secretary | OfficerTrustee | 1 | $0 |
Jeff Pellegrom Treasurer | OfficerTrustee | 1 | $0 |
Brad Bombardir Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $652,356 |
| Related organizations | $186,757 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $137,393 |
| Noncash contributions included in lines 1a–1f | $34,452 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $976,506 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$51,616 |
| Net Income from Gaming Activities | $45,988 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $970,878 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $481,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,674 |
| Compensation of current officers, directors, key employees. | $17,358 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,661 |
| Pension plan accruals and contributions | $3,081 |
| Other employee benefits | $5,505 |
| Payroll taxes | $13,550 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,349 |
| Office expenses | $7,268 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,852 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $14,156 |
| Total functional expenses | $730,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $729,287 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,662 |
| Accounts receivable, net | $49,686 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,274 |
| Prepaid expenses and deferred charges | $7,061 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $805,970 |
| Accounts payable and accrued expenses | $20,649 |
| Grants payable | $15,831 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $36,480 |
| Net assets without donor restrictions | $769,490 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $805,970 |
Grants Awarded
Over the last fiscal year, Minnesota Wild Foundation has awarded $414,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S MINNESOTA FOUNDATION PURPOSE: GENERAL SUPPORT | $15,000 |
MINNESOTA HOCKEY INC PURPOSE: GENERAL SUPPORT | $52,500 |
CHILDREN'S CANCER RESEARCH FUND PURPOSE: GENERAL SUPPORT | $30,000 |
DINOMIGHTS PURPOSE: GENERAL SUPPORT | $45,000 |
MSHSL BOYS COACHES ASSOCATION PURPOSE: GENERAL SUPPORT | $7,500 |
CHILDREN'S MINNESOTA HOSPITAL PURPOSE: GENERAL SUPPORT | $155,000 |