Norberg Fam Foundation Tr
- Assets
- $2.3m
- Revenue
- $204.1k
- Investments
- $2.2m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 10/2006
- Data as of
- 12/2022
- EIN
- 91-6573784
Organization Overview
Norberg Fam Foundation Tr is located in Seattle, WA. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Norberg Fam Foundation Tr 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, Norberg Fam Foundation Tr generated $204.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $159.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Norberg Fam Foundation Tr has awarded 349 individual grants totaling $997,927. 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 |
|---|---|---|---|
Nancy P Norberg Trustee | 0 | $0 | |
Douglas E Norberg Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,426 |
| Dividends & Interest | $60,100 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $139,623 |
| Capital Gain Net Income | $139,623 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $204,149 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $848 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,064 |
| Total operating and administrative expenses | $17,372 |
| Contributions, gifts, grants paid | $142,470 |
| Total expenses and disbursements | $159,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $134,698 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $9,456 |
| 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 | $1,523,061 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,333,241 |
| 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, Norberg Fam Foundation Tr has awarded $142,470 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF KING COUNTY PURPOSE: FINANCIAL SUPPORT | $10,000 |
BOYS AND GIRLS CLUB OF SANTA BARBAR PURPOSE: FINANCIAL SUPPORT | $3,000 |
COLORADO COLLEGE PURPOSE: FINANCIAL SUPPORT | $500 |
DOCTORS WITHOUT BORDERS PURPOSE: FINANCIAL SUPPORT | $1,500 |
DIRECT RELIEF PURPOSE: FINANCIAL SUPPORT | $1,500 |
ENSEMBLE THEATRE COMPANY PURPOSE: FINANCIAL SUPPORT | $12,300 |