Usibelli Foundation

Organization Overview

Usibelli Foundation is located in Fairbanks, AK. The organization was established in 1992. 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. Usibelli 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 12/2021, Usibelli Foundation generated $605.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.4% each year . All expenses for the organization totaled $130.1k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 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 2015, Usibelli Foundation has awarded 505 individual grants totaling $710,396. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NOT APPLICABLE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $102,384
Interest on Savings $7
Dividends & Interest $93,101
Net Rental Income$0
Net Gain on Sale of Assets $409,471
Capital Gain Net Income $409,471
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $604,963

Grants Awarded

Over the last fiscal year, Usibelli Foundation has awarded $120,015 in support to 72 organizations.

Grant RecipientAmount

THE GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION

Org PageRecipient Profile

Fairbanks, AK

PURPOSE: FOR HEALTH/SOCIAL SERVICES

$10,000

UNITED WAY OF THE TANANA VALLEY

Org PageRecipient Profile

Fairbanks, AK

PURPOSE: FOR HEALTH/SOCIAL SERVICES

$8,815

DENALI BOROUGH SCHOOL DISTRICT

PURPOSE: FOR EDUCATIONAL SERVICES

$8,000

NEIGHBOR TO NEIGHBOR

Org PageRecipient Profile

Healy, AK

PURPOSE: FOR HEALTH/SOCIAL SERVICES

$6,415

ALASKA RESOURCE EDUCATION

PURPOSE: FOR EDUCATIONAL SERVICES

$5,752

Denali Park, AK

PURPOSE: FOR SERVICES TO YOUTH

$5,390
View Grant Profile

Peer Organizations

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