Engebretson Foundation Inc
- Assets
- $1.0m
- Revenue
- $92.5k
- Investments
- $994.5k
- Employees
- 0
- Location
- Elkhorn, NE
- Founding
- 11/2004
- Data as of
- 05/2024
- EIN
- 20-1572020
Organization Overview
Engebretson Foundation Inc is located in Elkhorn, NE. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Engebretson Foundation Inc 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 05/2024, Engebretson Foundation Inc generated $92.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $91.2k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Engebretson Foundation Inc has awarded 18 individual grants totaling $220,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie R Engebretson President | 0 | $0 | |
James D Engebretson Secretary | 0 | $0 | |
Michael J Engebretson Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $562 |
| Dividends & Interest | $29,866 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $62,038 |
| Capital Gain Net Income | $62,038 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12 |
| Total Revenue | $92,478 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $5,414 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $414 |
| Depreciation | $0 |
| Occupancy | $156 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,331 |
| Total operating and administrative expenses | $16,215 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $91,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,237 |
| Savings and temporary cash investments | $2,374 |
| 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 | $1,003,080 |
| 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, Engebretson Foundation Inc has awarded $75,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CALTECH PURPOSE: CHARITY - SCHOLARSHIP AWARDS | $10,000 |
SAINT MICHAEL LUTHERAN CHURCH PURPOSE: CHARITY | $30,000 |
UNIVERSITY OF MINNESOTA-ROCHESTER PURPOSE: CHARITY - SCHOLARSHIP AWARDS | $15,000 |
UNIVERSITY OF VIRGINIA PURPOSE: CHARITY - SCHOLARSHIP AWARDS | $10,000 |
WEST TEXAS A&M UNIVERSITY PURPOSE: CHARITY - SCHOLARSHIP AWARDS | $10,000 |