Robert K Else Family Charitable Foundation
- Assets
- $1.8m
- Revenue
- $197.6k
- Investments
- $955.8k
- Employees
- 0
- Location
- Mankato, MN
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-1765162
Organization Overview
Robert K Else Family Charitable Foundation is located in Mankato, MN. The organization was established in 2006. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert K Else Family Charitable 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, Robert K Else Family Charitable Foundation generated $197.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $72.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Robert K Else Family Charitable Foundation has awarded 14 individual grants totaling $201,740. 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 |
|---|---|---|---|
Lori Else Butler Director, President | 1 | $0 | |
Eric Else Director, Secretary/treasu | 1 | $0 | |
Robert K Else II Director, Vice President | 1 | $0 | |
Lenore M Else Director, Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $107,428 |
| Interest on Savings | $14,757 |
| Dividends & Interest | $15,062 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,383 |
| Capital Gain Net Income | $60,383 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $197,630 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,354 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $63 |
| Total operating and administrative expenses | $11,229 |
| Contributions, gifts, grants paid | $61,000 |
| Total expenses and disbursements | $72,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,034 |
| Savings and temporary cash investments | $856,665 |
| 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 | $3,104 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,834,503 |
| 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, Robert K Else Family Charitable Foundation has awarded $61,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BETHANY LUTHERAN THEOLOGICAL SEMINARY PURPOSE: REV. AHLERT AND CLARA STRAND SCHOLARSHIP FUND | $20,000 |
Boone, NC PURPOSE: PROVIDING SPIRITUAL AND PHYSICAL AID TO HURTING PEOPLE AROUND THE WORLD | $20,000 |
JESUS FILM PROJECT PURPOSE: KEEP THE GOSPEL ON FILM GOING OUT TO UNREACHED PEOPLE. | $15,000 |
Orlando, FL PURPOSE: TO KEEP THE BIBLE GOING OUT TO UNREACHED LANGUAGE GROUPS. | $5,000 |
PRISON FELLOWSHIP PURPOSE: TRANSFORMING THE LIVES OF PRISONERS AND THEIR FAMILIES | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Desiring God Ministries Minneapolis, MN | $8,654,171 | $9,657,693 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Praying Pelican Missions Minneapolis, MN | $539,673 | $5,474,608 |
Venture Burnsville, MN | $4,889,777 | $6,516,603 |
Evangelical Lutheran Good Samaritan Foundation Sioux Falls, SD | $102,471,128 | $9,259,464 |
Christian Worship Hour Aberdeen, SD | $3,374,479 | $4,060,903 |
Luther Memorial Home Madelia, MN | $3,423,486 | $4,600,698 |
Barnabas International Elkhorn, WI | $2,407,026 | $3,476,922 |
Fargo Union Mission Inc Fargo, ND | $6,248,468 | $4,299,626 |
Our Saviours Community Services Minneapolis, MN | $1,113,008 | $3,093,408 |
Tomorrow Clubs International Inc Eagan, MN | $1,317,587 | $2,788,690 |