Finzen-Clark Family Foundation
- Assets
- $196.1k
- Revenue
- $14.5k
- Investments
- $195.2k
- Employees
- 0
- Location
- Dallas, SD
- Founding
- 03/2006
- Data as of
- 12/2022
- EIN
- 20-2043475
Organization Overview
Finzen-Clark Family Foundation is located in Dallas, SD. The organization was established in 2006. 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. Finzen-Clark Family 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 12/2022, Finzen-Clark Family Foundation generated $14.5k 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 (3.8%) each year. All expenses for the organization totaled $22.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Finzen-Clark Family Foundation has awarded 63 individual grants totaling $164,950. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Finzen Director | 1 | $0 | |
Terry Finzen Director | 1 | $0 | |
Tom Clark Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,082 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $465 |
| Capital Gain Net Income | $465 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,547 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $308 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,019 |
| Contributions, gifts, grants paid | $17,750 |
| Total expenses and disbursements | $22,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $916 |
| 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 | $195,208 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $196,124 |
| 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, Finzen-Clark Family Foundation has awarded $17,750 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR PUBLIC INTEGRITY PURPOSE: CHARITABLE GIFT | $10,000 |
KANSAS STATE UNIVERSITY SCHOLARSHIP PURPOSE: CHARITABLE GIFT FOR A SCHOLARSHIP | $2,500 |
KANSAS UNIVERSITY SCHOLARSHIP PURPOSE: CHARITABLE GIFT FOR A SCHOLARSHIP | $2,500 |
EMPORIA STATE SCHOLARSHIP PURPOSE: CHARITABLE GIFT FOR A SCHOLARSHIP | $1,500 |
OVARIAN CANCER RESARCH FUND ALLIANCE PURPOSE: CHARITABLE GIFT | $1,250 |