Dr Calvin Fercho Family Foundation
- Assets
- $605.2k
- Revenue
- $124.4k
- Investments
- $368.1k
- Employees
- 0
- Location
- Fargo, ND
- Founding
- 02/2006
- Data as of
- 12/2022
- EIN
- 20-3781283
Organization Overview
Dr Calvin Fercho Family Foundation is located in Fargo, ND. The organization was established in 2006. 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. Dr Calvin Fercho 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, Dr Calvin Fercho Family Foundation generated $124.4k 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 (26.5%) each year. All expenses for the organization totaled $84.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dr Calvin Fercho Family Foundation has awarded 95 individual grants totaling $429,375. 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 |
|---|---|---|---|
Calvin K Fercho President | 0.1 | $0 | |
William F Fercho Secretary/tr | 0.1 | $0 | |
Jane F Ludlow Vice Preside | 0.1 | $0 | |
Nancy F Undem Director | 0.1 | $0 | |
John C Fercho Director | 0.1 | $0 | |
Mary F Morton Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $94,088 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,280 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $124,368 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $290 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $2,600 |
| Contributions, gifts, grants paid | $81,500 |
| Total expenses and disbursements | $84,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,156 |
| Savings and temporary cash investments | $235,907 |
| 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 | $605,172 |
| 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, Dr Calvin Fercho Family Foundation has awarded $81,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA ENDOWMENT FUND INC PURPOSE: GENERAL SUPPORT | $25,000 |
Fargo, ND PURPOSE: GENERAL SUPPORT | $10,000 |
THE VILLAGE FAMILY SERVIC PURPOSE: GENERAL SUPPORT | $8,500 |
FARGO PUBLIC SCHOOLS DEV FOUND PURPOSE: GENERAL SUPPORT | $5,000 |
NEW LIFE CENTER PURPOSE: GENERAL SUPPORT FOR HOMELESS PROGRAM | $5,000 |
Moorhead, MN PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montana Healthcare Foundation Bozeman, MT | $211,845,474 | $27,605,227 |
3m Foundation St Paul, MN | $11,832,463 | $7,120,220 |
Hugh J Andersen Foundation Bayport, MN | $156,260,583 | $11,255,430 |
Xcel Energy Foundation Minneapolis, MN | $11,307,736 | $67,424 |
Patrick & Aimee Butler Family Foundation St Paul, MN | $109,951,624 | $8,639,825 |
Bcbsm Foundation Inc St Paul, MN | $78,373,762 | $6,512,413 |
Guilder Foundation Minneapolis, MN | $118,202,897 | $10,919,444 |
Hrk Foundation St Paul, MN | $34,778,924 | $4,216,613 |
Bruno And Evelyne Betti Foundation Billings, MT | $0 | $451,341 |
Robina Foundation Minneapolis, MN | $0 | -$1,109,108 |
Harry & Jan Sweere Foundation Lakeville, MN | $78,780,881 | $4,972,499 |
Jerome Foundation Inc Saint Paul, MN | $114,397,999 | $13,691,768 |