Star Foundation

Organization Overview

Star Foundation is located in Chanhassen, MN. The organization was established in 2007. 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. Star 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, Star Foundation generated $52.5k 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 (5.1%) each year. All expenses for the organization totaled $37.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Star Foundation has awarded 32 individual grants totaling $172,309. 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

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Paul Taunton
President
$0
Peter Taunton
Vice President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $5,000
Interest on Savings $0
Dividends & Interest $0
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 $47,500
Total Revenue $52,500

Grants Awarded

Over the last fiscal year, Star Foundation has awarded $6,000 in support to 2 organizations.

Grant RecipientAmount

FOLDS OF HONOR

PURPOSE: DONATION

$5,000

BIG FOUNDATION

PURPOSE: DONATION

$1,000
View Grant Profile

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