Margaret A Cargill Foundation is located in Eden Prairie, MN.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Morse Trustee Chair, CEO | 55 | $1,206,669 | |
Paul Busch Trustee, President | 55 | $694,648 | |
Naomi Horsager Treasurer, CFO | 50 | $447,438 | |
Heather Kukla Secretary, General Counsel | 50 | $424,115 | |
Terrence Meersman VP Of Programs | 50 | $455,296 | |
Shawn Wischmeier Chief Investment Officer | 50 | $1,181,780 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Bridgespan Group Inc | 12/30/16 | $762,695 |
Arrowstreet Capital Limited Partnership | 12/30/16 | $724,056 |
Womble Carlyle Sandridge & Rice Llp | 12/30/16 | $855,006 |
Financial Risk Groupinc | 12/30/16 | $1,548,261 |
Mcgough Construction Co Inc | 12/30/16 | $11,200,191 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,865,302 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$41,716,691 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,124,427 |
| Total Revenue | $6,273,038 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,210,034 |
| Other employee salaries and wages | $14,163,071 |
| Pension plans, employee benefits | $3,184,200 |
| Interest | $0 |
| Taxes | $2,483,735 |
| Depreciation | $2,854,479 |
| Occupancy | $3,711,580 |
| Travel, conferences, and meetings | $1,209,803 |
| Printing and publications | $0 |
| Other expenses | $4,685,942 |
| Total operating and administrative expenses | $49,967,610 |
| Contributions, gifts, grants paid | $102,640,109 |
| Total expenses and disbursements | $152,607,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,629,022 |
| Net Accounts receivable | $6,212,692 |
| 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 | $1,617,980 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,937,049,397 |
| Net Land, buildings, and equipment | $57,678,437 |
| Other assets | $0 |
| Total assets | $2,901,050,009 |
| Accounts payable and accrued expenses | $10,897,463 |
| Grants payable | $62,223,170 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,013,665 |
| Total liabilities | $76,134,298 |
Over the last fiscal year, Margaret A Cargill Foundation has awarded $156,642,115 in support to 497 organizations.
| Grant Recipient | Amount |
|---|---|
ACTIONAID USA PURPOSE: AGRO-ECOLOGY AND RESILIENCE IN SENEGAL AND THE GAMBIA | $500,000 |
ALASKA ARTS SOUTHEAST INC PURPOSE: RESIDENCE HALL UPGRADE AND RE-MODEL | $1,465,000 |
ALASKA CONSERVATION FOUNDATION PURPOSE: ACF TONGASS FISH, PEOPLE AND PLACE PROGRAM | $400,000 |
ANCHORAGE SCHOOL DISTRICT PURPOSE: NORTHERN JOURNEYS | $466,667 |
AMERICAN INDIAN COLLEGE FUND PURPOSE: TCUS BUILDING SUSTAINABILITY PATHWAYS | $300,000 |
ANIMAL HUMANE SOCIETY PURPOSE: COMMUNITY OUTREACH PROGRAM | $165,615 |