Offutt Family Foundation
- Assets
- $0.0
- Revenue
- $20.5m
- Investments
- $21.8m
- Employees
- 0
- Location
- Fargo, ND
- Founding
- 02/2009
- Data as of
- 12/2020
- EIN
- 26-6574983
Organization Overview
Offutt Family Foundation is located in Fargo, ND. The organization was established in 2009. 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. Offutt 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 12/2020, Offutt Family Foundation generated $20.5m in total revenue. All expenses for the organization totaled $744.0k during the year ending 12/2020.
Since 2016, Offutt Family Foundation has awarded 147 individual grants totaling $3,131,626. 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 |
|---|---|---|---|
Shelly Neal Trustee | 0.1 | $0 | |
Karen Offutt Trustee | 0.1 | $0 | |
Rondi Mcgovern Trustee | 0.1 | $0 | |
Thomas K Espel Administrator | 0.1 | $0 | |
Allan F Knoll Trustee | 0.1 | $0 | |
Ryan Offutt Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,015,511 |
| Interest on Savings | $2,314 |
| Dividends & Interest | $336,112 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,389 |
| Total Revenue | $20,499,333 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,077 |
| Printing and publications | $1,576 |
| Total operating and administrative expenses | $376,275 |
| Contributions, gifts, grants paid | $367,725 |
| Total expenses and disbursements | $744,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,931,483 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Offutt Family Foundation has awarded $1,461,876 in support to 77 organizations.
| Grant Recipient | Amount |
|---|---|
Fargo, ND PURPOSE: HOUSE CAMPAIGN | $335,000 |
Medora, ND PURPOSE: BUILDING PLEDGE | $250,000 |
LUTHER SEMINARY PURPOSE: FAITH + LEAD ACADEMY | $175,000 |
SANFORD FOUNDATION PURPOSE: HEART CENTER | $150,000 |
TNT KID'S FITNESS & GYMNASTICS PURPOSE: PLEDGE | $66,667 |
MAGIC CITY DISCOVERY CENTER PURPOSE: GENERAL FUND | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Dennis R Washington Foundation Inc Missoula, MT | $1,024,973,213 | $135,352,040 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Manitou Fund White Bear Lake, MN | $1,003,593,689 | $40,882,622 |
Lynne & Andrew Redleaf Foundation Minneapolis, MN | $127,717,345 | $981,960 |
Northwest Area Foundation St Paul, MN | $512,755,007 | $38,144,816 |
Medtronic Communities Foundation Minneapolis, MN | $54,271,830 | $230,239 |
General Mills Foundation Minneapolis, MN | $0 | -$304,053 |
J A Wedum Foundation Plymouth, MN | $141,295,178 | $28,441,684 |
Target Foundation Minneapolis, MN | $85,335,634 | $55,020,175 |
Wem Foundation Minneapolis, MN | $121,487,044 | $26,370,141 |