Lyngblomsten Foundation
- Assets
- $9.9m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 03/1986
- Data as of
- 12/2021
- EIN
- 36-3371887
Organization Overview
Lyngblomsten Foundation is located in St Paul, MN. The organization was established in 1986. According to its NTEE Classification (T30) the organization is classified as: Public 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. Lyngblomsten 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, Lyngblomsten Foundation generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 12.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lyngblomsten Foundation has awarded 17 individual grants totaling $10,026,154. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS TO SUPPORT THE MISSION OF LYNGBLOMSTEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THANKS TO THE GENEROSITY OF 620 DONORS, THE LYNGBLOMSTEN FOUNDATION RAISED $472,367 FOR LYNGBLOMSTEN PROGRAMS AND SERVICES IN 2021.THE LYNGBLOMSTEN FOUNDATION AWARDED THE ANNA QUALE FERGSTAD AWARD FOR DISTINGUISHED SERVICE TO SHERWIN SINGSAAS, WHO HAS SHARED HIS TIME AND TREASURE WITH LYNGBLOMSTEN SINCE THE 1990S.FUNDRAISERS IN 2021 INCLUDED THE LYNGBLOMSTEN FOUNDATION'S SPRING GALA AND LIGHTS OF LYNGBLOMSTEN YEAR-END CAMPAIGN. IN 2021, THE LYNGBLOMSTEN FOUNDATION DISTRIBUTED $2,244,478 TO LYNGBLOMSTEN PROGRAMS, INCLUDING TO LINO LAKES SECOND CAMPUS DEVELOPMENT (77%), COMMUNITY SERVICES (14%), THE CARE CENTER (4%), LIFELONG LEARNING & THE ARTS PROGRAMMING (3%), AND OTHER INITIATIVES (2%).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Joy Johnson Secretary (thru 8/15/21) | OfficerTrustee | 1 | $0 |
David Christianson Treasurer | OfficerTrustee | 1 | $0 |
Jeff Heinecke President And CEO | OfficerTrustee | 3.5 | $0 |
Rev Martin Ericson Chair | OfficerTrustee | 1 | $0 |
Kim Donat Vice Chair | OfficerTrustee | 1 | $0 |
Bradley J Jacobson CFO | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $92,621 |
| Related organizations | $3,200,000 |
| Government grants | $27,551 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,153 |
| Noncash contributions included in lines 1a–1f | $16,022 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,662,325 |
| Total Program Service Revenue | $0 |
| Investment income | $306,139 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $675,562 |
| Net Income from Fundraising Events | -$14,048 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,629,978 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,171,797 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $133,812 |
| Pension plan accruals and contributions | $4,478 |
| Other employee benefits | $13,477 |
| Payroll taxes | $10,108 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,704 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,510 |
| Fees for services: Other | $60,017 |
| Advertising and promotion | $0 |
| Office expenses | $12,924 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,205 |
| Interest | $14,602 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,579 |
| All other expenses | $5,164 |
| Total functional expenses | $2,547,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233,843 |
| Savings and temporary cash investments | $287,461 |
| Pledges and grants receivable | $32,594 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,374 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $9,366,658 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,921,930 |
| Accounts payable and accrued expenses | $21,518 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $207,042 |
| Total liabilities | $228,560 |
| Net assets without donor restrictions | $7,376,639 |
| Net assets with donor restrictions | $2,316,731 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,921,930 |
Grants Awarded
Over the last fiscal year, Lyngblomsten Foundation has awarded $2,171,797 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
St Paul, MN PURPOSE: PURCHASE OF CAPITAL IMPROVEMENTS AND EQUIPMENT. | $1,792,926 |
St Paul, MN PURPOSE: SUPPORT FOR COMMUNITY HOME BASED SERVICES TO THE ELDERLY. | $378,871 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Lyngblomsten Foundation has recieved totaling $3,071,506.
| Awarding Organization | Amount |
|---|---|
Lyngblosten Care Center Inc St Paul, MN PURPOSE: TO SUPPORT GENERAL OPERATIONS. | $3,000,000 |
Fred C And Katherine B Andersen Foundation Bayport, MN PURPOSE: GENERAL SUPPORT | $35,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $14,256 |
Elim Homes Inc Edina, MN PURPOSE: TO SUPPORT THE SOCIAL MINISTRY OF PROVIDING QUALITY CARE TO SENIORS. | $11,500 |
The American Center For Philanthropy Inc Northfield, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $5,500 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $5,250 |
Endowment Analysis
| Beg. Balance | $4,370,088 |
| Earnings | $432,643 |
| Net Contributions | $400 |
| Other Expense | $172,742 |
| Ending Balance | $4,630,389 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of St Vincent De Paul- Twin Cities Minneapolis, MN | $592,562 | $17,408,500 |
Northland Foundation Duluth, MN | $110,895,270 | $27,913,272 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Community Foundation Of Johnson Coralville, IA | $45,550,796 | $9,673,780 |
The American Center For Philanthropy Inc Northfield, MN | $38,336,369 | $9,301,432 |
Lyon County Riverboat Foundation Inc Rock Rapids, IA | $2,226,608 | $3,365,358 |
Morgan Memorial Foundation Inc Morgan, MN | $3,017,509 | $3,804,451 |
Believers Stewardship Services Inc Dubuque, IA | $18,487,302 | $3,760,622 |
Nexus Community Partners Saint Paul, MN | $15,080,839 | $10,294,112 |
Caseys Charities Ankeny, IA | $167,680 | $3,051,265 |