H William Lurton Foundation
- Assets
- $677.4k
- Revenue
- $25.2k
- Investments
- $661.4k
- Employees
- 0
- Location
- Long Lake, MN
- Founding
- 03/1987
- Data as of
- 12/2021
- EIN
- 36-3492652
Organization Overview
H William Lurton Foundation is located in Long Lake, MN. The organization was established in 1987. 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. H William Lurton 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, H William Lurton Foundation generated $25.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (33.1%) each year. All expenses for the organization totaled $84.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, H William Lurton Foundation has awarded 61 individual grants totaling $111,020. 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 |
|---|---|---|---|
Jennifer Lurton Keller Director | 1 | $0 | |
Carrie Lurton Cochran Director | 1 | $0 | |
H William Lurton President | 3 | $0 | |
Scott Daniel Lurton Director | 1 | $0 | |
Nancy Lurton Erickson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,462 |
| Interest on Savings | $6 |
| Dividends & Interest | $19,760 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3 |
| Capital Gain Net Income | $3 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,231 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $260 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,487 |
| Total operating and administrative expenses | $8,173 |
| Contributions, gifts, grants paid | $76,220 |
| Total expenses and disbursements | $84,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,959 |
| Savings and temporary cash investments | $0 |
| 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 | $677,373 |
| 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, H William Lurton Foundation has awarded $76,220 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Greenwood Village, CO PURPOSE: GENERAL | $30,500 |
QEM FIRE & RESCUE PURPOSE: GENERAL | $20,000 |
GREATER MINNEAPOLIS CRISIS NURSERY PURPOSE: GENERAL | $2,000 |
BEACON HAVEN PURPOSE: GENERAL | $2,000 |
Minneapolis, MN PURPOSE: GENERAL | $2,000 |
Brooklyn, NY PURPOSE: GENERAL | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
We Energies Foundation Inc Milwaukee, WI | $74,423,525 | $6,027,785 |
3m Foundation St Paul, MN | $11,832,463 | $7,120,220 |
Richard O Jacobson Foundation Inc Des Moines, IA | $24,841,991 | $13,826,505 |
The Ceres Trust Milwaukee, WI | $8,473,497 | $7,541,315 |
New Jci Foundation Inc Milwaukee, WI | $45,616,522 | $3,307,387 |
Hugh J Andersen Foundation Bayport, MN | $156,260,583 | $11,255,430 |
Hall-Perrine Foundation Cedar Rapids, IA | $140,581,654 | $14,980,430 |
Dohmen Company Foundation Inc Milwaukee, WI | $0 | $9,439,356 |
Xcel Energy Foundation Minneapolis, MN | $11,307,736 | $67,424 |
Patrick & Aimee Butler Family Foundation St Paul, MN | $109,951,624 | $8,639,825 |
Mead Witter Foundation Inc Wisconsin Rapids, WI | $51,357,757 | $5,357,467 |
Comer Science And Education Foundation Waukesha, WI | $78,906,538 | $1,965,731 |