Fsc Foundation Inc
- Assets
- $16.2k
- Revenue
- $150.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/1987
- Data as of
- 12/2022
- EIN
- 36-3502968
Organization Overview
Fsc Foundation Inc is located in Minneapolis, 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. Fsc Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Fsc Foundation Inc has awarded 80 individual grants totaling $432,790. 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 |
|---|---|---|---|
Brother Thomas Hetland Fsc President | 2 | $0 | |
Sr Margaret Dempsey Rsm Board Member | 2 | $0 | |
Br Johnathan Emanuelson Fsc Board Member | 2 | $0 | |
Br John Montgomery Fsc Board Member | 2 | $0 | |
Sr Barbara Nelson Ibvm Board Member | 2 | $0 | |
Sr Karen Nykiel Osb Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| 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 | $0 |
| Total Revenue | $150,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $72 |
| Other expenses | $5,970 |
| Total operating and administrative expenses | $6,502 |
| Contributions, gifts, grants paid | $132,500 |
| Total expenses and disbursements | $139,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,244 |
| 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 | $16,244 |
| 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, Fsc Foundation Inc has awarded $132,500 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
CATHERINE MCAULEY CENTER PURPOSE: ELL AND COMMUNITY ENGAGEMENT | $3,500 |
BR DAVID DARST CENTER FOR JUSTICE PURPOSE: IMMERSION RETREAT PROGRAM I NEW SPACE | $3,500 |
LA SALLE MANOR RETREAT CENTER PURPOSE: RETREAT MISSION FUND | $3,500 |
PRESENTATION MINISTRY CENTER PURPOSE: SCIENCE AND TECHNOLOGY | $3,500 |
ST MATTHEW PARISH AND SCHOOL PURPOSE: LEARNING PROJECTION TOOL | $3,500 |
CENTRAL WASHINGTON CATHOLIC PURPOSE: DIGITAL LEARNING | $3,500 |