Everett L Amis Foundation Inc
- Assets
- $550.1k
- Revenue
- $22.2k
- Investments
- $520.2k
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 41-1431074
Organization Overview
Everett L Amis Foundation Inc is located in Minneapolis, MN. The organization was established in 0000. 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. Everett L Amis 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.
For the year ending 12/2022, Everett L Amis Foundation Inc generated $22.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $43.9k during the year ending 12/2022. While expenses have increased by 6.7% per year over the past 4 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 2020, Everett L Amis Foundation Inc has awarded 13 individual grants totaling $111,000. 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 |
|---|---|---|---|
Robert W Amis Jr President | 0.25 | $0 | |
Allan W Amis Director | 0.02 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35 |
| Dividends & Interest | $22,190 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,217 |
| 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 | $0 |
| Other expenses | $152 |
| Total operating and administrative expenses | $1,917 |
| Contributions, gifts, grants paid | $42,000 |
| Total expenses and disbursements | $43,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,012 |
| Savings and temporary cash investments | $23,895 |
| 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 | $550,124 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $20,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,000 |
Grants Awarded
Over the last fiscal year, Everett L Amis Foundation Inc has awarded $42,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHSIDE ACHIEVEMENT ZONE PURPOSE: EDUCATION SUPPORT | $12,000 |
RHODES COLLEGE PURPOSE: SCHOLARSHIP FUND | $12,000 |
HIAWATHA ACADEMIES PURPOSE: EDUCATION PROGRAM | $8,000 |
THE YOUTH FARM AND MARKET PROJECT PURPOSE: SUMMER PROGRAM | $10,000 |