Steven C & Susan L Fiterman Charitable Foundation
- Assets
- $0.0
- Revenue
- $22.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Golden Valley, MN
- Founding
- 07/1987
- Data as of
- 12/2021
- EIN
- 41-1582108
Organization Overview
Steven C & Susan L Fiterman Charitable Foundation is located in Golden Valley, 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. Steven C & Susan L Fiterman Charitable 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, Steven C & Susan L Fiterman Charitable Foundation generated $22.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $163.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven C Fiterman Trustee | 0.5 | $0 | |
Susan L Fiterman Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,021 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$722 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9 |
| Total Revenue | $22,308 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $129 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,888 |
| Contributions, gifts, grants paid | $159,857 |
| Total expenses and disbursements | $163,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Steven C & Susan L Fiterman Charitable Foundation has awarded $159,857 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BMCC FOUNDATION INC PURPOSE: SUPPORT FOR STUDENTS IN PROGRAMS SUCH AS DIESEL TECHNOLOGY | $11,539 |
SIMPSON COLLEGE PURPOSE: PROGRAM SUPPORT | $7,500 |
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC (MS GIFT) PURPOSE: PROGRAM SUPPORT | $140,761 |
GUADALUPE CENTER PURPOSE: PROGRAM SUPPORT | $57 |