Braun Foundation
- Assets
- $1.1m
- Revenue
- $144.1k
- Investments
- $1.1m
- Employees
- 0
- Location
- Golden Valley, MN
- Founding
- 01/1993
- Data as of
- 12/2023
- EIN
- 41-1731107
Organization Overview
Braun Foundation is located in Golden Valley, MN. The organization was established in 1993. 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. Braun 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 12/2023, Braun Foundation generated $144.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $176.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Braun Foundation has awarded 29 individual grants totaling $450,300. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $81,880 |
| Interest on Savings | $104 |
| Dividends & Interest | $33,959 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,178 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $144,121 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,228 |
| Contributions, gifts, grants paid | $163,000 |
| Total expenses and disbursements | $176,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,541 |
| 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 | $362 |
| Total assets | $1,125,702 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,195 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,195 |
Grants Awarded
Over the last fiscal year, Braun Foundation has awarded $163,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
TWIN CITIES GAY MEN'S CHORUS PURPOSE: CHARITABLE - GENERAL FUND | $15,000 |
MINNEAPOLIS CLIMATE ACTION PURPOSE: CHARITABLE-GENERAL FUND | $5,000 |
GREATER TWIN CITIES PURPOSE: CHARITABLE-GENERAL FUND | $33,000 |
AVENUES FOR YOUTH PURPOSE: CHARITABLE-GENERAL FUND | $35,000 |
COALITION OF RECOVERY PURPOSE: CHARITABLE-GENERAL FUND | $20,000 |
LAWRENCE UNIVERSITY PURPOSE: CHARITABLE-GENERAL FUND | $55,000 |