W G Christianson Foundation
- Assets
- $7.0m
- Revenue
- $334.6k
- Investments
- $6.6m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 04/1993
- Data as of
- 12/2022
- EIN
- 41-1743109
Organization Overview
W G Christianson Foundation is located in Minneapolis, MN. The organization was established in 1993. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. W G Christianson 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 12/2022, W G Christianson Foundation generated $334.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $578.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, W G Christianson Foundation has awarded 171 individual grants totaling $2,774,450. 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 |
|---|---|---|---|
Mary Herman Vice President | 1 | $0 | |
Julie Christianson Director | 1 | $0 | |
John Erhart Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $212,494 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $121,339 |
| Capital Gain Net Income | $121,339 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $760 |
| Total Revenue | $334,593 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,192 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,946 |
| Total operating and administrative expenses | $92,434 |
| Contributions, gifts, grants paid | $486,000 |
| Total expenses and disbursements | $578,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $421,579 |
| 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 | $17,822 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,000,722 |
| 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, W G Christianson Foundation has awarded $486,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
ABRIA PREGNANCY RESOURCES PURPOSE: GENERAL SUPPORT | $20,000 |
BOYS & GIRLS CLUB OF THE TEXAS HILL COUNTRY PURPOSE: GENERAL SUPPORT | $1,000 |
DISCOVERY SCHOOL OF SAN ANTONIO PURPOSE: GENERAL SUPPORT | $1,000 |
FRANCISCAN UNIV OF STUBENVILLE PURPOSE: GENERAL SUPPORT | $5,000 |
ETERNAL WORLD TELEVISION NETWORK (EWTN) PURPOSE: GENERAL SUPPORT | $5,000 |
FREE BIKES 4 KIDZ PURPOSE: GENERAL SUPPORT | $1,000 |