Hutter Family Foundation
- Assets
- $347.0k
- Revenue
- $3.6k
- Investments
- $329.1k
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 01/1995
- Data as of
- 12/2022
- EIN
- 41-1787817
Organization Overview
Hutter Family Foundation is located in Wayzata, MN. The organization was established in 1995. 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. Hutter Family 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, Hutter Family Foundation generated $3.6k 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 (4.2%) each year. All expenses for the organization totaled $44.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hutter Family Foundation has awarded 138 individual grants totaling $231,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAID CASH CONTRIBUTIONS TO PUBLIC CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Hutter Vice President | 0 | $0 | |
Andrew W Larson Vice President | 0 | $0 | |
Christl H Larson President | 1 | $0 | |
Robert Hutter Vice President | 1 | $0 | |
Harrison Hutter Vice President | 1 | $0 | |
Natalie K Larson Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $446 |
| Dividends & Interest | $3,176 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $1,891 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,622 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,083 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $9,437 |
| Contributions, gifts, grants paid | $35,500 |
| Total expenses and disbursements | $44,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,935 |
| 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 | $346,994 |
| 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, Hutter Family Foundation has awarded $35,500 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AMIMAL HUMANE SOCIETY OF HENNEPIN COUNTY PURPOSE: GENERAL | $2,000 |
CHEQUAMEGON AREA MOUNTAIN BIKE ASSOCIATION PURPOSE: GENERAL | $1,000 |
CATHOLIC CHARTIES PURPOSE: GENERAL | $5,000 |
FORT ELLIS VOLUNTEER FIRE DEPARTMENT PURPOSE: GENERAL | $1,000 |
FREE BIKES FOR KIDS PURPOSE: GENERAL | $500 |
FRASER CENTER PURPOSE: GENERAL | $2,000 |