Stablish Foundation
- Assets
- $16.0m
- Revenue
- $816.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Mendota Heights, MN
- Founding
- 05/1995
- Data as of
- 12/2023
- EIN
- 41-1801039
Organization Overview
Stablish Foundation is located in Mendota Heights, MN. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2023, Stablish Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stablish 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, Stablish Foundation generated $816.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Stablish Foundation has awarded 109 individual grants totaling $2,132,027. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MANAGE FUNDS FOR CHARITABLE REMAINDER TRUSTS AND DONOR ADVISED FUNDS WITH RESPECT TO CHARITABLE GIVING
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GIVING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Witter Board Chair | Trustee | 2 | $0 |
Greg Albers Director | Trustee | 2 | $300 |
Ruth Dahl Director | Trustee | 2 | $800 |
Paul Dinger Director | Trustee | 0 | $1,000 |
Amy Hafenbrack Executive Director | Officer | 20 | $59,440 |
Holly Callen Hamilton Director | Trustee | 2 | $700 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $240,650 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $240,650 |
| Total Program Service Revenue | $0 |
| Investment income | $383,878 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $816,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $644,995 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $59,440 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,821 |
| Pension plan accruals and contributions | $1,977 |
| Other employee benefits | $4,070 |
| Payroll taxes | $5,222 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $22,100 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,435 |
| All other expenses | $0 |
| Total functional expenses | $1,037,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,292 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,248 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $117,548 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $15,730,681 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,972,769 |
| Accounts payable and accrued expenses | $2,364 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,252,944 |
| Total liabilities | $1,255,308 |
| Net assets without donor restrictions | $14,081,633 |
| Net assets with donor restrictions | $635,828 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,972,769 |
Grants Awarded
Over the last fiscal year, Stablish Foundation has awarded $461,952 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
AUGUSTANA LUTHERAN CHURCH PURPOSE: DONATION | $15,000 |
MAYO CLINIC PURPOSE: DONATION | $66,603 |
MACALESTER COLLEGE PURPOSE: DONATION | $66,603 |
ST PAUL CHAMBER ORCHESTRA PURPOSE: DONATION | $12,500 |
MN STATE UNIVERSITY MANKATO PURPOSE: DONATION | $22,201 |
SCHOOL SISTERS OF NOTE DAME PURPOSE: DONATION | $47,171 |