Pamela Bakken Foundation
- Assets
- $1.3m
- Revenue
- $66.5k
- Investments
- $1.3m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/1996
- Data as of
- 12/2020
- EIN
- 41-1850599
Organization Overview
Pamela Bakken Foundation is located in Minneapolis, MN. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pamela Bakken 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 12/2020, Pamela Bakken Foundation generated $66.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (56.5%) each year. All expenses for the organization totaled $88.2k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pamela Bakken Foundation has awarded 28 individual grants totaling $157,200. 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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,351 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,830 |
| Capital Gain Net Income | $37,830 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $332 |
| Total Revenue | $66,513 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,796 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $9,581 |
| Contributions, gifts, grants paid | $78,600 |
| Total expenses and disbursements | $88,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $72,398 |
| 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 | $1,253,568 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,325,966 |
| 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, Pamela Bakken Foundation has awarded $157,200 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ST THOMAS PURPOSE: GENERAL OPERATING | $25,000 |
UNIVERSITY OF ST THOMAS PURPOSE: GENERAL OPERATING | $25,000 |
Garrison, MN PURPOSE: GENERAL OPERATING | $15,000 |
Garrison, MN PURPOSE: GENERAL OPERATING | $15,000 |
ALZHEIMERS ASSOCIATION OF MN AND ND PURPOSE: GENERAL SUPPORT | $7,000 |
ALZHEIMERS ASSOCIATION OF MN AND ND PURPOSE: GENERAL SUPPORT | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of The Black Hills Rapid City, SD | $8,865,048 | $2,452,245 |
Tr Uw Of Jacob R Marcus Fbo Nettie And Merle J Marcus Memorial Milwaukee, WI | $4,417,398 | $862,568 |
Pamela Bakken Foundation Minneapolis, MN | $1,325,966 | $66,513 |
Van Beek Family Foundation Beresford, SD | $5,888,430 | $25,681 |
Eleanor Boston Unitrust 232870h Milwaukee, WI | $896,615 | $58,382 |
Trogdon Charitable Trust 742870cc Fbo Milwaukee, WI | $372,355 | $45,327 |
Florence M Trow Trust Beloit, WI | $238,827 | $15,533 |
Williamsburg Community School District Foundation Williamsburg, IA | $484,183 | $394,486 |
Bittar Family Foundation Verona, WI | $0 | $0 |