Land O L Foundation
- Assets
- $1.6m
- Revenue
- $7.7m
- Investments
- $955.2k
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 02/1997
- Data as of
- 12/2020
- EIN
- 41-1864977
Organization Overview
Land O L Foundation is located in St Paul, MN. The organization was established in 1997. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2020, Land O L Foundation generated $7.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $11.0m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Land O L Foundation has awarded 1,778 individual grants totaling $20,394,518. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
MID-ATLANTIC GRANTS PROGRAM FUNDS COMMUNITY PROJECTS IN PA, NY, DE, AND NJ INITIATED BY LAND O'LAKES DAIRY FARMER-MBRS
CALIFORNIA REGIONS GRANTS PROGRAM FUNDS COMMUNITY PROJECTS IN THREE AREAS OF CALIFORNIA: ORLAND TULARE, KINGS, BAKERSFIELD AND ONTARIO INITIATED BY LAND O'LAKES DAIRY FARMER-MEMBERS
MEMBER CO-OP MATCH PROGRAM MATCHES DOLLAR-FOR-DOLLAR THEDONATIONS OFLAND O'LAKES MEMBER COOPERATIVES, DOUBLING THE FUNDS AVAILABLE FOR HOMETOWN PROJECTS.
THE ORGANIZATION IS EDUCATING THE PUBLIC ABOUT MODERN FARMING BY PROVIDING EDUCATIONAL FORUMS AND DISPLAYS AT FAIR OAKS FARM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morgan Kinross-Wright Executive Director | 20 | $73,203 | |
Paul Coppin Board Member | 1 | $0 | |
Mellisa Williams Board Member | 1 | $0 | |
Heather Anfang Board Member | 1 | $0 | |
Joey Fernandes Board Member | 1 | $0 | |
John Habedank Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,629,677 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,840 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,823 |
| Capital Gain Net Income | $40,823 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,701,340 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $84,140 |
| Other employee salaries and wages | $91,061 |
| Pension plans, employee benefits | $51,222 |
| Interest | $0 |
| Taxes | $9,956 |
| Depreciation | $2,137,121 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $267,405 |
| Total operating and administrative expenses | $2,666,290 |
| Contributions, gifts, grants paid | $8,344,518 |
| Total expenses and disbursements | $11,010,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,461 |
| 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 | $0 |
| Net Land, buildings, and equipment | $624,898 |
| Other assets | $0 |
| Total assets | $1,640,560 |
| 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, Land O L Foundation has awarded $20,394,518 in support to 1,778 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: EXPANDED PARTNERSHIP/CENTER FOR EXCELLENCE - 10 YRS. 2015-24 | $9,000,000 |
IOWA STATE UNIVERSITY PURPOSE: STUDENT INNOVATION CENTER - 5 YRS. 2018-2022 | $2,500,000 |
Ames, IA PURPOSE: EDUCATION GRANTS | $1,500,000 |
PURDUE RESEARCH FOUNDATION PURPOSE: EDUCATION GRANTS | $800,000 |
Minneapolis, MN PURPOSE: UNITED WAY/LOLGIVING WEEK - PLEDGE PAYMENTS | $650,000 |
Minneapolis, MN PURPOSE: EDUCATION GRANTS | $562,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodward Youth Corporation Woodward, IA | $8,695,217 | $33,427,937 |
Sainta Inc Milwaukee, WI | $8,346,189 | $28,921,941 |
Iowa Donor Network North Liberty, IA | $38,187,563 | $29,932,051 |
Fem Electric Association Inc Ipswich, SD | $41,357,973 | $16,749,932 |
Benedictine Living Communities - Bismarck Inc Minneapolis, MN | $16,400,499 | $15,676,806 |
Nexus-Woodbourne Family Healing Plymouth, MN | $7,459,276 | $14,892,444 |
Child Care Choices Inc Waite Park, MN | $1,747,456 | $12,414,454 |
Land O L Foundation St Paul, MN | $1,640,560 | $7,701,340 |
Simpson Housing Services Inc Minneapolis, MN | $9,904,866 | $10,223,366 |
Chs Foundation Inver Grove Heights, MN | $37,550,832 | $6,500,935 |
Bridging Incorporated Bloomington, MN | $7,777,515 | $7,385,056 |
Opportunities Unlimited Sioux City, IA | $5,435,239 | $6,104,798 |