Pentair Foundation
- Assets
- $2.2m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Golden Valley, MN
- Founding
- 12/1997
- Data as of
- 12/2022
- EIN
- 41-1890149
Organization Overview
Pentair Foundation is located in Golden Valley, MN. The organization was established in 1997. 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. Pentair Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Pentair Foundation has awarded 2,200 individual grants totaling $5,669,687. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Thorsgaard President | 0 | $0 | |
Jennifer Scobie Vice President | 30 | $147,843 | |
Karla Robertson Secretary | 0 | $0 | |
Robert Fishman Treasurer | 0 | $0 | |
Phil Rolchigo Director | 0 | $0 | |
Adrian Chiu Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $999,996 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $999,996 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $147,843 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,932 |
| Total operating and administrative expenses | $151,775 |
| Contributions, gifts, grants paid | $1,441,616 |
| Total expenses and disbursements | $1,593,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,164,542 |
| 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 | $2,164,818 |
| Accounts payable and accrued expenses | -$230 |
| Grants payable | $203,307 |
| 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 | $203,077 |
Grants Awarded
Over the last fiscal year, Pentair Foundation has awarded $1,441,616 in support to 795 organizations.
| Grant Recipient | Amount |
|---|---|
350 ORG PURPOSE: MATCHING GIFT | $100 |
350 ORG PURPOSE: MATCHING GIFT | $0 |
350 ORG PURPOSE: MATCHING GIFT | $0 |
AFRICAN AMERICAN LEADERSHIP FORUM PURPOSE: MATCHING GIFT | $0 |
AGAPE CHILD DEVELOPMENT CENTER PURPOSE: MATCHING GIFT | $500 |
ALEXS LEMONADE STAND FOUNDATION PURPOSE: MATCHING GIFT | $50 |