Plus Foundation
- Assets
- $1.5m
- Revenue
- $432.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/1999
- Data as of
- 12/2021
- EIN
- 41-1903374
Organization Overview
Plus Foundation is located in Minneapolis, MN. The organization was established in 1999. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plus 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 12/2021, Plus Foundation generated $432.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $222.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Plus Foundation has awarded 28 individual grants totaling $596,360. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROFESSIONAL LIABILITY INDUSTRY PHILANTHROPY,WOMEN'S LEADERSHIP,WORKPLACE DIVERSITY & OTHER CHARITABLE CAUSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPTER ALLY GRANTS: FIVE PLUS CHAPTERS WERE AWARDED $5,000 ALLY GRANTS TO SUPPORT LOCAL CHARITIES THAT ADDRESS THE NEEDS OF THOSE WHO FACE OBSTACLES TO SECURING A JOB OR ADVANCING IN THEIR CAREER.CONFERENCE CAUSE: ATTITUDES AND ATTIRE, A DALLAS NON-PROFIT THAT PROVIDES EDUCATION, SUPPORT, AND PROFESSIONAL CLOTHING FOR WOMEN SEEKING EMPLOYMENT WAS AWARDED $58,256. THE FOUNDATION COORDINATED A CROSS-COUNTRY CLOTHING DRIVE FOR THEIR BOUTIQUE STORE AND ASSISTED CLIENTS WITH THEIR RESUME, LINKEDIN PROFILE, AND INTERVIEW PREPARATION.WOMEN'S LEADERSHIP NETWORK: CREATES OPPORTUNITIES FOR WOMEN TO NETWORK, IMPROVE THEIR PROFESSIONAL SKILLS, AND LEARN FROM THE EXPERIENCE OF OTHER ACCOMPLISHED FEMALE LEADERS. IN 2021, 521 WOMEN AND MEN ATTENDED 5 VIRTUAL EVENTS; 240 PEOPLE ATTENDED THE WLN LUNCHEON AT THE PLUS CONFERENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Auslander President | OfficerTrustee | 5 | $0 |
Allison H Barrett Vice President | OfficerTrustee | 1 | $0 |
Lynn Halper Immediate Past President | OfficerTrustee | 0.5 | $0 |
Robert Crocitto Secretary / Treasurer | OfficerTrustee | 0.5 | $0 |
Robbie Thompson Executive Director, Plus | Officer | 1 | $0 |
Glenda C Swan Exec.dir, Plus Foundation | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $88,628 |
| Related organizations | $0 |
| Government grants | $22,112 |
| All other contributions, gifts, grants, and similar amounts not included above | $93,138 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $203,878 |
| Total Program Service Revenue | $0 |
| Investment income | $30,110 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $186,813 |
| Net Income from Fundraising Events | -$3,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $432,468 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $87,256 |
| Grants and other assistance to domestic individuals. | $7,622 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,165 |
| Fees for services: Other | $28,000 |
| Advertising and promotion | $0 |
| Office expenses | $6,278 |
| Information technology | $555 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,022 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,543 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $840 |
| Total functional expenses | $222,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,591 |
| Savings and temporary cash investments | $78,889 |
| Pledges and grants receivable | $26,000 |
| Accounts receivable, net | $12,500 |
| 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 | $14,715 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,261,450 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,456,145 |
| Accounts payable and accrued expenses | $809 |
| Grants payable | $69,000 |
| 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 | $0 |
| Total liabilities | $69,809 |
| Net assets without donor restrictions | $1,372,205 |
| Net assets with donor restrictions | $14,131 |
| 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 | $1,456,145 |
Grants Awarded
Over the last fiscal year, Plus Foundation has awarded $180,350 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Alpharetta, GA PURPOSE: CONFERENCE CAUSE | $62,575 |
Alpharetta, GA PURPOSE: CONFERENCE CAUSE | $62,575 |
Los Angeles, CA PURPOSE: COVID RELIEF | $27,600 |
Los Angeles, CA PURPOSE: COVID RELIEF | $27,600 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Plus Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Intact Charitable Trust Usa Plymouth, MN PURPOSE: DONATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Life Sciences Innovation Council Oakdale, MN | $190,931 | $2,805,250 |
African American Leadership Forum Minneapolis, MN | $4,693,310 | $4,941,204 |
School Choice Wisconsin Inc Brookfield, WI | $796,463 | $1,477,762 |
Institute For Reforming Government Inc Madison, WI | $1,089,740 | $1,204,031 |
International Society For Quality Life Research Milwaukee, WI | $1,145,327 | $701,339 |
Sugarbeet Research & Education Board Of Minnesota & North Dakota Fargo, ND | $643,279 | $734,079 |
Achieve Brown County Inc Green Bay, WI | $912,690 | $981,584 |
Minnesota Parent Union Saint Paul, MN | $561,320 | $709,367 |
Plus Foundation Minneapolis, MN | $1,456,145 | $432,468 |
Elevating Education Mn St Paul, MN | $42,072 | $255,731 |
Wausau Pilot And Review Corporation Wausau, WI | $23,530 | $0 |
Dsu-Soar Madison, SD | $3,122 | $0 |