Arlin Falck Foundation
- Assets
- $3.2m
- Revenue
- $110.5k
- Investments
- $2.6m
- Employees
- 0
- Location
- Caledonia, MN
- Founding
- 05/1999
- Data as of
- 12/2023
- EIN
- 41-1925877
Organization Overview
Arlin Falck Foundation is located in Caledonia, MN. The organization was established in 1999. 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. Arlin Falck 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, Arlin Falck Foundation generated $110.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $319.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Arlin Falck Foundation has awarded 141 individual grants totaling $952,952. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen V Nelson President | 22.5 | $48,100 | |
Dale Evavold Secretary | 1 | $7,777 | |
Alan C Anderson Treasurer | 1 | $7,776 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $25,623 |
| Dividends & Interest | $108,468 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$29,917 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,311 |
| Total Revenue | $110,485 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $63,653 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,321 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,007 |
| Printing and publications | $0 |
| Other expenses | $4,071 |
| Total operating and administrative expenses | $93,944 |
| Contributions, gifts, grants paid | $225,187 |
| Total expenses and disbursements | $319,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $612,923 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $3,193,866 |
| 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, Arlin Falck Foundation has awarded $225,187 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF BROWNSVILLE PURPOSE: FIRE & RESUCE TURNOUT GEAR | $37,000 |
ALLAMAKEE AG SOCIETY PURPOSE: ALUMINUM BLEACHER SEATING | $20,000 |
SEMCAC PURPOSE: OFFICE BUILDING REHAB | $20,000 |
ST PATRICK SCHOOL PURPOSE: CLASSROOM MATERIALS/RESOURCES | $17,024 |
GRACE PLACE PURPOSE: COMMUNITY ASSISTANCE PROGRAMS | $12,000 |
HESPER MABEL HISTORICAL SOCIETY PURPOSE: TOWN HALL IMPROVEMENTS | $13,150 |