The Douglass Brandenborg Family Foundation
- Assets
- $49.5m
- Revenue
- $1.7m
- Investments
- $49.1m
- Employees
- 0
- Location
- Edina, MN
- Founding
- 07/2000
- Data as of
- 12/2023
- EIN
- 41-1958170
Organization Overview
The Douglass Brandenborg Family Foundation is located in Edina, MN. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Douglass Brandenborg Family 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, Douglass Brandenborg Family Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Douglass Brandenborg Family Foundation has awarded 129 individual grants totaling $15,240,750. 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 |
|---|---|---|---|
John Brandenborg Director/president | 2 | $0 | |
Laurie Douglass Brandenborg Director/secretary | 2 | $0 | |
Jason Brandenborg Executive Director | 40 | $131,667 | |
Kathryn Brandenborg Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $301,170 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,067,673 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $243,468 |
| Capital Gain Net Income | $243,468 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $105,104 |
| Total Revenue | $1,717,415 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $131,667 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,218 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,413 |
| Total operating and administrative expenses | $240,472 |
| Contributions, gifts, grants paid | $2,143,500 |
| Total expenses and disbursements | $2,383,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $451,826 |
| 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 | $2,598,573 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $49,522,322 |
| 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, The Douglass Brandenborg Family Foundation has awarded $2,143,500 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AEON PURPOSE: GENERAL OPERATING SUPPORT | $120,000 |
ASCENSION CATHOLIC SCHOOL PURPOSE: GENERAL OPERATING SUPPORT | $65,000 |
BEACON INTERFAITH HOUSING PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
BANYAN COMMUNITY PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
BLACK MEN TEACH PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
BREAKTHROUGH TWIN CITIES PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |