I A Oshaughnessy Foundation Inc
- Assets
- $78.1m
- Revenue
- $3.1m
- Investments
- $75.4m
- Employees
- 0
- Location
- Bloomington, MN
- Founding
- 02/1943
- Data as of
- 12/2021
- EIN
- 41-6011524
Organization Overview
I A Oshaughnessy Foundation Inc is located in Bloomington, MN. The organization was established in 1943. 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. I A Oshaughnessy Foundation Inc 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, I A Oshaughnessy Foundation Inc generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.7%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, I A Oshaughnessy Foundation Inc has awarded 325 individual grants totaling $19,213,235. 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
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marquette Associates | 12/30/21 | $80,000 |
Private Office Solutions Llc | 12/30/21 | $231,167 |
Private Philanthropy Services | 12/30/21 | $152,400 |
Solutions Enterprise | 12/30/21 | $83,200 |
Fiduciary Management Inc | 12/30/21 | $80,301 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $145 |
| Dividends & Interest | $2,539,563 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $550,405 |
| Capital Gain Net Income | $10,389,667 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,090,113 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $139,000 |
| Depreciation | $0 |
| Occupancy | $38,536 |
| Travel, conferences, and meetings | $46,649 |
| Printing and publications | $0 |
| Other expenses | $29,148 |
| Total operating and administrative expenses | $1,083,112 |
| Contributions, gifts, grants paid | $4,175,776 |
| Total expenses and disbursements | $5,258,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,184 |
| Savings and temporary cash investments | $2,549,425 |
| 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 | $43,119,880 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $78,131,263 |
| 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, I A Oshaughnessy Foundation Inc has awarded $8,300,973 in support to 113 organizations.
| Grant Recipient | Amount |
|---|---|
Wichita, KS PURPOSE: TO SUPPORT THE COSTS ASSOCIATED WITH CONSTRUCTION OF THE NEW FUNDAMENTAL LEARNING CENTER FACILITY, INCLUDING THE AREAS OF THE ADULT TERRACE THAT LOOKS OVER THE LAKE,ALONG WITH THE SMALL AMPHITHEATER THAT FACES THE TERRACE ON THE EDGE OF THE LAKE. | $1,000,000 |
BOSTON COLLEGE - CITY CONNECTS PURPOSE: FUNDS WILL SUPPORT IMPLEMENTATION OF CITY CONNECTS IN TWIN CITIES CHARTER SCHOOLS. | $839,413 |
MONTESSORI TRAINING CENTER OF MINNESOTA PURPOSE: GRANT WILL BE USED TO SUPPORT THE CONTINUING WORK IN ALL ASPECTS OF MCM. GRANT IS BEING GIVEN IN MEMORY OF LAWRENCE M. O'SHAUGHNESSY AS PART OF A 5-YEAR $1,000,000 GRANT - $500,000 BOARD GRANT & $500,000 DISCRETIONARY GRANT ($100,000 FROM EACH FAMILY BRANCH). | $800,000 |
Wichita, KS PURPOSE: TO SUPPORT THE COSTS ASSOCIATED WITH CONSTRUCTION OF THE NEW FUNDAMENTAL LEARNING CENTER FACILITY, INCLUDING THE AREAS OF THE ADULT TERRACE THAT LOOKS OVER THE LAKE,ALONG WITH THE SMALL AMPHITHEATER THAT FACES THE TERRACE ON THE EDGE OF THE LAKE. | $500,000 |
STRIVE PREP PURPOSE: COLLEGE ACCESS & SPEECH AND DEBATE. | $400,000 |
Kalispell, MT PURPOSE: EXPAND EDUCATIONAL, CULTURAL, HEALTH AND WELLNESS OPPORTUNITIES FOR STUDENTS AND COMMUNITY MEMBERS. | $350,784 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
American Family Insurance Dreams Foundation Inc Madison, WI | $10,733,127 | $6,580,229 |
Joseph And Vera Zilber Charitable Foundation Inc Milwaukee, WI | $301,880,639 | $24,555,392 |
Argosy Foundation Milwaukee, WI | $36,932,110 | $41,277,914 |
Cargill Foundation Minneapolis, MN | $286,172,868 | $105,535,102 |
Schoeneckers Foundation Minneapolis, MN | $145,295,949 | $7,540,866 |
The Curtis L Carlson Family Foundation Minnetonka, MN | $300,826,673 | $21,132,663 |
Principal Financial Group Foundation Inc Des Moines, IA | $217,742,870 | $19,396,180 |
Herbert H Kohl Charities Inc Milwaukee, WI | $19,332,679 | $4,430,173 |
Andreas Foundation Mankato, MN | $70,794,995 | $28,410,107 |
Frechette Family Foundation Minneapolis, MN | $167,055,978 | $9,430,765 |