Hardenbergh Foundation
- Assets
- $67.5m
- Revenue
- $6.3m
- Investments
- $62.0m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 06/1952
- Data as of
- 12/2022
- EIN
- 41-6011826
Organization Overview
Hardenbergh Foundation is located in St Paul, MN. The organization was established in 1952. 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. Hardenbergh 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 12/2022, Hardenbergh Foundation generated $6.3m 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 (10.0%) each year. All expenses for the organization totaled $6.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hardenbergh Foundation has awarded 506 individual grants totaling $16,314,500. 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 |
|---|---|---|---|
Jon A Theobald Vice President/chairman | 1 | $0 | |
John G Couchman Secretary/director | 1 | $0 | |
Tamra Davis Cownie President/ceo | 40 | $159,875 | |
Jeffrey T Peterson Vice President/director | 1 | $0 | |
Mary Schmid Daugherty Treasurer/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,111,223 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,151,062 |
| Capital Gain Net Income | $4,151,062 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,273 |
| Total Revenue | $6,270,558 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $159,875 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $31,831 |
| Interest | $0 |
| Taxes | $124,651 |
| Depreciation | $0 |
| Occupancy | $16,053 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,722 |
| Other expenses | $14,110 |
| Total operating and administrative expenses | $830,268 |
| Contributions, gifts, grants paid | $5,927,750 |
| Total expenses and disbursements | $6,758,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,725 |
| Savings and temporary cash investments | $5,469,508 |
| 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 | $1,427,499 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $15,692 |
| Total assets | $67,504,044 |
| 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, Hardenbergh Foundation has awarded $5,927,750 in support to 176 organizations.
| Grant Recipient | Amount |
|---|---|
MONTESSORI CENTER OF MINNESOTA PURPOSE: CAPITAL SUPPORT FOR BLDG | $115,000 |
MERRICK COMMUNITY SERVICES PURPOSE: GENERAL FUNDING | $25,000 |
BRIDGING INC PURPOSE: VOLUNTEER HUB & PHONE | $40,000 |
MINNESOTA OPERA PURPOSE: GENERAL OPERATING | $10,000 |
EPILEPSY FOUNDATION OF MINNESOTA PURPOSE: GENERAL OPERATING CAMP OZ | $10,000 |
FACE TO FACE PURPOSE: GENERAL OPERATING | $15,000 |