Hugh J Andersen Foundation

Organization Overview

Hugh J Andersen Foundation is located in Bayport, MN. The organization was established in 1964. 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. Hugh J Andersen 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 02/2022, Hugh J Andersen Foundation generated $11.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $8.5m during the year ending 02/2022. While expenses have increased by 21.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Hugh J Andersen Foundation has awarded 1,056 individual grants totaling $24,219,800. 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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sri Inc
$687,196
Mercer Investments Management Inc
$51,250
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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $35
Dividends & Interest $2,845,097
Net Rental Income$0
Net Gain on Sale of Assets $8,410,298
Capital Gain Net Income $8,410,298
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $11,255,430

Grants Awarded

Over the last fiscal year, Hugh J Andersen Foundation has awarded $7,638,900 in support to 269 organizations.

Grant RecipientAmount

NEIGHBORHOOD HOUSE

PURPOSE: COMPREHENSIVE CAPITAL CAMPAIGN

$300,000

LUTHERAN SOCIAL SERVICE OF MN

PURPOSE: BETHANY CRISIS SHELTER CAPITAL

$250,000

OPEN ARMS OF MINNESOTA

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: NOURISHING OUR NEIGHBORS CAPACITY

$200,000

MINNESOTA CHILDREN'S MUSEUM

Org PageRecipient Profile

St Paul, MN

PURPOSE: MCM REVIVE CAMPAIGN

$200,000

COMMONBOND COMMUNITIES

Org PageRecipient Profile

St Paul, MN

PURPOSE: FITZGERALD FLATTS CAPITAL SUPPORT

$150,000

TWIN CITIES HABITAT FOR HUMANITY

PURPOSE: MULTIPLYING THE IMPACT CAMPAIGN

$110,000
View Grant Profile

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