Onan Family Foundation
- Assets
- $5.0m
- Revenue
- $619.4k
- Investments
- $4.9m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- Data as of
- 12/2021
- EIN
- 41-6033631
Organization Overview
Onan Family Foundation is located in Minneapolis, MN. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Onan 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 12/2021, Onan Family Foundation generated $619.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 30.5% each year . All expenses for the organization totaled $306.4k during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 3 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 2020, Onan Family Foundation has awarded 51 individual grants totaling $465,500. 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 |
|---|---|---|---|
David Onan Treasurer | 4 | $0 | |
Laura Girard Secretary | 2 | $0 | |
Sarah Boswell Healey President | 2 | $0 | |
Karen Onan Trustee | 1 | $0 | |
Charles Onan Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $148,256 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $471,117 |
| Capital Gain Net Income | $471,117 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $619,373 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,824 |
| Depreciation | $0 |
| Occupancy | $3,432 |
| Travel, conferences, and meetings | $324 |
| Printing and publications | $0 |
| Other expenses | $967 |
| Total operating and administrative expenses | $73,892 |
| Contributions, gifts, grants paid | $232,500 |
| Total expenses and disbursements | $306,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,031 |
| Savings and temporary cash investments | $0 |
| 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 | $5,021,849 |
| 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, Onan Family Foundation has awarded $232,500 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
DUNWOODY COLLEGE PURPOSE: SCHOLARSHIP SUPPORT | $26,000 |
WISCONSIN INDIANHEAD TECH COLLEGE PURPOSE: SCHOLARSHIP SUPPORT | $26,000 |
PINE TECHNICAL COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP SUPPORT | $26,000 |
Golden Valley, MN PURPOSE: GENERAL SUPPORT | $15,000 |
PARK AVENUE FOUNDATION PURPOSE: SUMMER PROGRAM FOR CHILDREN | $15,000 |
HOPE KIDS PURPOSE: GENERAL SUPPORT | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Divine Savior Healthcare Inc Portage, WI | $146,404,206 | $99,548,163 |
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
Benefis Health System Inc Great Falls, MT | $1,511,234,520 | $121,846,801 |
University Of Dubuque Dubuque, IA | $403,203,443 | $110,402,473 |
Concordia University Chicago River Forest, IL | $86,542,696 | $102,736,797 |
Sauk Prairie Healthcare Inc Prairie Du Sac, WI | $167,630,839 | $104,363,502 |