Noble Foundation
- Assets
- $16.2m
- Revenue
- $8.4m
- Investments
- $15.4m
- Employees
- 0
- Location
- West Des Moines, IA
- Founding
- 12/1994
- Data as of
- 12/2021
- EIN
- 42-1427324
Organization Overview
Noble Foundation is located in West Des Moines, IA. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noble 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, Noble Foundation generated $8.4m in total revenue. All expenses for the organization totaled $860.4k during the year ending 12/2021. While expenses have increased by 111.5% per year over the past 4 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, Noble Foundation has awarded 87 individual grants totaling $928,200. 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 |
|---|---|---|---|
Jeffery D Noble Director | 0.1 | $5,000 | |
Cynthia L Noble Director | 0.1 | $5,000 | |
Jonine L Noble Director | 0.1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,667,763 |
| Interest on Savings | $0 |
| Dividends & Interest | $256,477 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,502,947 |
| Capital Gain Net Income | $3,502,947 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,300 |
| Total Revenue | $8,438,487 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,974 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $122,702 |
| Contributions, gifts, grants paid | $737,700 |
| Total expenses and disbursements | $860,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $824,842 |
| Net Accounts receivable | $22,705 |
| 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 | $16,211,695 |
| Accounts payable and accrued expenses | $3,012 |
| Grants payable | $3,500 |
| 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 | $6,512 |
Grants Awarded
Over the last fiscal year, Noble Foundation has awarded $737,700 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
Des Moines, IA PURPOSE: GENERAL SUPPORT | $250,000 |
ELLIPSIS PURPOSE: GENERAL SUPPORT | $50,000 |
ST SIMON PETER EPISCOPAL CHURCH PURPOSE: GENERAL SUPPORT | $50,000 |
VARIETY - THE CHILDREN'S CHARITY PURPOSE: GENERAL SUPPORT | $50,000 |
Birmingham, AL PURPOSE: GENERAL SUPPORT | $30,000 |
ECUMENICAL MINISTRIES INC PURPOSE: GENERAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Augustana Care Edina, MN | $116,750,556 | $60,968,298 |
Kipp St Louis St Louis, MO | $47,986,833 | $42,773,078 |
Iowa Donor Network North Liberty, IA | $39,614,924 | $35,703,085 |
Wellpoint Care Network Inc Milwaukee, WI | $8,696,347 | $28,630,570 |
Woodward Youth Corporation Woodward, IA | $6,374,013 | $25,268,723 |
Child Care Choices Inc Waite Park, MN | $3,894,332 | $22,493,695 |
Ray Graham Association For People With Disabilities Lisle, IL | $24,978,947 | $22,746,228 |
Nexus-Woodbourne Family Healing Plymouth, MN | $7,774,084 | $15,090,420 |
Fem Electric Association Inc Ipswich, SD | $42,436,941 | $15,874,732 |
Benedictine Living Communities - Bismarck Inc Minneapolis, MN | $16,928,888 | $16,060,276 |
Girl Scouts Of Eastern Missouri Inc St Louis, MO | $41,876,901 | $17,676,549 |
Community Action Partnership Of Lancaster And Saunders Counties Lincoln, NE | $12,349,644 | $14,460,530 |