New Charitable Foundation
- Assets
- $6.9k
- Revenue
- $215.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Dodge, IA
- Founding
- 03/2013
- Data as of
- 08/2023
- EIN
- 45-2633915
Organization Overview
New Charitable Foundation is located in Fort Dodge, IA. The organization was established in 2013. 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. New Charitable 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 08/2023, New Charitable Foundation generated $215.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $222.5k during the year ending 08/2023. While expenses have increased by 9.7% 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, New Charitable Foundation has awarded 637 individual grants totaling $655,456. 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 |
|---|---|---|---|
Nick Kerr Chariman | 0.25 | $0 | |
Barry Anderson Director | 0.25 | $0 | |
Bob Grandgeorge Director | 0.25 | $0 | |
Greg Guenther Director | 0.25 | $0 | |
Steve Zierke Secretary | 0.25 | $0 | |
Gary Moritz Director Of Foundation | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $215,090 |
| Interest on Savings | $39 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $215,129 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $90 |
| Total operating and administrative expenses | $90 |
| Contributions, gifts, grants paid | $222,424 |
| Total expenses and disbursements | $222,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,894 |
| 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 | $6,894 |
| 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, New Charitable Foundation has awarded $222,424 in support to 205 organizations.
| Grant Recipient | Amount |
|---|---|
AGRICULTURAL BUSINESS CLUB AT IOWA STATE UNIVERSITY PURPOSE: DONATIONS & GRANTS | $2,500 |
ALGONA COMMUNITY SCHOOL FOUNDATION PURPOSE: SCHOOL DONATIONS | $150 |
AFES PURPOSE: SCHOOL DONATIONS | $500 |
AIDAN MORRIS PURPOSE: SCHOOL DONATIONS | $100 |
ARCADIA FIRE ASSOCIATION PURPOSE: FIRE & EMERGENCY RESCUE SERVICES | $2,000 |
ANTHON FIRE DEPARTMENT PURPOSE: FIRE & EMERGENCY RESCUE SERVICES | $500 |