Guy And Bertha Ireland Endowment
- Assets
- $1.5m
- Revenue
- $187.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Forks, ND
- Founding
- 08/1949
- Data as of
- 12/2021
- EIN
- 45-6014509
Organization Overview
Guy And Bertha Ireland Endowment is located in Grand Forks, ND. The organization was established in 1949. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Guy And Bertha Ireland Endowment 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, Guy And Bertha Ireland Endowment generated $187.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $68.6k during the year ending 12/2021. While expenses have increased by 8.1% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ARTICLES OF INCORPORATION STATE THE SOLE AND EXCLUSIVE PURPOSE OF THE CORPORATION ARE RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL. THE DOCUMENTS FURTHER LIST THE 4 ORGANIZATIONS TO WHOM DONATIONS ARE MADE AND HOW THE AMOUNTS ARE DETERMINED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FUNDS TO THE GRAND FORKS YMCA & YWCA. ONE HALF OF THE FUNDS TO BE USED AS AWARDS FOR PURPOSE OR FOR SENDING WORTHY BOYS OR GIRLS TO SUMMER CAMP
PROVIDE FOR SCHOLARSHIPS TO UND FOR GRADUATES OF THE TWO GRAND FORKS HIGH SCHOOLS. SCHOLARSHIP TO BE BASED ON FINANCIAL NEED, SCHOLASTIC RECORD, DESIRE TO CONTINUE EDUCATION AT UND.
PROVIDE FUNDS TO ALTRU HOSPITAL (GRAND FORKS) FOR THE STUDENT LOAN FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Jane Kluge Vice President | Trustee | 0.25 | $0 |
Bob Mcwilliams President | Trustee | 0.25 | $0 |
Nicole Nelson Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $62,136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $124,336 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $187,800 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $53,081 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $14,943 |
| Compensation of current officers, directors, key employees. | $14,943 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $625 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $68,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,475 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,480,284 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,485,759 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | -$359 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,485,759 |
| Total liabilities and net assets/fund balances | $1,485,759 |
Grants Awarded
Over the last fiscal year, Guy And Bertha Ireland Endowment has awarded $110,062 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Grand Forks, ND PURPOSE: AWARDS CAMPNG | $24,458 |
Grand Forks, ND PURPOSE: AWARDS CAMPNG | $24,458 |
Grand Forks, ND PURPOSE: NURSING SCHOLARSHIPS | $12,229 |
UND FOR RR & GFC PURPOSE: SCHOLARSHIPS | $12,229 |
UND FOR RR & GFC PURPOSE: SCHOLARSHIPS | $12,229 |
Grand Forks, ND PURPOSE: NURSING SCHOLARSHIPS | $12,229 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
David And Janis Larson Foundation Minneapolis, MN | $131,263,001 | -$404,078 |
The Jennings Family Foundation Edina, MN | $20,317,059 | $4,027,228 |
Rob and Terry Ryan Foundation (MONTANA) INC Hamilton, MT | $0 | $1,856,642 |
Kaena Foundation Minneapolis, MN | $0 | $2,288,902 |
K A H R Foundation Minnetrista, MN | $0 | $2,779,843 |
The Mortenson Family Foundation Minneapolis, MN | $135,941,290 | $34,670,895 |
Northeast Entrepreneur Fund Inc Duluth, MN | $61,578,010 | $11,454,205 |
Wem 2000 Foundation Minneapolis, MN | $94,111,129 | $6,290,419 |
Michael D And Susan H Arnesonfamily Foundation Inc Gallatin Gateway, MT | $0 | $612,050 |
North Dakota Natural Resources Trust Inc Bismarck, ND | $40,272,608 | $8,625,050 |
Cross Charitable Foundation Inc Bozeman, MT | $59,251,378 | $4,939,274 |
Tykeson Fam Charitable Tr Ovando, MT | $84,261,165 | $6,505,228 |