Paul And Mayme Green Memorial Foundation
- Assets
- $1.1m
- Revenue
- $71.8k
- Investments
- $1.1m
- Employees
- 0
- Location
- Aberdeen, SD
- Founding
- 12/1984
- Data as of
- 06/2019
- EIN
- 46-0380149
Organization Overview
Paul And Mayme Green Memorial Foundation is located in Aberdeen, SD. The organization was established in 1984. 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. Paul And Mayme Green Memorial 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 06/2019, Paul And Mayme Green Memorial Foundation generated $71.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $145.0k during the year ending 06/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Paul And Mayme Green Memorial Foundation has awarded 13 individual grants totaling $237,800. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Arlt Vice-President | 0.15 | $0 | |
Dennis Batteen Director | 0.15 | $0 | |
Carlyle Richards Secretary/treasurer | 1 | $0 | |
Dan Vandover Director | 0.15 | $0 | |
Bruce Cutler President | 0.15 | $0 | |
Cathy Hall Director | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $42,640 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,189 |
| Capital Gain Net Income | $29,189 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $71,829 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,708 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $744 |
| Total operating and administrative expenses | $18,301 |
| Contributions, gifts, grants paid | $126,700 |
| Total expenses and disbursements | $145,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,119 |
| 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 | $413,989 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,120,639 |
| 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, Paul And Mayme Green Memorial Foundation has awarded $126,700 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Aberdeen, SD PURPOSE: SCHOLARSHIPS AND CAPITAL CAMPAIGN | $70,000 |
ABERDEEN EXCHANGE BMX PURPOSE: CAPITAL CAMPAIGN | $25,000 |
FIRST UNITED METHODIST CHURCH PURPOSE: GENERAL OPERATIONS | $25,000 |
Aberdeen, SD PURPOSE: SCHOLARSHIPS | $6,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Dennis R Washington Foundation Inc Missoula, MT | $1,024,973,213 | $135,352,040 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
Manitou Fund White Bear Lake, MN | $1,003,593,689 | $40,882,622 |
Lynne & Andrew Redleaf Foundation Minneapolis, MN | $127,717,345 | $981,960 |
Northwest Area Foundation St Paul, MN | $512,755,007 | $38,144,816 |
Medtronic Communities Foundation Minneapolis, MN | $54,271,830 | $230,239 |
General Mills Foundation Minneapolis, MN | $0 | -$304,053 |
J A Wedum Foundation Plymouth, MN | $141,295,178 | $28,441,684 |