Beth El Foundation Of Minnesota Inc

Organization Overview

Beth El Foundation Of Minnesota Inc is located in St Louis Park, MN. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public 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. Beth El Foundation Of Minnesota Inc 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 06/2021, Beth El Foundation Of Minnesota Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $282.4k during the year ending 06/2021. While expenses have increased by 8.0% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SECURE THE VITALITY OF THE BETH EL COMMUNITY FOR THIS AND FUTURE GENERATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION SUPPORTS ALL BETH EL SYNAGOGUE PROGRAMS INCLUDING, BUT NOT LIMITED TO, INFANT, CHILD, YOUTH, YOUNG ADULT, ADULT, SENIOR AND FAMILY SOCIAL ACTIVITIES AND EDUCATION; RELIGIOUS SERVICES AND SPIRITUAL DIMENSIONS OF JUDAISM; AND ACTS OF KINDNESS IN THE BETH EL COMMUNITY AND AMONG MEMBERS.PROVIDES GENERAL SUPPORT FOR BETH EL SYNAGOGUE'S OPERATIONS AND SUPPORT IN AN EMERGENCY SITUATION.PROVIDES FINANCIAL ASSISTANCE FOR SERVICE AND NON-SERVICE SCHOLARSHIPS FOR JEWISH EDUCATION AND SOCIAL EXPERIENCES, INCLUDING, BUT NOT LIMITED TO, CAMP, ISRAEL PROGRAMS, AND CONVENTIONS. SCHOLARSHIP GRANTS ARE FOR PRESCHOOL CHILDREN, YOUNG ADULTS, AND THOSE ATTENDING CAMP.


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Board, Officers & Key Employees

Name (title)Compensation
Sally Forbes Friedman
President
$0
Gary Krupp
Immediate Past President
$0
Noah Marell
Treasurer
$0
John Orenstein
Vice President
$0
Melanie Barry
Board Member
$0
Bonnie Heller
Board Member
$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$2,956,064
Noncash contributions included in lines 1a–1f $131,426
Total Revenue from Contributions, Gifts, Grants & Similar$2,956,064
Total Program Service Revenue$0
Investment income $201,430
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $115,345
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,272,839

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Beth El Foundation Of Minnesota Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Mark And Lisa Ratner Family Foundation Inc

Naples, FL

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,546,560
Earnings$1,292,620
Net Contributions$2,956,064
Grants$282,399
Ending Balance$9,512,845

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