F R Bigelow Foundation Trust 555
- Assets
- $202.0m
- Revenue
- $23.2m
- Investments
- $201.6m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 08/1948
- Data as of
- 12/2021
- EIN
- 51-0232651
Organization Overview
F R Bigelow Foundation Trust 555 is located in St Paul, MN. The organization was established in 1948. 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. F R Bigelow Foundation Trust 555 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, F R Bigelow Foundation Trust 555 generated $23.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $10.4m during the year ending 12/2021. While expenses have increased by 4.2% 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, F R Bigelow Foundation Trust 555 has awarded 555 individual grants totaling $18,411,935. 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 |
|---|---|---|---|
Meredith Moore Crosby Trustee | 0.25 | $0 | |
Terri Thao Chair | 0.25 | $0 | |
Eric Jolly Secretary | 0.25 | $0 | |
Maggie Lorenz Trustee | 0.25 | $0 | |
Deborah Dicker Weiss Trustee | 0.25 | $0 | |
Ambar Cristina Hanson Vice Chair | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Avivar Calital Llc | 12/30/21 | $100,000 |
Saint Paul & Minnesota Foundation | 12/30/21 | $573,787 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,138,608 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,027,841 |
| Capital Gain Net Income | $22,444,140 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,166,449 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $473,342 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $428,341 |
| Total operating and administrative expenses | $1,731,634 |
| Contributions, gifts, grants paid | $8,703,247 |
| Total expenses and disbursements | $10,434,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $423,019 |
| 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 | $201,583,600 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $19,866 |
| Total assets | $202,026,485 |
| Accounts payable and accrued expenses | $149,081 |
| Grants payable | $3,141,023 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $561,625 |
| Total liabilities | $3,851,729 |
Grants Awarded
Over the last fiscal year, F R Bigelow Foundation Trust 555 has awarded $9,956,340 in support to 301 organizations.
| Grant Recipient | Amount |
|---|---|
West Saint Paul, MN PURPOSE: PURCHASING THE HAFA INCUBATOR FARM TO ENSURE LONG-TERM LAND ACCESS FOR HMONG FARMERS | $150,000 |
Saint Paul, MN PURPOSE: MANAGEMENT IMPROVEMENT FUND | $100,000 |
Saint Paul, MN PURPOSE: COMMUNITY SHARING FUND SUPPORT | $100,000 |
Saint Paul, MN PURPOSE: REVITALIZING FROGTOWN | $100,000 |
LAND BANK TWIN CITIES INC PURPOSE: LAND BANK TWIN CITIES PROSPERITY POSSIBLE CAMPAIGN | $100,000 |
Minneapolis, MN PURPOSE: PROJECT FOR PRIDE IN LIVINGS BUILDING LADDERS CAMPAIGN | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that F R Bigelow Foundation Trust 555 has recieved totaling $7,342.
| Awarding Organization | Amount |
|---|---|
The Blackbaud Giving Fund Charleston, SC PURPOSE: CHARITABLE | $7,342 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ghr Foundation Minneapolis, MN | $0 | $118,752,892 |
Alfred And Isabel Bader 2014 Charitable Trust Milwaukee, WI | $88,717,556 | $62,553,918 |
Goodman Family Operating Foundation Chaska, MN | $298,216,479 | $15,439,155 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Wca Foundation C/O The Minneapolis Foundation Minneapolis, MN | $0 | $1,050,329 |
Esther And Harold Mertz Foundation Sioux Falls, SD | $674,132,608 | $21,835,940 |
Larson Foundation Sioux Falls, SD | $23,259,212 | -$633,184 |
John T Vucurevich Foundation Rapid City, SD | $151,565,692 | $20,798,188 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
Pohlad Family Foundation Minneapolis, MN | $102,001,164 | $18,381,775 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
F R Bigelow Foundation Trust 555 St Paul, MN | $202,026,485 | $23,166,449 |