Industrial Fabrics Foundation
- Assets
- $126.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 10/1999
- EIN
- 52-2164483
Organization Overview
Industrial Fabrics Foundation is located in Roseville, MN. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Industrial Fabrics 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 undefined, Industrial Fabrics Foundation generated $24.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $85.1k during the year ending undefined. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
INDUSTRIAL FABRICS FOUNDATION OFFERS SCHOLARSHIP FUNDS TOWARD HIGHER EDUCATION. FINANCIAL NEED, ACADEMIC ACHIEVEMENT, COMMUNITY SERVICE, INTERNSHIPS AND STUDIES RELATED TO A CAREER IN THE SPECIALTY FABRICS INDUSTRY ARE CONSIDERED FOR SELECTION. THE BOARD AWARDED 8 SCHOLARSHIPS TO STUDENTS AND 2 GRANTS TO ORGANIZATIONS DURING THE FISCAL YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Glenn Director | 1 | $0 | |
Scott Campbell Director | 1 | $0 | |
Gifford Del Grande Director | 1 | $0 | |
Vince Hankins Director | 1 | $0 | |
Robert Rosania Director | 1 | $0 | |
Amy Bircher Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,355 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,115 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $515 |
| Other Revenue | $0 |
| Total Revenue | $23,985 |
| Statement of Expenses | |
|---|---|
| Total expenses | $85,117 |
| Balance Sheet | |
|---|---|
| Total assets | $126,882 |
| Total liabilities | $18,041 |
| Net assets or fund balances | $108,841 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Industrial Fabrics Foundation has recieved totaling $17.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $17 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Central States Fair Rapid City, SD | $6,354,015 | $4,358,357 |
Sc Johnson Giving Inc Racine, WI | $34,098,989 | $19,343,102 |
Peo Sisterhood International Chapter Des Moines, IA | $85,884,604 | $5,248,161 |
Herb Kohl Educational Foundation Inc Milwaukee, WI | $133,385 | $3,506,418 |
Valley Senior Living Grand Forks, ND | $804,854 | $3,496,436 |
Ab Nicholas Scholarship Foundation Mequon, WI | $58,753,687 | $6,013,180 |
Hemophilia Outreach Of Wisconsin Inc Green Bay, WI | $38,605,342 | $5,343,718 |
C H Robinson Worldwide Foundation Sioux Falls, SD | $19,568,040 | $4,443,280 |
Delta Dental Of Wisconsin Foundation Inc Stevens Point, WI | $16,778,803 | $4,566,346 |