Stone Pier Foundation is located in Minneapolis, MN. The organization was established in 2003. 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. Stone Pier 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 12/2022, Stone Pier Foundation generated $24.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (29.0%) each year. All expenses for the organization totaled $93.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (27.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan L Dayton President | 0.25 | $0 | |
Mae F Dayton Vice President | 0.25 | $0 | |
Megan M Dayton Sec/treas | 0.25 | $0 | |
Tobin J Dayton Director | 0.25 | $0 | |
Scott N Dayton Director | 0.25 | $0 | |
Leslie M Kuehn Asst Sec/asst Treas | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,147 |
| Dividends & Interest | $8,904 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,060 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,636 |
| Total Revenue | $24,627 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $87 |
| Taxes | $1,871 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,120 |
| Total operating and administrative expenses | $14,008 |
| Contributions, gifts, grants paid | $79,000 |
| Total expenses and disbursements | $93,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,235 |
| Savings and temporary cash investments | $1,000 |
| 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 | $477,357 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $732,592 |
| 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 | $42,317 |
| Total liabilities | $42,317 |