Allianz Foundation For North America
- Assets
- $560.0
- Revenue
- $530.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 07/2002
- Data as of
- 12/2022
- EIN
- 68-0493856
Organization Overview
Allianz Foundation For North America is located in Minneapolis, MN. The organization was established in 2002. 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. Allianz Foundation For North America 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, Allianz Foundation For North America generated $530.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $530.1k during the year ending 12/2022. While expenses have increased by 15.3% 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, Allianz Foundation For North America has awarded 33 individual grants totaling $1,125,000. 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 |
|---|---|---|---|
William E Gaumond Chief Fin. Officer | 1 | $0 | |
Lauren Day Director | 1 | $0 | |
Jenny Guldseth Director | 1 | $0 | |
Hermann Rothert Director | 1 | $0 | |
Christopher Worthley VP & Exec Director | 1 | $0 | |
Anna Herken Chair, Pres. & Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $530,659 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $530,659 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $139 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $139 |
| Contributions, gifts, grants paid | $530,000 |
| Total expenses and disbursements | $530,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $560 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $560 |
| 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, Allianz Foundation For North America has awarded $530,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
FIT FOR KIDS PURPOSE: GENERAL SUPPORT | $10,000 |
LEARNSERVE INTERNATIONAL PURPOSE: GENERAL SUPPORT | $10,000 |
CAPITAL AREA IMMIGRANTS RIGHTS COALITION PURPOSE: GENERAL SUPPORT | $25,000 |
FIVER CHILDREN'S FOUNDATION PURPOSE: GENERAL SUPPORT | $30,000 |
LAWRENCE HALL PURPOSE: GENERAL SUPPORT | $50,000 |
MARYLAND NEW DIRECTIONS INC PURPOSE: GENERAL SUPPORT | $50,000 |