John F Nagel Foundation Inc is located in Eagle, ID. The organization was established in 1990. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. John F Nagel Foundation 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 12/2023, John F Nagel Foundation Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 0.7% 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 2021, John F Nagel Foundation Inc has awarded 58 individual grants totaling $4,190,717. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vance Miller President | 4 | $9,000 | |
Tahnee Fornstrom Secretary | 1 | $0 | |
Ryan Fornstrom Vice President/treasurer | 4 | $9,000 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Birch Bark Llc | 12/30/23 | $446,283 |
Merrill Lynch Pierce Fenner & Smith Inc | 12/30/23 | $73,707 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,915 |
| Dividends & Interest | $764,462 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $672,019 |
| Capital Gain Net Income | $672,019 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,509 |
| Total Revenue | $1,474,905 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,695 |
| Depreciation | $2,336 |
| Occupancy | $68,046 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $632,993 |
| Contributions, gifts, grants paid | $1,431,307 |
| Total expenses and disbursements | $2,064,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $403,390 |
| 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 | $2,301 |
| 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 | $16,548 |
| Other assets | $5,928 |
| Total assets | $20,849,484 |
| 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 |
Over the last fiscal year, John F Nagel Foundation Inc has awarded $1,431,307 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ASSISTANCE LEAGUE OF BOISE PURPOSE: OPERATION SCHOOL BELL & TEEN RETAIL PROGRAMS | $60,000 |
BIG BROTHERS & BIG SISTERS OF SW IDAHO PURPOSE: MENTOR PROGRAM OPERATIONS | $53,880 |
BOISE STATE UNIVERSITY PURPOSE: NURSING & RADIOLOGICAL SCIENCE SCHOLARSHIPS | $200,000 |
BOYS AND GIRLS CLUB OF ADA COUNTY PURPOSE: FUND WORKFORCE READINESS PROGRAM | $75,000 |
BOYS AND GIRLS CLUB OF NAMPA PURPOSE: CARPET | $20,000 |
CHILDREN'S FREE DENTAL CLINIC INC PURPOSE: PURCHASE PREVENTATIVE DENTAL SUPPLIES AND RESTORATIVE SUPPLIES, WELLNESS KITS, AND SEALANT MATERIAL TO PREVENT CAVITIES | $40,000 |