Valley Queen Charitable Foundation
- Assets
- $1.8m
- Revenue
- $539.4k
- Investments
- $1.2m
- Employees
- 0
- Location
- Milbank, SD
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-2581817
Organization Overview
Valley Queen Charitable Foundation is located in Milbank, SD. The organization was established in 2018. 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. Valley Queen Charitable 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 12/2021, Valley Queen Charitable Foundation generated $539.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Valley Queen Charitable Foundation has awarded 281 individual grants totaling $3,122,268. 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 |
|---|---|---|---|
Kristin Tanner Director | 1 | $0 | |
Brad Snaza Director | 1 | $0 | |
Bryan Johnson Director | 1 | $0 | |
Kenneth Karels Vice President | 1 | $0 | |
Doug Wilke President | 1 | $0 | |
Trudi Robel Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $434,433 |
| Interest on Savings | $0 |
| Dividends & Interest | $43,685 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $61,322 |
| Capital Gain Net Income | $61,322 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $539,440 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $438 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,569 |
| Total operating and administrative expenses | $9,930 |
| Contributions, gifts, grants paid | $1,701,547 |
| Total expenses and disbursements | $1,711,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $598,577 |
| 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 | $1,166,855 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,765,432 |
| Accounts payable and accrued expenses | $450 |
| Grants payable | $279,500 |
| 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 | $279,950 |
Grants Awarded
Over the last fiscal year, Valley Queen Charitable Foundation has awarded $1,781,547 in support to 82 organizations.
| Grant Recipient | Amount |
|---|---|
GRANT COUNTY 4-H PURPOSE: DONATION | $501,700 |
Milbank, SD PURPOSE: DONATION | $393,000 |
CITY OF MILBANK PURPOSE: DONATION | $306,000 |
LAKE AREA TECH FOUNDATION PURPOSE: DONATION | $80,000 |
SOUTH DAKOTA AGRICULTURAL & RURAL LEADERSHIP PURPOSE: DONATION | $80,000 |
Milbank, SD PURPOSE: DONATION | $55,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Cargill Foundation Minneapolis, MN | $286,172,868 | $105,535,102 |
Schoeneckers Foundation Minneapolis, MN | $145,295,949 | $7,540,866 |
The Curtis L Carlson Family Foundation Minnetonka, MN | $300,826,673 | $21,132,663 |
Principal Financial Group Foundation Inc Des Moines, IA | $217,742,870 | $19,396,180 |
Andreas Foundation Mankato, MN | $70,794,995 | $28,410,107 |
Hirschfeld Family Foundation Inc Kearney, NE | $102,299,062 | $1,701,092 |
Frechette Family Foundation Minneapolis, MN | $167,055,978 | $9,430,765 |
Aegon Transamerica Foundation Cedar Rapids, IA | $190,245,485 | $26,330,387 |
Acklie Charitable Foundation Lincoln, NE | $0 | $4,995,097 |
Gianforte Fam Charitable Tr Bozeman, MT | $232,267,609 | $12,872,148 |