Anderson Assistance Foundation
- Assets
- $1.0m
- Revenue
- $193.7k
- Investments
- $0.0
- Employees
- 0
- Location
- St Cloud, MN
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 83-2087907
Organization Overview
Anderson Assistance Foundation is located in St Cloud, MN. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Anderson Assistance 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, Anderson Assistance Foundation generated $193.7k 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 (42.3%) each year. All expenses for the organization totaled $229.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HELPING PEOPLE IN NEED OVERCOME ADVERSITY THROUGH THE GENEROUS PEOPLE OF THE ANDERSON COMPANIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED NEARLY $230,000 IN ASSISTANCE TO AROUND 100 APPLICANTS IN 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Anderson Chair | OfficerTrustee | 0.5 | $0 |
Scott Fuller Treasurer | OfficerTrustee | 0.5 | $0 |
Paul Pfeiffer Secretary | OfficerTrustee | 0.5 | $0 |
Jeff Potthoff Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,329 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $179,562 |
| Noncash contributions included in lines 1a–1f | $10,329 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,891 |
| Total Program Service Revenue | $0 |
| Investment income | $3,777 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $193,668 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $228,245 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $930 |
| Total functional expenses | $229,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $498 |
| Savings and temporary cash investments | $1,013,125 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,013,623 |
| Accounts payable and accrued expenses | $6,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,000 |
| Net assets without donor restrictions | $1,007,623 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,013,623 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Anderson Assistance Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Communitygiving St Cloud, MN PURPOSE: GEN/OPER SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sibley Medical Center Arlington, MN | $31,684,088 | $18,300,359 |
Be The Match Foundation Minneapolis, MN | $21,284,478 | $21,167,274 |
The Burke Foundation Inc Milwaukee, WI | $121,362,007 | $6,169,378 |
Stratis Health Minneapolis, MN | $5,273,023 | $5,800,389 |
Saint Therese St Louis Park, MN | $14,478,951 | $6,726,617 |
Vine And Branches Foundation Inc Brookfield, WI | $8,641,827 | $2,521,561 |
Association Of State Floodplain Managers Inc Madison, WI | $3,465,086 | $3,791,524 |
Hope Haven Support Foundation Rock Valley, IA | $16,499,629 | $3,667,660 |
Butler Family Foundation Dubuque, IA | $48,442,192 | $3,565,783 |
The Lifespace Foundation West Des Moines, IA | $10,594,688 | $4,860,714 |
Realty Holdings Inc Of The Quad Cities Community Foundation Bettendorf, IA | $2,330,664 | $13,430 |
Guardian Angels Of Elk River Inc Elk River, MN | $19,468,009 | $4,444,472 |