Norgren Family Fund
- Assets
- $636.4k
- Revenue
- $29.9k
- Investments
- $604.7k
- Employees
- 0
- Location
- Platteville, CO
- Founding
- 02/1997
- Data as of
- 12/2023
- EIN
- 84-1366579
Organization Overview
Norgren Family Fund is located in Platteville, CO. The organization was established in 1997. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Norgren Family Fund 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, Norgren Family Fund generated $29.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $49.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Norgren Family Fund has awarded 104 individual grants totaling $222,475. 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 |
|---|---|---|---|
Steven C Norgren Vice President | 2 | $0 | |
Julie N Harding Treasurer | 2 | $0 | |
Chester A Norgren Director | 1 | $0 | |
Caroline N Lenz Director | 1 | $0 | |
Deborah N Priest Secretary | 2 | $0 | |
Charles L Norgren Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,277 |
| Dividends & Interest | $14,853 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,780 |
| Capital Gain Net Income | $11,780 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,910 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $106 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $320 |
| Total operating and administrative expenses | $10,512 |
| Contributions, gifts, grants paid | $39,100 |
| Total expenses and disbursements | $49,612 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,621 |
| 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 | $636,365 |
| 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 | $14,000 |
| Total liabilities | $14,000 |
Grants Awarded
Over the last fiscal year, Norgren Family Fund has awarded $39,100 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ASTHMA AND ALLERGY FOUNDATION OF AMERICA PURPOSE: GENERAL SUPPORT | $500 |
COLORADO FFA FOUNDATION INC PURPOSE: GENERAL SUPPORT | $2,000 |
NORTHEASTERN JUNIOR COLLEGE PURPOSE: GENERAL SUPPORT | $2,000 |
PLATTEVILLE HISTORIC SOCIETY PURPOSE: GENERAL SUPPORT | $500 |
PLATTEVILLE UNITED METHODIST CHURCH PURPOSE: GENERAL SUPPORT | $500 |
RURAL AMERITOWN PURPOSE: GENERAL SUPPORT | $1,000 |