Raymond A And Florence D Erlandson Foundation
- Assets
- $2.9m
- Revenue
- $234.4k
- Investments
- $2.8m
- Employees
- 0
- Location
- Cherokee, IA
- Founding
- 10/1997
- Data as of
- 12/2022
- EIN
- 84-1423618
Organization Overview
Raymond A And Florence D Erlandson Foundation is located in Cherokee, IA. The organization was established in 1997. 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. Raymond A And Florence D Erlandson 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 12/2022, Raymond A And Florence D Erlandson Foundation generated $234.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $205.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Raymond A And Florence D Erlandson Foundation has awarded 102 individual grants totaling $1,722,366. 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 |
|---|---|---|---|
Pat Hyndman Director | 0 | $0 | |
Ivan Wiersma Director | 0 | $0 | |
Russell Wilson Director | 0 | $0 | |
James R Mohn Treasurer | 0 | $0 | |
John H Cook Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $151 |
| Dividends & Interest | $224,687 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,402 |
| Capital Gain Net Income | $8,402 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,161 |
| Total Revenue | $234,401 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $18 |
| Taxes | $3,204 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $894 |
| Total operating and administrative expenses | $14,443 |
| Contributions, gifts, grants paid | $191,256 |
| Total expenses and disbursements | $205,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,513 |
| Savings and temporary cash investments | $14,028 |
| 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 | $423,251 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,893,217 |
| 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, Raymond A And Florence D Erlandson Foundation has awarded $191,256 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
RUSSELL HOME FOR ATYPICAL PURPOSE: PROVIDE ASSISTANCE | $17,256 |
SHEPARDS INC PURPOSE: PROVIDE ASSISTANCE | $17,256 |
GRACE BAPTIST CHURCH IN F PURPOSE: PROVIDE ASSISTANCE | $17,256 |
DUNKLIN MEMORIAL CHURCH PURPOSE: PROVIDE ASSISTANCE | $17,256 |
MID SIOUX OPPORTUNITIES PURPOSE: PROVIDE ASSISTANCE | $10,000 |
ECUMENICAL INSTITUTE PURPOSE: PROVIDE ASSISTANCE | $10,000 |