Logo for "MORTENSON FAMILY FOUNDATION"

MORTENSON FAMILY FOUNDATION

MORTENSON FAMILY FOUNDATION

MINNEAPOLIS, MN, US
•
501(c)(3)
•
EIN
41-1958621
•
MORTENSONFAMILY.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
Logo for "MORTENSON FAMILY FOUNDATION"

MORTENSON FAMILY FOUNDATION

MINNEAPOLIS, MN, US
•
501(c)(3)
•
EIN
41-1958621
•
MORTENSONFAMILY.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$141,813,340

Investments
86%
Cash & Equivalents
9%
Other Assets
3%
Receivables (Non-Related)
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)

$5,396,926

Grants Payable
96%
Other Liabilities
3%
Payables & Accruals
1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$6,485,277
$12,943,553
+100%
Receivables (Non-Related)
-
$1,601,035
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$125,658,542
$122,404,372
-3%
Property, Plant, & Equipment (net)
$5,152
$1,782
-65%
Other Assets
$4,470,146
$4,862,598
+9%
Total Assets
$136,619,117
$141,813,340
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$2,091
$72,466
+3366%
Grants Payable
$3,980,000
$5,180,000
+30%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$261,378
$144,460
-45%
Total Liabilities
$4,243,469
$5,396,926
+27%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$132,375,648
+$136,416,414
+3%
Balance Sheet
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