Logo for "MORTENSON FAMILY FOUNDATION"

MORTENSON FAMILY FOUNDATION

MORTENSON FAMILY FOUNDATION

MINNEAPOLIS, MN, US
501(c)(3)
EIN
41-1958621
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
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$17,177,085

Other
46%
Contributions
35%
Investments
19%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$11,267,587

Grants
66%
Other
17%
Fees to Service Providers
11%
Salaries & Benefits
7%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,254,233
$6,025,665
+42%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,656,327
$3,189,500
+20%
Other
$2,630,855
$7,961,920
+203%
Total Revenues
$9,541,415
$17,177,085
+80%
Expenses
2023
2024
Change
Grants
$6,700,000
$7,405,000
+11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$732,378
$762,691
+4%
Fees to Service Providers
$1,068,889
$1,230,928
+15%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$3,370
$3,370
+0%
Other
$1,880,387
$1,865,598
-1%
Total Expenses
$10,385,024
$11,267,587
+8%
Net income
2023
2024
Change
Net income
-$843,609
+$5,909,498
-801%
Income Statement
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