funder logo

Fred C and Katherine B Andersen Foundation

Fred C and Katherine B Andersen Foundation

Bayport, MN, US
501(c)(3)
EIN
41-6020920
Open for Solicitation
Private Foundation
Regional Funder
funder logo

Fred C and Katherine B Andersen Foundation

Bayport, MN, US
501(c)(3)
EIN
41-6020920
Open for Solicitation
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$71,234,857

Investments
56%
Other
44%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$62,298,755

Grants
96%
Fees to Service Providers
2%
Other
2%
Salaries & Benefits
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$36,380,960
$40,001,277
+10%
Other
$18,024,447
$31,233,580
+73%
Total Revenues
$54,405,407
$71,234,857
+31%
Expenses
2023
2024
Change
Grants
$52,499,288
$59,767,042
+14%
Benefits to Members
$0
$0
-
Salaries & Benefits
$104,232
$297,666
+186%
Fees to Service Providers
$879,474
$1,223,456
+39%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$844,956
$1,010,591
+20%
Total Expenses
$54,327,950
$62,298,755
+15%
Net income
2023
2024
Change
Net income
+$77,457
+$8,936,102
+11437%
Income Statement
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