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Nonprofiteer
← MARVIN WARROAD AREA FOUNDATION

Form 990 for tax year 2023

Filed by MARVIN WARROAD AREA FOUNDATION.

Totals

Total revenue
$206,664
Total expenses
$126,136
Contributions and grants received
$0
Grants paid
$97,799
Program service revenue
$0
Investment income
$206,664
Other revenue
$0
Total assets, end of year
$4,379,070
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$4,379,070
Program services expenses (Part IX)
$97,799
Management and general expenses
$28,337
Fundraising expenses
$0
Program service expenses (Part III)
$97,799

Program services were 77.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $109,372 · excluded $109,372

  • 7a · Gross sales of assets other than inventory

    securities $712,771

  • 7b · Less cost or other basis and sales expenses

    securities $615,479

  • 7c · Gain or loss

    securities $97,292

  • 7d · Net gain or loss

    total $97,292 · excluded $97,292

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $97,799 · program services $97,799

  • 11a · Fees: management

    total $14,096 · management and general $14,096

  • 11c · Fees: accounting

    total $1,345 · management and general $1,345

  • 11f · Fees: investment management

    total $12,896 · management and general $12,896

Balance sheet

Part X, book values.

  • 11 · Investments: publicly traded securities

    beginning of year $3,875,799 · end of year $4,379,070

  • 27 · Net assets without donor restrictions

    beginning of year $3,875,799 · end of year $4,379,070

Mission and programs · 2023

Mission

TO CARRY OUT THE PURPOSES OF SAINT PAUL & MINNESOTA FOUNDATION BY ACCEPTING CONTRIBUTIONS, INVESTING ITS ASSETS, AND MAKING GRANTS TO BENEFIT THE COMMUNITY OF WARROAD, MINNESOTA AND ITS ENVIRONMENTS.

Activities or mission (Part I)

PROVIDES GRANTS TO BENEFIT THE COMMUNITY OF WARROAD, MINNESOTA.

  • PROVIDES GRANTS TO BENEFIT THE COMMUNITY OF WARROAD, MINNESOTA.

    Expenses $97,799 · Grants $97,799

As filed on the 2023 return.

Listed in Part VII

  • Susan Marvin

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.25

  • Elliot J Larson

    VICE PRESIDENT AND TREASUR

    Total calculated
    $0
    Hours/week
    0.25

  • Christine Marvin

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • INDEPENDENT SCHOOL DISTRICT 690

    $84,191

    BAND INSTRUMENTS; ROBOTICS; LEGO ROBOTS; TWO MARK 3D PRINTERS AND OTHER MISC EQUIPMENT

  • WARROAD MEMORIAL ARENA ASSOCIATION

    $13,608

    SUMMER AND FALL ICE TIME

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
23 October 2024
IRS schema version
2023v5.1
Source object
202412979349300111

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