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Nonprofiteer
← GORDON A LARSON FOUNDATION INC

Form 990 for tax year 2024

Filed by GORDON A LARSON FOUNDATION INC.

Totals

Total revenue
$146,152
Total expenses
$149,300
Contributions and grants received
$0
Grants paid
$118,593
Program service revenue
$0
Investment income
$146,152
Other revenue
$0
Total assets, end of year
$2,361,718
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,361,718
Program services expenses (Part IX)
$118,593
Management and general expenses
$30,707
Fundraising expenses
$0
Program service expenses (Part III)
$118,593

Program services were 79.4% 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 $89,148 · related or exempt $89,148

  • 7a · Gross sales of assets other than inventory

    securities $341,363

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

    securities $284,359

  • 7c · Gain or loss

    securities $57,004

  • 7d · Net gain or loss

    total $57,004 · related or exempt $57,004

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $118,593 · program services $118,593

  • 11b · Fees: legal

    total $2,144 · management and general $2,144

  • 11c · Fees: accounting

    total $1,250 · management and general $1,250

  • 11f · Fees: investment management

    total $27,313 · management and general $27,313

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,610 · end of year $1,054

  • 12 · Investments: other securities

    beginning of year $2,299,600 · end of year $2,360,664

  • 28 · Net assets with donor restrictions

    beginning of year $2,304,210 · end of year $2,361,718

Mission and programs · 2024

Mission

THE MISSION OF THE GORDON A. LARSON FOUNDATION, INC. IS TO SAFELY AND PRUDENTLY INVEST THE FUNDS OF THE FOUNDATION IN A REASONABLE AND SOUND BUSINESS-LIKE MANNER TO PRESERVE THE VALUE OF THE INVESTMENTS AND PROVIDE INCOME TO THE BENEFICIARIES AS PROVIDED FOR IN THE LAST WILL AND TESTAMENT OF GORDON A. LARSON.

Activities or mission (Part I)

DISTRIBUTE NET INCOME TO IDENTIFIED NOT FOR PROFIT ORGANIZATIONS.

  • DISTRIBUTE NET INCOME TO IDENTIFIED NOT FOR PROFIT ORGANIZATIONS

    Expenses $118,593 · Grants $118,593 · Revenue $146,152

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • TIM EISSINGER

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • EVELYN RUNCK

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • TONIE STOEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • KRESHA WIEST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • KENNETH L DALSTED

    SECRETARY/TREASURER

    Total calculated
    $2,120
    From this org
    $2,120
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

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

Provenance

Return type
form_990
Tax year
2024
Filed
1 May 2025
IRS schema version
2024v5.1
Source object
202511269349301276

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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