1. Directory
  2. Minnesota
  3. Edward and Hannah Gustafson Foundation
EIN 86-1052101

Edward and Hannah Gustafson Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Crosslake
State
Minnesota
Year formed
2003
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Edward and Hannah Gustafson Foundation is a private foundation located in Crosslake, MN that primarily funds charitable causes. Their purpose is to partner with Anoka County to use their resources to rehab vacant homes for the county to get them prepared for re-sale. Grantees of the foundation include Salvation Army and other organizations. Last year, the foundation made five grants.
Total revenues
$-44,568
2022
Total expenses
$24,796
2022
Total assets
$252,861
2022
Num. employees
n/a

Program areas at Edward and Hannah Gustafson Foundation

Foundation partnered with anoka county to use its resources to rehab vacant homes for the county to get them prepared for re-sale to a qualified individual as deemed by anoka county.
Use the investment proceeds to give to qualified charities donations from two income producing properties maintained after being donated to or purchased by the Foundation. The Foundation is committed to affordable housing.

Grants made by Edward and Hannah Gustafson Foundation

GranteeGrant descriptionAmount
Salvation Army / Northern DivisionCharitable$6,000
Feed My Starving Children (FMSC)Charitable$2,500
American Heart Association (AHA)Charitable$1,700

Personnel at Edward and Hannah Gustafson Foundation

NameTitleCompensation
Mike FoschiPresident$7,758

Financials for Edward and Hannah Gustafson Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$1,806
Net rental income$0
Net gain from sale of non-inventory assets$-46,374
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$-44,568

Form 990s for Edward and Hannah Gustafson Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-16990PFView PDF
2021-122022-04-25990PFView PDF
2019-122020-08-19990PRView PDF
2018-122019-06-19990PFView PDF
2017-122018-11-15990PFView PDF
...and 6 more Form 990s
Data update history
July 11, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990PF for fiscal year 2021
August 20, 2021
Posted financials
Added Form 990R for fiscal year 2019
November 20, 2019
Posted financials
Added Form 990PF for fiscal year 2018
November 7, 2018
Posted financials
Added Form 990PF for fiscal year 2017
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundations
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelNo full-time employees
General information
Address
14932 Backdahl Rd
Crosslake, MN 56442
Phone
(218) 821-0316
IRS details
EIN
86-1052101
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Edward and Hannah Gustafson Foundation has new information, or want to find more organizations like Edward and Hannah Gustafson Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy