1. Directory
  2. North Dakota
  3. Fargo
  4. Fargo-Moorhead Area Foundation Corporation
EIN 45-6010377

Fargo-Moorhead Area Foundation Corporation

IRS 501(c) type
501(c)(3)
Num. employees
8
City
Fargo
State
North Dakota
Year formed
1960
Most recent tax filings
2023-12-01
NTEE code, primary
T31: Community Foundations
Description
Fargo-Moorhead Area Foundation Corporation maximizes philanthropy to create a vibrant community, administering over 400 charitable funds created by contributions from the public. The Foundation awards grants in various areas, including community building and basic human needs.
Total revenues
$8,034,362
2023
Total expenses
$9,175,156
2023
Total assets
$109,621,740
2023
Num. employees
8
2023

Program areas at Fargo-Moorhead Area Foundation Corporation

The Foundation is a community trust that administers 504 charitable funds. These funds are created by contributions from the general public. Grants were awarded in programs in the following areas: community building - 16%; basic human needs - 17%; art - 5%; education - 19%; youth - 12%; religion - 11%; health & wellness - 11%; animal welfare - 3%; other - 6%. These grants and scholarships were made possible from the following types of funds: donor advised - 71%, designated - 9%, field of interest - 7%, agency - 3%, scholarship - 4%, and unrestricted - 6%.

Grants made by Fargo-Moorhead Area Foundation Corporation

GranteeGrant descriptionAmount
Anne Carlsen CenterSupport Land Purchase$1,000,000
Capstone Classical AcademyCapital Campaign$500,000
Kindred Youth BaseballGeneral Support$500,000
...and 127 more grants made totalling $5,203,930

Who funds Fargo-Moorhead Area Foundation Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Funders NetworkPprep$22,250
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$10,000
Nada FoundationGeneral Support$6,000

Personnel at Fargo-Moorhead Area Foundation Corporation

NameTitleCompensation
Patty MastelDirector of Finance and Operations and Chief Financial Officer
Eric WilkieExecutive Director$177,401
Patricia MastelDirector of Finance$93,604
Courtney LarsonCommunications and Marketing Director / Communications and Marketing Officer
Michelle JohnsonDirector of Marketing and Communications
...and 12 more key personnel

Financials for Fargo-Moorhead Area Foundation Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,943,790
Program services$0
Investment income and dividends$2,887,780
Tax-exempt bond proceeds$0
Royalty revenue$226,655
Net rental income$0
Net gain from sale of non-inventory assets$-1,023,890
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$27
Total revenues$8,034,362

Form 990s for Fargo-Moorhead Area Foundation Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-06990View PDF
2022-122023-08-23990View PDF
2021-122022-11-02990View PDF
2020-122021-11-05990View PDF
2019-122021-02-24990View PDF
...and 11 more Form 990s
Data update history
September 21, 2024
Updated personnel
Identified 3 new personnel
December 31, 2023
Received grants
Identified 2 new grant, including a grant for $22,250 from The Funders Network
October 15, 2023
Updated personnel
Identified 1 new personnel
October 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
409 7th St S
Fargo, ND 58103
Metro area
Fargo, ND-MN
County
Cass County, ND
Website URL
areafoundation.org/ 
Phone
(701) 234-0756
IRS details
EIN
45-6010377
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1960
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
Free account sign-up

Want updates when Fargo-Moorhead Area Foundation Corporation has new information, or want to find more organizations like Fargo-Moorhead Area Foundation Corporation?

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