Program areas at Gethsemane Memorial Foundation
Under its policy, the Foundation gives 4% of the 3 year moving average total asset balance to the Gethseman Evangelical Lutheran Church in two semi-annual payments, with stipulation that the funds are to be used for the expansion of program ministry beyond the congregation's approved budget.
Under its policy, the Foundation gives 1% of the 3 year moving average total asset balance to Gethsemane members attending ELCA colleges. In 2023, the Foundation awarded scholarships to 5 members, totaling $5,000
Under its policy, the Foundation gives 1.5% of the 3 year moving average total asset balance to community outreach programs. The 2022 payments included support for ICA foodshelf, Reach & Restore, Resource West, and Gathering to Grow
Under it's policy, the Foundation gives 0.5% of the 3 year moving average total asset balance as scholarships for youths to attend camps.
Grants made by Gethsemane Memorial Foundation
Personnel at Gethsemane Memorial Foundation
| Name | Title | Compensation | Date of data |
|---|
| Wade A Kragtorp | Treasurer | $0 | 2023-05-09 |
| Linda Petruska | Secretary | $0 | 2022-12-31 |
| Steve Paulson | President | $0 | 2022-12-31 |
| Johanna Frahm | Vice President | $0 | 2022-12-31 |
| John D Nelson | Senior Pastor | $0 | 2022-12-31 |
| ...and 3 more key personnel |
Financials for Gethsemane Memorial Foundation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $61,701 | $31,595 | 95.3% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $24,018 | $22,689 | 5.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $85,719 | $54,284 | 57.9% |
Organizations like Gethsemane Memorial Foundation
| Organization | Type | Location | Revenue |
|---|
| St Pauls United Methodist Church of Cedar Rapids Foundation | 501(c)(3) | Cedar Rapids, IA | $351,344 |
| Endowment Foundation of Holy Trinity Lutheran Church of Hickory NC | 501(c)(3) | Hickory, NC | $58,643 |
| The Diocese of Crookston Catholic Community Foundation | 501(c)(3) | Crookston, MN | $264,676 |
| University United Methodist Church of Fort Worth Foundation | 501(c)(3) | Fort Worth, TX | $31,529 |
| St Johnst Paul Evangelical Lutheran Church Endowment Fund | 501(c)(3) | Akron, OH | $38,385 |
| Salem Evangelical Lutheran Church of Evans Creek Endowment Fund | 501(c)(3) | Stone Creek, OH | $23,228 |
| First Baptist Church of Covington Foundation | 501(c)(3) | Covington, TX | $381,589 |
| Iocc Foundation Incorporated | 501(c)(3) | Baltimore, MD | $100,887 |
| The Foundation for the First Presbyterian Church of Sarasota | 501(c)(3) | Sarasota, FL | $71,669 |
| Corpus Christi First United Methodist Church Foundation | 501(c)(3) | Corpus Christi, TX | $331,469 |
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 3 new personnel
May 15, 2023
Updated personnel
Identified 1 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsCharities
Issues
EducationReligion
Characteristics
Funds one specific organizationReligiousCatholicChristianProvides grantsState / local levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsNo full-time employees
General information
- Address
- 715 Minnetonka Mills Rd
- Hopkins, MN 55343
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- County
- Hennepin County, MN
- Phone
- (952) 935-1753
IRS details
- EIN
- 41-6054710
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1966
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- X11: Religion-Related Single Organization Support
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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