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EIN 01-0761416

Hormel Foods Corporation Charitable Trust

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Austin
State
Minnesota
Year formed
2003
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The website text contains a description of the areas of focus and donation guidelines for Hormel Foods Corporation Charitable Trust, including their preferred organizations, pillars of giving, and criteria for donation requests.
Total revenues
$2,086,426
2023
Total expenses
$2,411,235
2023
Total assets
$1,276,640
2023
Num. employees
0
2023

Grants made by Hormel Foods Corporation Charitable Trust

GranteeGrant descriptionAmount
National Merit Scholarship CorporationCommunity Support$96,845
Austin AspiresCommunity Support$77,700
Riverland Community College FoundationCommunity Support$58,000
...and 110 more grants made totalling $1,202,390

Personnel at Hormel Foods Corporation Charitable Trust

NameTitleCompensation
Michael P. ZechmeisterChief Financial Officer of C.H.
Pierre LillySenior Vice President and Chief Compliance Officer
Clint WaltersVice President Operations Refrigerated Foods
Jen EhresmannVice President Supply Chain
Mark CoffeyGroup Vice President Supply Chain$0
...and 22 more key personnel

Financials for Hormel Foods Corporation Charitable Trust

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,086,426
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$15,000
Total revenues$2,086,426

Form 990s for Hormel Foods Corporation Charitable Trust

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-04990PFView PDF
2022-122023-08-01990PFView PDF
2021-122022-09-20990PFView PDF
2020-122022-04-29990PFView PDF
2019-122021-04-19990PFView PDF
...and 8 more Form 990s
Data update history
October 5, 2023
Updated personnel
Identified 1 new personnel
October 4, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 9, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 10, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 22, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1 Hormel Pl
Austin, MN 55912
County
Mower County, MN
Website URL
hormelfoods.com/about/contact-us/donation-guidelines/ 
Phone
(507) 437-5233
IRS details
EIN
01-0761416
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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