EIN 41-6020911

HRK Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1964
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The HRK Foundation is a private foundation located in Saint Paul, MN that primarily funds various types of charitable programs such as gos, employee matching gifts, capital projects, scholarships and more. The foundation's income comes from loans it provided to not-for-profits that further their charitable purposes. Grantees include First Peoples Fund and others. Last year alone, the foundation made a total of 375 grants. Additionally, the foundation has also provided funding for initiatives such as every child counts/GOS, winter storm relief, and Texas winter crisis fund.
Total revenues
$694,532
2023
Total expenses
$5,702,489
2023
Total assets
$19,149,017
2023
Num. employees
0
2023

Program areas at HRK Foundation

The Foundation acquired 60 acres of land in afton, mn, and established a nature center for conservation, education, public recreation, and promotion of sustainable land-based enterprises. As part of their effort to promote conservation, the Foundation is working to restore and maintain the land as an oak savanna, an open grassland studded by tall, spreading oak trees that provide an attractive ecosystem for many animals. With regard to education, the Foundation intends to host talks and events on the land to educate the public about the natural history of the land as well as the critical importance of conservation and sustainable agriculture. The Foundation would like to make the land a place for public recreation and to that end, allows public access to a netowrk of over 6 miles of mountain biking and hiking trails. Lastly, the Foundation is working on establishing a community garden on the land that may be used to educate the public regarding sustainable agriculture.
Income from pri on line 1(a) income is from a loan the Foundation provided to a charitable program so that the not-for-profit could further their charitable endeavors.
Income from sale of bikes on line 1(c) in connection with its pubic recreation activities, the Foundation purchased bikes, helmets and bike protective wear that is available for rental to those individuals using the mountain bike trails and has sold some of the bikes and helmets to individuals using the land.

Grants made by HRK Foundation

GranteeGrant descriptionAmount
Women's Foundation of MinnesotaFor the Hayes Fund of the Women's Foundation of MN$400,000
Planned Parenthood North Central StatesGos$90,000
Jeremiah ProgramGos$60,000
...and 188 more grants made totalling $2,371,141

Personnel at HRK Foundation

NameTitleCompensation
Jill KoosmannPresident$0
Katy DavisOperations Manager
Liz CoughlinFoundation Manager

Financials for HRK Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$496,731
Investment income and dividends$377,330
Net rental income$0
Net gain from sale of non-inventory assets$-256,419
Gross sales of inventory$0
Miscellaneous revenues$76,890
Total revenues$694,532

Form 990s for HRK Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990PFView PDF
2022-122023-11-09990PFView PDF
2021-122022-11-10990PFView PDF
2020-122021-11-11990PFView PDF
2019-122021-05-05990PFView PDF
...and 8 more Form 990s
Data update history
February 11, 2025
Posted financials
Added Form 990PF for fiscal year 2023
November 4, 2024
Updated personnel
Identified 1 new personnel
January 2, 2024
Posted financials
Added Form 990PF for fiscal year 2022
July 26, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2550 University Ave W Suite 413-n
Saint Paul, MN 55114
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Ramsey County, MN
Website URL
hrkfoundation.org/ 
Phone
(651) 293-9001
IRS details
EIN
41-6020911
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1964
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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