EIN 41-1373106

Mount Olivet Lutheran Church Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1980
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Mount Olivet Lutheran Church Foundation operates exclusively for the benefit of, and to assist in carrying out the charitable, educational, and religious purposes of Evangelical Mount Olivet Lutheran Church and other organizations. The board recently approved $403,541 in cash transfers.
Also known as...
Mount Olivet Lutheran Church Endowment Fund
Total revenues
$3,947,574
2023
Total expenses
$943,078
2023
Total assets
$27,951,434
2023
Num. employees
0
2023

Program areas at Mount Olivet Lutheran Church Foundation

This corporation is organized and shall be operated exclusively for the benefit of, and to assist in carrying out the charitable, educational, and religious purposes of the Evangelical Mount Olivet Lutheran Church. The board approved $673,085 in cash transfers to the Evangelical Mount Olivet Lutheran Church to support their exempt program accomplishments.

Grants made by Mount Olivet Lutheran Church Foundation

GranteeGrant descriptionAmount
Evangelical Mount Olivet Lutheran ChurchTo Support the Church's Non-Profit Programs.$673,085

Personnel at Mount Olivet Lutheran Church Foundation

NameTitleCompensation
Deanne NelsonDirector of Finance
David LosePresident$0
Gary WertTreasurer$0
John KapankeVice President$0
Lois AllenSecretary$0
...and 2 more key personnel

Financials for Mount Olivet Lutheran Church Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,661,634
Program services$0
Investment income and dividends$283,056
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,884
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,947,574

Form 990s for Mount Olivet Lutheran Church Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-11-14990View PDF
2021-122022-08-02990View PDF
2020-122021-05-26990View PDF
2019-122021-02-26990View PDF
...and 10 more Form 990s

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Data update history
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 4, 2024
Updated personnel
Identified 5 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 13, 2023
Updated personnel
Identified 11 new personnel
July 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsCharities
Issues
Religion
Characteristics
ReligiousChristianProvides grantsEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
5025 Knox Ave S
Minneapolis, MN 55419
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
mtolivet.org/ 
Phone
(612) 926-7651
IRS details
EIN
41-1373106
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1980
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
X20: Christian
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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