EIN 27-3080430

Northfield Shares

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
2010
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Northfield Shares advances philanthropy, inspires volunteerism and promotes collaborative leadership to sustain and transform the Northfield community. The organization promotes the importance of volunteerism and assists nonprofits in promoting their opportunities, connecting volunteers with over 60 local service opportunities in 2021. Northfield Shares receives, maintains and disburses funds for the benefit of the greater Northfield community through various programs.
Also known as...
Northfield Area Foundation
Total revenues
$477,542
2022
Total expenses
$519,406
2022
Total assets
$5,894,936
2022
Num. employees
5
2022

Program areas at Northfield Shares

Receive, maintain and disburse funds for the benefit of the greater Northfield community.
Promote volunteerism and its importance to the greater Northfield community, assist nonprofit organizations in promoting their volunteer opportunities, and connect volunteers with local service opportunities. Approximately 20-30 individuals volunteered directly to our work as the community foundation. Our work ultimately supported thousands of individuals in our community through the diversity, equity and inclusion training we underwrote for our nonprofit partners and nfshares provided grant funding to 20 organizations in support of 23 projects/programs in our area which in turn serve much of our Northfield school district population.

Grants made by Northfield Shares

GranteeGrant descriptionAmount
Northfield Healthy Community InitiativeSupport$25,859
FiftyNorthSupport$15,029
Minnesota Community Foundation$13,729
...and 9 more grants made

Who funds Northfield Shares

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Center for Philanthropy (ACP)Multiple Grants for Multiple Purposes$11,000
American Center for Philanthropy (ACP)Multiple Grants for Multiple Purposes$10,500
AmazonSmile FoundationGeneral Support$19

Personnel at Northfield Shares

NameTitleCompensation
Tara BerndtSecretary$0
Marylynn OglesbeeChair and Former Vice President / Ec , Chair / Chair and Former$0
Bob ThackerTreasurer / Past Chair / Past Chair / Board Presid / Vice Chair / Board Member$0
Jennifer SawyerEc , Governan / Ec , Governan / Secretary / Chair and President / Past Chair / Chair and Presid / Board Member$0
Donna Rae ScheffertGrants Chair / Board Member$0
...and 4 more key personnel

Financials for Northfield Shares

RevenuesFYE 12/2022
Total grants, contributions, etc.$346,347
Program services$3,457
Investment income and dividends$127,098
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$640
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$477,542

Form 990s for Northfield Shares

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-31990View PDF
2018-122020-01-03990View PDF
...and 5 more Form 990s
Data update history
July 8, 2024
Used new vendors
Identified 2 new vendors, including , and
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 5 new personnel
January 2, 2024
Received grants
Identified 3 new grant, including a grant for $48,060 from The Minneapolis Foundation
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Operates donor advised fundsProvides grantsPeer-to-peer fundraisingState / local levelEndowed supportCommunity engagement / volunteeringGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
205 Water St S PO Box 802
Northfield, MN 55057
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Rice County, MN
Website URL
northfieldshares.org/ 
Phone
(507) 403-9755
IRS details
EIN
27-3080430
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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