NonprofitsBancroft Community Foundation Inc

Community Foundations

Bancroft Community Foundation Inc

ALGONA, IA

Total revenue

$282K

Total expenses

$32K

Net assets

$3.6M

Grants received

EIN

421468316

Tax year

2024

Mission

The foundation was created to raise funds and distribute grants for civic betterment projects in the city of bancroft, iowa, which could not otherwise be funded by tax dollars due to budget constraints.

Financials

FY 2024

Revenue

Contributions & grants$257K
Program service revenue
Investment income$91K
Other revenue
Total revenue$282K

Expenses

Grants paid$2K
Salaries & benefits
Fundraising$730
Other expenses$30K
Total expenses$32K
Total assets$3.7M
Net assets$3.6M

People

6 listed

NameRoleCompensation

SANDY TIGGES

Director

Board

1 hrs/wk

JANICE DIETERING

Director

Board

1 hrs/wk

KEN LAUBENTHAL

Director

Board

1 hrs/wk

ELLENGRAY G KENNEDY

President

Board

5 hrs/wk

RENEE FUNKE

Secretary

Board

1 hrs/wk

GREG PENNING

Treasurer

Board

5 hrs/wk

Details

EIN421468316
NTEE codeT31
Subsection03
Ruling date1998-03
Employees0
BANCROFT COMMUNITY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo