NonprofitsGethsemane Memorial Fund Inc

Religion-Related

Gethsemane Memorial Fund Inc

HOPKINS, MN

Total revenue

$86K

Total expenses

$66K

Net assets

$826K

Grants received

EIN

416054710

Tax year

2023

Mission

Support the ministry programs of Gethsemane Lutheran Church Hopkins MN using gifts received and earnings through prudent investment

Programs

3 programs

Under its policy, the Foundation gives 1.5% of the 3 year moving average total asset balance to community outreach programs. The 2022 payments included support for ICA foodshelf, Reach & Restore, Resource West, and Gathering to Grow

Expenses: $12KGrants: $12K

Under its policy, the Foundation gives 1% of the 3 year moving average total asset balance to Gethsemane members attending ELCA colleges. In 2023, the Foundation awarded scholarships to 5 members, totaling $5,000

Expenses: $5KGrants: $5K

Under it's policy, the Foundation gives 0.5% of the 3 year moving average total asset balance as scholarships for youths to attend camps.

Expenses: $9KGrants: $9K

Financials

FY 2023

Revenue

Contributions & grants$62K
Program service revenue
Investment income$24K
Other revenue
Total revenue$86K

Expenses

Grants paid$60K
Salaries & benefits
Fundraising
Other expenses$6K
Total expenses$66K
Total assets$826K
Net assets$826K

People

11 listed

NameRoleCompensation

JOHN D NELSON

Senior Pastor

Board

1 hrs/wk

WADE KRAGTORP

Treasurer

Board

2 hrs/wk

STEVE PAULSON

President

Board

2 hrs/wk

CARL PETERSON

Director

Board

0.5 hrs/wk

JOHANNA FRAHM

Vice President

Board

0.5 hrs/wk

MARC SCHUBBE

Director

Board

0.5 hrs/wk

TIPHANIE DIRNBERGER

Director

Board

0.5 hrs/wk

KAREN JOHANNING

Director

Board

0.5 hrs/wk

ARDEN LOVAGNINI

Secretary

Board

2 hrs/wk

MIKE PATERSON

Director

Board

0.5 hrs/wk

KAREN PYZDROWSKI

Director

Board

0.5 hrs/wk

Details

EIN416054710
NTEE codeX11
Subsection03
Ruling date2018-09
Formed1966
Employees0
GETHSEMANE MEMORIAL FUND INC — Mission, Financials & Grants Received | Grantivo