NonprofitsNew Vision Foundation

International, Foreign Affairs & National Security

New Vision Foundation

MINNEAPOLIS, MN

Total revenue

$1.1M

Total expenses

$1.3M

Net assets

$457K

Grants received

$1.4M

32 grants

EIN

812114563

Tax year

2024

Mission

To provide pathways to success by motivating disadvantaged youth and young adults in Minnesota through coding and digital literacy classes.

Financials

FY 2024

Revenue

Contributions & grants$1.0M
Program service revenue$24K
Investment income$157
Other revenue
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits$575K
Fundraising$47K
Other expenses$665K
Total expenses$1.3M
Total assets$501K
Net assets$457K

People

6 listed

NameRoleCompensation

Hussein Farah

Executive Dir.

Board

$119K

40 hrs/wk

Dan Nelson

Director

Board

1 hrs/wk

Amin Harun

Director

Board

1 hrs/wk

Stacey Nelson-Kumar

President

Board

5 hrs/wk

Tom Gitaa

Vice President

Board

1 hrs/wk

Hussein Hashi

Treasurer

Board

1 hrs/wk

Grants received

Showing 32 of 32

FromAmountPurposeYear
$131K
PROGRAM COSTS
2024
$30K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$5K
EDUCATION
2024
$100K
PROGRAM COSTS
2023
$98K
East African Youth Economic Development, Youth in Tech Grant
2023
$80K
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
2023
$60K
TO SUPPORT WES ASSEFA FUND
2023
$20K
EAST SIDE YOUNG ADULT IT SKILLS TRAINING
2023
$5K
EDUCATION
2023
$96K
PROGRAM COSTS
2022
$86K
East African Youth Economic Development and Summer Enrichment Programming
2022
$35K
General Support
2022
$30K
WES ASSEFA FUND PROJECT
2022
$20K
UNRESTRICTED
2022
$5K
EDUCATION
2022
$71K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
$25K
Assistance to youth-serving org.
2021
$10K
CONTRIBUTION TO HELP WITH MISSION
2021
$500
CONTINUING OPERATIONS
2021
$206K
MULTIPLE PURPOSES
2020
$60K
East African Youth Economic Development
2020
$40K
NEW VISION FOUNDATION GENERAL OPERAT
2020
$25K
TO CREATE PATHWAYS TO SUCCESS BY MOTIVATING DISADVANTAGED YOUTH IN MINNESOTA AND THE DEVELOPING WORLD THROUGH DIGITAL LITERACY; ENGAGING RESPONSIBLE COMPANIES IN IT PHILANTHROPY; AND INSPIRING PROGRESS TOWARD GLOBAL SUSTAINABLE DEVELOPMENT.
2020
$25K
general operating
2020
$25K
SEE ATTACHMENT 1
2020
$20K
NEW VISION FOUNDATION GENERAL OPERAT
2020
$10K
CONTRIBUTION TO HELP WITH MISSION
2020
$5K
General Support
2020
$25K
general operating
2019
$25K
MULTIPLE GRANTS
2019
$30K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018

Funded by

$1.4M from 14 funders · 32 grants · 2018–2024

Saint Paul & Minnesota Foundation

$442K · 6 grants · 2018–2024

Greater Twin Cities United Way

$327K · 3 grants · 2022–2024

Youthprise

$244K · 3 grants · 2020–2023

Jobs For The Future Inc

$90K · 2 grants · 2022–2023

Social Venture Partners Minnesota

$75K · 3 grants · 2019–2021

Mortenson Family Foundation

$45K · 2 grants · 2020–2022

Fr Bigelow Foundation

$40K · 1 grant · 2020

Thrivent Financial for Lutherans

$40K · 2 grants · 2020–2022

Details

EIN812114563
NTEE codeQ30
Subsection03
Ruling date2020-02
Formed2016
Employees8
NEW VISION FOUNDATION — Mission, Financials & Grants Received | Grantivo