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Albert W Cherne Foundation is a private corporation based in FOUNTAIN HLS, AZ. The foundation received its IRS ruling in 1969. It holds total assets of $11.3M. Annual income is reported at $411K. According to available records, Albert W Cherne Foundation has made 17 grants totaling $569K, with a median grant of $5K. Annual giving has grown from $246K in 2020 to $323K in 2022. Individual grants have ranged from $500 to $150K, with an average award of $33K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Minnesota, Wisconsin, Maine, which account for 76% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Albert W Cherne Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MN, WI, ME.
Albert W Cherne Foundation has distributed a total of $569K across 17 grants. The median grant size is $5K, with an average of $33K. Individual grants have ranged from $500 to $150K.
Albert W Cherne Foundation typically selects its grantees rather than accepting unsolicited proposals.
Albert W Cherne Foundation is headquartered in FOUNTAIN HLS, AZ. While based in AZ, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| A William Cherne | PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| Elizabeth B Cherne | DIRECTOR | $0 | $0 | $0 |
| M Judith Hardebeck | VP/SEC/TREAS/DIR | $0 | $0 | $0 |
Total Giving
$231K
Total Assets
$11.7M
Fair Market Value
$11.5M
Net Worth
$11.7M
Grants Paid
$223K
Contributions
$0
Net Investment Income
$222K
Distribution Amount
$547K
Total: $10.5M
Total Grants
17
Total Giving
$569K
Average Grant
$33K
Median Grant
$5K
Unique Recipients
16
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Risen Christ Catholic SchoolPROGRAM SUPPORT | Minneapolis, MN | $150K | 2022 |
| North Lakeland Discovery CenterPROGRAM SUPPORT | Manitowish Waters, WI | $100K | 2022 |
| Camp Jorn YmcaPROGRAM SUPPORT | Manitowish Waters, WI | $50K | 2022 |
| Pinky Swear FoundationPROGRAM SUPPORT | Edina, MN | $8K | 2022 |
| Phoenix Seminary IncPROGRAM SUPPORT | Scottsdale, AZ | $5K | 2022 |
WILMINGTON, DE
MILWAUKEE, WI
POWAY, CA
LOS ANGELES, CA
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Alliance Defending FreedomPROGRAM SUPPORT | Scottsdale, AZ | $5K | 2022 |
| Kirsch FoundationVACCINE SAFETY RESEARCH FOUNDATION INITIATIVE | Los Altos, CA | $5K | 2022 |
| Colby CollegePROGRAM SUPPORT | Waterville, ME | $100K | 2020 |
| Camp Jorn Young Mens AssociationPROGRAM SUPPORT | Minneapolis, MN | $25K | 2020 |
| Grace ChurchPROGRAM SUPPORT | Eden Prairie, MN | $20K | 2020 |
| Hats & Mittens AssociationPROGRAM SUPPORT | Minnetonka, MN | $5K | 2020 |
| Mantiowish Waters Fire CoPROGRAM SUPPORT | Mantiowish Waters, WI | $5K | 2020 |
| Junior Achievement FoundationPROGRAM SUPPORT | St Paul, MN | $5K | 2020 |
| Children'S Law Center Of MnPROGRAM SUPPORT | St Paul, MN | $3K | 2020 |
| Historic Ironwood TheaterPROGRAM SUPPORT | Ironwood, MI | $3K | 2020 |
| University Of Minnesota FoundationPROGRAM SUPPORT | Minneapolis, MN | $500 | 2020 |
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