FARGO, ND
Offutt Family Foundation
Quick Facts
- EIN
- 266574983
- Location
- FARGO, ND
- Category
- Philanthropy & Grantmaking
- Total Assets
- $380.7M
- Annual Income
- $160.6M
- IRS Ruling Year
- 2009
About This Foundation
Offutt Family Foundation is a private foundation based in FARGO, ND. The foundation received its IRS ruling in 2009. It holds total assets of $380.7M. Annual income is reported at $160.6M. The foundation operates in the area of philanthropy & grantmaking.
View 990 FilingsFinancial Overview
Total Giving
$11.3M
2023+441%
Total Assets
$270.9M
2023+30%
Fair Market Value
$273M
2023
Net Worth
$270.9M
2023
Grants Paid
$10.3M
2023
Contributions
$53M
2023
Net Investment Income
$5.6M
2023
Distribution Amount
$10.6M
2023
Total Giving by Year
$386K
11$790K
12$982K
13$796K
14$974K
15$1.8M
19$744K
20$1.9M
21$2.1M
22$11.3M
23Asset Growth
$46K
11$110K
12$124K
13$786K
14$1.5M
15$20.7M
19$41.2M
20$141.4M
21$207.7M
22$270.9M
23Investment Portfolio (2023)
Total: $22.8M
Corporate Stock: $22.7M
Government Obligations: $124K
Other Investments: $151.5M
Corporate Stock (13%)
Government Obligations (0%)
Other Investments (87%)
Expense Breakdown (2023)
Grants Paid$10.3M
Printing & Publications$8K
Accounting Fees$8K
Travel & Conferences$4K
Revenue Sources (2023)
- Contributions
- $53M
- Interest
- $2.2M
- Capital Gains (Net)
- $2M
- Dividends
- $1M
- Other Income
- $37K
Financial Details (2023)
- Total Revenue
- $58.3M
- Total Expenses
- $11.3M
- Exempt Purpose Expenses
- $10.9M
- Required Distribution
- $10.6M
- Undistributed Income
- $3.2M
- Total Liabilities
- $1
- Excise Tax
- $78K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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