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WEST FARGO, ND

R B Nordick Foundation

Quick Facts

EIN
450442920
Location
WEST FARGO, ND
Category
Philanthropy & Grantmaking
Total Assets
$40.3M
Annual Income
$16M
IRS Ruling Year
1996
Organization Type
Corporation
Principal Officer
% Ralph B Nordick Pres
Tax Deductibility
Contributions are deductible

About This Foundation

R B Nordick Foundation is a private corporation based in WEST FARGO, ND. The foundation received its IRS ruling in 1996. The principal officer is % Ralph B Nordick Pres. It holds total assets of $40.3M. Annual income is reported at $16M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$2.5M

2023+88%

Total Assets

$39.1M

2023-4%

Fair Market Value

$47.1M

2023

Net Worth

$39.1M

2023

Grants Paid

$2.4M

2023

Contributions

$88K

2023

Net Investment Income

$1.4M

2023

Distribution Amount

$2.3M

2023

Total Giving by Year

$2M
11
$2.2M
12
$2.2M
13
$2.3M
14
$2.1M
15
$3.2M
19
$138K
20
$896K
21
$1.4M
22
$2.5M
23

Asset Growth

$43M
11
$41.5M
12
$40.1M
13
$41.4M
14
$44.9M
15
$39.6M
19
$40.8M
20
$40.9M
21
$40.9M
22
$39.1M
23

Investment Portfolio (2023)

Total: $15.5M

Corporate Stock: $1M
Corporate Bonds: $14.1M
Government Obligations: $276K
Other Investments: $22.3M
Corporate Stock (3%)
Corporate Bonds (37%)
Government Obligations (1%)
Other Investments (59%)

Expense Breakdown (2023)

Grants Paid$2.4M
Travel & Conferences$37K
Accounting Fees$4K
Printing & Publications$89

Revenue Sources (2023)

Dividends
$1.5M
Contributions
$88K
Capital Gains (Net)
$-787,560

Financial Details (2023)

Total Revenue
$778K
Total Expenses
$2.5M
Exempt Purpose Expenses
$2.4M
Required Distribution
$2.3M
Undistributed Income
$2.2M
Total Liabilities
$1
Excise Tax
$19K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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