Austin Community Charitable Fund: FY2021 Nonprofit Profile & Form 990 (EIN 36-3487772)

Revenue by fiscal year
FY2020	$730K
FY2021	$649K
FY2022	$3.1M
FY2023	$434K
FY2024	$493K

Expenses by fiscal year
FY2020	$1.2M
FY2021	$145K
FY2022	$170K
FY2023	$383K
FY2024	$438K

Net assets by fiscal year
FY2020	$701K
FY2021	$1.2M
FY2022	$4.1M
FY2023	$4.2M
FY2024	$4.2M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

80%

20%

Program services 80% · $115K Management & general 20% · $30K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation

Adenuga Atewologun

President

$0Pt VII · Sec A

Scott Fox

Vice President

$0Pt VII · Sec A

Tanya Medgaarden

Treasurer

$0Pt VII · Sec A

John Hernandez

Secretary

$0Pt VII · Sec A

Nan Hanegraff

Director

$0Pt VII · Sec A

Steve Hovey

Director

$0Pt VII · Sec A

John Garry

Executive Director

$0Pt VII · Sec A

See Austin Community Charitable Fund executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides charitable and educational support to those in need.

Questions for Austin Community Charitable Fund

Tap to ask. Austin Community Charitable Fund sees how many people are interested.

Your first name shows with your question. Austin Community Charitable Fund answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $115K · in their own filed words · FY2021

01

The austin community charitable fund was formed exclusively to perform and otherwise to assist in carrying out the charitable functions and purposes of the dca. The charitable fund was established and shall be operated exclusively to engage in, advance, support, and administer charitable activities, causes and projects of this dca of…

$115Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2024

The Hormel FoundationFY2024$5.4M

Hormel Foods Corporation Charitable TrustFY2024$50K

Mayo Clinic Group ReturnFY2024$25K

Total grants receivedfrom 3 funders$5.5M

See all 3 funders →

Grants paid · 15 grants · $587K · 2021–2024

Austin Area Chamber of CommerceMN · FY2024$35,000

Austin Public LibraryFY2024$33,483

Venn FoundationMN · FY2024$30,000

Mower County Soil and Water Conservation DistrictFY2023$153,973

Austin Area Chamber of CommerceMN · FY2023$35,000

Hintz Innovative Strategies LLCFY2023$32,500

Development Corporation of AustinMN · FY2023$28,952

Austin Aspires INCMN · FY2023$22,525

Austin Public LibraryFY2023$14,476

Development Corporation of AustinMN · FY2022$82,857

Mower County Soil and Water Conservation DistrictFY2022$21,841

Southern Minnesota Initiative FoundationMN · FY2022$7,022

Austin Area Chamber of CommerceMN · FY2021$35,000

Immigrant Law Center of Minnesota INCMN · FY2021$29,572

Mower County Soil and Water Conservation DistrictFY2021$24,352

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$649K

Ln 12

Gifts and grantsLn 1h$649K

Investment incomeLn 3$2

Money outPt IX

$145K

Ln 25

Programscol B$115K

Managementcol C$30K

Owns and owesPt X

$1.2M

net assets · Ln 32

Cash and savingsLn 1–2$54K

Total assetsLn 16$1.2M

LiabilitiesLn 26$0

PeoplePt VI, VII

7

listed · VII A

PaidVII A0

Voting boardVI 1a6

IndependentVI 1b6

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$649K

Investment incomeLn 3$2

Total revenueLn 12$649K

Assets in detailPt X, end of year

CashLn 1$54K

Cash and savings togetherLn 1–2$54K

Total assetsLn 16$1.2M

LiabilitiesLn 26$0

Net assetsLn 32$1.2M

OperationsPt I, VI

EmployeesI 50

VolunteersI 612

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY21	End FY21
Cash and savingsLn 1–2	$75K	$54K
Total assetsLn 16	$701K	$1.2M
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$701K	$1.2M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$114K	$114K
Other salaries and wagesLn 7	$1K	$1K
Legal feesLn 11b	$100		$100
Other fees for servicesLn 11g	$30K		$30K
Total functional expensesLn 25	$145K	$115K	$30K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$493K	$438K	$55K	$4.2M	990 PDF
FY2023	$434K	$383K	$51K	$4.2M	990 PDF
FY2022	$3.1M	$170K	$2.9M	$4.1M	990 PDF
FY2021 Viewing	$649K	$145K	$504K	$1.2M	990 PDF
FY2020	$730K	$1.2M	−$466K	$701K	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2021 990 (6 parts)

Part I · Summary $648,574 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $730,320$648,572

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $6$2

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $730,326$648,574

I-13 Grants and similar amounts paidPrior year $0$113,943

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $1,000$1,200

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $1,195,730$29,672

I-18 Total expensesPrior year $1,196,730$144,815

I-19 Revenue less expensesPrior year −$466,404$503,759

Part VI · Governance 6 of 6 board members independent, 4 to look at

VI-1a Voting members of the governing body6

VI-1b Independent voting members6

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $648,574 across 5 lines filed

VIII-1b Membership dues$5,350

VIII-1f All other contributions, gifts and grants$643,222

VIII-1h Total contributions, gifts and grants$648,572

VIII-3 Investment incomeExcluded from tax $2$2

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $2$648,574

Part IX · Statement of functional expenses $144,815 across 4 lines filed

IX-1 Grants to domestic organizationsPrograms $113,943$113,943

IX-7 Other salaries and wagesPrograms $1,200$1,200

IX-11b Legal feesManagement $100$100

IX-11g Other fees for servicesManagement $29,572$29,572

IX-25 Total functional expensesPrograms $115,143 · Management $29,672 · Fundraising $0$144,815

Part X · Balance sheet $1,204,604 assets, 8 lines filed

X-1 Cash, non-interest-bearingStart of year $75,343$54,232

X-3 Pledges and grants receivableStart of year $625,502$1,150,372

X-16 Total assetsStart of year $700,845$1,204,604

X-26 Total liabilitiesStart of year $0$0

X-27 Net assets without donor restrictionsStart of year $34,355$38,407

X-28 Net assets with donor restrictionsStart of year $666,490$1,166,197

X-32 Total net assets or fund balancesStart of year $700,845$1,204,604

X-33 Total liabilities and net assetsStart of year $700,845$1,204,604

Part XI · Reconciliation of net assets $1,204,604 net assets at year end

XI-1 Total revenue$648,574

XI-2 Total expenses$144,815

XI-3 Revenue less expenses$503,759

XI-4 Net assets at start of year$700,845

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$1,204,604

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Austin Community Charitable Fund FY2021 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Austin Community Charitable Fund

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV