GRAND FORKS PARKS AND RECREATIONFOUNDATION

GRAND FORKS, ND, 58208-2429 (701) 746-2750 Est. 2007 EIN 26-0625504
N32— Recreation & Sports Form 990 501(c)(3)
www.gfparksfoundation.org

Mission

TO CONTRIBUTE TO AND PROMOTE HEALTHFUL LIFESTYLES IN OUR COMMUNITY THROUGH THE DEVELOPMENT AND ENHANCEMENT OF PARKS, PLAYGROUNDS, RECREATIONAL FACILITIES, AND PROGRAMS AND ACTIVITIES FOR ALL PEOPLE OF GRAND FORKS, REGARDLESS OF AGE, PHYSICAL ABILITY OR ECONOMIC POSITION.

Giving Portfolio

Total Grants
13
Total Giving
$6.5M
Recipients
13
Years Active
2018 - 2024
Avg grant: $502,145 Median: $486,801

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20243$1.5M $486K12
20232$947K $474K02
20222$1.0M $521K02
20212$892K $446K02
20202$946K $473K02
20182$1.2M $614K20

Sectors Funded

Human Services
6

Top States

North Dakota
13

Grantee Size Profile

$1M - $5M
6

Top Grantees

GRAND FORKS PARK DISTRICT
ND - 6 grants
$5.8M
CITY OF GRAND FORKS
ND
$500K

Financials

Total Revenue
$1,311,002
Total Expenses
$1,508,891
Net Assets
$2,114,927
10 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
16.8 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 29.1%
Expenses ↑ 42.5%
Revenue Sources
Contributions 72.5% Investment 6.5% Other 21.0%
Expense Breakdown
Program 99.0% Management 1.0%

Officers & Trustees (6)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$1,311,002 $1,508,891$2,114,927
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$1,848,128 $1,058,876$2,562,539
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$1,082,824 $1,280,086$1,862,112
2021 Form 990
Jan 1, 2021 to Dec 31, 2021
$737,409 $934,814$2,248,359
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$982,810 $1,162,548$2,644,610
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$1,070,528 $1,283,142$3,718,363

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EIN: 26-0625504 · Source: IRS Form 990 e-file data