Public Charity

Mount Olivet Lutheran Church Foundation

Based in Minneapolis, MN, Mount Olivet Lutheran Church Foundation operates as a Public Charity. The organization reported $2.4M in revenue, $1.7M in expenses, $37.6M in total assets for fiscal year 2025. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $15K.

EIN: 411373106 Minneapolis, MN Protestant NTEE: X21 Latest filing: 2025
Total Revenue$2.4M
Total Expenses$1.7M
Total Assets$37.6M
Grant Records3
Funding Total$15K
Filing Years2021–2025

Mission

This corporation is organized and shall be operated exclusively for the benefit of, and to assist in carrying out the charitable, educational, and religious purposes of Evangelical Mount Olivet Lutheran Church, a Minnesota nonprofit corporation, and other organizations related via common management.

Where $100 goes at Mount Olivet Lutheran Church Foundation

How Mount Olivet Lutheran Church Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$2 Management running the organization
$12 Fundraising raising the next dollar

Inside the $86 for programs

$86
This corporation is organized and shall be operated exclusively for the benefit of, and to assist in carrying out the charitable, educational, and religious purposes of the Evangelical…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Barb Gurney
Director Beth Psihos
Director Bob Neuman
Director Bruce Engelsma
Director Dave Haberle
Director Dave Kroog

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$14,881 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.4M $1.7M $37.6M
2024 $2.4M $654K $32.9M
2023 $3.9M $943K $28.0M
2022 $5.8M $496K $21.5M
2021 $882K $463K $19.9M

Between 2021 and 2025, reported annual revenue grew from $882K to $2.4M (+173%), with total assets most recently reported at $37.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Mount Olivet Lutheran Church Foundation

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