Public Charity

CHERRY AVENUE FOUNDATION

CHERRY AVENUE FOUNDATION, of WAYZATA, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $721K in revenue, $801K in expenses, $225K in total assets. 22 publicly reported grants to this organization, totaling roughly $619K, appear in IRS filings.

EIN: 833421353 WAYZATA, MN Latest filing: 2024
Total Revenue$721K
Total Expenses$801K
Total Assets$225K
Grant Records22
Funding Total$619K
Filing Years2020–2024

Mission

THE FOUNDATION WORKS TO SUPPORT THOSE IN POVERTY BY PARTNERING WITH ORGANIZATIONS AROUND THE WORLD TO BUILD HOMES, PROVIDE SCHOLARSHIPS, BUILD SCHOOLS, SUPPORT LOCAL ORPHANS AND OFFER WOMENS' MEDICAL CLINICS.

Officers & Directors

PRESIDENT Anna Gustafson
DIRECTOR Jeffrey Sven Gustafson
DIRECTOR John Daly
DIRECTOR Kelly Daly
TREASURER Rachel Thibault

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$160,200 7 grants
ARTS, CULTURE & HUMANITIES
$114,700 6 grants
DONOR-RECOMMENDED, INTERNATIONAL RELATIONS
$100,250 1 grant
GENERAL OPERATING SUPPORT
$63,400 1 grant
DONOR ADVISED, GENERAL
$60,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $721K $801K $225K
2023 $511K $367K $305K
2022 $409K $383K $161K
2021 $329K $324K $136K
2020 $283K $155K $131K

Between 2020 and 2024, reported annual revenue grew from $283K to $721K (+155%), with total assets most recently reported at $225K.

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

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