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Ordean Foundation

Profile

Last Updated: 2016-07-28

At A Glance

Ordean Foundation

501 Ordean Bldg.

Duluth, MN United States 55802-4725

Telephone: (218) 726-4785

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $37,867,272

Total giving: $1,459,334

EIN

410711611

BRIDGE Number

6523968321

Background

Incorporated in 1933 in MN

Purpose and Activities

Giving primarily for the food, clothing, shelter, physical and mental health care of economically disadvantaged Duluthians, and for the treatment, care, and rehabilitation of persons who are chronically or temporarily mentally ill, or whose physical capacity is impaired either by injury, illness, birth defects, age, alcoholism or similar causes; funding also for youth guidance programs designed to avoid and prevent delinquency from lawful and healthful pursuits by young citizens.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

Historically, the foundation has made loans to nonprofit organizations in the areas of housing and human services. Loans for emergency fuel assistance have also been provided. Uses of loans have included interim financing and facility acquisition and renovation.

Fields of Interest

Subjects
  • Addiction services
  • Alcoholism
  • Child welfare
  • Crime prevention
  • Education
  • Family services
  • Food aid
  • Health
  • Health care clinics
  • Homeless services
  • Housing development
  • Human services
  • Mental health care
  • Out-patient medical care
  • Rehabilitation
  • Youth development
  • Youth mentoring
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • People with disabilities
  • Seniors

Financial Data

Year ended 2014-12-31

Assets: $37,867,272 (market value)

Expenditures: $2,354,450

Total giving: $1,459,334

Qualifying distributions: $1,927,106