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Madison Torske Klubben Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203802831 ✦ Sun prairie, WI ✦ Designated as a 501(c)(3)

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Overview

What is Madison Torske Klubben Foundation Inc?

Madison Torske Klubben Foundation Inc, based in Sun Prairie, Wisconsin, is a nonprofit organization dedicated to promoting Norwegian heritage and culture. They achieve this mission by supporting various 501(c)(3) organizations, schools, museums, and governmental entities in presenting programs, courses, and seminars about Norwegian heritage. The foundation also offers graduate-level scholarships to U.S. citizens to study at Norwegian universities and grants scholarships to Norwegian students to study at colleges or universities in Wisconsin. Additionally, they sponsor cultural exchanges between Norway and the United States for individuals not affiliated with the foundation and provide support to preserve the artistic, cultural, historic, and other aspects of Norwegian-American heritage.


Official website here: www.madisontorskeklubben.com/

Is Madison Torske Klubben Foundation Inc legitimate?

Madison Torske Klubben Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Torske Klubben Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.madisontorskeklubben.com/

What is the mission statement of Madison Torske Klubben Foundation Inc?

The Madison Torske Klubben Foundation Inc's mission is centered around supporting various non-profit organizations, schools, museums, and governmental entities in promoting programs, courses, and seminars related to Norwegian heritage and culture. The foundation aims to offer such educational opportunities to the general public and provides scholarships at the graduate level for U.S. citizens to study in Norway and for Norwegian students to study in Wisconsin. Furthermore, the foundation sponsors cultural exchanges between Norway and the United States for individuals not affiliated with the Madison Torske Klubben. Lastly, the foundation offers support to preserve the artistic, cultural, historic, and other aspects of Norwegian-American heritage.


Official website here: www.madisontorskeklubben.com/

Who is the CEO of Madison Torske Klubben Foundation Inc?

James Riordan is the President of Madison Torske Klubben Foundation Inc.


Official website here: www.madisontorskeklubben.com/

What is the revenue of Madison Torske Klubben Foundation Inc?

Madison Torske Klubben Foundation Inc's revenue in 2022 was $100,733.


Official website here: www.madisontorskeklubben.com/

Who are the executives of Madison Torske Klubben Foundation Inc and what are their salaries?

There 8 volunteers at Madison Torske Klubben Foundation Inc.


Here are 8 key members and their salaries:


John Grinde (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Riordan (President And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Skogen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Martin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Larson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paal Lonnebotn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Weihofen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.madisontorskeklubben.com/

Where can I find the form 990 for Madison Torske Klubben Foundation Inc?

Madison Torske Klubben Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.madisontorskeklubben.com/

Learn more at the official website: www.madisontorskeklubben.com/

Mission Statement of Madison Torske Klubben Foundation Inc

Madison Torske Klubben Foundation Inc is dedicated to promoting Norwegian heritage and culture. Their mission is twofold: firstly, they aim to support various nonprofit organizations, schools, museums, and governmental entities in organizing programs, courses, and seminars that focus on Norwegian heritage. This could involve lectures, exhibitions, or educational events. Secondly, the foundation offers scholarships to U.S. citizens who wish to pursue their graduate studies at a Norwegian university, and to Norwegian students who wish to study at a college or university in Wisconsin.

In addition to this, Madison Torske Klubben Foundation Inc also sponsors cultural exchanges between Norway and the United States. These exchanges are open to individuals who are not members of the foundation, and they provide an opportunity for people from both countries to learn about each other's cultures and traditions. Furthermore, the foundation provides support to nonprofit organizations that aim to preserve the artistic, cultural, historic, and other aspects of Norwegian-American history. This could involve the restoration of historic buildings, the preservation of art and artifacts, or the promotion of Norwegian-American music and literature.

In summary, Madison Torske Klubben Foundation Inc is a nonprofit organization that is committed to celebrating and preserving Norwegian heritage and culture. They achieve this by supporting educational programs and scholarships, organizing cultural exchanges, and providing financial assistance to organizations that aim to preserve Norwegian-American history.

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Impact




October, 2024

Madison Torske Klubben Foundation Inc significantly enriches the understanding and appreciation of Norwegian heritage and culture in the U.S. Its scholarship program facilitates higher education opportunities for U.S. citizens studying in Norway and Norwegian students pursuing their education in Wisconsin. This cross-cultural educational exchange not only enhances individual academic experiences but also fosters deeper connections between the two nations.

The foundation actively supports various organizations, including schools and museums, in presenting programs, courses, and seminars focused on Norwegian culture. By making these educational resources available to the general public, the foundation ensures that the rich tapestry of Norwegian heritage is preserved and promoted, engaging a broader audience in meaningful ways.

Additionally, sponsoring cultural exchanges contributes to a greater understanding and appreciation of Norwegian customs and practices, allowing for personal connections that transcend borders. Overall, Madison Torske Klubben Foundation Inc plays a crucial role in not only preserving but also expanding the reach and impact of Norwegian heritage in the United States.




This information is meant to be a general summary of Madison Torske Klubben Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$100,733 (2022)
Expenses
$50,000 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $88,633
  • Gross Receipts: $100,733

Assets and Liabilities:

  • Total Assets: $1,563,239
  • Total Liabilities: $0
  • Net Assets: $1,563,239

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Organization Details

Founding Year

2005

Principal Officer

James Riordan

Main Address

1301 SCHOOL ST APT 100, SUN PRAIRIE, WI, 53590

NTEE Category

Code: N65 - Recreation

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