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United Lutheran Seminary Endowment Foundation

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

EIN: 208096718 ✦ Gettysburg, PA ✦ Designated as a 501(c)(3)

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Overview

What is United Lutheran Seminary Endowment Foundation?

The United Lutheran Seminary Endowment Foundation is a nonprofit organization situated in Gettysburg, Pennsylvania. Its primary role is to manage, grow, and invest the funds that are donated to its endowment fund. This foundation serves as a financial steward for the United Lutheran Seminary, ensuring the sustained growth of its resources. The mission of the United Lutheran Seminary Endowment Foundation is to invest the funds raised for the seminary's endowment fund and to hold title to, grow, and manage any property that is donated to the endowment fund of the United Lutheran Seminary.

Is United Lutheran Seminary Endowment Foundation legitimate?

United Lutheran Seminary Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Lutheran Seminary Endowment Foundation 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

What is the mission statement of United Lutheran Seminary Endowment Foundation?

The United Lutheran Seminary Endowment Foundation's primary mission is to manage and grow the investments donated to its endowment fund. This organization, established for the benefit of the United Lutheran Seminary, holds title to the donated funds and ensures their proper management and expansion. The primary objective of the foundation is to invest these funds in a way that sustains and nurtures the United Lutheran Seminary's operations and initiatives.

Who is the CEO of United Lutheran Seminary Endowment Foundation?

Buff Carlson is the President of United Lutheran Seminary Endowment Foundation.

What is the revenue of United Lutheran Seminary Endowment Foundation?

United Lutheran Seminary Endowment Foundation's revenue in 2022 was $3,679,145.

Who are the executives of United Lutheran Seminary Endowment Foundation and what are their salaries?

There 11 volunteers at United Lutheran Seminary Endowment Foundation.


Here are 17 key members and their salaries:


The Rev Dr Robert G Erwin (President)
  • Compensation: $0
  • Related: $225,375
  • Other: $58,292
Emried D Cole (Vice President)
  • Compensation: $0
  • Related: $21,000
  • Other: $0
David A Russell (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Risser (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Leber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce D George (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold L Brake (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ward (Trustee (Until 9/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen A Albrecht (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie D Hobbs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Knudsen (Trustee (Until 9/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
R Brandon James (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Rev Dr Victor A Myers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Rev Roland C Hobbs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Lembo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buff Carlson (Treasurer)
  • Compensation: $0
  • Related: $96,687
  • Other: $24,984
Conor Brooks (Secretary)
  • Compensation: $0
  • Related: $81,577
  • Other: $16,621
Where can I find the form 990 for United Lutheran Seminary Endowment Foundation?

United Lutheran Seminary Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of United Lutheran Seminary Endowment Foundation

The United Lutheran Seminary Endowment Foundation's mission is centered around managing and growing investments. Specifically, they are tasked with investing the funds raised by the United Lutheran Seminary Endowment Foundation, acting as an endowment fund for the United Lutheran Seminary. This organization is responsible for holding title to, managing, and growing property that is donated to the Endowment Fund of the United Lutheran Seminary. In essence, the United Lutheran Seminary Endowment Foundation serves to safeguard and augment the financial resources of the United Lutheran Seminary, ensuring its long-term sustainability and growth.

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Impact




October, 2024

The United Lutheran Seminary Endowment Foundation focuses on growing, holding, and managing investments for the United Lutheran Seminary. By investing and managing the funds donated to its endowment, the foundation plays a crucial role in providing financial stability and support for the seminary's educational mission. This impact enables the seminary to enhance its programs, support students, and invest in its future. The foundation also holds title to and manages properties contributed to its endowment, further securing resources that benefit the institution over the long term. Through these efforts, the foundation ensures a sustainable financial foundation for the continued growth and development of education at the United Lutheran Seminary in Gettysburg, PA.




This information is meant to be a general summary of United Lutheran Seminary Endowment Foundation. 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
$3,679,145 (2022)
Expenses
$3,484,531 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,247,400
  • Gross Receipts: $13,981,381

Assets and Liabilities:

  • Total Assets: $72,860,584
  • Total Liabilities: $0
  • Net Assets: $72,860,584

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Organization Details

Founding Year

2006

Principal Officer

Buff Carlson

Main Address

61 SEMINARY RIDGE, GETTYSBURG, PA, 17325

NTEE Category

Code: B114 - Education

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