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United States Orienteering Federation Endowment Fund Inc

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

EIN: 233092019 ✦ Brooklin, ME ✦ Designated as a 501(c)(3)

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Overview

What is United States Orienteering Federation Endowment Fund Inc?

The United States Orienteering Federation Endowment Fund Inc. is a nonprofit organization that serves as a custodian for funds transferred from the United States Orienteering Federation, Inc., a charitable entity. Their primary function involves investing these funds in Mutual and Index Funds, following a strategic investment plan. This endowment fund's operations contribute to the financial stability and growth of the broader orienteering community in the United States.


Official website here: www.orienteeringusa.org

Is United States Orienteering Federation Endowment Fund Inc legitimate?

United States Orienteering Federation Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Orienteering Federation Endowment Fund Inc submitted a form 990EZ, 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.orienteeringusa.org

What is the mission statement of United States Orienteering Federation Endowment Fund Inc?

The United States Orienteering Federation Endowment Fund Inc's mission is centered around investing the funds transferred from the United States Orienteering Federation, Inc., a charitable organization. They follow an investment strategy, investing in Mutual and Index Funds, according to its dynamics. The primary objective of this fund is not explicitly stated, but it can be inferred that it aims to manage and grow the funds for future use or projects related to orienteering, as the funds originate from an orienteering-focused organization.


Official website here: www.orienteeringusa.org

What is the revenue of United States Orienteering Federation Endowment Fund Inc?

United States Orienteering Federation Endowment Fund Inc's revenue in 2024 was $13,781.


Official website here: www.orienteeringusa.org

Who are the executives of United States Orienteering Federation Endowment Fund Inc and what are their salaries?

There 4 volunteers at United States Orienteering Federation Endowment Fund Inc.

Here are 4 key members and their salaries:


Charles Ferguson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Parson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Minium (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Berger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.orienteeringusa.org

Where can I find the form 990 for United States Orienteering Federation Endowment Fund Inc?

United States Orienteering Federation Endowment Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.orienteeringusa.org

Learn more at the official website: www.orienteeringusa.org

Mission Statement of United States Orienteering Federation Endowment Fund Inc

The United States Orienteering Federation Endowment Fund Inc is an organization with a mission to invest funds transferred from the United States Orienteering Federation, Inc., a charitable entity. It follows an investment strategy by investing in Mutual and Index Funds, adjusting its approach based on the dynamics of the market. In essence, the fund serves as a financial steward, managing resources allocated to it by the United States Orienteering Federation, Inc., with a focus on growth and stability through strategic investment choices.

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Impact




October, 2024

The United States Orienteering Federation Endowment Fund Inc plays a significant role in supporting and promoting orienteering activities across the country. By investing funds transferred from the United States Orienteering Federation, Inc., it ensures a sustainable financial foundation for the sport. The fund strategically invests in mutual and index funds, which not only preserves the principal but potentially increases it over time, providing a reliable source of income for current and future projects.

This investment strategy directly impacts the growth and accessibility of orienteering by generating resources that can be allocated to events, programs, and initiatives aimed at engaging more participants and enhancing the overall experience of the orienteering community. As a result, the Endowment Fund fosters a vibrant environment for athletes, educators, and enthusiasts, contributing positively to the sport while reinforcing a philanthropic commitment to outdoor activities and public engagement.




This information is meant to be a general summary of United States Orienteering Federation Endowment Fund 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
$13,781 (2024)
Expenses
$41 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $11,037
  • Gross Receipts: $16,037

Assets and Liabilities:

  • Total Assets: $439,451
  • Total Liabilities: $79,163
  • Net Assets: $360,288

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Organization Details

Principal Officer

Timothy Parson

NTEE Category

Code: T30 - Philanthropy

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