Overview
What is Minnesota Architectural Foundation?
The Minnesota Architectural Foundation, located at 105 5th Avenue South 485, Minneapolis, MN 55401, is a distinguished nonprofit organization dedicated to enhancing the architecture profession and the built environment. They achieve this by offering scholarships and grants to qualified individuals and organizations, with a focus on architecture. Their mission is to foster excellence, leadership, discovery, and equity within the field of architecture in Minnesota. The foundation invests in promising talent and initiatives, contributing to the betterment of the architectural community and the overall built environment.
Official website here: www.minnesotaarchitecturalfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating)
The Minnesota Architectural Foundation has garnered a strong 93% rating from Charity Navigator, reflecting high performance in accountability and finance. The organization has achieved perfect scores in several key areas, including the independence of its board members and the absence of asset diversion, demonstrating a robust governance structure and financial integrity.
Strengths of the foundation include a 66.84% program expense ratio, indicating that a significant portion of its budget is directed toward its programs. This focus on programmatic spending suggests a commitment to fulfilling its mission effectively. Additionally, the foundation has implemented essential policies such as conflict of interest and whistleblower protections, which enhance its operational transparency and ethical standards.
However, while the rating is strong, there is room for improvement in the program expense ratio, as it is slightly below 85%. This could suggest that a larger percentage of funding might be utilized for direct program services in the future. Overall, the Minnesota Architectural Foundation demonstrates strong accountability and dedication to its mission, but should continue to evaluate its allocation of resources to maximize impact.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Architectural Foundation legitimate?
Minnesota Architectural Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Architectural 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:
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Official website here: www.minnesotaarchitecturalfoundation.org
What is the mission statement of Minnesota Architectural Foundation?
The Minnesota Architectural Foundation's mission is centered around investing in various aspects of the architecture profession. This includes fostering excellence, leadership, discovery, and equity. Their mission extends specifically to the architecture profession in Minnesota. The foundation also provides scholarships and grants to individuals and organizations focusing on architecture, ultimately aiming to improve the architecture profession and the built environment.
Official website here: www.minnesotaarchitecturalfoundation.org
Who is the CEO of Minnesota Architectural Foundation?
Mary-Margaret Zindren is the President of Minnesota Architectural Foundation.
Official website here: www.minnesotaarchitecturalfoundation.org
What is the revenue of Minnesota Architectural Foundation?
Minnesota Architectural Foundation's revenue in 2022 was $185,682.
Official website here: www.minnesotaarchitecturalfoundation.org
Who are the executives of Minnesota Architectural Foundation and what are their salaries?
There 20 volunteers at Minnesota Architectural Foundation.
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- Related: $193,057
- Other: $27,421
Official website here: www.minnesotaarchitecturalfoundation.org
Where can I find the form 990 for Minnesota Architectural Foundation?
Minnesota Architectural Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.minnesotaarchitecturalfoundation.org
Learn more at the official website: www.minnesotaarchitecturalfoundation.org
Mission Statement of Minnesota Architectural Foundation
The Minnesota Architectural Foundation, as a nonprofit organization, is committed to investing in excellence, leadership, discovery, and equity within the field of architecture. Specifically, their mission is geared towards enhancing the profession of architecture in Minnesota. By providing scholarships and grants to qualified individuals and organizations with a focus on architecture, the foundation aims to improve the overall architecture profession and the built environment. This investment in the field aims to foster growth, innovation, and equality, thereby contributing positively to the architecture sector in Minnesota.
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Impact
October, 2024
The Minnesota Architectural Foundation significantly enhances the architectural landscape in Minnesota by investing in excellence, leadership, discovery, and equity within the profession. Through its Architectural Education Program, it provides scholarships and grants to individuals and organizations dedicated to improving the architecture profession and the built environment. This support not only fosters the next generation of architects but also drives innovation and standards in architectural practice, ultimately enhancing community spaces and promoting a more thoughtful approach to design. By prioritizing equity, the Foundation ensures that diverse voices are included in architectural discourse, paving the way for a more inclusive built environment that reflects the community's needs and aspirations.
This information is meant to be a general summary of Minnesota Architectural 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $32,218
- Program Service Revenue: $2,470
- Gross Receipts: $185,682
Assets and Liabilities:
- Total Assets: $1,578,309
- Total Liabilities: $7,000
- Net Assets: $1,571,309
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$2,470
Organization Details
Founding Year
1970
Phone
(612) 338-6763Principal Officer
Mary-Margaret Zindren
Main Address
105 5TH AVENUE SOUTH 485, MINNEAPOLIS, MN, 55401
NTEE Category
Code: B82 - Education
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