nonprofit logo

Lourdes Foundation Inc

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

EIN: 237367336 ✦ Rochester, MN ✦ Designated as a 501(c)(3)

Overview

What is Lourdes Foundation Inc?

Lourdes Foundation Inc is a charitable organization located in Rochester, Minnesota, with an address at 1710 Industrial Drive NW. Their primary mission is to support and celebrate Rochester Catholic Schools by uniting alumni, parents, and friends. One of their significant initiatives is a scholarship program, which provided financial aid totalling $361,324 to 99 students in need, primarily at Lourdes High School. Awards were given at various levels, including elementary, middle, and high school, with a portion also allocated for college scholarships. The foundation's efforts contribute to the well-being and education of students within the Rochester Catholic Schools community.


Official website here: www.rcsmn.org/support-rcs/lourdes-foundation

Is Lourdes Foundation Inc legitimate?

Lourdes Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lourdes 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.

Here 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.rcsmn.org/support-rcs/lourdes-foundation

What is the mission statement of Lourdes Foundation Inc?

Lourdes Foundation Inc's mission is centered around bringing together alumni, parents, and supporters in celebration and assistance for Rochester Catholic schools. Their primary objective is to provide financial aid to students in need, primarily from Lourdes High School, as evidenced by the scholarship program that awarded $361,324 to 99 students in 2021. This aid was distributed across various levels of education, with 7 awards at the elementary level, 25 at the middle school level, and 215 at the high school level. Additionally, $9,188 of these awards were college scholarships.


Official website here: www.rcsmn.org/support-rcs/lourdes-foundation

Who is the CEO of Lourdes Foundation Inc?

Joseph Mahoney is the Director of Lourdes Foundation Inc.


Official website here: www.rcsmn.org/support-rcs/lourdes-foundation

What is the revenue of Lourdes Foundation Inc?

Lourdes Foundation Inc's revenue in 2022 was $1,937,290.


Official website here: www.rcsmn.org/support-rcs/lourdes-foundation

Who are the executives of Lourdes Foundation Inc and what are their salaries?

Here are 16 key members and their salaries:

    Darci Kopischke Resigned (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Allison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerry Nonn (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Broadbent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Forliti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kc Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Brinkman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Mahoney (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Davick (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kari Schilling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr William Faubion (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trina Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blair Seelhammer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erica Restovich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebekah Johnson (Advancement Coordinator)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rcsmn.org/support-rcs/lourdes-foundation

    Where can I find the form 990 for Lourdes Foundation Inc?

    The Lourdes Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rcsmn.org/support-rcs/lourdes-foundation

    Learn more at the official website: www.rcsmn.org/support-rcs/lourdes-foundation

    Mission Statement of Lourdes Foundation Inc

    Lourdes Foundation Inc, a nonprofit organization, is committed to fostering a sense of unity among alumni, parents, and supporters of Rochester Catholic Schools. Its primary mission is to celebrate and provide assistance to these institutions, with a significant focus on Lourdes High School. The foundation accomplishes this mission through its scholarship program, which offers financial aid to students in need, primarily at Lourdes High School. The scholarship program awarded a total of $361,324 to 99 deserving students, with college scholarships making up a portion of these awards. The program extends support to students at various levels, including elementary, middle, and high school, with 7 awards at the elementary level, 25 awards at the middle school level, and a substantial 215 awards at the high school level. Lourdes Foundation Inc's mission is to unite and uplift the community around Rochester Catholic Schools, providing essential financial aid and fostering a sense of unity among its alumni, parents, and supporters.

    Impact

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




    Thursday, August 15, 2024

    Lourdes Foundation Inc's impact can be seen in its efforts to support Rochester Catholic Schools through its scholarship program. In the last reported period, the foundation awarded $361,324 in scholarships to 99 students in financial need, primarily at Lourdes High School. These scholarships were distributed across different levels, with 7 awards at the elementary level, 25 awards at the middle school level, and 215 awards at the high school level. Additionally, the foundation provided $9,188 in college scholarships. Through these initiatives, Lourdes Foundation Inc is making education more accessible and affordable for students in Rochester, MN.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $918,188
  • Program Service Revenue: $0
  • Gross Receipts: $4,199,579

    • Assets and Liabilities:
  • Total Assets: $9,396,847
  • Total Liabilities: $15,026
  • Net Assets: $9,381,821
  • Organization Details

    Founding Year

    1974

    Principal Officer

    Joseph Mahoney

    Main Address

    1710 INDUSTRIAL DRIVE NW, ROCHESTER, MN, 55901

    NTEE Category

    Code: B25I - Education

    If you are a representative of Lourdes Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.