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Sfm Foundation

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

EIN: 262723684 ✦ Bloomington, MN ✦ Designated as a 501(c)(3)

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Overview

What is Sfm Foundation?

The Sfm Foundation, situated in Bloomington, Minnesota, is a nonprofit organization that extends financial aid in the form of post-secondary education scholarships to children whose parents have tragically passed away or suffered severe incapacitation due to work-related accidents or diseases. The foundation's primary mission is to support the educational aspirations of these children, providing them with an opportunity to pursue higher education despite the unfortunate circumstances that have impacted their families. The Sfm Foundation strives to alleviate some of the financial burden associated with higher education, thereby empowering the children to build a brighter future.


Official website here: www.sfmic.com/foundation

Is Sfm Foundation legitimate?

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


Official website here: www.sfmic.com/foundation

What is the mission statement of Sfm Foundation?

The Sfm Foundation's mission is centered around providing post-secondary education scholarships to children whose parents have tragically passed away or suffered severe disabilities due to work-related accidents or diseases. This organization aims to alleviate the financial burden of higher education for these children, thereby enabling them to pursue their academic goals. By offering scholarships, the Sfm Foundation seeks to offer a pathway towards a better future for these children, ensuring that their parents' hardships do not hinder their educational aspirations.


Official website here: www.sfmic.com/foundation

Who is the CEO of Sfm Foundation?

Linda Williams is the Chairman of Sfm Foundation.


Official website here: www.sfmic.com/foundation

What is the revenue of Sfm Foundation?

Sfm Foundation's revenue in 2022 was $409,054.


Official website here: www.sfmic.com/foundation

Who are the executives of Sfm Foundation and what are their salaries?

There 50 volunteers at Sfm Foundation.


Here are 15 key members and their salaries:


David Kaiser (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Zorn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Gallagher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Otos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonia O'Brien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mikaela Willhite (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Ford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrin Ausman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Muselman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Cooling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Miner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Uhl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sfmic.com/foundation

Where can I find the form 990 for Sfm Foundation?

Sfm Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sfmic.com/foundation

Learn more at the official website: www.sfmic.com/foundation

Mission Statement of Sfm Foundation

The Sfm Foundation, named after its initials, is dedicated to providing post-secondary education scholarships for children whose parents have tragically lost their lives or suffered serious disabilities due to workplace accidents or illnesses. This nonprofit organization's mission is deeply rooted in supporting the educational aspirations of these children, ensuring they have the opportunity to pursue higher education despite the hardships their families have faced. By offering these scholarships, the Sfm Foundation aims to alleviate some of the financial burden associated with further education, thereby providing a brighter future for these children. As of the provided information, the foundation has awarded scholarships to 15 such students, demonstrating its commitment to fulfilling its mission.

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Impact




October, 2024

Sfm Foundation significantly impacts the lives of children whose parents have suffered fatal injuries or serious disabilities due to work-related accidents or diseases. By providing post-secondary education scholarships, the foundation empowers these students to pursue their educational goals, ensuring that the adverse circumstances they face do not hinder their future prospects. In a notable achievement, the foundation has awarded scholarships to 15 deserving students, facilitating their access to higher education and offering them hope for a brighter future. This focus on education not only supports individual aspirations but also fosters resilience and strength within affected families, helping them to navigate challenging times and build a path toward stability and success.




This information is meant to be a general summary of Sfm 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
$409,054 (2022)
Expenses
$423,144 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,644
  • Gross Receipts: $497,644

Assets and Liabilities:

  • Total Assets: $1,066,331
  • Total Liabilities: $695,673
  • Net Assets: $370,658

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Organization Details

Founding Year

2008

Principal Officer

Linda Williams

Main Address

3500 AMERICAN BLVD WEST 700, BLOOMINGTON, MN, 55431

NTEE Category

Code: B82 - Education

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