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Salopek Foundation

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

EIN: 300027893 ✦ Las cruces, NM ✦ Designated as a 501(c)(3)

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Overview

What is Salopek Foundation?

The Salopek Foundation, situated in Las Cruces, New Mexico, is a nonprofit organization that plays a significant role in supporting educational programs at New Mexico State University and Texas A&M University. Their mission is to fund and manage scholarships and research projects that these universities would typically undertake independently. This nonprofit organization contributes to enhancing academic opportunities by providing financial support for these institutions' initiatives.

Is Salopek Foundation legitimate?

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

The Salopek Foundation's mission revolves around supporting and funding educational programs at New Mexico State University and Texas A&M University. If not for this organization, these activities would typically be handled by the universities themselves. This encompasses various initiatives, including scholarship programs and research projects, although it's not limited to these alone. The foundation plays a crucial role in enabling these educational advancements to proceed, thereby contributing to the academic growth and development at both universities. In the case of Texas A&M University, the foundation also manages research activities in the College of Agriculture & Life Sciences.

What is the revenue of Salopek Foundation?

Salopek Foundation's revenue in 2023 was $496,861.

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

Here are 4 key members and their salaries:


Benjamin G Salopek (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Dustin Salopek (Vp, Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad E Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr George Ray Mceachern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Salopek Foundation?

Salopek Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Salopek Foundation

The Salopek Foundation plays a crucial role in supporting the educational programs of two prestigious institutions, New Mexico State University and Texas A&M University. This nonprofit organization funds and manages scholarship and research programs that, in the absence of their involvement, would be undertaken by the universities themselves. The Salopek Foundation's mission is to bolster the academic activities of both universities, specifically in the areas of scholarship and research, thereby contributing to their overall growth and development. In the context of Texas A&M University, this organization plays a significant role in managing research activities within the College of Agriculture & Life Sciences.

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Impact




October, 2024

The Salopek Foundation significantly enhances educational opportunities and research initiatives at New Mexico State University and Texas A&M University. By providing essential support and funding, the foundation enables programs that might otherwise be unavailable, thereby enriching the academic landscape.

This includes facilitating scholarship programs that empower students from diverse backgrounds to pursue their educational goals, as well as advancing research activities in fields such as agriculture and life sciences. By focusing on areas that align with their mission, the Salopek Foundation plays a crucial role in driving innovation and academic excellence within these institutions.

Through its strategic investments, the foundation not only aids in the immediate development of educational resources but also fosters long-term academic growth and community engagement, ultimately benefiting students and the wider society.




This information is meant to be a general summary of Salopek 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
$496,861 (2023)
Expenses
$914,848 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $125,958
  • Gross Receipts: $496,861

Assets and Liabilities:

  • Total Assets: $14,729,725
  • Total Liabilities: $2,357,736
  • Net Assets: $12,371,989

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Organization Details

Founding Year

2001

Principal Officer

Benjamin Salopek

NTEE Category

Code: T30 - Philanthropy

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