Overview
What is Prairie Minerals Foundation?
Prairie Minerals Foundation is a charitable organization based in Chicago, Illinois, with an address at 30 South Wells Street 4049. Its primary mission is to contribute to the exempt objectives of the Jewish Federation of Metropolitan Chicago, ensuring alignment with its own charitable, religious, educational, and scientific goals. The Foundation accomplishes this mission by providing grants to eligible organizations, as per the Internal Revenue Code section 501(c)(3). These grantees share similar objectives to those of the Prairie Minerals Foundation and the Jewish Federation of Metropolitan Chicago.
Is Prairie Minerals Foundation legitimate?
Prairie Minerals Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prairie Minerals 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
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What is the mission statement of Prairie Minerals Foundation?
The Prairie Minerals Foundation's mission is to align with the exempt purposes of the Jewish Federation of Metropolitan Chicago. This alignment is carried out through various means as determined by the Foundation's Board of Directors. The Foundation is organized for charitable, religious, educational, and scientific purposes, operating exclusively under the Internal Revenue Code. Grants are provided to organizations that meet the criteria established for both the Foundation and the Jewish Federation of Metropolitan Chicago.
What is the revenue of Prairie Minerals Foundation?
Prairie Minerals Foundation's revenue in 2024 was $13,570.
Who are the executives of Prairie Minerals Foundation and what are their salaries?
There 8 volunteers at Prairie Minerals Foundation.
Here are 12 key members and their salaries:
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- Related: $548,950
- Other: $22,729
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- Related: $358,009
- Other: $36,097
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- Related: $304,536
- Other: $48,056
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- Other: $0
Where can I find the form 990 for Prairie Minerals Foundation?
Prairie Minerals Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Prairie Minerals Foundation
Prairie Minerals Foundation, an organization with a mission rooted in supporting the Jewish Federation of Metropolitan Chicago, operates with the aim of achieving its exempt purposes. The Board of Directors of the Foundation has the authority to determine the methods through which this mission is carried out. Established with charitable, religious, educational, and scientific objectives in mind, the Foundation's goal is to make grants to organizations that fit the criteria set by both itself and the Jewish Federation of Metropolitan Chicago, which are both exempt under section 501(c)(3) of the Internal Revenue Code.
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Impact
October, 2024
Prairie Minerals Foundation plays a crucial role in enhancing community well-being by providing grants to organizations that align with charitable, religious, educational, and scientific purposes. By supporting initiatives that meet the criteria of 501(c)(3) organizations, the Foundation significantly contributes to a diverse range of programs and services that benefit the Greater Chicago area. Its impact is primarily realized through empowering various nonprofits, enabling them to pursue their missions more effectively and fostering a stronger, more resilient community. Through strategic grants, Prairie Minerals Foundation reinforces the values and objectives of the Jewish Federation of Metropolitan Chicago, ensuring that vital resources are allocated to initiatives that make a measurable difference in people's lives.
This information is meant to be a general summary of Prairie Minerals 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 2024.
- Investment Income: $109
- Gross Receipts: $13,570
Assets and Liabilities:
- Total Assets: $6,458,630
- Total Liabilities: $7,225
- Net Assets: $6,451,405
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Organization Details
Founding Year
2002
Principal Officer
David Sherman
NTEE Category
Code: T112 - Philanthropy
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