Overview
What is Oahe Foundation?
The Oahe Foundation is a 501(c)(3) nonprofit organization, located in Pierre, South Dakota (PO Box 998). Its primary purpose is to serve as a conduit, channeling contributions made by the public at large. These funds are ultimately utilized for charitable, educational, or scientific purposes, acting on behalf of the third-party donor. The foundation's mission is to facilitate such distributions, aligning with the wishes of the contributors, and supporting various beneficiary organizations in accomplishing their objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Oahe Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The overall score is primarily based on their impressive Accountability & Finance score of 82%, indicating strong financial health and transparency, which is crucial for donor confidence and operational sustainability.
Strengths of the Oahe Foundation include a fully independent board, with all ten members demonstrating a commitment to governance. The organization has not reported any material diversion of assets or conflicts of interest, and it has established robust policies for whistleblowing and document retention. Additionally, the foundation manages its resources effectively, with a program expense ratio of 100% and a remarkable working capital ratio of over ten years, highlighting their efficiency in fund usage.
Despite these strengths, the rating reflects no significant limitations noted in the available data. The foundation appears to be well-managed and financially stable, but ongoing transparency and engagement with stakeholders will be essential for maintaining and improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Oahe Foundation legitimate?
Oahe Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oahe 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 Oahe Foundation?
The Oahe Foundation serves as a medium for channelling contributions made by the general public through a 501(c)(3) foundation. These contributions are ultimately intended for charitable, educational, or scientific purposes, acting on behalf and in the name of the third-party donor. The organization's role is to distribute funds for charitable purposes or to exempt organizations, adhering to the donor's wishes. In essence, the Oahe Foundation functions as a conduit for charitable purposes, facilitating the realization of philanthropic aspirations.
Who is the CEO of Oahe Foundation?
Jim Laird is the Treasurer of Oahe Foundation.
What is the revenue of Oahe Foundation?
Oahe Foundation's revenue in 2022 was $3,675,299.
Who are the executives of Oahe Foundation and what are their salaries?
There 8 volunteers at Oahe Foundation.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Oahe Foundation?
Oahe Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oahe Foundation
The Oahe Foundation serves as a conduit, allowing the public to channel their charitable, educational, or scientific contributions through a 501(C)(3) foundation. This foundation's ultimate purpose is to utilize these funds for noble causes, acting on behalf of the third-party donors. The organization's role is to distribute these funds for charitable purposes, aligning with the wishes of the contributors and supporting exempt organizations in their missions.
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Impact
October, 2024
The Oahe Foundation serves as a critical channel for contributions made by the public, facilitating the flow of financial support to various charitable, educational, and scientific initiatives. By acting as a conduit, the foundation enables donors to fulfill their philanthropic intentions, ensuring that their contributions are directed towards causes they care about.
Operating from Pierre, SD, the foundation manages and distributes funds according to the wishes of contributors, thereby amplifying their impact on the community. The funds are utilized to support a range of charitable activities and provide grants to tax-exempt organizations. This mechanism not only enhances the effectiveness of donations but also fosters a culture of giving, encouraging more individuals and organizations to contribute to noble causes.
Through its mission, the Oahe Foundation maximizes the reach and effectiveness of philanthropic efforts, ultimately making a significant difference in the lives of those it serves. Its role as a facilitator in the charitable landscape enables important educational and scientific endeavors to thrive, creating a lasting legacy of support for future generations.
This information is meant to be a general summary of Oahe 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: $1,089,535
- Gross Receipts: $4,866,700
Assets and Liabilities:
- Total Assets: $22,895,209
- Total Liabilities: $0
- Net Assets: $22,895,209
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Organization Details
Founding Year
1984
Phone
(605) 224-7392Principal Officer
Jim Laird
Main Address
PO BOX 998, PIERRE, SD, 57501
NTEE Category
Code: T310 - Philanthropy
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