Overview
What is M State Foundation And Alumni?
M State Foundation and Alumni is a nonprofit organization situated in Moorhead, Minnesota, specifically at 1900 28th Ave S, with a mission to support Minnesota State University (M State) by financially assisting students. Their vision is to foster an environment that encourages learning by investing in crucial priorities that significantly impact and expand opportunities for the students they serve. As per the provided information, they have distributed 102 scholarships for M State students across their Detroit Lakes, Moorhead, and Wadena campuses. The foundation's purpose is to contribute to M State's mission, ultimately creating a success story for every M State student.
Official website here: www.minnesota.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The M State Foundation And Alumni has achieved a remarkable 97% rating from Charity Navigator, which reflects strong performance in accountability and finance. This score is derived entirely from their accountability metrics, indicating the organization is highly transparent and responsible with its financial practices.
Strengths highlighted in the evaluation include a fully independent board with 12 members, and the absence of any material diversion of assets. The foundation also complies with essential policies such as conflict of interest, whistleblower, and document retention policies, all of which are crucial for maintaining integrity and trust within a nonprofit organization.
Despite the commendable ratings, the score does not provide insights into the foundation's programmatic impact or community outreach. The focus solely on financial accountability means potential donors may want to investigate the organization's effectiveness in achieving its mission beyond its financial health.
This AI summary has been generated from information found on Charity Navigator.
Is M State Foundation And Alumni legitimate?
M State Foundation And Alumni is a legitimate nonprofit organization registered as a 501(c)(3) entity. M State Foundation And Alumni 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: $131,656
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Official website here: www.minnesota.edu/foundation
What is the mission statement of M State Foundation And Alumni?
The M State Foundation and Alumni's mission is centered around supporting the educational mission of M State. Their primary goal is to provide financial assistance, aiming to create a learning environment that fosters success for every M State student. They invest in key priorities that have the greatest impact and growth potential for their served students. The foundation's vision is to establish a culture that encourages learning, ultimately leading to widespread opportunities for students. As of the provided information, they have offered 102 scholarships to M State students across various campuses.
Official website here: www.minnesota.edu/foundation
Who is the CEO of M State Foundation And Alumni?
Melvin Whitney Jr is the Foundation D of M State Foundation And Alumni.
Official website here: www.minnesota.edu/foundation
What is the revenue of M State Foundation And Alumni?
M State Foundation And Alumni's revenue in 2023 was $467,835.
Official website here: www.minnesota.edu/foundation
Who are the executives of M State Foundation And Alumni and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.minnesota.edu/foundation
Where can I find the form 990 for M State Foundation And Alumni?
M State Foundation And Alumni's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.minnesota.edu/foundation
Learn more at the official website: www.minnesota.edu/foundation
Mission Statement of M State Foundation And Alumni
M State Foundation and Alumni is dedicated to supporting the mission of M State by providing financial aid to help every M State student achieve success. Their vision is to establish a learning culture by investing in the key priorities that offer the greatest impact and growth opportunities for the students they serve. The organization aims to provide financial support to create a successful story for every M State student.
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Impact
July, 2024
The M State Foundation And Alumni have made a significant impact by providing 102 scholarships for M State students on the Detroit Lakes, Moorhead, and Wadena campuses. This support directly contributes to the success of M State students by helping create opportunities for their educational advancement. Through their vision and mission to support learning and invest in key priorities, the foundation plays a vital role in ensuring the growth and success of the students they serve.
This information is meant to be a general summary of M State Foundation And Alumni. 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 2023.
- Investment Income: $35,690
- Gross Receipts: $467,835
Assets and Liabilities:
- Total Assets: $1,048,500
- Total Liabilities: $650
- Net Assets: $1,047,850
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Organization Details
Founding Year
1991
Phone
(218) 631-7819Principal Officer
Melvin Whitney Jr
Main Address
1900 28TH AVE S, MOORHEAD, MN, 56560
Website
www.minnesota.edu/foundationNTEE Category
Code: B84 - Education
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