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Knute Nelson Foundation

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

EIN: 411451486 ✦ Alexandria, MN ✦ Designated as a 501(c)(3)

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Overview

What is Knute Nelson Foundation?

The Knute Nelson Foundation is a 501(c)(3) nonprofit organization based in Alexandria, Minnesota, committed to supporting Knute Nelson, an organization dedicated to enriching the lives of all served. Through philanthropic contributions, the Foundation sustains Knute Nelson's programs of excellence and funds innovative care for aging adults. In the recent fiscal year, the Foundation supported various initiatives, including hospice services, CNA education, equipment enhancements, resident activities, endowment funding, chaplaincy and spiritual care, caregiver scholarships, leader scholarships, and benevolence care. These endeavors aim to improve the quality of life for those served by Knute Nelson, with a focus on supporting individuals and families during challenging times.


Official website here: www.knutenelson.org

Is Knute Nelson Foundation legitimate?

Knute Nelson Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knute Nelson 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.knutenelson.org

What is the mission statement of Knute Nelson Foundation?

The Knute Nelson Foundation's mission is centered around supporting Knute Nelson, an organization dedicated to enriching the lives of everyone it serves. The foundation adheres to five core values: Christian Heritage, Valuing People, Customer-Focused Excellence, Community Engagement, and Stewardship. Through philanthropic funds, the foundation aids Knute Nelson in maintaining its mission by financing programs and initiatives. These investments allow for the provision of enhanced care for aging adults, including hospice services, CNA education, and equipment purchases. The foundation also supports special activities for residents, scholarships for staff education, and benevolent care for those who cannot afford it. All contributions to the foundation are tax-deductible.


Official website here: www.knutenelson.org

Who is the CEO of Knute Nelson Foundation?

Mark Anderson is the Chair of Knute Nelson Foundation. The CEO's salary of Knute Nelson Foundation is $0 and their total compensation is $419,237.


Official website here: www.knutenelson.org

What is the revenue of Knute Nelson Foundation?

Knute Nelson Foundation's revenue in 2022 was $612,878.


Official website here: www.knutenelson.org

Who are the executives of Knute Nelson Foundation and what are their salaries?

There 10 volunteers at Knute Nelson Foundation.


Here are 15 key members and their salaries (Knute Nelson Foundation's CEO's salary is $0 and their total compensation is $419,237):


Elliot Christensen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Busrch (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Carlson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Moen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Eidsvold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vern Anderson (Director (Oct - Jun))
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Henrickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Hansen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmon Watkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Bush (Director (Oct - Jun))
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Anderson (President/Ceo)
  • Compensation: $0
  • Related: $360,500
  • Other: $58,737
Marnie Gugisbergsr Vp (Chief Financial Officer)
  • Compensation: $0
  • Related: $205,236
  • Other: $36,080
Katie Perrysr Vpchief (Development/Strategy Officer)
  • Compensation: $0
  • Related: $187,141
  • Other: $21,398
Emily Geris (Foundation Executive Director)
  • Compensation: $0
  • Related: $85,190
  • Other: $10,886


Official website here: www.knutenelson.org

Where can I find the form 990 for Knute Nelson Foundation?

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


Official website here: www.knutenelson.org

Learn more at the official website: www.knutenelson.org

Mission Statement of Knute Nelson Foundation

The Knute Nelson Foundation, committed to enriching the lives of everyone it serves, aligns its mission with that of Knute Nelson. Guided by five core values - Christian Heritage, Valuing People, Customer-Focused Excellence, Community Engagement, and Stewardship - the foundation seeks to secure philanthropic funds that bolster Knute Nelson's programs of excellence. This support allows Knute Nelson to deliver above-and-beyond enrichment in various aspects of its organization.

In the past fiscal year, the foundation's charitable contributions have led to numerous initiatives that improved the quality of care provided to aging adults at Knute Nelson. These initiatives include Hospice Services, which offer enriching services such as music therapy, healing touch, and bereavement support for families, and Certified Nursing Assistant Education, which equips high school students with industry-recognized CNA certification. The foundation's contributions also funded equipment purchases that enhanced care, such as APM mattresses for pressure ulcer reduction and grief toolboxes for Hospice patients. Further, resident activities, like performances and outings, were made possible to build community among residents.

Moreover, the foundation supports endowment and unrestricted funds, financing essential programming for residents, caregiver scholarships, and leadership scholarships. Benevolence care is also provided, ensuring no one is turned away due to financial constraints. These initiatives demonstrate the Knute Nelson Foundation's dedication to enriching the lives of those it serves, reflecting its mission to support Knute Nelson in its mission of enrichment.

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Impact




October, 2024

The Knute Nelson Foundation significantly enhances the care and services provided to aging adults and their families in the community. Through philanthropic support, the foundation advances its mission of enriching lives by funding a variety of initiatives across the organization.

One of the key impacts is the provision of comprehensive hospice services, which include specialized therapies such as music therapy and bereavement support for families, ensuring that individuals facing terminal illnesses receive compassionate and enriching care during a challenging time.

The foundation also invests in the future of healthcare by offering Certified Nursing Assistant (CNA) training to local high school students, equipping them with valuable skills and introducing them to fulfilling careers in health care.

Enhancements to equipment and resources have significantly improved the quality of care for older adults. Recent purchases include advanced mattresses that minimize pressure ulcers for residents, tools for hospice patients and their families, and fitness equipment for wellness programs, all contributing to better health outcomes and overall well-being.

The foundation fosters community and connection among residents through enjoyable activities and events, including performances, outings, and social gatherings, which promote mental and emotional enrichment.

Additionally, the Knute Nelson Foundation supports staff development through scholarships that allow caregiving staff to further their education and training in various healthcare fields. This commitment to education not only strengthens the workforce but also ensures that residents receive the highest quality of care.

Crucially, the foundation's benevolent care program guarantees that no one is turned away due to financial constraints, ensuring that every individual can access the necessary care regardless of their ability to pay.

Through these initiatives and support, the Knute Nelson Foundation plays a vital role in enriching the lives of individuals and families within the community, reflecting a strong commitment to compassion, excellence, and stewardship.




This information is meant to be a general summary of Knute Nelson 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
$612,878 (2022)
Expenses
$493,885 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $197,648
  • Gross Receipts: $625,541

Assets and Liabilities:

  • Total Assets: $3,297,425
  • Total Liabilities: $77,810
  • Net Assets: $3,219,615

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Organization Details

Founding Year

1983

Principal Officer

Mark Anderson

Main Address

2209 Jefferson St Ste 201, Alexandria, MN, 56308

NTEE Category

Code: T00 - Philanthropy

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