Overview
What is Mount Calvary Lutheran Church Foundation?
Mount Calvary Lutheran Church Foundation is a nonprofit organization situated in Excelsior, Minnesota. Their main goal is to collect donations and allocate the funds towards charitable causes, contributing to the mission of various qualifying organizations both locally and nationally. This includes supporting Mt. Calvary and the broader community with their charitable endeavors. The foundation serves as a vital resource in the distribution of funds for noble causes, aiming to make a positive impact on a larger scale.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 73%, Two-Star out of Four Star rating.
The Mount Calvary Lutheran Church Foundation has received a rating of "Needs Improvement" from Charity Navigator, primarily due to several policy gaps despite strong financial accountability. The organization has excelled in various aspects, achieving a perfect score in Accountability & Finance, with notable performance in areas like independent board governance and program expense ratios. This highlights a commitment to effective financial management and operational transparency.
However, limitations have been identified in the foundation's governance policies. The absence of key documents, such as a conflict of interest policy, a whistleblower policy, and a document retention policy, raises concerns about organizational practices. Additionally, the foundation's website is missing from its tax forms, which can affect its visibility and transparency to potential donors and stakeholders.
Overall, while the Mount Calvary Lutheran Church Foundation demonstrates solid financial practices, it will benefit from addressing these governance deficiencies to enhance its credibility and overall rating. Improving these areas could strengthen its operations and build greater trust with the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Calvary Lutheran Church Foundation legitimate?
Mount Calvary Lutheran Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Calvary Lutheran Church 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 Mount Calvary Lutheran Church Foundation?
The Mount Calvary Lutheran Church Foundation's mission is centered around receiving donations and utilizing these funds to support charitable causes. Specifically, they focus on aiding organizations both within their own community and nationally. Through their financial support, these organizations are able to work towards fulfilling their own exempt organization missions. The foundation's activities are primarily geared towards advancing the causes they support, providing them with the necessary resources to make a positive impact.
Who is the CEO of Mount Calvary Lutheran Church Foundation?
Michael Cunningham is the Chairman of Mount Calvary Lutheran Church Foundation.
What is the revenue of Mount Calvary Lutheran Church Foundation?
Mount Calvary Lutheran Church Foundation's revenue in 2022 was $57,055.
Who are the executives of Mount Calvary Lutheran Church Foundation and what are their salaries?
There 15 volunteers at Mount Calvary Lutheran Church Foundation.
Here are 15 key members and their salaries:
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Where can I find the form 990 for Mount Calvary Lutheran Church Foundation?
Mount Calvary Lutheran Church Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mount Calvary Lutheran Church Foundation
Mount Calvary Lutheran Church Foundation, as its name suggests, is an organization dedicated to receiving donations and utilizing the funds for charitable purposes. This encompasses support for Mount Calvary and its local community, as well as extending aid nationally. The foundation's mission is to channel these donations towards qualifying organizations, enabling them to accomplish their exempt organization objectives. By doing so, Mount Calvary Lutheran Church Foundation plays a significant role in contributing to various charitable causes, thereby making a positive impact on multiple communities.
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Impact
August, 2024
Mount Calvary Lutheran Church Foundation has made a significant impact in supporting charitable purposes both locally and nationally. Through receiving donations and strategically allocating funds, the foundation has been able to support a number of qualifying organizations financially. This support has enabled these organizations to further their missions and make a positive difference in the community. The foundation's commitment to philanthropy has helped in bringing about positive change and making a difference in the lives of many.
This information is meant to be a general summary of Mount Calvary Lutheran Church 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: $21,323
- Gross Receipts: $57,055
Assets and Liabilities:
- Total Assets: $709,213
- Total Liabilities: $0
- Net Assets: $709,213
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Organization Details
Founding Year
1980
Principal Officer
Michael Cunningham
Main Address
301 County Rd 19, Excelsior, MN, 55331
NTEE Category
Code: T30 - Philanthropy
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