Overview
What is Shakopee Educational Endowment Foundation?
The Shakopee Educational Endowment Foundation is a nonprofit organization situated in Shakopee, Minnesota. Its primary mission revolves around providing educational grants and scholarships to specific schools within the area. Established with this purpose, the foundation aims to foster academic growth and opportunities for children and youth in their educational journey. The foundation's work encompasses various aspects, including granting financial aid and scholarships to eligible students to support their learning and development.
Official website here: www.shakopeeedfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
The Shakopee Educational Endowment Foundation has earned a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The rating is based entirely on a single beacon score, showcasing the charity's commitment to maintaining transparency and effective financial practices.
Key strengths of the organization include a fully independent board, which consists of nine members, ensuring unbiased governance. The foundation has demonstrated strong financial health with a 0.00% liabilities to assets ratio and an impressive program expense ratio of 82.40%, indicating that a significant portion of funds is allocated towards its educational initiatives.
While the organization exhibits several positive attributes, the rating relies solely on financial accountability metrics, which may not encompass the full spectrum of the foundation's impact or effectiveness in educational programming. Overall, the Shakopee Educational Endowment Foundation appears to be a reliable nonprofit focused on supporting education within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Shakopee Educational Endowment Foundation legitimate?
Shakopee Educational Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shakopee Educational Endowment 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.
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Official website here: www.shakopeeedfoundation.org
What is the mission statement of Shakopee Educational Endowment Foundation?
The Shakopee Educational Endowment Foundation's mission is centered around providing educational grants and scholarships. This mission is carried out by supporting various schools, aiming to enhance their educational capabilities and opportunities for students. The foundation's activities are geared towards enriching the educational environment and fostering academic growth. Through these grants and scholarships, the foundation seeks to contribute to the overall development of students, enabling them to pursue their educational goals more effectively.
Official website here: www.shakopeeedfoundation.org
What is the revenue of Shakopee Educational Endowment Foundation?
Shakopee Educational Endowment Foundation's revenue in 2023 was $41,154.
Official website here: www.shakopeeedfoundation.org
Who are the executives of Shakopee Educational Endowment Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.shakopeeedfoundation.org
Where can I find the form 990 for Shakopee Educational Endowment Foundation?
Shakopee Educational Endowment Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.shakopeeedfoundation.org
Learn more at the official website: www.shakopeeedfoundation.org
Mission Statement of Shakopee Educational Endowment Foundation
The Shakopee Educational Endowment Foundation is dedicated to supporting the educational growth of various schools by providing grants and scholarships. This nonprofit organization's primary mission is to contribute financially to the learning environments of specific educational institutions, fostering a conducive atmosphere for knowledge acquisition and personal development. By offering these educational grants and scholarships, the Shakopee Educational Endowment Foundation plays a crucial role in enhancing educational opportunities and fostering a nurturing environment for students, ultimately contributing to their overall development.
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Impact
August, 2024
The Shakopee Educational Endowment Foundation's impact can be seen in its provision of educational grants and scholarships to schools in Shakopee, Minnesota. By offering these resources, the foundation is supporting academic growth and opportunity within the local educational system. This direct investment in education helps enhance the quality of learning experiences for students and educators alike, ultimately contributing to the overall development and success of the community.
This information is meant to be a general summary of Shakopee Educational Endowment 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 2023.
- Investment Income: $10,051
- Gross Receipts: $41,154
Assets and Liabilities:
- Total Assets: $505,638
- Total Liabilities: $0
- Net Assets: $505,638
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Organization Details
Founding Year
1991
Principal Officer
Jack Trimbo
Website
www.shakopeeedfoundation.orgNTEE Category
Code: Z99Z - Unknown
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