Overview
What is Minnesota Twins Community Fund?
The Minnesota Twins Community Fund is a 501(c)(3) nonprofit organization, situated in Minneapolis, Minnesota, specifically at 250 NICOLLET MALL SUITE 600. Their primary mission is to enrich local and regional communities by providing resources for the healthy development of children and families, often in association with baseball, softball, and the Minnesota Twins. They achieve this through various initiatives, including sponsoring the Play Ball! MN program, which hosts baseball clinics for youth, particularly those from economically disadvantaged neighborhoods. The program aims to offer valuable resources for the overall growth and well-being of children and families.
Official website here: www.mlb.com/twins/community/fund
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Minnesota Twins Community Fund has earned an impressive Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. With an overall score derived entirely from its accountability and finance metrics, the fund's score of 97% demonstrates robust financial management practices that are crucial for donor trust and support.
Strengths of the organization include a fully independent board of directors and strong performance in various areas such as financial oversight, with no material diversion of assets reported. The fund excels in maintaining clear policies, including conflict of interest and whistleblower protections, contributing to its high accountability standards. Additionally, a program expense ratio of nearly 94% indicates that a significant portion of its funds directly supports its charitable initiatives.
While the Minnesota Twins Community Fund showcases excellent financial health and governance, potential donors and stakeholders should remain informed about the specific programs and initiatives that the organization funds to assess its overall impact. Nevertheless, the robust financial ratios and governance practices present a strong case for the fund's reliability as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Twins Community Fund legitimate?
Minnesota Twins Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Twins Community Fund 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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For more financial information, click here
Official website here: www.mlb.com/twins/community/fund
What is the mission statement of Minnesota Twins Community Fund?
The Minnesota Twins Community Fund, as a 501(c)(3) service organization, is dedicated to enriching local and regional communities. They achieve this mission by providing resources for the healthy development of children and families, leveraging their association with baseball, softball, and the Minnesota Twins. One of their key initiatives is the Play Ball! MN program, which organizes baseball clinics for youth, particularly from economically disadvantaged neighborhoods. The aim is to foster growth and development in children and families through these community-focused activities.
Official website here: www.mlb.com/twins/community/fund
Who is the CEO of Minnesota Twins Community Fund?
Kristin Rortvedt is the Director/Past Chair of Minnesota Twins Community Fund.
Official website here: www.mlb.com/twins/community/fund
What is the revenue of Minnesota Twins Community Fund?
Minnesota Twins Community Fund's revenue in 2022 was $2,987,589.
Official website here: www.mlb.com/twins/community/fund
Who are the executives of Minnesota Twins Community Fund and what are their salaries?
There 400 volunteers at Minnesota Twins Community Fund.
Here are 20 key members and their salaries:
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Official website here: www.mlb.com/twins/community/fund
Where can I find the form 990 for Minnesota Twins Community Fund?
Minnesota Twins Community Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mlb.com/twins/community/fund
Learn more at the official website: www.mlb.com/twins/community/fund
Mission Statement of Minnesota Twins Community Fund
The Minnesota Twins Community Fund, as a 501(c)(3) service organization, is committed to enriching local and regional communities by providing resources for the healthy development of children and families. Associated with baseball, softball, and the Minnesota Twins, this nonprofit organization seeks to fulfill its mission by sponsoring programs like the Play Ball! MN program. This particular initiative hosts baseball clinics for youth, with a focus on children from economically disadvantaged neighborhoods. By offering these opportunities, the Minnesota Twins Community Fund aims to contribute positively to the overall well-being of children and families in the community, promoting their growth and development.
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Impact
July, 2024
The Minnesota Twins Community Fund has a significant impact on the local and regional communities by providing resources for the healthy development of children and families through its association with baseball, softball, and the Minnesota Twins. One of the main activities sponsored by the organization is the Play Ball! MN program, which hosts baseball clinics for youth, particularly children from economically-disadvantaged neighborhoods. This initiative not only promotes sports participation but also instills important values such as teamwork, discipline, and sportsmanship in the youth. Through these efforts, the Minnesota Twins Community Fund plays a vital role in enriching the lives of children and families in the Minneapolis area and beyond.
This information is meant to be a general summary of Minnesota Twins Community Fund. 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: $101
- Gross Receipts: $2,999,331
Assets and Liabilities:
- Total Assets: $3,271,498
- Total Liabilities: $265,117
- Net Assets: $3,006,381
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Organization Details
Founding Year
1991
Phone
(612) 659-3407Principal Officer
Kristin Rortvedt
Main Address
250 NICOLLET MALL SUITE 600, MINNEAPOLIS, MN, 55401
NTEE Category
Code: I99Z - Crime
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