Luther Seminary Foundation

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

EIN: 411746301 ✦ St paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is Luther Seminary Foundation?

Luther Seminary Foundation is a nonprofit organization situated in St. Paul, Minnesota, with the address 2481 Como Ave, 55108. Their primary objective is to aid Luther Seminary in its fundraising initiatives, contributing to the seminary's overall welfare. The foundation has demonstrated its support through various means, including granting $289,524 for a chaired position within the seminary and providing $625,899 in financial aid to seminary students. In essence, the Luther Seminary Foundation plays a significant role in bolstering the education and financial stability of the seminary and its students.


Official website here: www.luthersem.edu

What do the Facebook reviews say about Luther Seminary Foundation?

84% of 47 reviewers on Facebook recommend Luther Seminary Foundation. Here is a summary of their reviews:

Many reviewers express appreciation for events like the Festival of Homiletics, highlighting its relevance and the supportive community it fosters. Attendees find the opportunities for professional development and spiritual growth valuable, and the organization is praised for its commitment to providing quality resources for those involved in preaching and ministry.

Overall, it seems that Luther Seminary Foundation successfully delivers on its mission, enriching the experience of its participants with engaging programs and a welcoming atmosphere. This positive sentiment reflects a strong endorsement of the organization's initiatives and their impact on the community.


This AI summary has been generated from reviews found on Facebook.

Is Luther Seminary Foundation legitimate?

Luther Seminary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Luther Seminary 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.luthersem.edu

What is the mission statement of Luther Seminary Foundation?

The Luther Seminary Foundation's mission is centered around assisting Luther Seminary in its general fundraising activities. Specifically, the foundation's role involves soliciting and accepting various forms of contributions, such as endowments and operational gifts, for the benefit of the seminary. One of the ways the foundation supports Luther Seminary is by providing financial aid to seminary students, totaling $625,899, and funding educational programs, including a chair position within the seminary, to the tune of $289,524.


Official website here: www.luthersem.edu

Who is the CEO of Luther Seminary Foundation?

John Coskran is the Chair of Luther Seminary Foundation.


Official website here: www.luthersem.edu

What is the revenue of Luther Seminary Foundation?

Luther Seminary Foundation's revenue in 2022 was $1,076,535.


Official website here: www.luthersem.edu

Who are the executives of Luther Seminary Foundation and what are their salaries?

There 3 volunteers at Luther Seminary Foundation.


Here are 6 key members and their salaries:


David Rutlen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Gruner (Secretary (As Of 7/1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ladd Bjorneby (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Steinke (President)
  • Compensation: $0
  • Related: $117,313
  • Other: $130,014
Michael Morrow (Vp Of Finance & Treasurer)
  • Compensation: $0
  • Related: $187,393
  • Other: $62,493
Heidi Droegmueller (Executive Director)
  • Compensation: $0
  • Related: $178,051
  • Other: $57,368


Official website here: www.luthersem.edu

Where can I find the form 990 for Luther Seminary Foundation?

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


Official website here: www.luthersem.edu

Learn more at the official website: www.luthersem.edu

Mission Statement of Luther Seminary Foundation

Luther Seminary Foundation's mission is centered around supporting Luther Seminary in its fundraising activities. The foundation's primary role is to solicit and accept contributions, including endowments, deferred gifts, and operating gifts, for the benefit of the seminary. By doing so, the foundation aims to assist Luther Seminary in its general operations and educational programs.

One of the ways Luther Seminary Foundation fulfills its mission is by providing financial support for educational programs. For instance, the foundation granted $289,524 to Luther Seminary to cover the expenses of a chaired position within the seminary and other educational support. This financial aid helps ensure that Luther Seminary can maintain a high standard of education and continue to produce well-equipped graduates.

Furthermore, Luther Seminary Foundation demonstrates its commitment to supporting students by providing financial assistance. The foundation granted $625,899 to Luther Seminary for this purpose. This financial aid is crucial in helping seminary students manage their expenses, reducing the financial burden and enabling them to focus on their studies. By providing educational support and student aid, Luther Seminary Foundation plays a significant role in supporting Luther Seminary and its students in their endeavors.

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Impact




October, 2024

Luther Seminary Foundation significantly enhances educational opportunities and student support at Luther Seminary in St. Paul, MN. With a focus on fundraising activities, the foundation has granted substantial funds to bolster the seminary's operations. Notably, $289,524 was allocated to support a chaired position and other educational programs, ensuring high-quality instruction and resources for students.

Moreover, student aid is a critical area of focus, with the foundation providing $625,899 in financial assistance. This support plays a vital role in making theological education more accessible, allowing students to pursue their studies without overwhelming financial burden. Through these efforts, Luther Seminary Foundation fosters a thriving academic environment, ultimately contributing to the development of future leaders in ministry and theological education.




This information is meant to be a general summary of Luther Seminary 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
$1,076,535 (2022)
Expenses
$1,062,879 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $672,418
  • Gross Receipts: $10,836,567

Assets and Liabilities:

  • Total Assets: $31,576,918
  • Total Liabilities: $1,361,345
  • Net Assets: $30,215,573

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Organization Details

Founding Year

1991

Principal Officer

John Coskran

Main Address

2481 COMO AVE, ST PAUL, MN, 55108

NTEE Category

Code: B11 - Education

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