Overview
What is Mount Saint Benedict Foundation?
Mount Saint Benedict Foundation, based in Crookston, Minnesota, serves primarily as a fundraising entity. Its primary mission is to support the Sisters of St. Benedict of Crookston and their affiliated projects. This financial development work aims to advance the objectives of the Sisters and similar initiatives that contribute to their charitable endeavors. The foundation's activities are instrumental in furthering the Sisters' work and related projects.
Is Mount Saint Benedict Foundation legitimate?
Mount Saint Benedict Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Saint Benedict 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: $65,336
Professional Fundraising Fees: $0
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What is the mission statement of Mount Saint Benedict Foundation?
The Mount Saint Benedict Foundation's primary mission is to support the financial needs and objectives of the Sisters of St. Benedict and similar projects. This foundation aims to aid in furthering their work. The main objective of the foundation is to raise funds for the benefit of the Sisters of St. Benedict of Crookston and their affiliates. It plays a crucial role in assisting these organizations in achieving their goals.
Who is the CEO of Mount Saint Benedict Foundation?
Sister Myra Schmieg is the President of Mount Saint Benedict Foundation.
What is the revenue of Mount Saint Benedict Foundation?
Mount Saint Benedict Foundation's revenue in 2023 was $1,105,881.
Who are the executives of Mount Saint Benedict Foundation and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $57,662
- Other: $6,450
Where can I find the form 990 for Mount Saint Benedict Foundation?
Mount Saint Benedict Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mount Saint Benedict Foundation
Mount Saint Benedict Foundation is committed to supporting the financial needs and purposes of the Sisters of St. Benedict and similar projects aimed at aiding their work. The primary objective of this foundation is to raise funds for the benefit of the Sisters of St. Benedict of Crookston and their affiliates. By doing so, Mount Saint Benedict Foundation contributes to the furtherance of their causes, assisting in the fulfillment of their mission.
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Impact
October, 2024
Mount Saint Benedict Foundation significantly enhances the ability of the Sisters of St. Benedict to fulfill their mission through targeted financial development efforts. By raising funds, the foundation ensures that the religious community can continue its vital work and expand its initiatives. This support not only strengthens the Sisters' existing projects but also enables the exploration of new opportunities that align with their mission. The foundation plays a critical role in sustaining their efforts in Crookston, MN, impacting both the community and the broader initiatives the Sisters undertake. Through strategic fundraising, Mount Saint Benedict Foundation fosters philanthropy, which directly contributes to the well-being of those served by the Sisters and enhances their outreach efforts.
This information is meant to be a general summary of Mount Saint Benedict 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: $967,791
- Gross Receipts: $21,022,594
Assets and Liabilities:
- Total Assets: $432,561
- Total Liabilities: $98,612
- Net Assets: $333,949
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Organization Details
Founding Year
1995
Phone
(218) 281-1169Principal Officer
Sister Myra Schmieg
Main Address
620 SUMMIT AVENUE, CROOKSTON, MN, 56716
NTEE Category
Code: T99I - Philanthropy
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