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Swedish Council Of America Foundation

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

EIN: 411940700 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Swedish Council Of America Foundation?

The Swedish Council of America Foundation is a nonprofit organization situated in Minneapolis, Minnesota. Its primary purpose is to manage endowment funds, which it distributes in support of Swedish America, Gustavus, and the Swedish Council of America. The foundation promotes knowledge and understanding of the Swedish heritage in American life, aligning with the mission and priorities of the Swedish Council of America. The foundation manages its grants program, ensuring funding allocation to these entities. In 2020, the foundation dissolved and distributed its remaining assets.

Is Swedish Council Of America Foundation legitimate?

Swedish Council Of America Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swedish Council Of America 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

What is the mission statement of Swedish Council Of America Foundation?

The Swedish Council of America Foundation's mission is centered around promoting understanding of the Swedish heritage in American life. To accomplish this, the foundation supports the mission, vision, and priorities of the Swedish Council of America through the management of endowment funds. The primary goal of the foundation was to manage these funds for distribution, primarily to benefit Swedish America, Gustavus, and the Swedish Council of America. In 2020, the foundation dissolved and distributed its remaining assets.

Who is the CEO of Swedish Council Of America Foundation?

Charles Nystrom is the Chair of Swedish Council Of America Foundation.

What is the revenue of Swedish Council Of America Foundation?

Swedish Council Of America Foundation's revenue in 2020 was $2,243.

Who are the executives of Swedish Council Of America Foundation and what are their salaries?

There 6 volunteers at Swedish Council Of America Foundation.


Here are 6 key members and their salaries:


Suzanne Ahlstrand (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra S Pfaff (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Nystrom (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hasselberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Brynteson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce R Larson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Swedish Council Of America Foundation?

Swedish Council Of America Foundation's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Swedish Council Of America Foundation

The Swedish Council of America Foundation's mission was centered around promoting an understanding and appreciation of the Swedish heritage in American life. To accomplish this, the foundation aimed to support the mission, vision, and priorities of the Swedish Council of America through the management of endowment funds. The foundation's sole purpose was to manage these funds for distribution, with the Swedish Council of America overseeing the grants program. The distribution of funds was calculated to provide support to Swedish America, Gustavus, and the Swedish Council of America itself. In the year 2020, the Swedish Council of America Foundation dissolved and distributed its remaining assets.

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Impact




October, 2024

The Swedish Council of America Foundation has significantly contributed to the promotion of knowledge and understanding of Swedish heritage within American life. By managing endowment funds, the foundation was instrumental in supporting initiatives that highlighted and preserved the cultural legacy of Swedish Americans.

Through its grants program, the foundation provided essential financial resources to various organizations and projects, including support for educational programs and cultural events. This financial backing not only bolstered the appreciation for Swedish arts and traditions but also fostered a sense of community among those connected to Swedish heritage.

In 2020, the foundation dissolved and distributed its remaining assets, aligning with its mission to ensure that the knowledge and values of Swedish culture continue to thrive in American society. This legacy is reflected in the ongoing work of the Swedish Council of America and various partnerships that continue to engage and inspire new generations to embrace their Swedish roots.




This information is meant to be a general summary of Swedish Council Of America 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
$2,243 (2020)
Expenses
$768,266 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $2,243
  • Gross Receipts: $2,243

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1998

Principal Officer

Charles Nystrom

Main Address

3030 WEST RIVER PARKWAY, MINNEAPOLIS, MN, 55406

NTEE Category

Code: A230 - Arts

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