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The Wem 2000 Foundation

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

EIN: 411978254 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is The Wem 2000 Foundation?

The Wem 2000 Foundation is a charitable organization based in Minneapolis, Minnesota. Its primary mission is to support and aid in the fulfillment of charitable objectives of various public charities, such as the Dorsey & Whitney Foundation, located within Minnesota. By engaging in charitable activities and assisting in carrying out their purposes, The Wem 2000 Foundation aims to benefit these public charities and contribute to their collective efforts.

Is The Wem 2000 Foundation legitimate?

The Wem 2000 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wem 2000 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 The Wem 2000 Foundation?

The Wem 2000 Foundation's mission is to engage in and conduct charitable activities, perform functions, or assist in carrying out the charitable purposes of any public charity located in an unspecified region. This foundation primarily aids in fulfilling the charitable objectives of organizations such as the Dorsey & Whitney Foundation. The Wem 2000 Foundation does not have a specific mission statement of its own, but its activities are focused on supporting the charitable goals of other public charities.

In simpler terms, the Wem 2000 Foundation serves as a helper and facilitator for various public charities, aiding them in achieving their charitable objectives. It does not have a unique mission but rather focuses on assisting other charitable organizations in fulfilling their missions.

Who is the CEO of The Wem 2000 Foundation?

Heather A Dorsey is the Trustee of The Wem 2000 Foundation.

What is the revenue of The Wem 2000 Foundation?

The Wem 2000 Foundation's revenue in 2022 was $8,635,406.

Who are the executives of The Wem 2000 Foundation and what are their salaries?


Here are 3 key members and their salaries:


Sonny F Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth S Macmillan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Dorsey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Wem 2000 Foundation?

The Wem 2000 Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Wem 2000 Foundation

The Wem 2000 Foundation is committed to supporting the charitable endeavors of various public charities based in Minnesota. Its mission extends to performing functions, conducting charitable activities, and aiding in carrying out the charitable purposes of these organizations, with the Dorsey & Whitney Foundation being one of its primary focuses. In essence, the foundation acts as a partner, assisting these charities in achieving their philanthropic goals.

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Impact




October, 2024

The Wem 2000 Foundation significantly enhances philanthropic efforts in Minnesota by supporting the charitable purposes of various public charities, particularly the Dorsey & Whitney Foundation. Its impactful collaborations facilitate a range of charitable activities, addressing community needs and fostering positive change. Through its mission, the foundation plays a critical role in streamlining resources and efforts for public charities, effectively amplifying their reach and capabilities to serve the community. This support ultimately contributes to a stronger, more resilient network of organizations dedicated to various social causes within the state.




This information is meant to be a general summary of The Wem 2000 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
$8,635,406 (2022)
Expenses
$3,981,996 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,805,764
  • Gross Receipts: $8,674,517

Assets and Liabilities:

  • Total Assets: $98,764,539
  • Total Liabilities: $0
  • Net Assets: $98,764,539

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Organization Details

Founding Year

2000

Principal Officer

Heather A Dorsey

Main Address

PO BOX 5628, MINNEAPOLIS, MN, 554405628

NTEE Category

Code: T22 - Philanthropy

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