Overview
What is Mayflower Church Foundation?
The Mayflower Church Foundation is a charitable organization situated in Minneapolis, Minnesota, with an address at 106 E Diamond Lake Road, 55419. Its primary mission is to support the endeavors of Mayflower Community Church, particularly in the field of social justice advocacy. This includes funding for speakers and trips aimed at global assistance. Additionally, grants are provided to church members for the acquisition of development tools, encouraging participation in the Beacon Ministries. In essence, the Mayflower Church Foundation's purpose is to contribute financially to the mission work of the Mayflower Community Church.
Official website here: www.mayflowermpls.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
Mayflower Church Foundation has received a Three-Star rating with an overall score of 76%, which indicates a solid level of accountability and finance management. The score is derived exclusively from its Accountability & Finance performance. The organization has demonstrated strong governance practices, including a fully independent board consisting of six members and no material diversion of assets, reflecting its commitment to transparency and ethical management.
The foundation excels in its program expense ratio, with an impressive 95.85%, suggesting that a significant portion of its resources is directed towards its programs and initiatives. Additionally, its website is properly listed on its tax form, and it maintains comprehensive documentation of board meeting minutes. However, there are some areas for improvement, notably the absence of a conflict of interest policy, whistleblower policy, and document retention protocols, which are essential for robust governance.
Overall, while Mayflower Church Foundation shows strong financial accountability and a high commitment to program expenses, addressing the missing governance policies would enhance its operational integrity. This rating reflects the organization's responsible financial practices, making it a commendable choice for potential donors looking for transparency and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Mayflower Church Foundation legitimate?
Mayflower Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mayflower Church 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.mayflowermpls.org
What is the mission statement of Mayflower Church Foundation?
The Mayflower Church Foundation's mission is centered around providing financial support for the mission work of Mayflower Community Church. This includes initiatives focused on social justice advocacy, as seen in their commitment to speakers and global support trips. Furthermore, the foundation extends grants to church members for the acquisition of development tools, aiming to stimulate participation in various Beacon Ministries.
Official website here: www.mayflowermpls.org
Who is the CEO of Mayflower Church Foundation?
Richard Sellers is the President of Mayflower Church Foundation.
Official website here: www.mayflowermpls.org
What is the revenue of Mayflower Church Foundation?
Mayflower Church Foundation's revenue in 2022 was $33,656.
Official website here: www.mayflowermpls.org
Who are the executives of Mayflower Church Foundation and what are their salaries?
There 6 volunteers at Mayflower Church Foundation.
Here are 6 key members and their salaries:
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Official website here: www.mayflowermpls.org
Where can I find the form 990 for Mayflower Church Foundation?
Mayflower Church Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mayflowermpls.org
Learn more at the official website: www.mayflowermpls.org
Mission Statement of Mayflower Church Foundation
The Mayflower Church Foundation is committed to supporting the mission work of Mayflower Community Church. Specifically, it focuses on social justice advocacy and global support, as part of its Justice Initiative. This pledge aims to align with Mayflower's mission and vision, providing financial assistance in these areas. Furthermore, the foundation offers grants to church members for the development of tools that encourage participation in Beacon Ministries. By providing funds for these initiatives, the Mayflower Church Foundation plays a significant role in advancing the mission and impact of Mayflower Community Church.
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Impact
October, 2024
The Mayflower Church Foundation significantly impacts the community by providing essential funding for the mission work of Mayflower Community Church. Through its support of the Justice Initiative, it fosters social justice advocacy by enabling speakers to promote awareness and engagement in critical issues. In addition, the foundation facilitates global support trips that connect community members with broader social justice efforts worldwide.
Moreover, it grants resources to Mayflower Church members, equipping them with development tools to enhance participation in Beacon Ministries. This commitment not only empowers individuals but also strengthens the church's outreach, fostering a culture of active involvement in efforts that promote justice and community well-being in Minneapolis and beyond.
This information is meant to be a general summary of Mayflower Church 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 2022.
- Investment Income: $25,990
- Gross Receipts: $50,226
Assets and Liabilities:
- Total Assets: $1,038,561
- Total Liabilities: $0
- Net Assets: $1,038,561
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Organization Details
Founding Year
1961
Phone
(612) 824-0761Principal Officer
Richard Sellers
Main Address
106 E DIAMOND LAKE ROAD, MINNEAPOLIS, MN, 55419
Website
www.mayflowermpls.orgNTEE Category
Code: X20I - Religion related
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