Overview
What is American Legion Foundation Of Mo?
The American Legion Foundation of Missouri is a nonprofit organization, specifically established for charitable and educational purposes. It primarily functions to receive and manage donations, gifts, and bequests intended for The American Legion Department of Missouri Inc. Additionally, the foundation administers trusts and endowment funds created to benefit the aforementioned department when requested to do so. The primary mission of the American Legion Foundation of Missouri is to provide scholarships for the Department of Missouri Inc. The foundation is headquartered in Jefferson City, Missouri, with its address being 3341 American Avenue.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The American Legion Foundation of Missouri has received a solid Three-Star rating, reflecting its commitment to accountability and finance. This rating is derived solely from its accountability and finance score of 79%, indicating a strong performance in these areas. The organization has demonstrated excellent practices, such as having a fully independent board and no material diversion of assets, which contribute to its favorable standing.
Strengths highlighted include a fully independent board with nine members, effective conflict of interest policies, and comprehensive documentation of board meeting minutes. Additionally, the foundation maintains a strong liabilities-to-assets ratio of 0.00%, signifying sound financial health. A program expense ratio of 69.15% indicates a significant portion of its resources is directed towards its charitable programs.
While the organization shows robust accountability and financial management, the overall score suggests there might be opportunities for improvement in other areas not covered by the current rating. However, the strong emphasis on governance and financial stability positions the American Legion Foundation of Missouri as a reliable choice for donors interested in supporting veteran-related initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is American Legion Foundation Of Mo legitimate?
American Legion Foundation Of Mo is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Legion Foundation Of Mo 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
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What is the mission statement of American Legion Foundation Of Mo?
The American Legion Foundation of Missouri is established with the primary purpose of managing charitable and educational donations, gifts, and bequests. These funds are primarily from various sources, including those given in the name of The American Legion Department of Missouri, when forwarded by the Missouri Department Executive Committee. The foundation also administers any trusts and endowment funds created for the benefit of The American Legion Department of Missouri, upon request by the DEC. In essence, the mission of the American Legion Foundation of Missouri is to support and aid The American Legion Department of Missouri through the management and allocation of charitable and educational funds.
Who is the CEO of American Legion Foundation Of Mo?
Robert P Kurth is the Treasurer of American Legion Foundation Of Mo.
What is the revenue of American Legion Foundation Of Mo?
American Legion Foundation Of Mo's revenue in 2023 was $75,206.
Who are the executives of American Legion Foundation Of Mo and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for American Legion Foundation Of Mo?
American Legion Foundation Of Mo's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of American Legion Foundation Of Mo
The American Legion Foundation of Missouri is a nonprofit organization with a mission to serve a charitable and educational purpose. It receives and manages donations, gifts, and bequests from various sources, with a particular focus on those given in the name of The American Legion Department of Missouri. Moreover, the foundation is tasked with administering any trusts and endowment funds created to benefit The American Legion Department of Missouri, upon request from the Missouri Department Executive Committee. This organization plays a crucial role in supporting the work of The American Legion Department of Missouri by utilizing the donated funds effectively.
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Impact
August, 2024
The American Legion Foundation Of Mo's impact is primarily focused on providing funds to the American Legion Department of Missouri Inc. to offer scholarships. This support enables deserving individuals to pursue their educational goals and ultimately contribute to the betterment of their communities and society as a whole. Through its charitable and educational initiatives, the foundation plays a crucial role in empowering individuals to access academic opportunities that may otherwise be out of reach.
This information is meant to be a general summary of American Legion Foundation Of Mo. 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: $37,814
- Gross Receipts: $102,520
Assets and Liabilities:
- Total Assets: $1,124,347
- Total Liabilities: $0
- Net Assets: $1,124,347
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Organization Details
Founding Year
1997
Phone
(800) 846-9023Principal Officer
Robert P Kurth
Main Address
3341 AMERICAN AVENUE, JEFFERSON CITY, MO, 651020179
NTEE Category
Code: B99Z - Education
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