Overview
What is The Cag Foundation?
The Cag Foundation is a charitable organization situated in South St Paul, Minnesota. Established with a mission to aid local communities, the foundation hosts two annual fishing tournaments on renowned lakes, Lake Vermilion and Lake Mille Lacs. These events serve as a platform to generate funds, which are then allocated towards scholarships and sponsorships for youth sports programs. Since its inception, The Cag Foundation has contributed over $27,000 to local schools and youth organizations, thereby supporting their initiatives.
Is The Cag Foundation legitimate?
The Cag Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cag Foundation submitted a form 990EZ, 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 The Cag Foundation?
The Cag Foundation's mission is centered around organizing two annual fishing tournaments on renowned lakes in Minnesota, specifically Lake Vermilion and Lake Mille Lacs. The primary objective of these events is to raise funds, which are then allocated towards providing scholarships and sponsoring youth sports programs. Over the years, the foundation has extended financial assistance to various local schools and youth groups, amounting to approximately $27,000, to support their initiatives.
What is the revenue of The Cag Foundation?
The Cag Foundation's revenue in 2023 was $117,259.
Who are the executives of The Cag Foundation and what are their salaries?
There 50 volunteers at The Cag Foundation.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for The Cag Foundation?
The Cag Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Cag Foundation
The Cag Foundation, an esteemed organization, carries out a mission of significance by hosting two annual fishing tournaments on distinguished lakes in Minnesota, specifically Lake Vermilion and Lake Mille Lacs. The primary objective of these events is to raise funds, which are subsequently utilized for granting scholarships and sponsoring youth sports programs within local communities. Over the years, the foundation has generously contributed more than $27,000 to various schools and youth groups, thereby supporting their initiatives. In essence, The Cag Foundation serves as a beacon of support, fostering educational opportunities and promoting youth sports in the communities it serves.
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Impact
August, 2024
The Cag Foundation has a significant impact on local communities through its annual fishing tournaments on premier lakes in Minnesota. These events generate funds that are used to provide scholarships and sponsor youth sports programs. The foundation has already contributed over $27,000 to support local schools and youth groups in their programs. This demonstrates how The Cag Foundation is actively investing in the education and development of youth in the community.
This information is meant to be a general summary of The Cag 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: $380
- Gross Receipts: $213,888
Assets and Liabilities:
- Total Assets: $111,758
- Total Liabilities: $70,002
- Net Assets: $41,756
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Organization Details
Principal Officer
Dean Kilau
NTEE Category
Code: Z99 - Unknown
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