Overview
What is Sheyenne Valley Community Foundation?
Sheyenne Valley Community Foundation is a community-driven trust, situated in Valley City, North Dakota. It serves as a hub for over 400 charitable funds, established through public contributions. The foundation's activities are primarily focused on four key areas: Community Building, Basic Human Needs, Art, and Education, with Education receiving the highest allocation at 60.3%. The funding for these programs comes from various types of funds like Donor Advised, Designated, Field of Interest, Agency, Scholarship, and Unrestricted. The foundation receives endowment gifts and grants, which it then distributes in accordance with the terms of each grant, benefiting citizens, cities, and communities across North Dakota. The Sheyenne Valley Community Foundation is committed to its mission, which is to receive, manage, and distribute gifts for charitable, religious, educational, scientific, or literary purposes within Barnes, Ransom, and Griggs Counties of North Dakota.
Official website here: www.valleycitynd.com/svcf
Is Sheyenne Valley Community Foundation legitimate?
Sheyenne Valley Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheyenne Valley Community 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: $51,230
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.valleycitynd.com/svcf
What is the mission statement of Sheyenne Valley Community Foundation?
The Sheyenne Valley Community Foundation is established with a mission to collect, manage, and distribute charitable funds for purposes such as religion, education, science, literature, and community development. Operating within Banes, Ransom, and Grigs Counties of North Dakota, the foundation administers over 400 charitable funds, generated by public contributions. The grants and scholarships funded by these funds primarily focus on areas like community building, basic human needs, art, and education, with the latter accounting for the majority. The foundation receives endowment gifts and grants, which it then distributes in accordance with the terms of the endowment, benefiting various public and charitable organizations and individuals in North Dakota.
Official website here: www.valleycitynd.com/svcf
Who is the CEO of Sheyenne Valley Community Foundation?
Josh Lagein is the President of Sheyenne Valley Community Foundation.
Official website here: www.valleycitynd.com/svcf
What is the revenue of Sheyenne Valley Community Foundation?
Sheyenne Valley Community Foundation's revenue in 2022 was $299,938.
Official website here: www.valleycitynd.com/svcf
Who are the executives of Sheyenne Valley Community Foundation and what are their salaries?
The average compensation at Sheyenne Valley Community Foundation during 2022 was $51,230. There is 1 employee and 10 volunteers at Sheyenne Valley Community Foundation.
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- Compensation: $65,484
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Official website here: www.valleycitynd.com/svcf
Where can I find the form 990 for Sheyenne Valley Community Foundation?
Sheyenne Valley Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.valleycitynd.com/svcf
Learn more at the official website: www.valleycitynd.com/svcf
Mission Statement of Sheyenne Valley Community Foundation
Sheyenne Valley Community Foundation, as an organized and operated entity, is dedicated to receiving, managing, and distributing charitable gifts for various purposes within Banks, Ransom, and Grigs Counties in North Dakota. Its mission, in simpler terms, is to act as a community trust, channeling contributions from the public to support charitable, religious, educational, scientific, or literary causes within its designated regions. The Foundation manages over 400 charitable funds, which are utilized to award grants and scholarships in various sectors, including community building, basic human needs, art, and education. The grants are sourced from different types of funds, such as Donor Advised, Designated, Field of Interest, Agency, Scholarship, and Unrestricted, demonstrating its comprehensive approach to charitable giving within the specified counties.
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Impact
October, 2024
The Sheyenne Valley Community Foundation plays a vital role in enhancing the well-being of Banes, Ransom, and Griggs Counties in North Dakota by managing and distributing a diverse array of funds for charitable purposes. With over 400 charitable funds, the Foundation supports various initiatives that significantly impact the community.
A substantial portion of grants (60.3%) focuses on education, empowering local learners and institutions. Basic human needs receive 16.7% of the grants, ensuring that essential services are accessible to those in need. Community building initiatives are bolstered with 20.9% of the funding, fostering connections and growth within the community. Additionally, 2.7% is dedicated to the arts, enriching the cultural landscape of the region.
The Foundation's diverse funding sources include donor-advised funds, designated funds, scholarships, and unrestricted gifts. This structure allows for flexibility and responsiveness to the community’s evolving needs. By granting awards to public and charitable organizations as well as individuals, the Sheyenne Valley Community Foundation significantly contributes to the overall quality of life, supports sustainable community development, and nurtures the spirit of philanthropy in the region.
This information is meant to be a general summary of Sheyenne Valley Community 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: $44,385
- Gross Receipts: $299,938
Assets and Liabilities:
- Total Assets: $1,056,243
- Total Liabilities: $415,353
- Net Assets: $640,890
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Organization Details
Founding Year
2013
Phone
(701) 490-3889Principal Officer
Josh Lagein
Main Address
250 West Main Street, Valley City, ND, 58072
Website
www.valleycitynd.com/svcfNTEE Category
Code: T31 - Philanthropy
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