Overview
What is Results Foundation?
Results Foundation is a nonprofit organization situated in Eden Prairie, Minnesota. In collaboration with the University of Minnesota, they have established the Results Foundation - Bill Saunders Memorial Scholarship. This fund honors Bill Saunders, a co-founder of RE/MAX Results, and provides financial aid to academically talented students from urban communities who face significant financial hardships. Beyond scholarships, Results Foundation partners with local organizations to lay the groundwork for robust communities. Their mission is to strengthen communities by collaborating with local entities.
Official website here: www.resultsfoundation.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Results Foundation received an 83% rating from Charity Navigator, indicating a generally positive standing in terms of accountability and finance. The organization boasts a fully independent board, with all six members meeting the criteria for independence. They have maintained a high program expense ratio of 90.91%, reflecting a strong commitment to utilizing funds for their intended charitable purposes.
The organization has shown strength in various areas, including transparency with a listed website on their tax form and having appropriate policies in place for conflict of interest and board meeting minutes documentation. However, the foundation does have some notable limitations, particularly in the areas of whistleblower and document retention policies, both of which are missing and could improve their accountability framework.
While the overall financial health of Results Foundation appears solid, the absence of certain governance policies may raise concerns for potential donors who prioritize comprehensive accountability measures. Addressing these gaps could enhance their credibility and potentially improve their future ratings.
This AI summary has been generated from information found on Charity Navigator.
Is Results Foundation legitimate?
Results Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Results 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
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For more financial information, click here
Official website here: www.resultsfoundation.net
What is the mission statement of Results Foundation?
The Results Foundation collaborates with local organizations, serving as a catalyst for building strong communities. As an initiative, it has partnered with the University of Minnesota to establish the Results Foundation - Bill Saunders Memorial Scholarship. This fund honors the co-founder of RE/MAX Results, Bill Saunders, by providing grants and scholarships to academically gifted students from urban communities with significant financial needs. The foundation's mission is centered around supporting these students, fostering their education and future prospects.
Official website here: www.resultsfoundation.net
Who is the CEO of Results Foundation?
R John Collopy is the Board Chair of Results Foundation.
Official website here: www.resultsfoundation.net
What is the revenue of Results Foundation?
Results Foundation's revenue in 2022 was $151,164.
Official website here: www.resultsfoundation.net
Who are the executives of Results Foundation and what are their salaries?
There 105 volunteers at Results Foundation.
Here are 7 key members and their salaries:
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Official website here: www.resultsfoundation.net
Where can I find the form 990 for Results Foundation?
Results Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.resultsfoundation.net
Learn more at the official website: www.resultsfoundation.net
Mission Statement of Results Foundation
The Results Foundation, an organization dedicated to community development, collaborates with local entities to establish a robust foundation for strong communities. Their mission is multifaceted, focusing on partnering with various organizations to foster this development. In a distinctive move, Results Foundation has teamed up with the University of Minnesota to establish the Results Foundation - Bill Saunders Memorial Scholarship. This fund serves as a tribute to RE/MAX Results co-founder, Bill Saunders, by providing grants and scholarships for academically gifted students hailing from urban communities who are confronted with significant financial hardships. The scholarship program aims to support these talented individuals, thereby contributing to the betterment of their communities and the broader society.
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Impact
October, 2024
Results Foundation significantly impacts communities by collaborating with local organizations to strengthen their foundations. One of its key initiatives is the Bill Saunders Memorial Scholarship, established in partnership with the University of Minnesota. This scholarship honors Bill Saunders, the co-founder of RE/MAX Results, by providing grants and scholarships to academically gifted students from urban communities who face significant financial barriers. Through these efforts, Results Foundation not only supports education but also fosters the development of strong, resilient communities in Eden Prairie and beyond.
This information is meant to be a general summary of Results 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: $1,428
- Gross Receipts: $201,901
Assets and Liabilities:
- Total Assets: $604,956
- Total Liabilities: $123
- Net Assets: $604,833
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Organization Details
Founding Year
2014
Phone
(952) 829-2900Principal Officer
R John Collopy
Main Address
11200 W 78TH STREET, EDEN PRAIRIE, MN, 55344
Website
www.resultsfoundation.netNTEE Category
Code: T12 - Philanthropy
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