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Ida C Koran Foundation Inc Mgmt Agy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472539264 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Ida C Koran Foundation Inc Mgmt Agy?

Ida C Koran Foundation Inc Mgmt Agy is a charitable organization that offers financial assistance to the dependents of Ecolab associates. Their primary mission is to provide relief during times of hardship and offer educational support to these individuals. Additionally, the foundation extends its aid to established organizations during disasters, demonstrating a commitment to both personal and community well-being. With a focus on Ecolab employees and their families, this nonprofit aims to alleviate financial burdens and promote educational opportunities.

Is Ida C Koran Foundation Inc Mgmt Agy legitimate?

Ida C Koran Foundation Inc Mgmt Agy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ida C Koran Foundation Inc Mgmt Agy 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

What is the mission statement of Ida C Koran Foundation Inc Mgmt Agy?

The Ida C Koran Foundation Inc. Management Agency's mission is centered around providing aid during financial hardships, promoting education, and offering disaster relief assistance to associates of Ecolab. This is achieved by offering financial assistance to support the education of dependents of Ecolab associates and by granting funds to well-established organizations during times of disaster. In addition, the foundation provides financial aid in the event of other hardships faced by Ecolab associates.

What is the revenue of Ida C Koran Foundation Inc Mgmt Agy?

Ida C Koran Foundation Inc Mgmt Agy's revenue in 2023 was $89,917.

Who are the executives of Ida C Koran Foundation Inc Mgmt Agy and what are their salaries?

Here are 4 key members and their salaries:


Diana Lewis (President, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Bartley Osborn (Vice President, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas M Baker Jr (Treasurer, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Fritze (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ida C Koran Foundation Inc Mgmt Agy?

Ida C Koran Foundation Inc Mgmt Agy's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Ida C Koran Foundation Inc Mgmt Agy

Ida C Koran Foundation Inc Mgmt Agy is dedicated to offering financial assistance in three key areas: alleviating financial hardships, promoting education, and providing disaster relief aid. This nonprofit organization focuses its efforts on supporting the associates of Ecolab, a prominent business. In the realm of financial hardship, the foundation provides grants to assist with the education of dependents of Ecolab associates. This initiative aims to lighten the financial burden for these families, enabling them to focus on their studies and future prospects.

Moreover, Ida C Koran Foundation Inc Mgmt Agy extends its assistance beyond financial hardships. In times of disaster, the organization offers relief grants to well-established organizations. This commitment to disaster relief is a testament to its dedication to supporting communities in need, regardless of the cause of the hardship. By providing financial aid to both individuals and organizations, Ida C Koran Foundation Inc Mgmt Agy plays a significant role in uplifting its beneficiaries, offering them a pathway towards stability and recovery.

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Impact




October, 2024

Ida C Koran Foundation Inc Mgmt Agy plays a crucial role in supporting Ecolab associates by addressing their financial hardships, educational needs, and disaster relief concerns. By offering financial assistance to the dependents of employees, the foundation helps ease the burden of educational expenses, ensuring that families can invest in their children's futures despite economic challenges. Additionally, the foundation provides disaster relief grants to established organizations, amplifying its impact by contributing to wider community recovery efforts. This targeted assistance not only fosters resilience among Ecolab associates but also strengthens the overall well-being of the families and communities they belong to.




This information is meant to be a general summary of Ida C Koran Foundation Inc Mgmt Agy. 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.

Revenue
$89,917 (2023)
Expenses
$226,919 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $86,117
  • Gross Receipts: $1,174,021

Assets and Liabilities:

  • Total Assets: $2,856,886
  • Total Liabilities: $0
  • Net Assets: $2,856,886

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Organization Details

Founding Year

2015

NTEE Category

Code: P60 - Human services

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