Overview
What is Northwest North Dakota Community Foundation Inc?
Northwest North Dakota Community Foundation Inc is a charitable organization based in the counties of Divide, McKenzie, and Williams, Northwest North Dakota. Established to enhance the quality of life for local citizens, the foundation primarily functions as a non-operating volunteer organization, dedicated to receiving, managing, and distributing donations for various charitable purposes. One of its significant initiatives is the Grayson Mill (formerly Equinor) Fund, which offers fellowships for STEM teachers in the region. These fellowships provide resources to support their professional development and improve STEM education within the school community. The foundation also supports first responders and other civic-minded organizations in the local area when needed. Overall, Northwest North Dakota Community Foundation Inc promotes philanthropy and seeks to make a positive impact on the community through charitable giving.
Official website here: www.nwndcommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Northwest North Dakota Community Foundation Inc has received a Two-Star rating from Charity Navigator, indicating the organization has areas that require improvement. While it excels in accountability and finance with a perfect score of 100%, concerns arise from the absence of critical financial statements and policies, which significantly impacts its overall score.
Strengths highlighted include a fully independent board, with 100% of members meeting independence criteria, and strong financial management reflected in a program expense ratio of 99.22%. This suggests a commitment to maximizing funds for its programs, which is a positive aspect for potential donors. However, the lack of a whistleblower policy and missing financial documents on its website could raise questions about transparency and governance.
Overall, while the organization showcases strong fiscal responsibility and a dedicated board, the missing policies and financial documentation may limit trust among stakeholders. Enhancements in these areas could lead to better ratings and greater community confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest North Dakota Community Foundation Inc legitimate?
Northwest North Dakota Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest North Dakota Community Foundation Inc 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: $3,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nwndcommunityfoundation.org
What is the mission statement of Northwest North Dakota Community Foundation Inc?
The Northwest North Dakota Community Foundation Inc is dedicated to enhancing the lives of its citizens through charitable giving and fostering philanthropy. Established as a non-operating volunteer organization, its primary role is to receive, manage, and distribute funds for charitable purposes, as directed by its board. The foundation operates exclusively for religious, charitable, scientific, and educational purposes, and its area of influence spans the counties of Divide, McKenzie, and Williams in Northwest North Dakota. Its mission is to improve the community's quality of life by utilizing donations towards various charitable activities within its territory.
Official website here: www.nwndcommunityfoundation.org
Who is the CEO of Northwest North Dakota Community Foundation Inc?
E Ward Koeser is the President of Northwest North Dakota Community Foundation Inc.
Official website here: www.nwndcommunityfoundation.org
What is the revenue of Northwest North Dakota Community Foundation Inc?
Northwest North Dakota Community Foundation Inc's revenue in 2022 was $1,859,731.
Official website here: www.nwndcommunityfoundation.org
Who are the executives of Northwest North Dakota Community Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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- Compensation: $3,000
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Official website here: www.nwndcommunityfoundation.org
Where can I find the form 990 for Northwest North Dakota Community Foundation Inc?
Northwest North Dakota Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwndcommunityfoundation.org
Learn more at the official website: www.nwndcommunityfoundation.org
Mission Statement of Northwest North Dakota Community Foundation Inc
Northwest North Dakota Community Foundation Inc is a non-operating volunteer organization with a mission to enhance the quality of life for the citizens residing in the counties of Divide, McKenzie, and Williams in Northwest North Dakota. This nonprofit is dedicated to promoting philanthropy and charitable giving, operating under religious, charitable, scientific, and educational purposes. The foundation receives, manages, and distributes gifts aimed at various charitable initiatives, as directed by its board of directors. Its primary objective is to improve the lives of the people within its territorial boundaries, using the funds generously donated for this purpose.
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Impact
July, 2024
Northwest North Dakota Community Foundation Inc has a significant impact on improving the quality of life for the citizens within Northwest North Dakota through charitable giving and promoting philanthropy. The foundation plays a vital role in providing support to STEM teachers in the area through the Grayson Mill (formerly Equinor) Fund, offering grants for professional development and enhancing STEM education for students, educators, and school communities. Additionally, the Equinor Fund provides essential grants to first responders and civic-minded organizations in the local area as needed. By facilitating these initiatives, the foundation contributes to creating a more prosperous and sustainable community in Williston, ND, and the surrounding counties.
This information is meant to be a general summary of Northwest North Dakota Community Foundation Inc. 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: $16,245
- Program Service Revenue: $68,265
- Gross Receipts: $1,916,245
Assets and Liabilities:
- Total Assets: $933,382
- Total Liabilities: $2,835
- Net Assets: $930,547
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUND FEES
Revenue
$68,265
Organization Details
Founding Year
2015
Phone
(701) 774-6923Principal Officer
E Ward Koeser
Main Address
P O BOX 371, WILLISTON, ND, 588020371
NTEE Category
Code: T30 - Philanthropy
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