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The Flip Saunders Legacy Fund

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

EIN: 475469026 ✦ Wayzata, MN ✦ Designated as a 501(c)(3)

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Overview

What is The Flip Saunders Legacy Fund?

The Flip Saunders Legacy Fund is a nonprofit organization, established in honor of the late basketball coach Flip Saunders. Its primary objective is to extend the positive influence of Saunders' life by offering assistance to deserving individuals or groups. To achieve this, the fund provides financial aid to youth in the area who encounter financial hardships, enabling them to participate in Timberwolves or Lynx basketball camps or clinics. This initiative aims to foster and nurture their passion for the sport, thereby contributing to their personal growth and development.

Is The Flip Saunders Legacy Fund legitimate?

The Flip Saunders Legacy Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Flip Saunders Legacy Fund 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.

What is the mission statement of The Flip Saunders Legacy Fund?

The Flip Saunders Legacy Fund was established with a mission to assist and support deserving individuals or groups, continuing the positive impact that was initiated in the past. The primary objective is to offer financial aid to youth from underprivileged backgrounds, enabling them to participate in Timberwolves or Lynx basketball camps or clinics. This initiative is aimed at providing these young individuals with valuable experiences and opportunities, fostering their growth and passion for the sport.

Who is the CEO of The Flip Saunders Legacy Fund?

Debbie Saunders is the Executive Director of The Flip Saunders Legacy Fund.

What is the revenue of The Flip Saunders Legacy Fund?

The Flip Saunders Legacy Fund's revenue in 2020 was $250.

Who are the executives of The Flip Saunders Legacy Fund and what are their salaries?


Here are 3 key members and their salaries:


Debbie Saunders (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Saunders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark M Termini (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Flip Saunders Legacy Fund?

The Flip Saunders Legacy Fund's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of The Flip Saunders Legacy Fund

The Flip Saunders Legacy Fund is a nonprofit organization established with the mission to honor the life and positive impact of the late Flip Saunders by providing aid and support to deserving individuals or groups. This philanthropic fund focuses on creating opportunities for youth from financially disadvantaged backgrounds, enabling them to attend Timberwolves or Lynx basketball camps or clinics. By offering these chances, the Flip Saunders Legacy Fund aims to continue the legacy of its namesake, fostering the love for basketball and providing valuable experiences to young individuals.

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Impact




October, 2024

The Flip Saunders Legacy Fund profoundly impacts the lives of deserving individuals and groups by creating opportunities for youth facing financial hardships. Through its initiatives, the fund enables these young individuals to attend Timberwolves or Lynx basketball camps and clinics, fostering both athletic development and personal growth. By honoring Flip Saunders' legacy, the fund not only nurtures talent but also instills values of teamwork, perseverance, and community involvement, contributing to a brighter future for the next generation.




This information is meant to be a general summary of The Flip Saunders Legacy Fund. 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
$250 (2020)
Expenses
$9,979 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $250

Assets and Liabilities:

  • Total Assets: $122,586
  • Total Liabilities: $0
  • Net Assets: $122,586

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Organization Details

Principal Officer

Debbie Saunders

Main Address

935 LAKE STREET E NO 406, WAYZATA, MN, 55391

NTEE Category

Code: T30 - Philanthropy

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