Moraine Park Foundation Inc

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

EIN: 510188166 ✦ Fond du lac, WI ✦ Designated as a 501(c)(3)

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Overview

What is Moraine Park Foundation Inc?

Moraine Park Foundation Inc, established in 1976, is a nonprofit organization located in Fond du Lac, Wisconsin. The primary mission of this organization is to make higher education more accessible and affordable for students attending Moraine Park Technical College. To achieve this goal, they provide scholarships and emergency grants, totaling $322,458 in the 2021-22 academic year. These financial aids help students who may lack the means to pay for college and alleviate the burden of student loans. Additionally, the foundation offers emergency financial assistance to prevent students from dropping out due to unforeseen financial crises. The Moraine Park Foundation further partners with various donors, including alumni, corporations, foundations, community organizations, faculty, and staff, to fulfill its mission and enhance learning experiences through academic program support. The ultimate aim is for students to meet the talent needs of businesses and industries within Moraine Park's district.


Official website here: www.morainepark.edu/foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Moraine Park Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability, finance, and impact measurement. With a high overall score of 96%, the organization demonstrates solid financial health, indicated by a program expense ratio of 91.25% and a perfect score in impact evaluation, showcasing the effectiveness of its programs.

The foundation boasts a robust governance structure, evidenced by its 100% independent board members and comprehensive policies on conflict of interest and whistleblower protection. This commitment to transparency and accountability further enhances its credibility among donors and the community it serves.

While the organization excels in these areas, potential limitations are not noted in the available data. Overall, Moraine Park Foundation Inc stands out for its financial integrity and impactful scholarship programs, making it a trustworthy choice for those looking to support educational initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Moraine Park Foundation Inc legitimate?

Moraine Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moraine Park 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.morainepark.edu/foundation

What is the mission statement of Moraine Park Foundation Inc?

The Moraine Park Foundation Inc, established in 1976, works in collaboration with donors to make education more affordable for students through scholarship assistance. The foundation also provides emergency financial aid to help students stay enrolled, ensuring their retention. Furthermore, the foundation supports academic programs to enhance learning experiences for students. By doing so, the students are able to fulfill the talent needs of businesses and industries within the district. The Moraine Park Foundation's partners include alumni, corporations, foundations, community organizations, Moraine Park faculty and staff, and other friends of the college.


Official website here: www.morainepark.edu/foundation

Who is the CEO of Moraine Park Foundation Inc?

Jason Hendricks is the President of Moraine Park Foundation Inc.


Official website here: www.morainepark.edu/foundation

What is the revenue of Moraine Park Foundation Inc?

Moraine Park Foundation Inc's revenue in 2022 was $2,522,582.


Official website here: www.morainepark.edu/foundation

Who are the executives of Moraine Park Foundation Inc and what are their salaries?

There 11 volunteers at Moraine Park Foundation Inc.


Here are 12 key members and their salaries:


Jim Flood (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Hendricks (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Gurholt (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Baldus (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Breth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Kitchen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Korth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Staral (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John St Peter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Weinberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Zieman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Bourland (Executive Director)
  • Compensation: $0
  • Related: $97,864
  • Other: $15,042


Official website here: www.morainepark.edu/foundation

Where can I find the form 990 for Moraine Park Foundation Inc?

Moraine Park Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.morainepark.edu/foundation

Learn more at the official website: www.morainepark.edu/foundation

Mission Statement of Moraine Park Foundation Inc

Moraine Park Foundation, established in 1976, is a dedicated organization that partners with various donors to make higher education more accessible for students at Moraine Park. The primary mission of this nonprofit is threefold. Firstly, it aims to provide scholarship assistance to students, helping them overcome financial barriers and pursue their academic goals. Secondly, Moraine Park Foundation offers emergency financial aid to ensure student retention, ensuring that financial hardships do not deter students from continuing their education. Lastly, the foundation supports academic programs at Moraine Park, enhancing the overall learning experience for its students. By fulfilling these objectives, Moraine Park Foundation contributes to the development of a skilled workforce that meets the talent needs of businesses and industries within its district. The organization's partners include alumni, corporations, foundations, community organizations, Moraine Park faculty and staff, and other supporters of the college.

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Impact




July, 2024

Moraine Park Foundation Inc's impact is centered around making education accessible and affordable for Moraine Park students. In the 2021-22 academic year, the foundation awarded $322,458 in student scholarships and emergency grants. These scholarships not only help students afford college, but also reduce the burden of student loan debt. Additionally, the foundation provided emergency financial assistance to prevent students from dropping out due to unforeseen financial emergencies. This support plays a crucial role in student retention and ultimately helps fulfill the talent needs of businesses and industry in Moraine Park's district. Through partnerships with donors, alumni, corporations, foundations, community organizations, faculty, staff, and other supporters, the foundation enhances learning experiences and ensures that students can successfully pursue their academic goals.




This information is meant to be a general summary of Moraine Park 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.

Revenue
$2,522,582 (2022)
Expenses
$446,791 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $294,767
  • Gross Receipts: $3,075,069

Assets and Liabilities:

  • Total Assets: $5,792,194
  • Total Liabilities: $16,625
  • Net Assets: $5,775,569

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Organization Details

Founding Year

1976

Principal Officer

Jason Hendricks

Main Address

235 N NATIONAL AVENUE, FOND DU LAC, WI, 54936

NTEE Category

Code: B82 - Education

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