Overview
What is Montana State University-Northern Foundation?
Montana State University-Northern Foundation is a nonprofit organization based in Havre, Montana. Situated at PO Box 1691, this organization primarily focuses on raising funds to support Montana State University Northern. One of its significant initiatives is providing scholarships for students at the university, thereby contributing to their educational journey. With a modest workforce of five individuals, the foundation plays a crucial role in enhancing opportunities for students in Montana State University Northern.
Official website here: www.msunfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Montana State University-Northern Foundation has achieved a remarkable 100% rating from Charity Navigator, reflecting its outstanding accountability and financial management. This high score is derived solely from its Accountability & Finance metrics, where it demonstrates full compliance and transparency in its operations.
The foundation excels in maintaining an independent board, with 100% of its members being independent, which enhances its governance and decision-making processes. Additionally, it has no reported material diversion of assets, ensuring that funds are utilized effectively towards its mission. The foundation also demonstrates strong financial health, with an impressive program expense ratio of 82.49%, indicating that a significant portion of its resources is directed towards its programs.
While the data reflects a strong operational foundation, it is important to note that the evaluation is based solely on financial metrics. Prospective donors and stakeholders may want to explore the foundation's specific programs and impact for a more comprehensive view of its contributions to the community. Overall, the Montana State University-Northern Foundation stands out for its financial integrity and commitment to transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Montana State University-Northern Foundation legitimate?
Montana State University-Northern Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana State University-Northern 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: $138,473
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,236
For more financial information, click here
Official website here: www.msunfoundation.org
What is the mission statement of Montana State University-Northern Foundation?
The Montana State University-Northern Foundation's mission is centered around providing support for Montana State University Northern. This support is primarily achieved through fundraising activities. One of their significant contributions is the provision of scholarships for students attending the university. The foundation's role is to enhance the educational opportunities for students, thereby contributing to their overall growth and development.
Official website here: www.msunfoundation.org
Who is the CEO of Montana State University-Northern Foundation?
Al Garver is the Executive Di of Montana State University-Northern Foundation.
Official website here: www.msunfoundation.org
What is the revenue of Montana State University-Northern Foundation?
Montana State University-Northern Foundation's revenue in 2022 was $3,042,811.
Official website here: www.msunfoundation.org
Who are the executives of Montana State University-Northern Foundation and what are their salaries?
The average compensation at Montana State University-Northern Foundation during 2022 was $40,342. There are 5 employees and 20 volunteers at Montana State University-Northern Foundation.
Here are 18 key members and their salaries:
- Compensation: $79,456
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- Other: $13,248
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Official website here: www.msunfoundation.org
Where can I find the form 990 for Montana State University-Northern Foundation?
Montana State University-Northern Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.msunfoundation.org
Learn more at the official website: www.msunfoundation.org
Mission Statement of Montana State University-Northern Foundation
Montana State University-Northern Foundation, in its mission, is dedicated to supporting Montana State University Northern. This is achieved primarily through fundraising efforts. The organization's primary activity is providing scholarships to students at MSU-Northern, helping to ensure that deserving individuals have the opportunity to pursue their higher education. By offering financial aid, Montana State University-Northern Foundation plays a vital role in supporting the academic journey of its students.
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Impact
July, 2024
Montana State University-Northern Foundation's impact is significant as it provides crucial support for Montana State University Northern through fundraising efforts. One key aspect of their work is providing scholarships for students at MSU-Northern, which helps alleviate financial barriers to education and ensures that deserving students have the opportunity to pursue their academic goals. By facilitating the availability of scholarships, the foundation contributes to the growth and success of the university community and helps cultivate future leaders in various fields. Through their mission of fundraising and support, the foundation plays a vital role in advancing education and creating opportunities for students in Havre, Montana, and beyond.
This information is meant to be a general summary of Montana State University-Northern 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: -$1,157,310
- Gross Receipts: $3,042,811
Assets and Liabilities:
- Total Assets: $15,592,257
- Total Liabilities: $1,943,494
- Net Assets: $13,648,763
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Organization Details
Founding Year
1977
Phone
(406) 265-3711Principal Officer
Al Garver
Main Address
PO BOX 1691, HAVRE, MT, 59501
Website
www.msunfoundation.orgIf you are a representative of Montana State University-Northern Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.