Overview
What is Montana Grizzly Scholarship Association?
The Montana Grizzly Scholarship Association (MGSA) is a nonprofit organization situated in Missoula, Montana. Their primary mission is to raise scholarship funds for student-athletes at the University of Montana (UM). The MGSA supports various athletic programs, including football, men's and women's basketball, track, and others, by offering scholarships to 250 student-athletes. Additionally, they assist the athletic department in various fundraising activities and promote interest in UM sports programs. By educating the general public and student-athletes about the financial needs of UM's athletic program, building community support, and providing private financial resources through development and fundraising programs, the MGSA aims to enhance the university experience for student-athletes and the community at large.
Official website here: www.montanagrizzlies.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Montana Grizzly Scholarship Association has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization’s overall score is based on a single beacon score, achieving a high 92%. This rating indicates that the association adheres to best practices in financial management and transparency, which is crucial for maintaining donor trust and support.
One of the standout features of the association is its governance structure, with an independent board that scores perfectly in size and majority independence. The organization has also demonstrated excellence by having no material diversion of assets, a comprehensive conflict of interest policy, and effective whistleblower protections. These elements contribute to a robust operational framework that supports its mission effectively.
Additionally, the Montana Grizzly Scholarship Association shows strong financial health through its impressive program expense ratio of 72.40% and an exceptionally low fundraising efficiency ratio. These metrics suggest that a significant portion of its funding is directed towards programs rather than administrative costs, reinforcing the effectiveness of the charity. Overall, the organization appears to be well-managed and dedicated to its cause, with no noted limitations in its operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Montana Grizzly Scholarship Association legitimate?
Montana Grizzly Scholarship Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana Grizzly Scholarship Association 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: $182,219
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,016
For more financial information, click here
Official website here: www.montanagrizzlies.com
What is the mission statement of Montana Grizzly Scholarship Association?
The Montana Grizzly Scholarship Association (MGSA) aims primarily to raise scholarship funds for student-athletes at the University of Montana (UM). Beyond this, the MGSA assists the athletic department in various fundraising activities and promotes interest in and awareness of all UM sports programs. The MGSA, guided by its board of directors, believes that a successful athletics program enhances the university experience for both student-athletes and non-student-athletes while fostering a strong alliance with the community and alumni. The organization strives to educate the general public and student-athletes about the fiscal needs of UM's athletic program, build community support, and provide the necessary private financial resources through development and fundraising programs to fund scholarships and other needs.
Official website here: www.montanagrizzlies.com
What is the revenue of Montana Grizzly Scholarship Association?
Montana Grizzly Scholarship Association's revenue in 2023 was $2,710,641.
Official website here: www.montanagrizzlies.com
Who are the executives of Montana Grizzly Scholarship Association and what are their salaries?
There 75 volunteers at Montana Grizzly Scholarship Association.
Here are 21 key members and their salaries:
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- Other: $12,512
Official website here: www.montanagrizzlies.com
Where can I find the form 990 for Montana Grizzly Scholarship Association?
Montana Grizzly Scholarship Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.montanagrizzlies.com
Learn more at the official website: www.montanagrizzlies.com
Mission Statement of Montana Grizzly Scholarship Association
The Montana Grizzly Scholarship Association, often abbreviated as MGSA, is dedicated to supporting the University of Montana's athletic programs. Their primary objective is to raise scholarship funds for student-athletes at the university. Beyond this, the MGSA actively engages in various fundraising activities and promotes interest in and awareness of all sports programs at the University of Montana. The organization believes that a successful athletics program enhances the university experience for both student-athletes and non-student-athletes, while also fostering a strong alliance with the community and alumni. The MGSA works towards achieving these objectives by educating the general public and student-athletes about the financial needs of the University of Montana's athletic program, building community support, and providing private financial resources through development and fundraising programs. This enables the association to fund scholarships and other necessary expenses.
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Impact
July, 2024
The Montana Grizzly Scholarship Association has a significant impact on the University of Montana's athletic programs by providing scholarships for 250 student-athletes in various sports such as football, men's and women's basketball, track, and more. Additionally, the association actively promotes interest in and awareness of all UM sports programs, enhancing the overall university experience for student-athletes and building a strong alliance with the community and alumni. Their mission focuses on raising scholarship funds, assisting with fundraising activities, and educating the public on the fiscal needs of UM athletics, ultimately ensuring the financial resources necessary to support student-athletes and the athletic department.
This information is meant to be a general summary of Montana Grizzly Scholarship Association. 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 2023.
- Investment Income: $834
- Program Service Revenue: $393,550
- Gross Receipts: $2,912,266
Assets and Liabilities:
- Total Assets: $5,323,542
- Total Liabilities: $1,755,548
- Net Assets: $3,567,994
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GSA MEMBERSHIP DUES
Revenue
$393,550
Organization Details
Founding Year
1984
Principal Officer
Greg Sundberg
Website
www.montanagrizzlies.comNTEE Category
Code: B82 - Education
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