Overview
What is Friendship House Endowment?
Friendship House Endowment is a nonprofit organization situated in Billings, Montana. Its primary role is to provide financial backing for the Friendship House, an establishment that promotes philanthropy, voluntarism, and grantmaking foundations as a unified entity. The endowment, led by Matt Lundgren, serves as a vital source of funding for this mission.
Is Friendship House Endowment legitimate?
Friendship House Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship House Endowment 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Friendship House Endowment?
The Friendship House Endowment, as an organization, is dedicated to providing funding for various philanthropic endeavors. Its mission is to support grantmaking foundations, volunteerism, and philanthropy as a united entity. The endowment aims to promote and foster these activities, serving as a facilitator for these sectors to collectively make a significant impact.
What is the revenue of Friendship House Endowment?
Friendship House Endowment's revenue in 2024 was $23,958.
Who are the executives of Friendship House Endowment and what are their salaries?
There 5 volunteers at Friendship House Endowment.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Friendship House Endowment?
Friendship House Endowment's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Friendship House Endowment
Friendship House Endowment serves a unique role in the realm of philanthropy and grantmaking. Its mission is to provide financial support to the Friendship House, an organization based in Billings, Montana. This endowment functions as a single entity that fosters philanthropy, voluntarism, and grantmaking foundations. Matt Lundgren oversees the operations of this endowment, ensuring its mission is carried out effectively. The primary goal of Friendship House Endowment is to bolster the Friendship House's capabilities, enabling it to continue its work in the community. By providing funding, the endowment enables the Friendship House to maintain its services and initiatives, ultimately contributing to the betterment of the community it serves.
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Impact
August, 2024
Friendship House Endowment's impact is significant in supporting philanthropy, voluntarism, and grantmaking foundations through its funding of the Friendship House in Billings, Montana. This support helps improve the lives of individuals and families in need within the community. The leadership of Matt Lundgren at the endowment ensures that resources are efficiently allocated to make a positive difference in Billings, MT, and contribute to the overall well-being of the region.
This information is meant to be a general summary of Friendship House Endowment. 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 2024.
- Investment Income: $8,831
- Gross Receipts: $32,500
Assets and Liabilities:
- Total Assets: $403,568
- Total Liabilities: $151,669
- Net Assets: $251,899
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Organization Details
Principal Officer
Matt Lundgren
NTEE Category
Code: T11 - Philanthropy
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