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St Raphael Faith And Legacy Foundation

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

EIN: 811567815 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is St Raphael Faith And Legacy Foundation?

St. Raphael Faith and Legacy Foundation is a nonprofit organization situated in Minneapolis, Minnesota, with the address 7301 Bass Lake Road, 55428. Its primary mission is to fundraise for designated ministries, including the maintenance of St. Raphael Church and its school properties, supporting the church's educational programs, a church scholarship program, and various other ministries. The foundation's purpose is to receive and distribute real or personal property, such as money, grants, or bequests, with the objective of furthering the work of St. Raphael Church and its affiliated school.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Star rating)

The St Raphael Faith And Legacy Foundation has earned a solid Three-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a score of 87% in this category, the organization demonstrates effective governance and operational practices, ensuring donors can trust how their contributions are managed.

One of the organization's key strengths is its fully independent board, with 100% of members meeting this criteria. Additionally, there is no reported diversion of assets, and the foundation has established policies regarding conflict of interest and document retention, which further enhance its transparency and accountability. The foundation also maintains a remarkable program expense ratio of 98.61%, indicating that a significant portion of its expenditures directly supports its programs.

While the foundation scores well overall, the rating is based solely on the Accountability & Finance beacon, which means there may be limited insight into other operational aspects such as programmatic impact or community engagement. Nonetheless, the data reflects a strong financial health and governance structure.


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

Is St Raphael Faith And Legacy Foundation legitimate?

St Raphael Faith And Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Raphael Faith And Legacy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of St Raphael Faith And Legacy Foundation?

The St. Raphael Faith and Legacy Foundation is established with a mission to receive and distribute funds for various purposes. Its primary objective is to support the Church of St. Raphael and its affiliated school. This includes funding for maintenance of the church and school properties, educational programs, a scholarship program, and other ministries. The foundation operates with the intention of carrying out the work of the Church of St. Raphael, thereby contributing to its overall mission and impact.

Who is the CEO of St Raphael Faith And Legacy Foundation?

Rev Michael Rudolph is the President of St Raphael Faith And Legacy Foundation.

What is the revenue of St Raphael Faith And Legacy Foundation?

St Raphael Faith And Legacy Foundation's revenue in 2020 was $41,093.

Who are the executives of St Raphael Faith And Legacy Foundation and what are their salaries?


Here are 3 key members and their salaries:


Ronald Gieneart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Michael Rudolph (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Raphael Faith And Legacy Foundation?

St Raphael Faith And Legacy Foundation's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of St Raphael Faith And Legacy Foundation

The St. Raphael Faith and Legacy Foundation is established with a mission to collect and distribute various forms of property and funds, such as real estate, tangible items, intangible assets, grants, bequests, or devises. This organization is committed to supporting the Church of St. Raphael and its affiliated school by carrying out their work. Specifically, the Foundation aims to raise funds for designated ministries, which include the maintenance of the church and its school properties, the church's educational programs, a scholarship program for church members, and other related ministries. The mission of the St. Raphael Faith and Legacy Foundation is to contribute to the Church of St. Raphael and its associated school, providing essential support to enhance their operations and initiatives.

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Impact




August, 2024

St Raphael Faith And Legacy Foundation's impact can be seen in its ability to raise funds for designated ministries, including maintaining the Church of St. Raphael and its school properties, supporting educational programs, offering scholarships, and funding other important ministries. This foundation plays a crucial role in supporting the mission and work of the Church of St. Raphael and its affiliated school in Minneapolis, MN. Through its philanthropic efforts, the foundation contributes to the growth and sustainability of these vital community institutions.




This information is meant to be a general summary of St Raphael Faith And Legacy 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.

Revenue
$41,093 (2020)
Expenses
$121,702 (2020)
Efficiency

Other financial information:

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

  • Investment Income: $125
  • Gross Receipts: $41,093

Assets and Liabilities:

  • Total Assets: $299,178
  • Total Liabilities: $0
  • Net Assets: $299,178

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Organization Details

Founding Year

2016

Principal Officer

Rev Michael Rudolph

Main Address

7301 BASS LAKE ROAD, Minneapolis, MN, 55428

NTEE Category

Code: T50 - Philanthropy

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