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The Thielen Foundation Inc C/O Lukas Inveiss

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

EIN: 825085997 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is The Thielen Foundation Inc C/O Lukas Inveiss?

The Thielen Foundation Inc C/O Lukas Inveiss is a nonprofit organization with a strong belief in the transformative power of sports. Based in Minneapolis, Minnesota, their mission is to uplift underserved youth in the Upper Midwest. Established by NFL player Adam Thielen and his family, the foundation provides financial support, essential sports equipment, and motivational messages to inspire young athletes. Their flagship program, #ChangeThruSport, was launched in 2020 to aid disadvantaged youth in pursuing their goals both on and off the field, ultimately setting them up for success in life. So far, The Thielen Foundation has assisted various athletic teams, schools, and organizations in need of funding and equipment to maintain their programs and instill discipline, character, and positive values through coaching.


Official website here: www.thielenfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Star Rating

The Thielen Foundation Inc. has received an 88% score from Charity Navigator, which translates to a Three-Star rating. This score highlights the charity's strong performance in Accountability and Finance, showcasing a commitment to transparency and responsible financial management. The foundation has maintained a complete board of independent members, demonstrating a robust governance structure.

Key strengths of The Thielen Foundation lie in its high program expense ratio of 94.75%, indicating that a significant majority of its funds are dedicated to its charitable programs. Additionally, the absence of material asset diversion and the presence of thorough financial oversight measures further enhance its credibility. The organization also adheres to best practices in board governance, evidenced by their independent board size and effective policies for audits.

However, the foundation does face some limitations, particularly in the area of policy documentation. It lacks a whistleblower policy and has missing components in its document retention and destruction policies. These gaps may raise concerns regarding internal controls and risk management, which are important for maintaining trust and accountability.


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

Is The Thielen Foundation Inc C/O Lukas Inveiss legitimate?

The Thielen Foundation Inc C/O Lukas Inveiss is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Thielen Foundation Inc C/O Lukas Inveiss 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.thielenfoundation.org

What is the mission statement of The Thielen Foundation Inc C/O Lukas Inveiss?

The Thielen Foundation, guided by the theme of youth development, is established with a mission to serve, educate, and inspire individuals in need. The organization aims to create programs that empower children, equipping them with the tools necessary to reach their full potential in life. Recognizing the power of sports, the foundation utilizes it as a platform to showcase diversity and unity, fostering teamwork to achieve common goals. The #ChangeThruSport campaign, launched in 2020, is an initiative to support underserved youth in the Upper Midwest, providing financial aid, sports equipment, and inspiration to help young individuals dream big and succeed both on and off the field, ultimately setting them up for a successful future.


Official website here: www.thielenfoundation.org

Who is the CEO of The Thielen Foundation Inc C/O Lukas Inveiss?

Lukas Inveiss is the President of The Thielen Foundation Inc C/O Lukas Inveiss.


Official website here: www.thielenfoundation.org

What is the revenue of The Thielen Foundation Inc C/O Lukas Inveiss?

The Thielen Foundation Inc C/O Lukas Inveiss's revenue in 2022 was $1,495,703.


Official website here: www.thielenfoundation.org

Who are the executives of The Thielen Foundation Inc C/O Lukas Inveiss and what are their salaries?

There 40 volunteers at The Thielen Foundation Inc C/O Lukas Inveiss.


Here are 5 key members and their salaries:


Adam Thielen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caitlin Thielen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lukas Inveiss (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Flynn (Advisory Board Members)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kayleen Alexson (Advisory Board Members)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thielenfoundation.org

Where can I find the form 990 for The Thielen Foundation Inc C/O Lukas Inveiss?

The Thielen Foundation Inc C/O Lukas Inveiss's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thielenfoundation.org

Learn more at the official website: www.thielenfoundation.org

Mission Statement of The Thielen Foundation Inc C/O Lukas Inveiss

The Thielen Foundation Inc C/O Lukas Inveiss, spearheaded by American NFL wide receiver Lukas Thielen and his family, has been established with a mission to serve, educate, and inspire those in need, focusing primarily on youth development. The organization aims to create programs that empower children to reach their full potential in life, underpinned by an overarching theme of youth development.

At the heart of The Thielen Foundation's mission is the belief in the transformative power of sport. Recognizing the capacity of sports to showcase our differences and similarities, the foundation believes that sport can bring people together as a team to achieve a common goal. Furthermore, the foundation is committed to challenging the notion that a child's zip code should dictate their future potential.

In line with this commitment, The Thielen Foundation developed the #ChangeThruSport campaign in 2020. This campaign aims to support underprivileged youth in the Upper Midwest by providing financial assistance, essential sports equipment, and clothing. The goal is to inspire these young individuals to dream big, enabling them to achieve their goals on and off the playing field, thereby setting them up for success in life. The foundation has demonstrated its passion for this cause by donating to various youth athletic teams, schools, and organizations in need of funding and equipment to maintain their programming and offer consistent training, discipline, and positive character development through coaching.

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Impact




July, 2024

The Thielen Foundation, led by NFL player Adam Thielen and his family, is making a significant impact through its #ChangeThruSport program. This initiative focuses on uplifting underserved youth in the Upper Midwest by providing financial support, sports equipment, apparel, and encouragement. By bridging the gap for disadvantaged youth and supporting athletic teams and organizations in need, the Thielen Foundation is promoting positive character development, discipline, and the pursuit of goals both on and off the field. Their dedication to empowering young people and fostering opportunities for success is creating a tangible difference in the lives of those they serve.




This information is meant to be a general summary of The Thielen Foundation Inc C/O Lukas Inveiss. 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
$1,495,703 (2022)
Expenses
$1,615,253 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,090
  • Gross Receipts: $2,002,278

Assets and Liabilities:

  • Total Assets: $1,355,279
  • Total Liabilities: $339,089
  • Net Assets: $1,016,190

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Organization Details

Founding Year

2018

Principal Officer

Lukas Inveiss

Main Address

314 FIRST AVENUE N SUITE 200, MINNEAPOLIS, MN, 55401

NTEE Category

Code: T30 - Philanthropy

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