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Golden Bear Foundation

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

EIN: 832598049 ✦ Eveleth, MN ✦ Designated as a 501(c)(3)

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Overview

What is Golden Bear Foundation?

The Golden Bear Foundation, located in Eveleth, Minnesota, serves as a nonprofit organization that primarily focuses on granting scholarships and supporting local academic and athletic programs. Their mission is to enhance the educational and athletic experiences of students by providing financial assistance and resources. The foundation's activities include offering scholarships for arts, academics, and sports, thereby fostering the overall development of local youth.


Official website here: www.facebook.com/eggoldenbearfoundation/

Is Golden Bear Foundation legitimate?

Golden Bear Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Bear 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


Official website here: www.facebook.com/eggoldenbearfoundation/

What is the mission statement of Golden Bear Foundation?

The Golden Bear Foundation, in its mission, focuses on providing support for students in various domains. It achieves this by offering scholarships and backing local academic and athletic programs. The organization's primary activity involves a grant process aimed at fostering excellence in arts, academics, and athletics among students. By providing these resources, the foundation aims to empower young individuals and contribute to their overall development.


Official website here: www.facebook.com/eggoldenbearfoundation/

Who is the CEO of Golden Bear Foundation?

Ben Delich is the Director of Golden Bear Foundation.


Official website here: www.facebook.com/eggoldenbearfoundation/

What is the revenue of Golden Bear Foundation?

Golden Bear Foundation's revenue in 2022 was $232,330.


Official website here: www.facebook.com/eggoldenbearfoundation/

Who are the executives of Golden Bear Foundation and what are their salaries?

There 20 volunteers at Golden Bear Foundation.


Here are 11 key members and their salaries:


Phillip Drobnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Troutwine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Delich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Hoel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Coldagelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Koivunen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Pazzelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Liimatta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Saukko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lara Westberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.facebook.com/eggoldenbearfoundation/

Where can I find the form 990 for Golden Bear Foundation?

Golden Bear Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.facebook.com/eggoldenbearfoundation/

Learn more at the official website: www.facebook.com/eggoldenbearfoundation/

Mission Statement of Golden Bear Foundation

The Golden Bear Foundation, as its name suggests, is committed to providing support for students in various domains. Its primary mission is to offer scholarships and contribute to the enhancement of local academic and athletic programs. The organization achieves this by following a grant process, thereby extending its reach and impact to a wider student population. By providing scholarships, the foundation encourages academic excellence and opens up opportunities for talented individuals who might not have had the means to pursue their education otherwise. Additionally, the foundation invests in local academic and athletic programs, ensuring that these essential pillars of education remain strong and accessible to all students. By doing so, the Golden Bear Foundation is playing a significant role in nurturing well-rounded individuals who can contribute positively to their communities and beyond.

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Impact




October, 2024

The Golden Bear Foundation significantly enhances educational and developmental opportunities for students by providing scholarships and supporting local academic and athletic programs. Through its grant process, the organization directly contributes to the enrichment of arts, academics, and athletics, helping students pursue their passions and excel in various disciplines. Located in Eveleth, MN, the foundation plays a vital role in empowering the community's youth, fostering a well-rounded experience that promotes both personal growth and academic achievement. By investing in the future of students, the Golden Bear Foundation strengthens the foundation of the local community, guiding young individuals toward success in their educational and athletic endeavors.




This information is meant to be a general summary of Golden Bear 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
$232,330 (2022)
Expenses
$299,559 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $232,453

Assets and Liabilities:

  • Total Assets: $58,234
  • Total Liabilities: $0
  • Net Assets: $58,234

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Organization Details

Founding Year

2018

Principal Officer

Ben Delich

Main Address

PO BOX 319, EVELETH, MN, 55734

NTEE Category

Code: B12 - Education

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