Alex Schmidt Memorial Foundation

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

EIN: 872369915 ✦ Rochester, MN ✦ Designated as a 501(c)(3)

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Overview

What is Alex Schmidt Memorial Foundation?

The Alex Schmidt Memorial Foundation, situated without specified location details provided, is a charitable organization dedicated to supporting deserving students. They accomplish this goal by organizing fundraising events, such as a golf tournament. The foundation's primary focus lies in raising funds for students who demonstrate diligence and dedication in their academic pursuits.

Is Alex Schmidt Memorial Foundation legitimate?

Alex Schmidt Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alex Schmidt Memorial Foundation 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.

What is the mission statement of Alex Schmidt Memorial Foundation?

The Alex Schmidt Memorial Foundation's mission is centered around supporting deserving students by raising funds. This is achieved through various initiatives, such as organizing a golf tournament. The foundation's primary objective is to provide financial aid to hardworking students in need. It serves as a philanthropic entity dedicated to uplifting the academic prospects of deserving individuals. The foundation's activities primarily revolve around fundraising efforts to fulfill this mission.

Who is the CEO of Alex Schmidt Memorial Foundation?

Unavailable

What is the revenue of Alex Schmidt Memorial Foundation?

Alex Schmidt Memorial Foundation's revenue in 2022 was $44,744.

Who are the executives of Alex Schmidt Memorial Foundation and what are their salaries?


Here are 2 key members and their salaries:


Bryan Schmidt (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Schmidt (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Alex Schmidt Memorial Foundation?

Alex Schmidt Memorial Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Alex Schmidt Memorial Foundation

The Alex Schmidt Memorial Foundation is dedicated to supporting deserving students by raising funds through various means, such as a golf tournament. At the heart of its mission, this nonprofit organization aims to provide financial assistance to hardworking individuals who demonstrate a strong commitment to their studies. By engaging in fundraising activities, the foundation seeks to make a tangible difference in the lives of these students, empowering them to pursue their academic goals and achieve their full potential.

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Impact




August, 2024

The Alex Schmidt Memorial Foundation's impact is significant in providing financial assistance to deserving students through fundraising efforts, including a golf tournament. The foundation's main mission is to raise money for hardworking and deserving students, ultimately enabling them to pursue their educational goals. Through its philanthropic initiatives, the foundation positively impacts the lives of students in need, helping them achieve their academic aspirations and build a brighter future for themselves.




This information is meant to be a general summary of Alex Schmidt Memorial 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
$44,744 (2022)
Expenses
$20,346 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $44,744

Assets and Liabilities:

  • Total Assets: $30,120
  • Total Liabilities: $0
  • Net Assets: $30,120

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Organization Details

Main Address

4403 ARCON LANE NW, ROCHESTER, MN, 55901

NTEE Category

Code: T50 - Philanthropy

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