Montlake Futures Fund

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

EIN: 873396900 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Montlake Futures Fund?

Montlake Futures Fund is a nonprofit organization situated in Seattle, Washington. Their primary focus is on acquiring the rights to use the names, images, and likenesses of University of Washington student-athletes. These rights are then allocated to 501(c)(3) nonprofit organizations to support their respective missions. The fund's activities involve raising funds, generating awareness, and offering other forms of assistance to organizations such as Seattle Children's Hospital and the Boys and Girls Club of King County. Through this initiative, Montlake Futures Fund aims to leverage the roles and identities of student-athletes to help various charitable causes, fostering a lifelong commitment to civic engagement.


Official website here: www.montlakefutures.com

Is Montlake Futures Fund legitimate?

Montlake Futures Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montlake Futures Fund 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: $32,238
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.montlakefutures.com

What is the mission statement of Montlake Futures Fund?

Montlake Futures Fund's mission is centered around creating opportunities that benefit the missions of charitable organizations, utilizing the names, images, and likenesses of University of Washington student-athletes. Their goal is to leverage the roles and identities of these student-athletes to fundraise, raise awareness, and offer support to various charitable causes. Furthermore, Montlake Futures Fund aims to foster connections that inspire a lifelong commitment to civic engagement among student-athletes, providing them with educational experiences in the process.


Official website here: www.montlakefutures.com

Who is the CEO of Montlake Futures Fund?

Gerald Swanson is the President of Montlake Futures Fund.


Official website here: www.montlakefutures.com

What is the revenue of Montlake Futures Fund?

Montlake Futures Fund's revenue in 2022 was $2,022,499.


Official website here: www.montlakefutures.com

Who are the executives of Montlake Futures Fund and what are their salaries?

There 3 volunteers at Montlake Futures Fund.


Here are 3 key members and their salaries:


Gerald Swanson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Baker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Baird-Girouard (Secretary & Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montlakefutures.com

Where can I find the form 990 for Montlake Futures Fund?

Montlake Futures Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.montlakefutures.com

Learn more at the official website: www.montlakefutures.com

Mission Statement of Montlake Futures Fund

Montlake Futures, a nonprofit organization, aims to utilize the reputations and identities of University of Washington student-athletes to support the goals of various 501(c)(3) charities. Their mission is to facilitate fundraising, raise awareness, and offer other forms of assistance to these charitable causes. By doing so, they aim to foster long-term civic engagement among the student-athletes. Montlake Futures believes that the roles and identities of these athletes can significantly contribute to charitable initiatives and provide invaluable experiences for the student-athletes themselves.

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Impact




July, 2024

Montlake Futures Fund impacts the community by developing name, image, and likeness opportunities that benefit the missions of 501(c)(3) organizations and provide educational experiences for University of Washington student-athletes. By purchasing the name, image, and likeness rights of student-athletes and allocating those rights to nonprofit organizations, such as Seattle Children's Hospital and Boys and Girls Club of King County, Montlake Futures Fund helps raise funds, generate awareness, and support charitable causes. This initiative not only supports important organizations but also fosters connections that inspire a lifetime of civic engagement for student-athletes. Through this program, Montlake Futures Fund is making a meaningful difference in the community by leveraging the roles and identities of student-athletes for the greater good.




This information is meant to be a general summary of Montlake Futures Fund. 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
$2,022,499 (2022)
Expenses
$312,206 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $261
  • Gross Receipts: $2,022,499

Assets and Liabilities:

  • Total Assets: $1,688,855
  • Total Liabilities: $0
  • Net Assets: $1,688,855

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Organization Details

Founding Year

2021

Principal Officer

Gerald Swanson

Main Address

1525 11TH AVE, SEATTLE, WA, 98122

NTEE Category

Code: B80 - Education

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