Marvin M Jorgensen Charitable Trust

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

EIN: 876969181 ✦ Urbandale, IA ✦ Designated as a 501(c)(3)

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Overview

What is Marvin M Jorgensen Charitable Trust?

The Marvin M Jorgensen Charitable Trust is a philanthropic organization, established this year, solely dedicated to supporting Mayo Clinic in Rochester, Minnesota. The trust's mission is clear and unwavering, as it is intended to solely benefit Mayo Clinic, contributing to its ongoing operations and initiatives. At this point, it does not have any distinct programs or activities beyond its commitment to Mayo Clinic.

Is Marvin M Jorgensen Charitable Trust legitimate?

Marvin M Jorgensen Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marvin M Jorgensen Charitable Trust 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 Marvin M Jorgensen Charitable Trust?

The Marvin M Jorgensen Charitable Trust is established solely for the benefit of Mayo Clinic. This trust does not have any existing programs as of its creation this year, but its purpose is to support Mayo Clinic in its endeavors. The trust does not have a defined mission statement beyond this primary objective of benefiting Mayo Clinic.

Who is the CEO of Marvin M Jorgensen Charitable Trust?

Iowa State Bank is the Trustee of Marvin M Jorgensen Charitable Trust.

What is the revenue of Marvin M Jorgensen Charitable Trust?

Marvin M Jorgensen Charitable Trust's revenue in 2022 was $3,904,669.

Who are the executives of Marvin M Jorgensen Charitable Trust and what are their salaries?


There is 1 key member and their salary:


Iowa State Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marvin M Jorgensen Charitable Trust?

Marvin M Jorgensen Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Marvin M Jorgensen Charitable Trust

The Marvin M Jorgensen Charitable Trust is a philanthropic organization with a singular mission. This mission is exclusively dedicated to supporting the Mayo Clinic, based in Rochester, Minnesota. The trust does not currently operate any programs, having been established this year. Its sole purpose is to contribute to the betterment of the Mayo Clinic, without specifying the nature or scope of this support.

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Impact




October, 2024

The Marvin M Jorgensen Charitable Trust focuses exclusively on supporting Mayo Clinic in Rochester, Minnesota. By designating its resources solely for this esteemed medical institution, the trust aims to enhance healthcare services and innovations at Mayo Clinic. This targeted support contributes to advancements in patient care, research, and education within the medical community. Although the trust is newly established and does not have existing programs, its dedicated funding for Mayo Clinic underlines a commitment to improving health outcomes and fostering advancements in medical practices and technologies.




This information is meant to be a general summary of Marvin M Jorgensen Charitable Trust. 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
$3,904,669 (2022)
Expenses
$169 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,525
  • Gross Receipts: $3,928,014

Assets and Liabilities:

  • Total Assets: $3,904,500
  • Total Liabilities: $0
  • Net Assets: $3,904,500

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Organization Details

Founding Year

2022

Principal Officer

Iowa State Bank

Main Address

2301 NORTHWEST 128TH STREET, URBANDALE, IA, 50323

NTEE Category

Code: E11 - Health

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