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Impact Foundation

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

EIN: 200520386 ✦ Fargo, ND ✦ Designated as a 501(c)(3)

Overview

What is Impact Foundation?

Impact Foundation is a charitable organization situated in Fargo, North Dakota, with a mission to boost the capacity of nonprofits, businesses, and individuals to maximize their community impact. Established in 2005, the foundation recognizes the need for nonprofits to improve their organizational assessments, strategic planning, and fundraising abilities for long-term sustainability. To achieve this, Impact collaborates with Dakota Medical Foundation and provides education, training, and coaching sessions for partner organizations through the Impact Institute. The Institute has trained over 500 nonprofit executives and directors in leadership and fundraising concepts, with a notable impact on fundraising results. Participating nonprofits, such as those involved in Giving Hearts Day, have seen a significant increase in donations over the years. Impact also offers grant writing assistance to health-related nonprofits, resulting in over $28.9 million in secured grant funding since 2005. The organization operates with a team of 7 dedicated individuals, all working towards its primary goal of improving nonprofit partners' capacity to produce superior results.


Official website here: www.ndimpactfdn.org/

Is Impact Foundation legitimate?

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

Here are some key statistics you may want to consider:

Executive Compensation: $124,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $486,435

For more financial information, click here


Official website here: www.ndimpactfdn.org/

What is the mission statement of Impact Foundation?

The Impact Foundation, with a mission rooted in charitable, scientific, and educational purposes, aims to enhance the capacity of nonprofits, businesses, and individuals to achieve greater community impact. Its primary objective is to significantly improve the performance of its nonprofit partners, enabling them to deliver superior societal outcomes. To achieve this goal, the Impact Foundation manages donations, contributes to other nonprofits, and offers assistance. The organization operates initiatives focused on areas such as economic development, health and healthcare access, education, and various other philanthropic sectors, as per donor preferences.


Official website here: www.ndimpactfdn.org/

Who is the CEO of Impact Foundation?

J Patrick Traynor is the Executive Director of Impact Foundation.


Official website here: www.ndimpactfdn.org/

What is the revenue of Impact Foundation?

Impact Foundation's revenue in 2022 was $3,041,976.


Official website here: www.ndimpactfdn.org/

Who are the executives of Impact Foundation and what are their salaries?

The average compensation at Impact Foundation during 2022 was $87,334. There are 7 employees and 150 volunteers at Impact Foundation.

Here are 6 key members and their salaries:

    Scott Holdman Chief (Transformation Officer)
  • Compensation: $144,043
  • Related: $0
  • Other: $32,909

    • J Patrick Traynor (Executive Director)
  • Compensation: $124,904
  • Related: $0
  • Other: $0

    • Dan Carey (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Mathison Md (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Hansen (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sindy Keller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ndimpactfdn.org/

    Where can I find the form 990 for Impact Foundation?

    The Impact Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ndimpactfdn.org/

    Learn more at the official website: www.ndimpactfdn.org/

    Mission Statement of Impact Foundation

    Impact Foundation, a charitable organization, is dedicated to enhancing the capacity of nonprofits, businesses, and individuals to significantly boost their community impact. Its primary mission is to strengthen its nonprofit partners, enabling them to achieve superior outcomes. Operating under charitable, scientific, and educational purposes, Impact Foundation accepts and manages donations, funding other nonprofits and offering aid. To realize its objective, Impact Foundation engages in philanthropic initiatives, aiming to positively impact various societal sectors, including economic development, healthcare access, education, and other areas specified by donors.

    Impact

    This information is meant to be a general summary of Impact Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Impact Foundation's impact is focused on building the capacity of nonprofits, businesses, and individuals to maximize their community impact. By providing support, education, training, coaching sessions, and grant writing services, the foundation aims to help nonprofit organizations improve their organizational effectiveness, strategic planning, and fundraising capabilities for long-term sustainability.

    One of the key achievements of Impact Foundation is its partnership with Dakota Medical Foundation through the Impact Institute, which has trained nonprofit executives and directors from over 500 organizations in leadership and fundraising concepts since 2005. The foundation also offers board and fundraising training programs like High Impact Fundraising, which has helped charities increase their fundraising efforts significantly over the years.

    Furthermore, the grant writing assistance provided by Impact Foundation has helped health-related nonprofit organizations secure over $28.9 million in grant funding since its inception. Overall, Impact Foundation's work is dedicated to supporting charitable, scientific, and educational purposes to create a measurable and positive impact in society, particularly in areas like economic development, healthcare access, education, and other philanthropic endeavors.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $28,383
  • Program Service Revenue: $469,328
  • Gross Receipts: $3,102,371

    • Assets and Liabilities:
  • Total Assets: $6,186,034
  • Total Liabilities: $568,794
  • Net Assets: $5,617,240
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Give Back Membership D

    Revenue

    $346,500

    Contracted Services In

    Revenue

    $78,367

    Management Services In

    Revenue

    $40,035

    Intermediary Relending

    Revenue

    $1,976

    Organization Details

    Founding Year

    2003

    Principal Officer

    J Patrick Traynor

    Main Address

    4141 28th Avenue S, Fargo, ND, 58104

    NTEE Category

    Code: T50 - Philanthropy

    If you are a representative of Impact Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.