Minnesotans' Military Appreciation Fund

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

EIN: 201935180 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Minnesotans' Military Appreciation Fund?

Minnesotans' Military Appreciation Fund is a nonprofit organization situated in Minneapolis, Minnesota. Established with the mission to aid Minnesota military personnel and their families who have served in a combat zone since September 11, 2001, the fund has provided financial assistance extensively. As of the information provided, the fund has disbursed grants to 23,585 individuals, including multiple grants to soldiers with multiple Purple Heart awards. The fund has also offered significant support to the families of soldiers killed in combat and wounded soldiers with Purple Heart awards. With a vision to assist those who have served their country, Minnesotans' Military Appreciation Fund has provided substantial financial assistance totaling over 12 million dollars to soldiers who have served in combat zones.


Official website here: www.thankmntroops.org

Is Minnesotans' Military Appreciation Fund legitimate?

Minnesotans' Military Appreciation Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesotans' Military Appreciation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,968

For more financial information, click here


Official website here: www.thankmntroops.org

What is the mission statement of Minnesotans' Military Appreciation Fund?

The Minnesotans' Military Appreciation Fund's mission is centered around providing financial assistance. Specifically, it aims to support Minnesota military personnel and their families who have served in combat zones since September 11, 2001. Over the years, the fund has distributed grants to a significant number of individuals and families, including those who have lost their loved ones in combat, Purple Heart recipients, and soldiers who have served in combat zones. The fund also provides additional support to wounded soldiers who have received multiple Purple Heart awards. The fund's grant policy allows for a second grant of up to 9,000 to be awarded to wounded soldiers upon medical documentation.


Official website here: www.thankmntroops.org

Who is the CEO of Minnesotans' Military Appreciation Fund?

Roger Sit is the Assistant Se of Minnesotans' Military Appreciation Fund.


Official website here: www.thankmntroops.org

What is the revenue of Minnesotans' Military Appreciation Fund?

Minnesotans' Military Appreciation Fund's revenue in 2023 was $2,403,547.


Official website here: www.thankmntroops.org

Who are the executives of Minnesotans' Military Appreciation Fund and what are their salaries?

The average compensation at Minnesotans' Military Appreciation Fund during 2023 was $85,968. There are 1 employees and 20 volunteers at Minnesotans' Military Appreciation Fund.

Here are 4 key members and their salaries:

    Kelly Boston (Assistant Se) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Skip Krawzcyk (Treasurer &) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gen Dennis Schulstad (President &) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Sit (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thankmntroops.org

    Where can I find the form 990 for Minnesotans' Military Appreciation Fund?

    The Minnesotans' Military Appreciation Fund’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.thankmntroops.org

    Learn more at the official website: www.thankmntroops.org

    Mission Statement of Minnesotans' Military Appreciation Fund

    Minnesotans' Military Appreciation Fund, a nonprofit organization, is committed to providing financial assistance to Minnesota military personnel and their families who have served in a combat zone since September 11, 2001. Over the years, the fund has extended support to numerous individuals and families, with a significant focus on those who have suffered losses or injuries during their service.

    Since its inception, the fund has distributed a substantial number of grants. These grants have ranged from emergency financial aid to families of soldiers killed in combat, to medical and rehabilitation support for wounded soldiers, including those who have received multiple Purple Heart awards. Furthermore, the fund has provided grants to soldiers who have served in a combat zone, acknowledging their sacrifices and contributions.

    In total, the Minnesotans' Military Appreciation Fund has paid out 23,585 grants, with a significant portion going toward supporting families of fallen soldiers, wounded soldiers with Purple Hearts, and soldiers who served in combat zones. The fund's grant policy allows for a second grant, up to 9,000 dollars, to be awarded to wounded soldiers upon medical documentation, further emphasizing its commitment to providing comprehensive support to those who have served their country.

    Impact

    This information is meant to be a general summary of Minnesotans' Military Appreciation Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 1, 2024

    Minnesotans' Military Appreciation Fund has had a significant impact on Minnesota military personnel and their families who have served in combat zones since September 11, 2001. The fund has provided crucial financial assistance to these individuals, including grants that total a substantial amount.

    Specifically, the Fund has paid 23,585 grants since its inception. Among these grants, there were 68 totaling $340,000 provided to the families of soldiers killed in combat, 585 grants totaling $1,215,000 to Purple Heart wounded soldiers, and 27 grants totaling $54,000 to wounded soldiers who received multiple Purple Heart awards. Additionally, 22,547 grants totaling $9,512,000 have been given to soldiers who served in a combat zone.

    Furthermore, the Fund has awarded second grants, with medical documentation, of up to $9,000 to 358 wounded soldiers, totaling $2,119,000. This additional support has been invaluable in helping these individuals and their families during challenging times.





    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 2023.

  • Investment Income: $694,462
  • Program Service Revenue: $0
  • Gross Receipts: $2,403,547

    • Assets and Liabilities:
  • Total Assets: $20,308,323
  • Total Liabilities: $50,906
  • Net Assets: $20,257,417
  • Organization Details

    Founding Year

    2005

    Principal Officer

    Roger Sit

    Main Address

    80 SOUTH 8TH STREET SUITE 3300, MINNEAPOLIS, MN, 55402

    NTEE Category

    Code: Z99 - Unknown

    If you are a representative of Minnesotans' Military Appreciation Fund 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.