Overview
What is Microgrants?
Microgrants is a nonprofit organization situated in Minneapolis, Minnesota. Their primary mission is to foster economic self-sufficiency by providing strategic grants to low-income individuals with potential. They achieve this goal through 50 partner agencies, offering financial assistance in the form of grants for transportation, education, and small business ventures. With a small team of seven employees, Microgrants aims to empower individuals and contribute to their overall well-being.
Official website here: www.microgrants.net
Is Microgrants legitimate?
Microgrants is a legitimate nonprofit organization registered as a 501(c)(3) entity. Microgrants 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: $0
For more financial information, click here
Official website here: www.microgrants.net
What is the mission statement of Microgrants?
Microgrants' mission is to encourage economic self-sufficiency among low-income individuals with potential. They accomplish this by strategically dispensing grants through partner agencies. These grants are primarily used for transportation, education, and small business ventures. The eligible recipients are identified through a network of 50 partner agencies.
Official website here: www.microgrants.net
Who is the CEO of Microgrants?
Donald H Samuels is the Ceo of Microgrants. The CEO's salary of Microgrants is $77,045 and their total compensation is $77,045.
Official website here: www.microgrants.net
What is the revenue of Microgrants?
Who are the executives of Microgrants and what are their salaries?
Here are 10 key members and their salaries (Microgrants's CEO's salary is $77,045 and their total compensation is $77,045):
- Donald H Samuels (Ceo)
- Abou Amara (Director)
- Keiona Cook (Director)
- Adrian Coulter (Director)
- Robert Gottsch (Development) [Trustee/Director]
- Stacia Nelson (Director)
- Don Hall (Executive/ F)
- Allen Lenzmeier (Treasurer An)
- Joe Selvagglo (Executive/Fi)
- Tom Welch (Chair)
Official website here: www.microgrants.net
Where can I find the form 990 for Microgrants?
The Microgrants’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.microgrants.net
Learn more at the official website: www.microgrants.net
Mission Statement of Microgrants
Microgrants, an organization, is dedicated to fostering economic self-sufficiency among low-income individuals by strategically distributing grants through partner agencies. Their mission is to identify potential individuals in need and provide them with financial assistance in the form of grants, specifically for transportation, education, and small business ventures. By doing so, Microgrants aims to empower these individuals and help them improve their livelihoods, ultimately promoting self-sufficiency.
Impact
This information is meant to be a general summary of Microgrants. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Microgrants has made a significant impact by providing strategic grants to low-income individuals, facilitating their economic self-sufficiency. These grants have specifically aided in transportation, education, and small business ventures. By working with 50 partner agencies in Minneapolis, Minnesota, Microgrants has effectively identified and supported individuals with potential, helping them overcome financial barriers and pursue opportunities for advancement. This focused approach towards philanthropy has not only empowered individuals but also contributed to the overall economic development and social welfare of the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2005
Phone
(612) 200-8174
Principal Officer
Donald H Samuels
Main Address
100 NORTH SIXTH STREET SUITE 626B, MINNEAPOLIS, MN, 55403
Website
www.microgrants.net
NTEE Category
Code: T30 - Philanthropy
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