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Minnesota Masonic Charities Funds

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

EIN: 411495321 ✦ Bloomington, MN ✦ Designated as a 501(c)(3)

Overview

What is Minnesota Masonic Charities Funds?

Minnesota Masonic Charities Funds is a charitable organization based in Bloomington, Minnesota, managing and administering investments for its affiliates, which are exempt under 501(C)(3). The organization's primary purposes include helping, aiding, and assisting the Masonic family and others, guided by Masonic principles. They accomplish this by providing financial support to non-profit tax-exempt entities that offer nursing care and elderly housing, community, health, social services, and education for the elderly. Additionally, they promote research and activities related to cancer, childhood language disorders, and the treatment of various maladies in youth. Furthermore, they assist students in obtaining higher education and preserve historical knowledge about Masonry in Minnesota. The organization also engages in supporting charitable causes and projects that aid, assist, and contribute to the advancement of other exempt foundations and associations.


Is Minnesota Masonic Charities Funds legitimate?

Minnesota Masonic Charities Funds is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Masonic Charities Funds 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


What is the mission statement of Minnesota Masonic Charities Funds?
Who is the CEO of Minnesota Masonic Charities Funds?
What is the revenue of Minnesota Masonic Charities Funds?
Who are the executives of Minnesota Masonic Charities Funds and what are their salaries?
Where can I find the form 990 for Minnesota Masonic Charities Funds?

Mission Statement of Minnesota Masonic Charities Funds

Minnesota Masonic Charities Funds is a charitable organization dedicated to managing and administering investments for its affiliates. The primary objectives of Minnesota Masonic Charities and its allies align with the Masonic principles of brotherly love, relief, and truth.

In practice, this charitable body provides financial and other forms of assistance to various non-profit tax-exempt entities that offer nursing care and elderly housing facilities. Furthermore, it supports initiatives related to the treatment and cure of cancer, childhood language disorders, and other physical, emotional, and mental health issues affecting the youth.

Minnesota Masonic Charities also focuses on higher education by helping students pursue advanced degrees. In addition to these missions, the organization seeks to collect, preserve, and disseminate historical knowledge about Masonry in Minnesota. Lastly, it engages in, advances, supports, promotes, and administers charitable causes and projects that contribute to the support of corporations, trusts, associations, and foundations exempt from federal income taxes.

Impact

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




Thursday, August 15, 2024

Minnesota Masonic Charities Funds impact can be seen through its dedication to providing financial assistance to non-profit entities that offer facilities for nursing care, elderly housing, and community programs for the elderly. Additionally, they support research for the treatment and cure of various illnesses affecting youth, including cancer and language disorders. Their commitment to assisting students in pursuing higher education and preserving historical knowledge about Masonry in Minnesota further demonstrates their significant contribution to the community. Through their charitable projects and support of exempt organizations, they uphold the principles of brotherly love, relief, and truth, making a positive difference in the lives of many.





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: $15,444,836
  • Program Service Revenue: $0
  • Gross Receipts: $48,198,286

    • Assets and Liabilities:
  • Total Assets: $142,490,325
  • Total Liabilities: $9,106,897
  • Net Assets: $133,383,428
  • Organization Details

    Founding Year

    1983

    Principal Officer

    Eric J Neetenbeek

    Main Address

    11501 MASONIC HOME DRIVE, BLOOMINGTON, MN, 55437

    NTEE Category

    Code: P110 - Human services

    If you are a representative of Minnesota Masonic Charities Funds 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.