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Fargo-Moorhead Area Foundation Corporation

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

EIN: 456010377 ✦ Fargo, ND ✦ Designated as a 501(c)(3)

Overview

What is Fargo-Moorhead Area Foundation Corporation?

The Fargo-Moorhead Area Foundation Corporation serves as a community trust, managing a total of 492 charitable funds. These funds are established through contributions from the public. The foundation distributes grants across various sectors, with Community Building, Basic Human Needs, Education, Health & Wellness, and Youth being the major recipients. The organization also supports Arts, Religion, and Animal Welfare, among others. The foundation's mission is to assist donors in maximizing their philanthropy, thereby contributing to the development of a thriving community offering numerous opportunities for all its inhabitants. With a team of eight employees, the Fargo-Moorhead Area Foundation Corporation plays a significant role in shaping the welfare and progress of its community.


Official website here: www.areafoundation.org

Is Fargo-Moorhead Area Foundation Corporation legitimate?

Fargo-Moorhead Area Foundation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fargo-Moorhead Area Foundation Corporation 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: $333,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $282,206

For more financial information, click here


Official website here: www.areafoundation.org

What is the mission statement of Fargo-Moorhead Area Foundation Corporation?

The Fargo-Moorhead Area Foundation Corporation's mission is to assist donors in maximizing their philanthropic efforts, ultimately contributing to the creation of a thriving community filled with opportunities for all. By administering 492 charitable funds, the foundation fosters grants and scholarships in various sectors, including community building, basic human needs, art, education, youth, religion, health and wellness, animal welfare, and other categories. The foundation's funds originate from various sources, such as donor-advised, designated, field of interest, agency, scholarship, and unresticted funds.


Official website here: www.areafoundation.org

Who is the CEO of Fargo-Moorhead Area Foundation Corporation?

Eric Wilkie is the Immediate Past Chair of Fargo-Moorhead Area Foundation Corporation.


Official website here: www.areafoundation.org

What is the revenue of Fargo-Moorhead Area Foundation Corporation?

Fargo-Moorhead Area Foundation Corporation's revenue in 2022 was $5,201,937.


Official website here: www.areafoundation.org

Who are the executives of Fargo-Moorhead Area Foundation Corporation and what are their salaries?

The average compensation at Fargo-Moorhead Area Foundation Corporation during 2022 was $76,977. There are 8 employees and 33 volunteers at Fargo-Moorhead Area Foundation Corporation.

Here are 23 key members and their salaries:

    Eric Wilkie (Executive Director)
  • Compensation: $177,401
  • Related: $0
  • Other: $35,270

    • Patricia Mastel (Director Of Finance)
  • Compensation: $93,604
  • Related: $0
  • Other: $27,335

    • Louise Dardis (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • April Walker (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Toni Sandin (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Nolte (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Haugen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Bode (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandy Korbel (Trustee Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marilyn Guy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Jorgenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Leiseth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Mohr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Stern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katrina Turman-Lang (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sher Thomsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bank Of The West (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wells Fargo (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bell State Bank & Trust (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bremer (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heartland Trust (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alerus (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Us Bank (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.areafoundation.org

    Where can I find the form 990 for Fargo-Moorhead Area Foundation Corporation?

    The Fargo-Moorhead Area Foundation Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.areafoundation.org

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

    Mission Statement of Fargo-Moorhead Area Foundation Corporation

    The Fargo-Moorhead Area Foundation Corporation, serving as a community trust, is dedicated to maximizing philanthropic contributions from the general public. Their mission is to create a vibrant community teeming with opportunities for all, by strategically utilizing these contributions. The foundation administers a variety of charitable funds, each with distinct purposes, and distributes grants and scholarships in different sectors. These sectors include community building, basic human needs, art, education, youth, religion, health and wellness, animal welfare, and other areas, accounting for a substantial portion of their philanthropic efforts. The foundation utilizes several types of funds, such as donor-advised, designated, field of interest, agency, scholarship, and unrestricted funds, to achieve their mission. Through these funds, they contribute to the betterment of their community, fostering opportunities for growth and development.

    Impact

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




    Saturday, July 20, 2024

    Fargo-Moorhead Area Foundation Corporation serves as a catalyst for positive change in the community by assisting donors in maximizing their philanthropic efforts. Through the administration of 492 charitable funds, the foundation supports a wide range of programs that address critical needs and enrich various aspects of community life. Grants are awarded in key areas such as community building, basic human needs, education, health and wellness, and more, making a significant impact on the well-being of individuals and organizations in the region. By leveraging donor contributions and strategically distributing funds, the foundation plays a vital role in creating a vibrant community full of opportunities for everyone.





    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: $1,138,700
  • Program Service Revenue: $0
  • Gross Receipts: $29,731,310

    • Assets and Liabilities:
  • Total Assets: $98,404,628
  • Total Liabilities: $1,774,313
  • Net Assets: $96,630,315
  • Organization Details

    Founding Year

    1960

    Principal Officer

    Eric Wilkie

    Main Address

    409 7TH ST S, FARGO, ND, 58103

    NTEE Category

    Code: T310 - Philanthropy

    If you are a representative of Fargo-Moorhead Area Foundation Corporation 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.