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Brookings Foundation

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

EIN: 460342366 ✦ Brookings, SD ✦ Designated as a 501(c)(3)

Overview

What is Brookings Foundation?

The Brookings Foundation is a nonprofit organization located in Brookings, South Dakota. Its primary mission is to provide assistance to meet various needs within the community by managing twenty-one separate funds, predominantly donor-designated funds. During the Covid-19 pandemic, they established a fund titled "Covid-19 Relief Fund," which offers grants to nonprofit agencies aiming to support individuals and families impacted by the crisis. The organization, with a modest team of one employee, operates in accordance with its mission to positively impact the community of Brookings, South Dakota.


Is Brookings Foundation legitimate?

Brookings Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookings 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: $6,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Brookings Foundation?
Who is the CEO of Brookings Foundation?
What is the revenue of Brookings Foundation?
Who are the executives of Brookings Foundation and what are their salaries?
Where can I find the form 990 for Brookings Foundation?

Mission Statement of Brookings Foundation

The Brookings Foundation, a nonprofit organization, is dedicated to fulfilling the needs of its community in Brookings, South Dakota. Primarily, it accomplishes this mission through the management of twenty-one separate funds, the majority of which are donor-designated. This foundation serves as a conduit, channeling resources to various organizations and initiatives that align with its donors' intentions.

One of its significant initiatives is the Covid-19 Relief Fund. This particular fund provides grants to nonprofit agencies, aiming to assist individuals and families impacted by the pandemic. By doing so, the Brookings Foundation plays a crucial role in alleviating some of the hardships faced by its community during these challenging times. By providing much-needed financial assistance, the foundation helps these nonprofits maintain their services and continue supporting the people of Brookings.

Impact

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




Wednesday, July 24, 2024

Brookings Foundation has made a significant impact in the community of Brookings, South Dakota by providing assistance to meet various needs through its twenty-one separate funds. These funds, which consist primarily of donor designated funds, address a range of issues and support nonprofit agencies in their efforts to help individuals and families in the area. One notable initiative is the "Covid-19 Relief Fund," which offers grants to nonprofit agencies assisting those affected by the pandemic. The foundation plays a vital role in supporting philanthropic endeavors and contributing to the welfare of the Brookings community.





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: $35,337
  • Program Service Revenue: $0
  • Gross Receipts: $592,231

    • Assets and Liabilities:
  • Total Assets: $2,782,219
  • Total Liabilities: $0
  • Net Assets: $2,782,219
  • Organization Details

    Founding Year

    1977

    Principal Officer

    Kurt Osborne

    Main Address

    c/o Kurt Osborne 1028 7th Ave, Brookings, SD, 57006

    NTEE Category

    Code: T900 - Philanthropy

    If you are a representative of Brookings 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.