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Aim Higher Foundation

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

EIN: 463935682 ✦ St paul, MN ✦ Designated as a 501(c)(3)

Overview

What is Aim Higher Foundation?

The Aim Higher Foundation, based in St. Paul, Minnesota, is a nonprofit organization that offers tuition assistance scholarships for children in the twelve-county metro area. Established with a mission to make Catholic education more accessible, this foundation has awarded nearly $13 million in scholarships since its inception. Believing in the exceptional educational value of Catholic schools, Aim Higher provides students with the resources to reach beyond their current abilities. With a small team of three dedicated individuals, the foundation continues to support the Archdiocese of St. Paul and Minneapolis by offering financial aid for tuition, thereby enabling more children to benefit from the enriching educational environment that Catholic schools provide.


Official website here: www.aimhigherfoundation.org

Is Aim Higher Foundation legitimate?

Aim Higher Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aim Higher 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: $196,196
Professional Fundraising Fees: $0
Other Salaries and Wages: $216,531

For more financial information, click here


Official website here: www.aimhigherfoundation.org

What is the mission statement of Aim Higher Foundation?

The Aim Higher Foundation's mission is centered around providing scholarships for tuition assistance to children within a specific archdiocese. This initiative aims to make a Catholic education more accessible for a larger number of children in the twelve-county metropolitan area. Since its establishment, the foundation has granted nearly $13 million in scholarships. The foundation strongly believes that Catholic schools offer an education of exceptional quality, equipping children with the necessary tools to strive for greater heights in life.


Official website here: www.aimhigherfoundation.org

Who is the CEO of Aim Higher Foundation?

Jean Houghton is the President of Aim Higher Foundation.


Official website here: www.aimhigherfoundation.org

What is the revenue of Aim Higher Foundation?

Aim Higher Foundation's revenue in 2022 was $2,912,547.


Official website here: www.aimhigherfoundation.org

Who are the executives of Aim Higher Foundation and what are their salaries?

The average compensation at Aim Higher Foundation during 2022 was $137,576. There are 3 employees and 24 volunteers at Aim Higher Foundation.

Here are 11 key members and their salaries:

    Jean Houghton (President)
  • Compensation: $192,709
  • Related: $0
  • Other: $0

    • Donal Mulligan (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aida Schaefer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Paquette (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Herro (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Lieske (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Schumacher (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Father John Ubel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yen Fasano (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Schaffner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Rauenhorst (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aimhigherfoundation.org

    Where can I find the form 990 for Aim Higher Foundation?

    The Aim Higher Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.aimhigherfoundation.org

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

    Mission Statement of Aim Higher Foundation

    The Aim Higher Foundation, a nonprofit organization, is committed to providing scholarships for children residing in the Archdiocese of St. Paul and Minneapolis. Its mission is to offer tuition assistance, enabling more children in the twelve-county metro area to experience the life-enhancing advantages of a Catholic education. Over the years, the foundation has awarded nearly $13 million in scholarships, underscoring its belief in the exceptional educational value that Catholic schools provide. By equipping children with the necessary tools, the Aim Higher Foundation aims to inspire them to reach even higher, thereby benefiting not only their personal growth but also their communities at large.

    Impact

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




    Saturday, July 20, 2024

    Aim Higher Foundation's impact is evident in the lives of children in the Archdiocese of St. Paul and Minneapolis who have received scholarships for tuition assistance. By providing student-based tuition assistance scholarships, Aim Higher Foundation is enabling more children in the twelve-county metro area to access the life-changing benefits of a Catholic education. With close to $13 million in scholarships awarded since its inception, the foundation believes that Catholic schools offer an education that is second to none, equipping children with the tools to aim higher in their academic and personal development.





    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: $84,049
  • Program Service Revenue: $0
  • Gross Receipts: $2,996,755

    • Assets and Liabilities:
  • Total Assets: $6,907,513
  • Total Liabilities: $2,452,409
  • Net Assets: $4,455,104
  • Organization Details

    Founding Year

    2013

    Principal Officer

    Jean Houghton

    Main Address

    2610 UNIVERSITY AVENUE WEST 525, ST PAUL, MN, 55114

    NTEE Category

    Code: X12 - Religion related

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