Midway Usa Foundation Inc
Midway Usa Foundation Inc
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About this organization
Mission
The MidwayUSA Foundation serves youth shooting sports teams throughout the United States by providing fundraising support and sustainable annual grant funding through endowment accounts. Thanks to generous annual operations funding from Larry and Brenda Potterfield, all operating expenses of the MidwayUSA Foundation are covered. The MidwayUSA Foundation also supports other non-profit organizations with a youth shooting sports mission or program(s) that align with the foundation. Mission: We help communities and organizations raise funds to support their high school, college, and other youth shooting teams and activities. We also manage a variety of special purpose endowed funds for the support and advancement of youth shooting sports.
About
THE MIDWAY USA FOUNDATION SUPPORTS OVER 100,000 YOUTH ON ALMOST 3,000 SHOOTING TEAMS AS WELL AS THE COMMUNITIES THEY REPRESENT. THE FOUNDATION HELPS COMMUNITIES RAISE MONEY TO SUPPORT THEIR YOUTH SHOOTING SPORTS PROGRAMS THROUGH TEAM, AGENCY OR DONOR DESIGNATED ENDOWMENTS FOR STATE, REGIONAL AND NATIONAL YOUTH SHOOTING EDUCATIONAL ORGANIZATIONS. ENDOWMENTS ARE HELD AND INVESTED WITH MATCHING DOLLARS FROM THE FOUNDERS AND GRANTS ARE PAID EACH YEAR TO EVERY TEAM, AGENCY OR DONOR DESIGNATED ENDOWED ORGANIZATION THAT REQUESTS UP TO 5% OF THEIR RESPECTIVE ACCOUNT BALANCE. THE TEAMS MAY USE GRANT MONEY TO FURTHER THEIR EDUCATIONAL AND TRAINING MISSIONS IN YOUTH SHOOTING SPORTS.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “The foundation provides financial support to other nonprofit organizations with funds directed specifically to support educational programs focusing on firearms safety, skill training for shooting, hunting and outdoor activities. the foundation explicitly directs its mission funding toward young people through colleges, universiites, educational institutions and youth organizations that offer this type of training; with the purpose of instilling confidence, discipline and leadership skills in youth. the foundation also manages donor designated endowed funds for some of these organizations.”.
When referring to its actions, they were outlined as: “We help communities and organizations raise funds to support their high school, college, and/or other youth shooting team and related activities. we also manage donor designated endowed funds for these communities and organizations.”.
- The non-profit has complied with legal obligations by reporting their state of operation as MO.
- The non-profit's address in 2020 is noted in the filing as 6001 W VAN HORN TAVERN RD NO STE C, COLUMBIA, MO, 65203.
- The non-profit's form for 2020 reports a total of 13 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $10,257,000.
- The organization has 11 independent voting members.
- The organization was formed in 2007.
- The organization pays $1,033,068 in salary, compensation, and benefits to its employees.
- The organization pays $167,198 in fundraising expenses.
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