Million Dollar Round Table Foundation
Million Dollar Round Table Foundation
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About this organization
Mission
Since 1959, the mission of the MDRT Foundation has been to encourage MDRT member volunteerism and to give funds to worthy, charitable organizations throughout the world. Funds granted by the MDRT Foundation serve to reflect the positive role that financial professionals play in the lives of others.
About
The MDRT Foundation provides grant funding to a diverse range of charitable programs worldwide. Grant awards are determined by a grant application process, foundation policy, or by the board of trustees. All grant recipients must meet eligibility requirements, including operating as a not-for-profit for charitable purposes.
Interesting data from their 2020 990 filing
The non-profit's aim, as indicated in the filing, is “The mdrt foundation is the charitable arm of million dollar round table (mdrt), a global association of financial services professionals. the mission of the mdrt foundation is to increase member and industry participation and to give funds to worthwhile charitable organizations throughout the world.”.
When referring to its functions, they were specified as: “The mdrt foundation is the charitable arm of million dollar round table (mdrt), a global association of financial services professionals. the mission of the mdrt foundation is to increase member and industry participation and to give funds to worthwhile charitable organizations throughout the world.”.
- The non-profit has reported their operating state as IL, as required by law.
- As stated in the filing, the non-profit's address in 2020 was 325 W TOUHY AVENUE, PARK RIDGE, IL, 60068.
- The non-profit's form reports a total of 0 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$188,415.
- The organization has 20 independent voting members.
- The organization was formed in 1959.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $146,033 in fundraising expenses.