Regents of the University of Minnesota
Extension at the University of Minnesota
411599593
Fairmont, MN 56031 United States
local.extension.umn.edu
UMNExt
UofMNExt
Regents of the University of Minnesota
Overview
The Regents of the University of Minnesota is designated as a nonprofit organization under section 501(c)(3), focusing on educational, youth development, and possibly agricultural youth development activities. Contributions, program services, net fundraising, and other sources form the primary revenue streams for this organization[1].
Mission and Activities
While specific details about the mission of this particular entity are limited, the Regents of the University of Minnesota generally oversee various educational and developmental initiatives, including those related to youth development and agricultural education. The organization operates under the broader umbrella of the University of Minnesota, which encompasses multiple campuses and programs[1][5].
Financial Structure
The financial reports indicate that contributions, program services, and net fundraising are significant components of the organization's revenue. In recent years, contributions have accounted for approximately 35% to 46.7% of total revenue, while program services and net fundraising also play substantial roles[1].
Tax-Exempt Status
As a 501(c)(3) organization, donations made to the Regents of the University of Minnesota are tax-deductible. This status allows donors to claim deductions on their federal taxes for contributions made to the entity[1]. However, it's worth noting that while the Regents themselves are a state entity, specific programs might need to apply separately for tax-exempt status if they are not already covered by the university's umbrella[4].
Governance
Information on the specific governance structure or key officers of this entity is not readily available. Typically, organizations like this are overseen by appointed or elected officials, including those from the university administration[5].
References
[^1]: ProPublica Nonprofit Explorer [^2]: University of Minnesota Foundation Information [^3]: Legal and Tax Information | Give to the University of Minnesota [^4]: Nonprofit and Tax Exempt Status | Student Unions and Activities [^5]: GuideStar Profile - Regents of the University of Minnesota
[1] https://projects.propublica.org/nonprofits/organizations/411531878 [2] https://give.morris.umn.edu/legal-and-tax-information [3] https://give.umn.edu/about/legal-tax [4] https://sua.umn.edu/nonprofit-and-tax-exempt-status [5] https://www.guidestar.org/profile/20-8065866
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Agricultural, Youth Development
