Overview
What is Cces Endowment Corporation?
Cces Endowment Corporation is a nonprofit organization situated in Greenville, South Carolina, specifically at 245 Cavalier Drive. Their primary mission is to manage the endowment funds of Christ Church Episcopal School. This involves investing the endowment and distributing the proceeds for scholarships and other educational purposes, thereby supporting the school and its students. The organization's activities are geared towards enhancing the educational opportunities available at Christ Church Episcopal School.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star Rating
Cces Endowment Corporation has achieved an 87% score, reflecting solid accountability and financial health, which contributes to its Three-Star rating. This score is indicative of a well-managed organization that prioritizes transparency and responsible financial practices. The charity has demonstrated excellence in various key metrics, such as having a fully independent board and no material diversion of assets.
The organization scored exceptionally well in its accountability metrics, including full compliance with conflict of interest policies and robust documentation practices. With a program expense ratio of 80.06%, it shows a strong commitment to directing funds toward its mission-driven activities rather than administrative costs. These factors contribute to a favorable assessment of its operational effectiveness.
However, while the rating is positive, it is based solely on the Accountability & Finance score, which may not provide a comprehensive view of the charity's overall impact or effectiveness. Future evaluations could benefit from additional performance metrics related to program outcomes and community engagement to provide a fuller picture of the organization's contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Cces Endowment Corporation legitimate?
Cces Endowment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cces Endowment Corporation 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cces Endowment Corporation?
The Cces Endowment Corporation's mission is to support Christ Church Episcopal School by managing its endowment funds and utilizing the earnings for providing scholarships and other educational assistance. The corporation's primary goal is to contribute to the school's educational endeavors, ensuring that deserving students have access to quality education. Through its investment strategies, the corporation aims to generate sufficient funds for providing scholarships and other educational support. The corporation's activities are specifically geared towards enhancing the educational opportunities at Christ Church Episcopal School.
Who is the CEO of Cces Endowment Corporation?
Doug Qualls is the President of Cces Endowment Corporation.
What is the revenue of Cces Endowment Corporation?
Cces Endowment Corporation's revenue in 2023 was $64,417.
Who are the executives of Cces Endowment Corporation and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $5,740
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Where can I find the form 990 for Cces Endowment Corporation?
Cces Endowment Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cces Endowment Corporation
Cces Endowment Corporation, a nonprofit entity, is dedicated to supporting Christ Church Episcopal School. Its primary mission involves managing endowment funds and investing them wisely. The corporation's ultimate goal is to provide scholarships and various educational assistance to the school, thereby contributing to its overall growth and development. By distributing funds for scholarly purposes, Cces Endowment Corporation plays a crucial role in supporting the educational needs of Christ Church Episcopal School, thereby contributing to its long-term success.
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Impact
October, 2024
Cces Endowment Corporation plays a vital role in supporting the educational initiatives of Christ Church Episcopal School in Greenville, SC. By managing endowment funds effectively, the organization provides essential financial resources for scholarships and other educational purposes. This investment directly benefits the school community, enabling students to access high-quality education and opportunities that may otherwise be out of reach. Through its commitment to fostering educational excellence, Cces Endowment Corporation significantly enhances the learning environment and supports the academic success of its students.
This information is meant to be a general summary of Cces Endowment Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$178,236
- Gross Receipts: $2,711,737
Assets and Liabilities:
- Total Assets: $6,831,175
- Total Liabilities: $0
- Net Assets: $6,831,175
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Organization Details
Founding Year
2002
Phone
(864) 299-1522Principal Officer
Doug Qualls
Main Address
245 CAVALIER DRIVE, GREENVILLE, SC, 29607
NTEE Category
Code: G12 - Disease
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