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British American Foundation Of Texas

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

EIN: 061807573 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is British American Foundation Of Texas?

The British American Foundation of Texas is a nonprofit organization based in Houston, Texas. It primarily focuses on offering scholarship awards to academically gifted yet financially challenged Texas-resident students, spanning from high school juniors to undergraduate college level. The foundation's mission extends beyond financial aid, as it also provides an opportunity for selected scholars to participate in educational classes in the UK, thus enabling them to immerse in a different culture. This experience is intended to broaden their perspectives and enhance their personal vision. In 2022, the organization awarded 57 such scholarships, covering up to one semester's educational expenses at a Texas university. In total, the British American Foundation of Texas operates with a small team of one employee.


Official website here: www.baftx.org

What are the reviews and ratings of this charity?

Charity Navigator rates the British American Foundation of Texas with a score of 90%, granting it a Four-Star out of Four Star rating. This high rating reflects the organization's strong accountability and financial management, with a notable Program Expense Ratio of 72.88%. The charity has demonstrated effective governance with 100% independent board members and no material diversion of assets.

One of the standout strengths of the British American Foundation is its commitment to measuring impact, as evidenced by a perfect score in both Impact & Measurement and Culture & Community. The organization excels in obtaining and utilizing feedback, ensuring its programs are responsive to the needs of the community it serves. These practices indicate a robust framework for continuous improvement and stakeholder engagement.

However, while the foundation showcases impressive scores in various areas, its Accountability & Finance score of 77 suggests there may be room for improvement in financial transparency or efficiency. Overall, the British American Foundation of Texas is recognized for its effective programming and strong community ties, while still having some aspects to enhance in financial accountability.


This AI summary has been generated from information found on Charity Navigator.

Is British American Foundation Of Texas legitimate?

British American Foundation Of Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. British American Foundation Of Texas 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.baftx.org

What is the mission statement of British American Foundation Of Texas?

The British American Foundation of Texas's mission is to empower financially challenged, academically excellent Texas-based students by supporting their college education in the United States. The organization believes in nurturing future leaders by providing them with a unique learning experience in the UK, enabling them to broaden their perspectives and develop a broader vision for their lives. This opportunity to immerse in a different culture is offered through the Junior Achiever award, which also includes attending classes in the UK. By providing these scholarships and experiences, the British American Foundation of Texas aims to contribute to the development of the next generation of STEM and business workforce leaders, thereby increasing access to education and addressing the needs of their communities.


Official website here: www.baftx.org

Who is the CEO of British American Foundation Of Texas?

Kevin Howard is the Chairman of British American Foundation Of Texas.


Official website here: www.baftx.org

What is the revenue of British American Foundation Of Texas?

British American Foundation Of Texas's revenue in 2022 was $789,745.


Official website here: www.baftx.org

Who are the executives of British American Foundation Of Texas and what are their salaries?

The average compensation at British American Foundation Of Texas during 2022 was $70,000. There is 1 employee and 18 volunteers at British American Foundation Of Texas.


Here are 14 key members and their salaries:


Kevin Howard (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mclennan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Letitia Verlander (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genie Panaccione (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fiona Chandler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Hyde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Main (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mckeon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Phan Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Rae (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Reilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Sauve (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Thomsom (Executive Director)
  • Compensation: $70,000
  • Related: $0
  • Other: $0


Official website here: www.baftx.org

Where can I find the form 990 for British American Foundation Of Texas?

British American Foundation Of Texas's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.baftx.org

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

Mission Statement of British American Foundation Of Texas

The British American Foundation of Texas is an organization with a mission to empower financially challenged Texas-based students who excel academically. This nonprofit supports these students by providing scholarship awards for their US college education. Beyond financial aid, the British American Foundation of Texas offers a unique learning experience in the United Kingdom. This opportunity allows students to broaden their perspectives and enrich their personal visions, providing an early exposure to different cultures. By providing these scholarships and experiences, the British American Foundation of Texas aims to help these students fulfill their exceptional potential and become leaders in their chosen fields. In doing so, they aim to increase access to education and contribute to meeting the needs of tomorrow's STEM and business workforce.

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Impact




July, 2024

The British American Foundation Of Texas has a significant impact on financially challenged, academically excellent students in Texas by supporting their college education. Through their scholarship programs, they enable students to fulfill their potential and become future leaders in STEM and business fields. Additionally, their unique learning experience in the UK broadens students' perspectives and personal vision. In 2022 alone, the foundation awarded 57 undergraduate scholarships, facilitating access to higher education and contributing to the development of tomorrow's workforce.




This information is meant to be a general summary of British American Foundation Of Texas. 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.

Revenue
$789,745 (2022)
Expenses
$394,089 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,953
  • Gross Receipts: $1,116,528

Assets and Liabilities:

  • Total Assets: $1,718,252
  • Total Liabilities: $243
  • Net Assets: $1,718,009

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Organization Details

Founding Year

2006

Principal Officer

Kevin Howard

Main Address

PO Box 421234, Houston, TX, 772421234

NTEE Category

Code: T30 - Philanthropy

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