Overview
What is St Anthony Educational Foundationinc?
St. Anthony Educational Foundationinc is a charitable organization, based in Indianapolis, Indiana, with a mission to support and encourage the educational and cultural pursuits of members of St. Anthony Hall. The foundation achieves this goal by granting funds to individuals and chapters, sponsoring workshops, seminars, and lectures, and organizing events to develop leadership skills. Through these activities, the foundation aims to foster responsible citizenship and enhance the intellectual growth of its members. With a primary focus on St. Anthony Hall, the foundation serves as its main source of support for enriching academic and intellectual activities.
Official website here: www.stanthonyhall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%
The St Anthony Educational Foundationinc has received a low rating of 36%, resulting in a Zero-Star out of Four Stars designation, indicating significant concerns regarding its accountability and financial practices. The organization demonstrates strengths in governance, with a fully independent board and various positive indicators, but these are overshadowed by critical deficiencies in essential policies and financial management.
Key strengths include a fully independent board and no material diversion of assets, which suggests a commitment to integrity at the governance level. However, the absence of crucial policies such as conflict of interest, whistleblower, and document retention significantly impacts its accountability score. Additionally, while the website is listed on the tax form and meeting minutes are documented, the lack of transparency in financial reporting further undermines confidence.
The program expense ratio is notably low at 18.39%, raising concerns about the allocation of resources towards mission-related activities. Coupled with a high liabilities to assets ratio of 0.32%, these financial metrics indicate potential risks in sustainability and operational effectiveness. Overall, while the foundation possesses a competent board, these major weaknesses highlight the need for improvement in policy implementation and financial transparency.
This AI summary has been generated from information found on Charity Navigator.
Is St Anthony Educational Foundationinc legitimate?
St Anthony Educational Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Anthony Educational Foundationinc 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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Official website here: www.stanthonyhall.org
What is the mission statement of St Anthony Educational Foundationinc?
The St. Anthony Educational Foundation's primary objective is to motivate and fund the educational and cultural activities of its members, primarily from St. Anthony Hall. The foundation aims to promote intellectual growth and responsible citizenship among its members. It achieves this by providing scholarships and grants for qualifying projects. As the primary source of support for enriching programs and activities for St. Anthony Hall's individual members and chapters, the foundation plays a significant role in elevating their academic and intellectual standards. One of the most prominent ways it accomplishes this is through the distribution of grants and scholarships.
Official website here: www.stanthonyhall.org
Who is the CEO of St Anthony Educational Foundationinc?
Alice D Rha is the President of St Anthony Educational Foundationinc.
Official website here: www.stanthonyhall.org
What is the revenue of St Anthony Educational Foundationinc?
St Anthony Educational Foundationinc's revenue in 2022 was $489,477.
Official website here: www.stanthonyhall.org
Who are the executives of St Anthony Educational Foundationinc and what are their salaries?
There 25 volunteers at St Anthony Educational Foundationinc.
Here are 10 key members and their salaries:
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Official website here: www.stanthonyhall.org
Where can I find the form 990 for St Anthony Educational Foundationinc?
St Anthony Educational Foundationinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stanthonyhall.org
Learn more at the official website: www.stanthonyhall.org
Mission Statement of St Anthony Educational Foundationinc
St. Anthony Educational Foundation, as a secular public charity, plays a significant role in encouraging and supporting the educational and cultural activities of its members belonging to St. Anthony Hall. The organization's mission is multifaceted, aiming to enhance the intellectual growth of its members and foster responsible citizenship. St. Anthony Educational Foundation serves as the primary source of support for programs and activities that enrich St. Anthony Hall's individual members and chapters from an academic and intellectual standpoint. One of the most prominent ways it achieves this is by offering scholarships and grants for qualifying projects. Through these initiatives, the foundation aims to foster intellectual development and responsible citizenship among its members.
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Impact
July, 2024
St. Anthony Educational Foundationinc's impact can be seen in the numerous grants and scholarships it awards to individuals and chapters, allowing them to expand their scholarly pursuits and enrich campus life through activities like lectures and workshops. These grants also support the development of leadership skills among undergraduate and graduate organization leaders, ensuring that St. Anthony Hall chapters thrive in challenging social climates. By encouraging and supporting educational and cultural activities, the Foundation plays a crucial role in enhancing members' intellects and fostering responsible citizenship within the St. Anthony Hall community.
This information is meant to be a general summary of St Anthony Educational Foundationinc. 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 2022.
- Investment Income: $444,195
- Gross Receipts: $1,273,910
Assets and Liabilities:
- Total Assets: $4,718,190
- Total Liabilities: $15,440
- Net Assets: $4,702,750
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Organization Details
Founding Year
1956
Phone
(888) 580-9349Principal Officer
Alice D Rha
Main Address
1417 SHELBY STREET, INDIANAPOLIS, IN, 46203
Website
www.stanthonyhall.orgNTEE Category
Code: B84 - Education
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