Overview
What is Casa De Amigos Endowment Foundation?
Casa De Amigos Endowment Foundation is a charitable organization primarily dedicated to supporting Casa De Amigos of Midland, Texas, INC. The foundation operates a permanent endowment fund, which it manages, invests, and develops for the long-term benefit of Casa De Amigos. This involves making grants in line with its mission and engaging in activities approved by its board of directors, all with the ultimate goal of benefiting Casa De Amigos. Casa De Amigos, in turn, focuses on various initiatives to aid its community. The endowment foundation's activities are geared towards ensuring the long-term success and growth of Casa De Amigos, thereby contributing to its overall mission and objectives.
Is Casa De Amigos Endowment Foundation legitimate?
Casa De Amigos Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casa De Amigos Endowment Foundation 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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What is the mission statement of Casa De Amigos Endowment Foundation?
The Casa De Amigos Endowment Foundation operates with the sole purpose of benefiting Casa De Amigos of Midland, Texas, Inc. It achieves this by managing a permanent endowment fund for the organization's long-term benefit, making grants in accordance with this fund, and engaging in activities approved by its board of directors that support or benefit Casa De Amigos. The foundation's primary goal is to ensure the long-term success and wellbeing of Casa De Amigos.
Who is the CEO of Casa De Amigos Endowment Foundation?
Lael Cordes-Pitts is the President of Casa De Amigos Endowment Foundation.
What is the revenue of Casa De Amigos Endowment Foundation?
Casa De Amigos Endowment Foundation's revenue in 2022 was $205,790.
Who are the executives of Casa De Amigos Endowment Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Casa De Amigos Endowment Foundation?
Casa De Amigos Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Casa De Amigos Endowment Foundation
Casa De Amigos Endowment Foundation is dedicated to serving Casa De Amigos of Midland, Texas, Inc. in a beneficial capacity. The endowment foundation accomplishes this by managing a permanent fund, which is utilized for the long-term advantage of Casa De Amigos. This involves making grants that align with the organization's objectives and engaging in activities approved by the Endowment Foundation's board of directors, all with the purpose of supporting or benefiting Casa De Amigos. The Casa De Amigos Endowment Foundation operates with the sole intention of aiding Casa De Amigos in its mission, ensuring its long-term prosperity and success.
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Impact
October, 2024
The Casa De Amigos Endowment Foundation has a significant impact on the community by ensuring the long-term sustainability and support of Casa de Amigos of Midland, Texas. By developing and managing a permanent endowment fund, the foundation secures resources that allow Casa de Amigos to continue providing vital human services to the community.
Through strategic investment and careful management of the endowment, the foundation generates funds for grants that directly benefit Casa de Amigos, enabling it to enhance its programs and services. This financial stability allows Casa de Amigos to focus on its mission, which includes offering support to underserved populations, providing educational resources, and fostering community engagement. The foundation's efforts thus play a crucial role in empowering Casa de Amigos to meet the evolving needs of those it serves, ultimately creating a lasting positive impact in Midland and the surrounding areas.
This information is meant to be a general summary of Casa De Amigos Endowment Foundation. 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: $130,925
- Gross Receipts: $205,790
Assets and Liabilities:
- Total Assets: $2,459,405
- Total Liabilities: $0
- Net Assets: $2,459,405
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Organization Details
Founding Year
2003
Phone
(432) 682-9701Principal Officer
Lael Cordes-Pitts
Main Address
1101 EAST GARDEN LANE, MIDLAND, TX, 79701
NTEE Category
Code: P11 - Human services
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