Overview
What is Charles R And Karen P Stephenson Family Foundation?
The Charles R and Karen P Stephenson Family Foundation is a supporting organization, categorized as Type 1, in association with the Tulsa Community Foundation (TCF). Located in West Point, Mississippi, the foundation's primary objective is to distribute funds to TCF, which then disperses these contributions to various charitable organizations. The foundation's mission aligns with publicly supported organizations, such as TCF, that fall under Section 501(C)(3) and 509(A)(1) or (2) of the Internal Revenue Code. These organizations engage in charitable activities that are consistent with TCF's charitable purposes. The specific role of the Charles R and Karen P Stephenson Family Foundation is to benefit, support, and carry out the objectives of these publicly supported organizations, thereby contributing to their charitable activities.
Is Charles R And Karen P Stephenson Family Foundation legitimate?
Charles R And Karen P Stephenson Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charles R And Karen P Stephenson Family 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Charles R And Karen P Stephenson Family Foundation?
The Charles R and Karen P Stephenson Family Foundation is organized for the primary purpose of supporting charitable organizations that fall under sections 501(C)(3) and 509(A)(1) or (2) of the Internal Revenue Code. Their mission aligns with the charitable purposes of Tulsa Community Foundation, and they engage in charitable activities that are consistent with this foundation's objectives. The family foundation's role is to benefit, perform functions for, or carry out the purposes of these publicly supported organizations, ultimately contributing to their charitable activities.
Who is the CEO of Charles R And Karen P Stephenson Family Foundation?
Charles Stephenson is the Tcf Cl Director of Charles R And Karen P Stephenson Family Foundation.
What is the revenue of Charles R And Karen P Stephenson Family Foundation?
Charles R And Karen P Stephenson Family Foundation's revenue in 2022 was $467,978.
Who are the executives of Charles R And Karen P Stephenson Family Foundation and what are their salaries?
There 7 volunteers at Charles R And Karen P Stephenson Family Foundation.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $575,598
- Other: $58,355
- Compensation: $0
- Related: $195,552
- Other: $31,670
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $542,440
- Other: $57,498
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Charles R And Karen P Stephenson Family Foundation?
Charles R And Karen P Stephenson Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Charles R And Karen P Stephenson Family Foundation
The Charles R and Karen P Stephenson Family Foundation is established with the primary objective of supporting and contributing to the charitable activities of publicly backed organizations that align with the philanthropic goals of Tulsa Community Foundation. Specifically, this foundation aims to benefit and further the functions of organizations categorized under sections 501(C)(3) and 509(A)(1) or (2) of the Internal Revenue Code. These organizations engage in charitable pursuits that coincide with the charitable objectives of Tulsa Community Foundation. The Charles R and Karen P Stephenson Family Foundation's mission is to advance the causes and purposes of these charitable organizations by providing them with the necessary support and resources.
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Impact
October, 2024
The Charles R And Karen P Stephenson Family Foundation plays a crucial role in enhancing community well-being through its support of various charitable activities. By operating as a Type 1 supporting organization for the Tulsa Community Foundation, it channels resources to a range of initiatives that align with the mission of fostering public support and philanthropy.
Through its structured distributions to the Tulsa Community Foundation, the foundation maximizes its impact by enabling TCF to further allocate funds to diverse charitable organizations. This strategic collaboration enhances community improvement efforts, ensuring that resources are effectively utilized to address local needs. The foundation's commitment to philanthropy not only supports existing charitable programs but also contributes to cultivating a robust culture of giving within the community, ultimately benefiting those it serves.
This information is meant to be a general summary of Charles R And Karen P Stephenson Family 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: $478,119
- Gross Receipts: $488,885
Assets and Liabilities:
- Total Assets: $2,641,277
- Total Liabilities: $4,500
- Net Assets: $2,636,777
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Organization Details
Founding Year
2004
Phone
(918) 712-8487Principal Officer
Charles Stephenson
Main Address
1852 WAVERLEY MANSION ROAD, WEST POINT, MS, 39773
NTEE Category
Code: S11 - Community improvement
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