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Pinnacle Presbyterian Church Foundation

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

EIN: 203772264 ✦ Scottsdale, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Pinnacle Presbyterian Church Foundation?

The Pinnacle Presbyterian Church Foundation is a charitable organization dedicated to supporting the long-term financial needs of the Pinnacle Presbyterian Church in Scottsdale, Arizona. Their primary role involves actively soliciting donations and raising funds while educating church members about these capital requirements. The foundation manages the donated funds, directing them as per the donor's specifications, and distributing undesignated funds or returns from investments to the church, subject to approval by the foundation trustees. This organization plays a key role in the church's planned giving program, ensuring that gifts can be restricted or donor-designated, while also educating the church community on financial and long-term capital matters.


Official website here: www.pinnaclepres.org

Is Pinnacle Presbyterian Church Foundation legitimate?

Pinnacle Presbyterian Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pinnacle Presbyterian Church 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

For more financial information, click here


Official website here: www.pinnaclepres.org

What is the mission statement of Pinnacle Presbyterian Church Foundation?

The Pinnacle Presbyterian Church Foundation's mission is centered around actively soliciting and managing donations for the church's long-term needs. They play a crucial role in the church's planned giving program, allowing donors to restrict or designate their gifts as they wish. The foundation also educates the church community about financial and long-term capital matters, ensuring transparency and understanding in the management of these funds. By investing and monitoring the use and distribution of these funds, the foundation is an integral part of the church's financial strategy.


Official website here: www.pinnaclepres.org

Who is the CEO of Pinnacle Presbyterian Church Foundation?

Robert Armstrong is the President of Pinnacle Presbyterian Church Foundation.


Official website here: www.pinnaclepres.org

What is the revenue of Pinnacle Presbyterian Church Foundation?

Pinnacle Presbyterian Church Foundation's revenue in 2022 was $73,077.


Official website here: www.pinnaclepres.org

Who are the executives of Pinnacle Presbyterian Church Foundation and what are their salaries?

There 13 volunteers at Pinnacle Presbyterian Church Foundation.


Here are 11 key members and their salaries:


Susan Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Armstrong (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Avram (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Mclntosh (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Conover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth O'Brien (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Khoobyarian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Christoph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Colberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bacon (Treasurer (Thru 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Thompson (President (Thru 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pinnaclepres.org

Where can I find the form 990 for Pinnacle Presbyterian Church Foundation?

Pinnacle Presbyterian Church Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pinnaclepres.org

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

Mission Statement of Pinnacle Presbyterian Church Foundation

The Pinnacle Presbyterian Church Foundation is committed to actively promoting and securing donations for the long-term capital needs of Pinnacle Presbyterian Church. As a key element of the church's planned giving program, the foundation invests and monitors the use and distribution of these funds. The foundation educates the church congregation about financial and long-term capital matters, ensuring that both restricted and donor-designated gifts are managed effectively. The foundation's role also extends to directing the designated funds as specified by the grantor and distributing undesignated funds, as well as returns from investments, to the church, subject to the approval of the foundation's trustees.

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Impact




October, 2024

Pinnacle Presbyterian Church Foundation plays a vital role in securing and managing financial resources to support the long-term capital needs of Pinnacle Presbyterian Church. By actively promoting and securing gifts, the Foundation ensures a sustainable financial future for the congregation. It also focuses on educating church members about the importance of planned giving and financial stewardship, fostering an environment where generosity can flourish.

The Foundation diligently manages donated funds, ensuring they are allocated according to the preferences of donors. This careful oversight of resources allows for targeted contributions that address specific needs within the church community. Furthermore, the distribution of undesignated funds and investment returns is guided by the Foundation Trustees, all aimed at bolstering the church’s mission and operational strength.

Through these initiatives, the Foundation not only enhances the financial resilience of Pinnacle Presbyterian Church but also strengthens the community’s engagement and understanding of philanthropy. This creates a culture of giving that supports both the current needs and future growth of the church, ensuring it continues to thrive in the Scottsdale area.




This information is meant to be a general summary of Pinnacle Presbyterian Church 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.

Revenue
$73,077 (2022)
Expenses
$71,924 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30,517
  • Gross Receipts: $138,152

Assets and Liabilities:

  • Total Assets: $1,075,523
  • Total Liabilities: $0
  • Net Assets: $1,075,523

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Organization Details

Founding Year

2005

Principal Officer

Robert Armstrong

Main Address

25150 N PIMA RD, SCOTTSDALE, AZ, 85255

NTEE Category

Code: T30 - Philanthropy

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