Overview
What is St Ambrose Endowment Foundation?
St. Ambrose Endowment Foundation is a nonprofit organization situated in Brunswick, Ohio, with its headquarters at 929 Pearl Road. The primary source of revenue for this organization comes from donations from the general public. Embracing the principles, teachings, and philosophy of the Roman Catholic Church, the foundation's mission is centered around providing charitable, religious, educational, and social services. The nonprofit's activities are consistent with this Catholic-based ethos, contributing positively to the community in various ways.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
St Ambrose Endowment Foundation has achieved a solid Three-Star rating from Charity Navigator, reflecting a commitment to accountability and financial health. The foundation's score is derived entirely from its strong performance in the Accountability & Finance category, highlighting its effective governance and transparency practices. The fiscal information is based on the most recent fiscal year, FY2022, which showcases the foundation's operational integrity.
One of the organization's notable strengths is its fully independent board, consisting of five members, which contributes to its robust oversight practices. The foundation has demonstrated no issues concerning the diversion of assets and maintains a comprehensive conflict of interest policy. Additionally, it effectively documents board meeting minutes, further underscoring its commitment to transparency and accountability.
However, while the foundation excels in financial management with a program expense ratio of 100% and a liabilities to assets ratio of 0.00%, there are no additional details provided regarding its specific programs or impact outcomes. Potential donors may want to consider these aspects to better understand the foundation's overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is St Ambrose Endowment Foundation legitimate?
St Ambrose Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Ambrose 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.
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
What is the mission statement of St Ambrose Endowment Foundation?
The St Ambrose Endowment Foundation is dedicated to carrying out charitable, religious, educational, and social services that align with the principles, teachings, and philosophy of the Roman Catholic Church. Their mission is to serve these sectors with the revenue primarily sourced from donations from the general public. The foundation's activities are guided by the teachings of the Roman Catholic Church, aiming to make a positive impact in various communities.
Who is the CEO of St Ambrose Endowment Foundation?
Thomas Welsh is the Member of St Ambrose Endowment Foundation.
What is the revenue of St Ambrose Endowment Foundation?
St Ambrose Endowment Foundation's revenue in 2022 was $133,994.
Who are the executives of St Ambrose Endowment Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for St Ambrose Endowment Foundation?
St Ambrose Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Ambrose Endowment Foundation
St. Ambrose Endowment Foundation is committed to carrying out charitable, religious, educational, and social service initiatives that align with the principles, teachings, and philosophy of the Roman Catholic Church. This nonprofit organization’s mission is to make a positive impact in various communities, guided by the values and beliefs of the Roman Catholic Church. The source of its revenue primarily comes from donations from the general public, indicating a strong reliance on community support and goodwill.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The St. Ambrose Endowment Foundation significantly impacts the Brunswick community by focusing on charitable, religious, educational, and social services that align with the principles and teachings of the Roman Catholic Church. Through generous donations from the public, the foundation supports various initiatives aimed at enhancing the welfare of individuals and families, fostering community development, and promoting educational opportunities. By providing resources and funding, the foundation plays a crucial role in addressing local needs, ensuring that essential services are accessible to those who require assistance, and nurturing a sense of community grounded in shared values. Its efforts contribute not only to immediate relief but also to long-term community growth and cohesion.
This information is meant to be a general summary of St Ambrose 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: $18,504
- Gross Receipts: $133,994
Assets and Liabilities:
- Total Assets: $1,369,369
- Total Liabilities: $0
- Net Assets: $1,369,369
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2007
Phone
(330) 460-7300Principal Officer
Thomas Welsh
Main Address
929 PEARL ROAD, BRUNSWICK, OH, 44212
NTEE Category
Code: X11 - Religion related
If you are a representative of St Ambrose Endowment Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.