Overview
What is St Aloysius Century Foundation?
The St. Aloysius Century Foundation is a nonprofit organization committed to supporting the educational, religious, and charitable endeavors of the Brothers of the Sacred Heart. Its primary focus is to assist Brother Martin High School in New Orleans, Louisiana, by providing financial aid. This support is in line with the Brothers' own "rule of life" and "educational mission and ministry" document, which emphasizes their educational charism. The foundation achieves this mission by offering grants to Brother Martin High School, thereby contributing to its ongoing operation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The St Aloysius Century Foundation has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With a focus on maintaining high standards, the organization received a perfect score in several key areas, including independent board structure and financial oversight, demonstrating a commitment to transparency and responsible management.
Strengths lie in the foundation's independent governance, as evidenced by its fully independent board and comprehensive financial oversight mechanisms. The absence of material diversions of assets and a well-implemented conflict of interest policy further enhance its credibility. Additionally, the foundation exhibits impressive financial ratios, showcasing efficient fundraising practices and a healthy balance between liabilities and assets.
Despite these strengths, the overall score is solely based on accountability and finance, which may limit insights into the foundation's programmatic impact or effectiveness in meeting its mission. While the financials present a favorable picture, potential donors or supporters might seek additional information about the organization's broader activities and outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is St Aloysius Century Foundation legitimate?
St Aloysius Century Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Aloysius Century 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: $214,267
For more financial information, click here
What is the mission statement of St Aloysius Century Foundation?
The St. Aloysius Century Foundation is established with the purpose of offering financial assistance for educational, religious, and charitable endeavors aligned with the Brothers of the Sacred Heart. Its primary mission is to sustain the educational ethos of the Brothers of the Sacred Heart at Brother Martin High School in New Orleans, Louisiana. This mission is articulated in their rule of life and educational mission and ministry document. The foundation provides financial support to help perpetuate this educational charisma, contributing to the operation of Brother Martin High School through grants.
Who is the CEO of St Aloysius Century Foundation?
Kenneth Spellman is the Director of St Aloysius Century Foundation.
What is the revenue of St Aloysius Century Foundation?
St Aloysius Century Foundation's revenue in 2022 was $3,854,235.
Who are the executives of St Aloysius Century Foundation and what are their salaries?
There 300 volunteers at St Aloysius Century Foundation.
Here are 9 key members and their salaries:
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- Related: $76,952
- Other: $10,748
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- Related: $91,276
- Other: $11,464
Where can I find the form 990 for St Aloysius Century Foundation?
St Aloysius Century Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Aloysius Century Foundation
The St. Aloysius Century Foundation is an organization dedicated to providing financial support for the educational, religious, and charitable endeavors of the Brothers of the Sacred Heart. Its primary mission is to help perpetuate the educational charism of the Brothers of the Sacred Heart at Brother Martin High School in New Orleans, Louisiana. This charism, as expressed in their "rule of life" and "educational mission and ministry" document, is at the heart of the foundation's activities. The St. Aloysius Century Foundation accomplishes this mission by providing grants to Brother Martin High School, ensuring the continuation of the Brothers' educational mission and ministry.
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Impact
October, 2024
St. Aloysius Century Foundation significantly impacts the educational landscape in New Orleans, particularly through its support for Brother Martin High School. By providing financial assistance, the foundation helps to perpetuate the educational charism of the Brothers of the Sacred Heart, which is central to the school’s mission and values.
The foundation's grants directly enhance the quality of education, ensuring that students receive a well-rounded experience that aligns with the Brothers' commitment to academic excellence, religious formation, and charitable service. By fostering an environment where these values can thrive, the foundation contributes to the personal and spiritual development of students, preparing them for future leadership and service in their communities.
Overall, its efforts not only bolster the operational needs of Brother Martin High School but also reinforce a legacy of educational and moral integrity deeply rooted in the traditions of the Brothers of the Sacred Heart.
This information is meant to be a general summary of St Aloysius Century 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: $1,730,904
- Gross Receipts: $12,751,734
Assets and Liabilities:
- Total Assets: $25,921,698
- Total Liabilities: $129,159
- Net Assets: $25,792,539
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Organization Details
Founding Year
1968
Phone
(504) 283-1561Principal Officer
Kenneth Spellman
Main Address
4401 ELYSIAN FIELDS AVENUE, NEW ORLEANS, LA, 70122
NTEE Category
Code: B110 - Education
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