Holy Family Foundation

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

EIN: 251688439 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Holy Family Foundation?

The Holy Family Foundation, located in Pittsburgh, Pennsylvania, is a dedicated nonprofit organization. Its primary mission is to support children and families through fundraising. They accomplish this by providing expertise in fundraising to further Holy Family's mission and ministries, such as Nazareth Prep. The Foundation demonstrated its commitment by granting $1,200,454 to Nazareth Prep for program enhancements, addressing specific needs within their programs. This financial support from the Holy Family Foundation enables organizations like Nazareth Prep to deliver improved services to their communities.


Official website here: www.hfi-pgh.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)

The Holy Family Foundation has achieved an impressive 97% rating, reflecting exceptional performance in accountability and finance. This rating is derived entirely from the charity's strong financial practices, indicating that the organization is effective in managing its resources and maintaining transparency.

Key strengths of the Holy Family Foundation include a fully independent board of directors, excellent financial oversight, and high program expense ratios. Notably, the organization has demonstrated outstanding efficiency in fundraising and has no liabilities that compromise its financial health. The presence of various governance policies further highlights its commitment to ethical practices.

While the foundation shows strong performance metrics, the available data does not indicate any limitations or areas for improvement. Overall, the Holy Family Foundation is positioned as a highly reliable choice for donors looking to support a financially sound and accountable nonprofit organization.


This AI summary has been generated from information found on Charity Navigator.

Is Holy Family Foundation legitimate?

Holy Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy 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: $36,228

For more financial information, click here


Official website here: www.hfi-pgh.org

What is the mission statement of Holy Family Foundation?

The Holy Family Foundation (HFF) is committed to supporting children and families through its fundraising efforts. This organization provides its expertise in fundraising to aid Holy Family's mission and ministries, specifically Nazareth Prep. To accomplish this, HFF grants substantial funds, totaling $1,200,454, for program enhancements at Nazareth Prep, addressing the school's specific needs. The foundation's support empowers Nazareth Prep to improve and expand its programs, ultimately benefitting the children and families it serves.


Official website here: www.hfi-pgh.org

Who is the CEO of Holy Family Foundation?

Sister Linda Yankoski is the Principal Officer of Holy Family Foundation. The CEO's salary of Holy Family Foundation is $0 and their total compensation is $227,700.


Official website here: www.hfi-pgh.org

What is the revenue of Holy Family Foundation?

Holy Family Foundation's revenue in 2022 was $3,887,162.


Official website here: www.hfi-pgh.org

Who are the executives of Holy Family Foundation and what are their salaries?

There 21 volunteers at Holy Family Foundation.


Here are 15 key members and their salaries (Holy Family Foundation's CEO's salary is $0 and their total compensation is $227,700):


Charles C Casalnova (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Clark-Emerick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph G Fischer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Haggerty (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy D Holt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark V Matera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Linda Yankoski Csfn Edd (President/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $227,700
Nicholas P Vari (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Karet (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sexauer (Executive Director)
  • Compensation: $0
  • Related: $136,399
  • Other: $6,095
Morgan O'Brien (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elisa J Cavalier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Van Meter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Galvin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Palastro (Cfo)
  • Compensation: $0
  • Related: $119,952
  • Other: $16,137


Official website here: www.hfi-pgh.org

Where can I find the form 990 for Holy Family Foundation?

Holy Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hfi-pgh.org

Learn more at the official website: www.hfi-pgh.org

Mission Statement of Holy Family Foundation

The Holy Family Foundation, in its mission, offers funding expertise to support the objectives and initiatives of Holy Family, including Nazareth Prep. Their primary role is to raise funds for Holy Family's mission and various ministries, with a significant focus on Nazareth Prep. Through their grant-making efforts, they have provided substantial financial support to Nazareth Prep, amounting to $1,200,454, which was utilized for enhancing their programs. The Holy Family Foundation identifies and addresses specific needs within Nazareth Prep's programs, thereby contributing to their overall development and success.

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Impact




October, 2024

Holy Family Foundation significantly enhances the lives of children and families in the Pittsburgh area through targeted fundraising efforts. By allocating more than $1.2 million in grants to Nazareth Prep, the foundation addresses specific program needs that help improve educational opportunities and resources. Their strategic support enables Nazareth Prep to implement enhancements that are crucial for the development and success of its students. This commitment not only strengthens the local community but also provides essential resources that empower families, ensuring a more promising future for the youth they serve.




This information is meant to be a general summary of Holy 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.

Revenue
$3,887,162 (2022)
Expenses
$2,522,166 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $629,283
  • Gross Receipts: $3,936,928

Assets and Liabilities:

  • Total Assets: $12,747,339
  • Total Liabilities: $168,264
  • Net Assets: $12,579,075

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Organization Details

Founding Year

1992

Principal Officer

Sister Linda Yankoski

Main Address

8235 OHIO RIVER BLVD, PITTSBURGH, PA, 15202

NTEE Category

Code: X20 - Religion related

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