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Compassion And Charity Fund

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

EIN: 261615917 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

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Overview

What is Compassion And Charity Fund?

Compassion and Charity Fund is a charitable initiative established to empower BBVA employees. Employees can donate a portion of their earnings to preferred 501(c)(3) non-profit organizations or contribute through payroll deductions via the Volunteer Connection platform. This fund serves as a way for BBVA employees to extend their generosity to various causes they care about. Furthermore, Compassion and Charity Fund offers financial aid to BBVA employees who encounter catastrophic events or personal hardships, providing them with much-needed support during challenging times.

Is Compassion And Charity Fund legitimate?

Compassion And Charity Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compassion And Charity Fund 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 Compassion And Charity Fund?

The Compassion and Charity Fund serves as a platform for BBVA employees to extend charitable contributions to their preferred non-profit organizations. Additionally, the fund provides financial aid to BBVA employees who may be experiencing a catastrophic event or personal hardship. Employees can contribute through one-time donations or regular payroll deductions using the Volunteer Connection platform. This initiative empowers BBVA employees to offer support to both chosen organizations and their fellow employees in times of need.

What is the revenue of Compassion And Charity Fund?

Compassion And Charity Fund's revenue in 2021 was $604,373.

Who are the executives of Compassion And Charity Fund and what are their salaries?

There 6 volunteers at Compassion And Charity Fund.

Here are 6 key members and their salaries:


Rosilyn Houston Thru July (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Reymundo Ocanas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
B Shane Clanton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Cunningham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Ray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Compassion And Charity Fund?

Compassion And Charity Fund's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Compassion And Charity Fund

The Compassion and Charity Fund serves as a platform for BBVA employees to extend their charitable contributions to various non-profit organizations they choose to support. Additionally, this fund provides financial aid to BBVA employees who find themselves in the midst of a catastrophic event or personal hardship. Through the Volunteer Connection platform, employees can make donations either as one-time transactions or via payroll deductions, demonstrating their commitment to supporting worthy causes and lending a helping hand to their colleagues in need.

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Impact




October, 2024

Compassion And Charity Fund plays a pivotal role in enhancing the philanthropic efforts of BBVA employees by facilitating charitable contributions to a variety of qualified nonprofit organizations. It empowers employees to support causes they care about through flexible giving options such as one-time donations or payroll deductions. This initiative not only fosters a culture of giving but also enables employees to directly impact their communities by choosing organizations that align with their values.

In addition to supporting external nonprofit organizations, the Fund provides essential financial relief to BBVA employees facing catastrophic events or personal hardships. This dual focus on both community support and employee assistance strengthens the internal community within BBVA, ensuring that employees can rely on each other during challenging times while also contributing to broader societal improvement.

Through its efforts, Compassion And Charity Fund cultivates a sense of unity and social responsibility among employees, encouraging a spirit of compassion that extends beyond the workplace into local and national communities.




This information is meant to be a general summary of Compassion And Charity Fund. 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
$604,373 (2021)
Expenses
$930,418 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $167
  • Gross Receipts: $604,373

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2007

Principal Officer

J Reymundo Ocanas

NTEE Category

Code: T20 - Philanthropy

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