St Charles Preparatory School Endowment Fund

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

EIN: 316332345 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is St Charles Preparatory School Endowment Fund?

The St Charles Preparatory School Endowment Fund is a charitable initiative, based in Columbus, Ohio, specifically at 250 East Broad Street 1100. Its primary objective is to establish an endowment fund for the benefit of St. Charles Preparatory School. This fund serves multiple purposes, including providing scholarship aid to selected students, directly subsidizing the school through approved measures by the trustees, and contributing to teacher recruitment and retention, technological advancements, and building expansion. The fund's activities aim to strengthen the school's resources and overall educational environment.

Is St Charles Preparatory School Endowment Fund legitimate?

St Charles Preparatory School Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Charles Preparatory School Endowment 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 St Charles Preparatory School Endowment Fund?

The St Charles Preparatory School Endowment Fund's mission is centered around establishing an endowment to support the educational institution. This fund aims to provide scholarship aid to selected students and offer direct subsidies to the school, as approved by the trustees. Furthermore, the fund contributes to teacher recruitment and retention efforts, as well as improvements in technology and potential expansions to the school's facilities.

Who is the CEO of St Charles Preparatory School Endowment Fund?

Timothy M Kelley is the Chairman of St Charles Preparatory School Endowment Fund.

What is the revenue of St Charles Preparatory School Endowment Fund?

St Charles Preparatory School Endowment Fund's revenue in 2022 was $3,036,964.

Who are the executives of St Charles Preparatory School Endowment Fund and what are their salaries?


Here are 9 key members and their salaries:


Timothy M Kelley (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas A Ryan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Groeber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul C Mahler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin A Walsh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Press Southworth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Fyda (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Heller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Horner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Charles Preparatory School Endowment Fund?

St Charles Preparatory School Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St Charles Preparatory School Endowment Fund

The St. Charles Preparatory School Endowment Fund is established with a mission to create a substantial financial resource for St. Charles Preparatory School in Ohio. This mission is centered around providing scholarship aid to select students and offering direct subsidies to the school, as approved by the trustees. A committee of school faculty is responsible for the allocation of these funds. The endowment fund also extends its support to teacher recruitment and retention, as well as improvements in technology and building expansion, furthering the school's growth and development.

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Impact




October, 2024

The St. Charles Preparatory School Endowment Fund has a significant impact on enhancing the educational experience at St. Charles Preparatory School in Columbus, Ohio. By providing financial support through scholarships, the fund enables selected students to access quality education, thereby fostering a diverse and talented student body.

Additionally, the fund allocates resources for direct subsidies to the school, funding critical areas such as teacher recruitment and retention. This ensures that the institution attracts and maintains high-quality educators, thus positively influencing the overall learning environment.

Investment in technology improvements and building expansions further enhances the school's infrastructure, ensuring that students are equipped with modern tools and a conducive atmosphere for learning. Overall, the endowment fund plays a crucial role in sustaining the school's mission and supporting its long-term growth and success.




This information is meant to be a general summary of St Charles Preparatory School Endowment 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
$3,036,964 (2022)
Expenses
$1,102,811 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $883,803
  • Gross Receipts: $5,129,858

Assets and Liabilities:

  • Total Assets: $24,707,091
  • Total Liabilities: $0
  • Net Assets: $24,707,091

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Organization Details

Founding Year

1988

Principal Officer

Timothy M Kelley

Main Address

250 EAST BROAD STREET 1100, COLUMBUS, OH, 43215

NTEE Category

Code: B84 - Education

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