Overview
What is Glenwood Church Foundation?
Glenwood Church Foundation is a nonprofit organization based in Columbus, Ohio. Their primary function involves managing trust assets, which are then utilized to generate income. This income is subsequently distributed to the charities as outlined in their governing document. The foundation's mission is centered around financial management, aiming to provide a steady stream of funds for the listed charities. The foundation operates with a commitment to its charitable objectives, ensuring the well-being of the organizations it supports.
Is Glenwood Church Foundation legitimate?
Glenwood Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glenwood Church 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: $7,473
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Glenwood Church Foundation?
The Glenwood Church Foundation's mission is centered around investing its trust assets to generate income. This income is subsequently distributed to the charities as outlined in the governing document. The foundation's primary goal is to support these specified charities financially. The foundation makes quarterly payments to Glenwood Lutheran Church, indicating an ongoing commitment to its charitable causes.
What is the revenue of Glenwood Church Foundation?
Glenwood Church Foundation's revenue in 2023 was $24,401.
Who are the executives of Glenwood Church Foundation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $7,473
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Glenwood Church Foundation?
Glenwood Church Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Glenwood Church Foundation
Glenwood Church Foundation's mission revolves around managing its trust assets with the primary objective of generating income. This income is then distributed to the charities as outlined in the governing document. Essentially, the foundation's role is to invest its assets in a manner that yields income, which is subsequently disbursed to the specified charities. This mission serves to support various charitable organizations, contributing to their causes and making a difference in various communities.
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Impact
October, 2024
Glenwood Church Foundation has a significant impact by investing trust assets to generate income that supports various charitable endeavors, particularly those outlined in their governing documents. By providing quarterly unitrust payments to Glenwood Lutheran Church, the foundation helps sustain and enhance the church's programs and outreach initiatives. This model of financial stewardship ensures that the church can continue its mission and serve the community in Columbus, Ohio, fostering a vibrant religious atmosphere and contributing to local charitable causes. The foundation's commitment to responsible asset management enables a steady flow of resources, empowering the church to fulfill its vision and reach those in need.
This information is meant to be a general summary of Glenwood Church 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 2023.
- Investment Income: $17,577
- Gross Receipts: $164,077
Assets and Liabilities:
- Total Assets: $1,042,251
- Total Liabilities: $0
- Net Assets: $1,042,251
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Organization Details
Founding Year
1968
Principal Officer
Huntington National Bank
NTEE Category
Code: X20 - Religion related
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