Overview
What is Lafayette Area Catholic School Foundation Inc?
Lafayette Area Catholic School Foundation Inc, situated in Lafayette, Indiana, is a nonprofit organization committed to supporting the Lafayette Area Catholic School System, a 501(C)(3) entity. By retaining and investing contributions, this foundation aims to generate income for the aforementioned school system. The primary focus of Lafayette Area Catholic School Foundation Inc is to contribute financially to the betterment of the Catholic educational system in the area.
Is Lafayette Area Catholic School Foundation Inc legitimate?
Lafayette Area Catholic School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafayette Area Catholic School Foundation Inc 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.
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What is the mission statement of Lafayette Area Catholic School Foundation Inc?
The Lafayette Area Catholic School Foundation Inc's mission is centered around retaining and investing contributions, with the primary objective of providing income to local Catholic schools. This 501(c)(3) organization serves to support the Lafayette Area Catholic School System, ensuring the net income from investments is channeled towards its upkeep. The foundation's primary role is to financially sustain the Catholic educational system in the area.
Who is the CEO of Lafayette Area Catholic School Foundation Inc?
Michael Gibson is the Director of Lafayette Area Catholic School Foundation Inc.
What is the revenue of Lafayette Area Catholic School Foundation Inc?
Lafayette Area Catholic School Foundation Inc's revenue in 2022 was $243,668.
Who are the executives of Lafayette Area Catholic School Foundation Inc and what are their salaries?
There 16 volunteers at Lafayette Area Catholic School Foundation Inc.
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Where can I find the form 990 for Lafayette Area Catholic School Foundation Inc?
Lafayette Area Catholic School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lafayette Area Catholic School Foundation Inc
Lafayette Area Catholic School Foundation Inc is committed to retaining and investing contributions, with the primary goal of providing income to Lafayette Area Catholic Schools, a 501(C)(3) organization. Essentially, the foundation's mission is to support the educational system by utilizing the income generated from its investments. All the net income derived from these investments is channeled towards the upkeep and betterment of the Lafayette Area Catholic School System. By doing so, the foundation contributes significantly to the continued operation and growth of the educational institution, ultimately advancing the learning opportunities for students within the Lafayette community.
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Impact
October, 2024
Lafayette Area Catholic School Foundation Inc significantly enhances the educational landscape of Lafayette Area Catholic Schools by managing and investing contributions. The foundation’s primary focus is to generate income that supports the schools, ensuring they have the financial resources needed to provide quality education to students.
By retaining and wisely investing donations, the foundation ensures a consistent flow of net income that directly benefits the educational system. This support can manifest in various ways, including funding for educational programs, resources for teachers, scholarships for students, and maintenance of school facilities. The overall impact fosters a thriving educational environment, empowering students to achieve academic excellence and reinforcing the community's commitment to providing quality Catholic education. Through its efforts, Lafayette Area Catholic School Foundation Inc plays a vital role in sustaining and enriching the Catholic educational experience for families in the Lafayette area.
This information is meant to be a general summary of Lafayette Area Catholic School Foundation Inc. 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: $238,777
- Gross Receipts: $429,078
Assets and Liabilities:
- Total Assets: $2,526,891
- Total Liabilities: $0
- Net Assets: $2,526,891
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Organization Details
Founding Year
1975
Phone
(765) 423-2277Principal Officer
Michael Gibson
Main Address
428 N 4TH ST, LAFAYETTE, IN, 47901
NTEE Category
Code: B25 - Education
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