Overview
What is Young Mens Christian Association Foundation Of Greater Lafayette?
The Young Mens Christian Association Foundation of Greater Lafayette is a nonprofit organization situated in Lafayette, Indiana. Its primary goal is to support the mission of the Lafayette Family YMCA by accepting donations from individuals, businesses, foundations, and other potential contributors. The collected funds are transformed into assets, generating investment income. The foundation then disburses a portion of these earnings, in the form of grants, to ensure the YMCA's needs are met. In essence, the Young Mens Christian Association Foundation of Greater Lafayette acts as a bridge between donors and the YMCA, enabling the latter to carry out its initiatives effectively.
Is Young Mens Christian Association Foundation Of Greater Lafayette legitimate?
Young Mens Christian Association Foundation Of Greater Lafayette is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Mens Christian Association Foundation Of Greater Lafayette 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 Young Mens Christian Association Foundation Of Greater Lafayette?
The Young Men's Christian Association Foundation of Greater Lafayette was established to provide individuals, businesses, foundations, and other potential donors with opportunities to contribute towards the mission of a local YMCA, specifically the Lafayette Family YMCA. The foundation's role is to manage the donations, transforming them into assets that generate investment income. The earned income from these investments is then disbursed in the form of grants, ensuring that the YMCA's needs are met effectively. The foundation's purpose is to facilitate philanthropic efforts, thereby supporting the YMCA's mission to empower and uplift the community.
Who is the CEO of Young Mens Christian Association Foundation Of Greater Lafayette?
Robert Smith is the Board Member of Young Mens Christian Association Foundation Of Greater Lafayette.
What is the revenue of Young Mens Christian Association Foundation Of Greater Lafayette?
Young Mens Christian Association Foundation Of Greater Lafayette's revenue in 2022 was $44,520.
Who are the executives of Young Mens Christian Association Foundation Of Greater Lafayette and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Young Mens Christian Association Foundation Of Greater Lafayette?
Young Mens Christian Association Foundation Of Greater Lafayette's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Young Mens Christian Association Foundation Of Greater Lafayette
The Young Men's Christian Association Foundation of Greater Lafayette was established with a mission to provide a platform for individuals, businesses, foundations, and other potential donors to contribute towards the mission of the Lafayette Family YMCA. This foundation serves as a medium for generating investment income through donations, which are then disbursed in the form of grants. These grants are intended to meet the needs of the YMCA, ensuring its continued operation and impact in the community. By providing opportunities for philanthropic contributions, the Young Men's Christian Association Foundation of Greater Lafayette plays a crucial role in supporting the mission and activities of the Lafayette Family YMCA.
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Impact
October, 2024
The Young Men's Christian Association Foundation of Greater Lafayette plays a crucial role in enhancing community well-being by supporting the Lafayette Family YMCA's mission. By facilitating contributions from individuals, businesses, and foundations, it creates a sustainable funding stream that allows the YMCA to offer vital programs and services.
Financial contributions to the foundation are transformed into assets that generate investment income. This income is then disbursed as grants, ensuring that the YMCA can meet the diverse needs of the community effectively. As a result, the foundation not only strengthens the resources available to the YMCA but also amplifies its ability to provide essential human services, fostering a healthier and more engaged community in Lafayette, Indiana.
This information is meant to be a general summary of Young Mens Christian Association Foundation Of Greater Lafayette. 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: $43,270
- Gross Receipts: $141,501
Assets and Liabilities:
- Total Assets: $1,249,654
- Total Liabilities: $0
- Net Assets: $1,249,654
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Organization Details
Founding Year
1988
Phone
(765) 474-3448Principal Officer
Robert Smith
Main Address
3001 S CREASY LANE, LAFAYETTE, IN, 47905
NTEE Category
Code: P27J - Human services
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