Overview
What is Square And Compasses Holding?
Square and Compasses Holding is a nonprofit entity based in Bellaire, Texas, with an address at 4919 Spruce. Its primary mission is to support the Texas Masonic Charities Foundation, which in turn provides financial aid to various charitable organizations within Texas. Acting as an endowment fund, Square and Compasses Holding makes grants to these specified charities, contributing to their operations and impact within the state.
Is Square And Compasses Holding legitimate?
Square And Compasses Holding is a legitimate nonprofit organization registered as a 501(c)(3) entity. Square And Compasses Holding 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 Square And Compasses Holding?
Square and Compasses Holding serves as an endowment fund, dedicated to granting resources to specified charities within Texas. Its primary mission is to provide financial support for the Texas Masonic Charities Foundation. This foundation, in turn, dispenses funds to various Masonic charities in the state, contributing to their cause and impact. By doing so, Square and Compasses Holding plays a crucial role in enhancing the charitable endeavors within Texas's Masonic community.
Who is the CEO of Square And Compasses Holding?
Rick Townsend is the President of Square And Compasses Holding.
What is the revenue of Square And Compasses Holding?
Square And Compasses Holding's revenue in 2022 was $283,194.
Who are the executives of Square And Compasses Holding and what are their salaries?
There 7 volunteers at Square And Compasses Holding.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Square And Compasses Holding?
Square And Compasses Holding's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Square And Compasses Holding
Square And Compasses Holding serves as an endowment fund, dedicating its resources to supporting specific charities within the state of Texas. By acting as a financial backbone, this organization plays a crucial role in providing funds to Masonic charities, thereby extending its reach and impact. The primary mission of Square And Compasses Holding is to offer general support to the Texas Masonic Charities Foundation, an entity that channels these funds to various Masonic charities. This continuous financial assistance enables the Masonic charities to carry out their noble causes and make a positive impact within their respective communities.
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Impact
October, 2024
Square And Compasses Holding significantly impacts Texas communities by establishing an endowment fund dedicated to making grants to designated charities. Their commitment to philanthropy enables them to provide vital support to the Texas Masonic Charities Foundation, which in turn distributes funds to various Masonic charities. This financial backing enhances the operational capacity of these charitable organizations, allowing them to deliver essential services and programs that benefit individuals and families in need throughout the state. By fostering a culture of giving and support, Square And Compasses Holding plays a crucial role in strengthening the philanthropic landscape in Texas.
This information is meant to be a general summary of Square And Compasses Holding. 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: $283,194
- Gross Receipts: $283,194
Assets and Liabilities:
- Total Assets: $12,179,474
- Total Liabilities: $0
- Net Assets: $12,179,474
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Organization Details
Founding Year
2007
Phone
(713) 416-1766Principal Officer
Rick Townsend
Main Address
4919 SPRUCE, BELLAIRE, TX, 77401
NTEE Category
Code: T30 - Philanthropy
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