Overview
What is Ymca Foundation Of Greater Indianapolis?
The YMCA Foundation of Greater Indianapolis is a charitable organization that was established in 1965 with the purpose of supporting the mission of the YMCA of Greater Indianapolis. Donors contribute funds to the foundation, which are then invested to generate income. This earned income is disbursed as grants, ensuring the YMCA can meet its current and future needs as circumstances evolve. In 2022, the foundation provided a grant of $162,045 to the YMCA of Greater Indianapolis to support urban/inner-city programs for children and teens. The foundation serves as a platform for individuals, corporations, and foundations to contribute to the YMCA's cause, furthering its impact in the community.
Is Ymca Foundation Of Greater Indianapolis legitimate?
Ymca Foundation Of Greater Indianapolis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymca Foundation Of Greater Indianapolis 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:
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What is the mission statement of Ymca Foundation Of Greater Indianapolis?
The YMCA Foundation of Greater Indianapolis was established with the purpose of offering avenues for individuals, corporations, and foundations to contribute towards enhancing the mission of the YMCA of Greater Indianapolis. This is achieved through donations in the form of cash, stocks, bonds, or other assets. The funds raised generate investment income, a portion of which is disbursed as grants to support the current and future needs of the YMCA. In 2022, the foundation granted $162,045 to the YMCA to uphold urban and inner-city programs for children and teens. The foundation's role is to ensure the YMCA's mission endures, adapting to changing conditions.
Who is the CEO of Ymca Foundation Of Greater Indianapolis?
Unavailable The CEO's salary of Ymca Foundation Of Greater Indianapolis is $0 and their total compensation is $290,058.
What is the revenue of Ymca Foundation Of Greater Indianapolis?
Ymca Foundation Of Greater Indianapolis's revenue in 2022 was $292,010.
Who are the executives of Ymca Foundation Of Greater Indianapolis and what are their salaries?
There 13 volunteers at Ymca Foundation Of Greater Indianapolis.
Here are 16 key members and their salaries (Ymca Foundation Of Greater Indianapolis's CEO's salary is $0 and their total compensation is $290,058):
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- Related: $238,241
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- Related: $160,287
- Other: $27,879
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- Related: $165,785
- Other: $44,012
Where can I find the form 990 for Ymca Foundation Of Greater Indianapolis?
Ymca Foundation Of Greater Indianapolis's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ymca Foundation Of Greater Indianapolis
The YMCA Foundation of Greater Indianapolis was established with a mission to offer opportunities for individuals, corporations, and foundations to contribute towards enhancing the mission of the YMCA of Greater Indianapolis. This is achieved through gifts of various forms, such as cash, stocks, bonds, or other property. The purpose of these donations is to transform them into assets, generating investment income. The disbursement of this earned income, in the form of grants, is crucial to ensuring that the current and future needs of the YMCA are met, as circumstances may change. In 2022, the YMCA Foundation granted $162,045 to the YMCA of Greater Indianapolis to support their urban/inner-city programs for children and teens. This underscores the foundation's commitment to contributing to the betterment of the YMCA's mission, particularly for its younger members.
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Impact
October, 2024
The YMCA Foundation of Greater Indianapolis plays a vital role in supporting the mission of the YMCA of Greater Indianapolis by providing financial resources that enhance community programs. Established in 1965, the Foundation generates investment income from donations made by individuals, corporations, and foundations, creating a sustainable funding source for the YMCA’s initiatives.
In 2022, the Foundation contributed $162,045 in grant funding specifically aimed at supporting urban and inner-city programs for children and teens. This financial support is critical in adapting to the evolving needs of the community, ensuring that valuable services remain accessible to those who need them most.
By focusing on long-term sustainability and growth, the YMCA Foundation of Greater Indianapolis significantly impacts the well-being of individuals and families in the region, particularly through programs that promote youth development, healthy living, and community engagement.
This information is meant to be a general summary of Ymca Foundation Of Greater Indianapolis. 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: $277,010
- Gross Receipts: $4,419,536
Assets and Liabilities:
- Total Assets: $21,186,088
- Total Liabilities: $16,021,829
- Net Assets: $5,164,259
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Organization Details
Founding Year
1965
Phone
(317) 266-9662Main Address
6610 North Shadeland Avenue, Indianapolis, IN, 46220
NTEE Category
Code: P20 - Human services
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