Overview
What is Suzanne & Walter Scott Foundation?
The Suzanne & Walter Scott Foundation is a charitable organization based in Omaha, Nebraska, with a mission to distribute funds for various charitable purposes. Specifically, they focus on supporting initiatives in the areas of civic, cultural, health, education, and social services. Operated under the umbrella of the Omaha Community Foundation, the Suzanne & Walter Scott Foundation contributes to enhancing the lives of citizens in the Greater Omaha area by identifying and addressing current and anticipated needs, and raising, managing, and distributing funds accordingly. Additionally, the foundation supports the University of Nebraska, Omaha campus in various projects, in line with the Omaha Community Foundation's mission. The organization has a workforce of 38 individuals dedicated to carrying out these charitable endeavors.
Official website here: www.swscottfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 86% - Three-Star out of Four Star Rating
The Suzanne & Walter Scott Foundation has achieved a solid Three-Star rating from Charity Navigator, reflecting strong accountability and financial health. The organization has a high level of independent board members, indicating effective governance, and has no reported issues concerning the diversion of assets. Additionally, its comprehensive policies and practices around conflict of interest and board meeting documentation are commendable.
Financially, the foundation shows a strong commitment to its programs, with a program expense ratio of 81.19%, which suggests that a significant portion of its resources is directed toward its mission. The organization also maintains a healthy liabilities to assets ratio of just 3.33%, showcasing its fiscal responsibility and stability. The long working capital ratio of 15.31 years further emphasizes its ability to sustain operations over the long term.
While the foundation demonstrates many strengths, the Three-Star rating reflects a recognition that while it is performing well, there may still be areas for improvement to reach higher ratings. Overall, the Suzanne & Walter Scott Foundation appears to be a stable and well-managed organization with a clear focus on its charitable objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Suzanne & Walter Scott Foundation legitimate?
Suzanne & Walter Scott Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suzanne & Walter Scott 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: $1,903,641
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,050,624
For more financial information, click here
Official website here: www.swscottfoundation.org
What is the mission statement of Suzanne & Walter Scott Foundation?
The Suzanne & Walter Scott Foundation is dedicated to dispensing charitable funds in the sectors of civic, cultural, health, education, and social services. In line with this mission, the foundation supports various causes to enhance the lives of individuals and communities. The organization's primary goal aligns with the Omaha Community Foundation, which focuses on improving the quality of life for citizens by addressing current and anticipated needs and managing and distributing funds. The foundation also contributes to other charitable organizations and extends its support to the University of Nebraska, Omaha campus through various projects.
Official website here: www.swscottfoundation.org
Who is the CEO of Suzanne & Walter Scott Foundation?
Christi Annin is the Director (Treasurer) of Suzanne & Walter Scott Foundation. The CEO's salary of Suzanne & Walter Scott Foundation is $791,842 and their total compensation is $829,194.
Official website here: www.swscottfoundation.org
What is the revenue of Suzanne & Walter Scott Foundation?
Suzanne & Walter Scott Foundation's revenue in 2022 was $61,557,215.
Official website here: www.swscottfoundation.org
Who are the executives of Suzanne & Walter Scott Foundation and what are their salaries?
The average compensation at Suzanne & Walter Scott Foundation during 2022 was $130,375. There are 38 employees and 7 volunteers at Suzanne & Walter Scott Foundation.
Here are 16 key members and their salaries (Suzanne & Walter Scott Foundation's CEO's salary is $791,842 and their total compensation is $829,194):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $791,842
- Related: $0
- Other: $37,352
- Compensation: $238,743
- Related: $0
- Other: $16,700
- Compensation: $229,109
- Related: $0
- Other: $34,800
- Compensation: $517,695
- Related: $0
- Other: $37,400
- Compensation: $122,112
- Related: $0
- Other: $2,897
- Compensation: $187,281
- Related: $0
- Other: $24,484
- Compensation: $182,427
- Related: $0
- Other: $31,200
- Compensation: $185,769
- Related: $0
- Other: $7,200
- Compensation: $165,675
- Related: $0
- Other: $32,000
Official website here: www.swscottfoundation.org
Where can I find the form 990 for Suzanne & Walter Scott Foundation?
Suzanne & Walter Scott Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swscottfoundation.org
Learn more at the official website: www.swscottfoundation.org
Mission Statement of Suzanne & Walter Scott Foundation
The Suzanne & Walter Scott Foundation is a charitable organization dedicated to distributing funds in the sectors of civic, cultural, health, education, and social services. This mission aligns with the objectives of the Omaha Community Foundation, whose ultimate goal is to enhance the quality of life in the greater Omaha area by addressing current and anticipated needs while managing and distributing funds. The Suzanne & Walter Scott Foundation contributes to this endeavor by granting resources to various charitable organizations in accordance with the mission of the Omaha Community Foundation. Furthermore, the Foundation extends its support to the University of Nebraska, Omaha campus, participating in various projects.
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Impact
October, 2024
The Suzanne & Walter Scott Foundation significantly enhances the quality of life in the greater Omaha area by distributing funds for charitable purposes across various sectors including civic, cultural, health, education, and social services. By aligning its mission with the Omaha Community Foundation, it actively identifies and addresses the community’s current and anticipated needs.
Through strategic funding initiatives, the foundation supports numerous projects that strengthen education at the University of Nebraska, Omaha Campus, as well as various local charitable organizations. This broad support fosters community development, encourages cultural enrichment, and addresses critical health and social service needs, ultimately contributing to a vibrant and resilient community. The foundation's impact is evident in the improvements made in civic engagement, cultural awareness, and overall social welfare within Omaha.
This information is meant to be a general summary of Suzanne & Walter Scott 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 2022.
- Investment Income: $3,101,950
- Program Service Revenue: $1,479,000
- Gross Receipts: $131,244,790
Assets and Liabilities:
- Total Assets: $456,659,077
- Total Liabilities: $15,215,963
- Net Assets: $441,443,114
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE
Revenue
$1,479,000
Organization Details
Founding Year
1990
Phone
(402) 502-1122Principal Officer
Christi Annin
Main Address
10340 NORTH 84TH STREET, OMAHA, NE, 681222216
Website
www.swscottfoundation.orgNTEE Category
Code: T900 - Philanthropy
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