Overview
What is Stewardship Endowment Fund?
The Stewardship Endowment Fund is a charitable organization dedicated to supporting the religious and charitable endeavors of Scottsdale Bible Church. Based in Scottsdale, Arizona (AddressLine1Txt: 7601 E Shea Blvd, CityNm: Scottsdale, StateAbbreviationCd: AZ, ZIPCd: 85260), this nonprofit operates through wholly owned LLCs to manage real property for the benefit of the church. The Fund's primary mission is to function as a supporting organization, facilitating the charitable pursuits of Scottsdale Bible Church.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
The Stewardship Endowment Fund has demonstrated strong accountability and financial management, earning a Four-Star rating from Charity Navigator. This high score reflects the charity's commitment to transparency and responsible governance, as shown by its 83% independent board members and comprehensive policies on conflict of interest and whistleblowing.
Strengths of the organization include a solid program expense ratio of 98.74%, indicating that nearly all of its funds are directed toward its mission-driven programs. Additionally, the absence of material diversion of assets and a favorable liabilities to assets ratio of 7.50% suggest financial stability and prudent management of resources.
While the data highlights numerous strengths, there are no significant limitations mentioned in the feedback, reinforcing the organization's strong reputation in financial practices and governance. Overall, the Stewardship Endowment Fund is well-regarded for its effective use of funds and commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Stewardship Endowment Fund legitimate?
Stewardship Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stewardship Endowment Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Stewardship Endowment Fund?
The Stewardship Endowment Fund is a charitable organization dedicated to supporting the religious and philanthropic endeavors of Scottsdale Bible Church. Its mission is to function as a supplementary organization, furthering the humanitarian and spiritual objectives of the church. Through the operation of its LLCs, the fund manages assets and generates revenue to be used in the realization of Scottsdale Bible Church's charitable pursuits. By focusing on the ownership and lease of real property for charitable purposes, the Stewardship Endowment Fund plays a vital role in advancing the work of the church.
Who is the CEO of Stewardship Endowment Fund?
Unavailable
What is the revenue of Stewardship Endowment Fund?
Stewardship Endowment Fund's revenue in 2023 was $13,197,112.
Who are the executives of Stewardship Endowment Fund and what are their salaries?
There 6 volunteers at Stewardship Endowment Fund.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $81,468
- Other: $113,609
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Stewardship Endowment Fund?
Stewardship Endowment Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Stewardship Endowment Fund
The Stewardship Endowment Fund is a dedicated organization, committed to supporting the charitable and religious pursuits of Scottsdale Bible Church. In operation exclusively for this purpose, the Fund's mission is to advance the causes of Scottsdale Bible Church through the management of wholly owned LLCs.
By leasing real property under the auspices of these LLCs, the Stewardship Endowment Fund contributes to the charitable endeavors of Scottsdale Bible Church. The relationship between the two entities is rooted in mutual support, with the Fund using its resources to facilitate the church's mission in the community. This unique arrangement allows the Stewardship Endowment Fund to play a crucial role in furthering the impact and reach of Scottsdale Bible Church.
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Impact
October, 2024
The Stewardship Endowment Fund significantly impacts the Scottsdale community by owning and managing real properties that support the charitable activities of Scottsdale Bible Church. Through its operation of wholly owned LLCs, the Fund ensures that properties are utilized for purposes that align with the church's mission. This not only generates resources that can be reinvested into community programs but also provides venues for religious and charitable outreach. By facilitating these operations, the Fund contributes to the overall sustainability and growth of the church’s initiatives, enhancing its ability to serve and uplift the community effectively.
This information is meant to be a general summary of Stewardship Endowment Fund. 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 2023.
- Investment Income: $226,112
- Program Service Revenue: $2,121,000
- Gross Receipts: $13,197,112
Assets and Liabilities:
- Total Assets: $60,961,633
- Total Liabilities: $4,577,016
- Net Assets: $56,384,617
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$2,121,000
Organization Details
Founding Year
2007
Phone
(480) 524-7200Main Address
7601 E Shea Blvd, Scottsdale, AZ, 85260
NTEE Category
Code: X112 - Religion related
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