Overview
What is Eugene & Nell Fincke Endowment 2010003086?
The Eugene & Nell Fincke Endowment 2010003086 is a philanthropic organization, specifically established for the purpose of providing financial support. Their mission is singularly focused on funding the Eugene E. and Nell S. Fincke Graduate Chair of Theology at Concordia Seminary. Located in Saint Louis, Missouri, this endowment serves to financially uphold and strengthen the theological education at the seminary.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, Two-Star out of Four Star Rating
The Eugene & Nell Fincke Endowment has received a Two-Star rating from Charity Navigator, primarily based on its Accountability & Finance score of 70%. This score reflects its financial health and governance practices, indicating that while the organization performs well in certain areas, there are notable gaps in transparency and policy documentation.
Strengths of the organization include a fully independent board of directors and a strong program expense ratio of 88.09%, suggesting effective use of funds towards its programs. Additionally, the absence of material diversion of assets indicates sound financial management. However, the organization faces significant shortcomings in transparency, with missing policies related to conflict of interest, whistleblower protections, and document retention, along with an incomplete online presence regarding essential documents.
Overall, while the Eugene & Nell Fincke Endowment shows promise in financial responsibility, improvements are needed in governance policies and online transparency to enhance its accountability rating. Addressing these limitations will be crucial for building trust and credibility among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Eugene & Nell Fincke Endowment 2010003086 legitimate?
Eugene & Nell Fincke Endowment 2010003086 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eugene & Nell Fincke Endowment 2010003086 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: $24,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Eugene & Nell Fincke Endowment 2010003086?
The Eugene & Nell Fincke Endowment's primary purpose is to fund the Eugene E. and Nell S. Fincke Graduate Chair of Theology at Concordia Seminary. This endowment is dedicated to providing financial support for theological studies at Concordia College, ensuring the continued advancement of theological education and scholarship. The endowment's mission focuses solely on this specific chair, contributing to the academic growth and development in the field of theology.
Who is the CEO of Eugene & Nell Fincke Endowment 2010003086?
Edward Reith is the Principal Officer of Eugene & Nell Fincke Endowment 2010003086.
What is the revenue of Eugene & Nell Fincke Endowment 2010003086?
Eugene & Nell Fincke Endowment 2010003086's revenue in 2023 was $159,227.
Who are the executives of Eugene & Nell Fincke Endowment 2010003086 and what are their salaries?
There is 1 key member and their salary:
- Compensation: $24,067
- Related: $0
- Other: $0
Where can I find the form 990 for Eugene & Nell Fincke Endowment 2010003086?
Eugene & Nell Fincke Endowment 2010003086's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Eugene & Nell Fincke Endowment 2010003086
The Eugene & Nell Fincke Endowment, identified by the reference number 2010003086, is a philanthropic organization with a singular focus. Its mission is centered around providing financial support for the Eugene E. and Nell S. Fincke Graduate Chair of Theology at Concordia Seminary. This endowment serves to fund and uphold the academic pursuits in theological studies at Concordia College, thereby contributing to the ongoing education and development of future theological leaders.
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Impact
October, 2024
The Eugene & Nell Fincke Endowment 2010003086 significantly impacts theological education by providing essential funding for the Eugene E. and Nell S. Fincke Graduate Chair of Theology at Concordia Seminary in Saint Louis, MO. This endowment supports advanced scholarship and research in theology, ensuring that students receive high-quality education from distinguished faculty members.
By funding the graduate chair, the endowment enhances the seminary’s ability to train future leaders in the field of theology, contributing to the development of knowledgeable and skilled ministers who can effectively serve their communities. This support plays a critical role in shaping theological discourse and nurturing the faith of new generations within the context of the religious landscape. Overall, the impact of this endowment extends beyond the seminary, influencing congregations and communities through the educated leaders it helps to cultivate.
This information is meant to be a general summary of Eugene & Nell Fincke Endowment 2010003086. 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: $159,227
- Gross Receipts: $383,309
Assets and Liabilities:
- Total Assets: $2,509,549
- Total Liabilities: $0
- Net Assets: $2,509,549
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Organization Details
Founding Year
2014
Phone
(314) 725-9055Principal Officer
Edward Reith
Main Address
7707 FORSYTH BLVD, SAINT LOUIS, MO, 63105
NTEE Category
Code: X11 - Religion related
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