The Principle Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 430816306 ✦ Overland park, KS ✦ Designated as a 501(c)(3)

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Overview

What is The Principle Foundation?

The Principle Foundation, located in Overland Park, Kansas, is a nonprofit organization that plays a significant role in administering the National Fund for Christian Science Nursing. This fund serves as a supporting organization for The Principle Foundation, providing financial aid to individuals in need of Christian Science nursing care. The organization's mission is to promote benevolence inspired by the teachings of Christian Science, aiming to offer practical support to fellow Christian Scientists and encourage similar acts of kindness. With a team of 20 dedicated employees, The Principle Foundation strives to uphold its mission and contribute positively to the Christian Scientist community.


Official website here: www.principlefoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

The Principle Foundation has achieved a remarkable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The score reflects a perfect assessment in several key areas, including board independence and effective financial oversight, demonstrating the organization's fiscal responsibility and ethical practices. With 89% of its expenses devoted to program services, it showcases a significant focus on fulfilling its mission.

User feedback from Great Nonprofits highlights positive sentiments among donors, with a reviewer praising the organization for its dedication to supporting the needs of the Christian Science community. This endorsement underscores the foundation's impact and the trust it has garnered from its supporters.

While the data indicates high accountability and effective management, no specific limitations or challenges faced by the organization have been noted in the available information. Overall, The Principle Foundation appears to maintain a positive reputation and operational effectiveness in its charitable pursuits.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is The Principle Foundation legitimate?

The Principle Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Principle 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: $150,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $846,583

For more financial information, click here


Official website here: www.principlefoundation.org

What is the mission statement of The Principle Foundation?

The Principle Foundation's mission is centered around promoting benevolence, inspired by the teachings of Christian Science. It aims to offer practical support to fellow Christian Scientists and encourage them to extend similar acts of kindness. One of its key activities is administering the National Fund for Christian Science Nursing, which provides financial assistance to individuals requiring Christian Science nursing care. This foundation's efforts are geared towards fostering acts of kindness in accordance with Christian Science teachings.


Official website here: www.principlefoundation.org

Who is the CEO of The Principle Foundation?

Bruce Jeffrey is the Executive Director of The Principle Foundation.


Official website here: www.principlefoundation.org

What is the revenue of The Principle Foundation?

The Principle Foundation's revenue in 2022 was $2,653,917.


Official website here: www.principlefoundation.org

Who are the executives of The Principle Foundation and what are their salaries?

The average compensation at The Principle Foundation during 2022 was $49,839. There are 20 employees and 140 volunteers at The Principle Foundation.


Here are 11 key members and their salaries:


Bruce Jeffrey (Executive Director)
  • Compensation: $137,185
  • Related: $0
  • Other: $13,006
Anna Lisa Kronman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Bernard Bradley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hebert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Collier (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Brian Boettiger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Lindahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Lindquist-Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroleen Scholet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George O Strong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Brooks (Director Of Operations)
  • Compensation: $128,034
  • Related: $0
  • Other: $10,636


Official website here: www.principlefoundation.org

Where can I find the form 990 for The Principle Foundation?

The Principle Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.principlefoundation.org

Learn more at the official website: www.principlefoundation.org

Mission Statement of The Principle Foundation

The Principle Foundation, a nonprofit organization, is dedicated to promoting inspired benevolence in alignment with the teachings of Christian Science. Its mission is to offer practical support to fellow Christian Scientists and encourage them to extend this benevolence to others. One of the ways The Principle Foundation carries out this mission is by administering the National Fund for Christian Science Nursing. This supporting organization provides financial assistance to individuals who require help in covering the costs of Christian Science nursing care. By offering this support, The Principle Foundation plays a crucial role in ensuring that those in need can access this type of care, thereby upholding the spirit of Christian Science benevolence.

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Impact




July, 2024

The Principle Foundation impacts the lives of fellow Christian Scientists by providing practical support and financial assistance for Christian Science nursing care. Through its national fund, the Foundation offers help to those in need, promoting inspired benevolence in line with the teachings of Christian Science.




This information is meant to be a general summary of The Principle 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.

Revenue
$2,653,917 (2022)
Expenses
$2,841,160 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$1,235
  • Program Service Revenue: $1,710,262
  • Gross Receipts: $5,057,084

Assets and Liabilities:

  • Total Assets: $6,109,187
  • Total Liabilities: $1,124,427
  • Net Assets: $4,984,760

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEES

Revenue

$1,710,262

Organization Details

Founding Year

1958

Principal Officer

Bruce Jeffrey

Main Address

10670 BARKLEY ST, OVERLAND PARK, KS, 66212

NTEE Category

Code: B00 - Education

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