Overview
What is Benedictine Schools Educational Foundation?
The Benedictine Schools Educational Foundation is a nonprofit organization located at 12829 River Road, Richmond, Virginia. Its primary mission is to provide financial support to Benedictine Schools of Richmond, specifically its academic programs, facilities development, scholarships, and various other designated initiatives. The foundation accepts, manages, and utilizes donations, funds, and properties to benefit and advance the objectives of Benedictine College Preparatory and Saint Gertrude High School, two constituent institutions of Benedictine Schools of Richmond.
Official website here: www.benedictineschools.org/giving
Is Benedictine Schools Educational Foundation legitimate?
Benedictine Schools Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benedictine Schools Educational 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.
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Official website here: www.benedictineschools.org/giving
What is the mission statement of Benedictine Schools Educational Foundation?
The Benedictine Schools Educational Foundation's mission is to manage and utilize resources for the benefit of Benedictine Schools of Richmond, specifically Benedictine College Preparatory and Saint Gertrude High School. Their primary objective is to provide financial support for the schools' academic programs, facilities development, scholarships, and various designated initiatives. In essence, the foundation serves as a financial backbone, aiding in the growth and development of these educational institutions.
Official website here: www.benedictineschools.org/giving
Who is the CEO of Benedictine Schools Educational Foundation?
Richard Smith is the Director of Benedictine Schools Educational Foundation.
Official website here: www.benedictineschools.org/giving
What is the revenue of Benedictine Schools Educational Foundation?
Benedictine Schools Educational Foundation's revenue in 2022 was $10,827,292.
Official website here: www.benedictineschools.org/giving
Who are the executives of Benedictine Schools Educational Foundation and what are their salaries?
There 23 volunteers at Benedictine Schools Educational Foundation.
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Official website here: www.benedictineschools.org/giving
Where can I find the form 990 for Benedictine Schools Educational Foundation?
Benedictine Schools Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.benedictineschools.org/giving
Learn more at the official website: www.benedictineschools.org/giving
Mission Statement of Benedictine Schools Educational Foundation
The Benedictine Schools Educational Foundation's mission is centered around accepting, receiving, and managing financial resources, including property, income, and monies. This endeavor is carried out with the primary objective of benefiting and supporting the purposes of Benedictine Schools of Richmond, also known as Benedictine College Preparatory and Saint Gertrude High School. By doing so, the foundation aims to provide financial assistance to various academic programs, facility developments, scholarships, and other designated initiatives within the Benedictine Schools of Richmond. This multifaceted support allows these educational institutions to thrive and continue their mission of providing quality education to their students.
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Impact
October, 2024
Benedictine Schools Educational Foundation significantly enhances the educational landscape in Richmond, Virginia, by providing essential financial support to Benedictine College Preparatory and Saint Gertrude High School. The Foundation plays a crucial role in funding academic programs, developing facilities, and offering scholarships that promote access to quality education.
Through its dedicated management of real and personal property, income, and funds, the Foundation ensures that the schools can maintain and improve their educational offerings. This support not only enriches the academic experience for current students but also helps attract new enrollment. By investing in targeted programs, the Foundation fosters an environment where students can thrive academically, socially, and spiritually.
The impact of the Foundation extends beyond immediate financial assistance; it lays the groundwork for long-term institutional growth and excellence. This commitment to enhancing educational opportunities helps shape well-rounded, capable individuals who are prepared for future challenges and contribute positively to their communities.
This information is meant to be a general summary of Benedictine Schools Educational 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: $289,671
- Gross Receipts: $10,827,292
Assets and Liabilities:
- Total Assets: $29,794,107
- Total Liabilities: $19,660,834
- Net Assets: $10,133,273
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Organization Details
Founding Year
2011
Phone
(804) 708-9500Principal Officer
Richard Smith
Main Address
12829 RIVER ROAD, RICHMOND, VA, 23238
NTEE Category
Code: B11 - Education
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