Overview
What is St Thomas's Day School Foundation Inc?
St. Thomas's Day School Foundation Inc, located in New Haven, Connecticut, is a nonprofit organization that dedicates its efforts to raising funds to establish a permanent endowment. This endowment aims to provide financial aid to students attending St. Thomas's Day School. The foundation's mission is to solicit charitable contributions and other funds, with the primary goal of offering benefits such as financial aid and student scholarships to the school's pupils. By doing so, the foundation contributes to the educational opportunities of students at St. Thomas's Day School, Inc.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The St Thomas's Day School Foundation Inc has received a solid Three-Star rating from Charity Navigator, indicating a generally positive performance in accountability and finance. With an impressive 100% score in this category, the organization demonstrates strong financial health and effective governance practices. Notably, 83% of the board members are independent, which suggests a commitment to impartial oversight and ethical decision-making.
The foundation has shown no material diversion of assets and adheres to a conflict of interest policy, further underscoring its dedication to transparency and integrity. Additional strengths include documenting board meeting minutes and a perfect score in both liabilities to assets ratio and program expense ratio, indicating that all funds are directed toward its programs.
While the overall rating is commendable, potential donors may want to look deeper into specific programs and their impacts, as well as any qualitative aspects of the organization's work that are not captured in the numerical scores. The strong financial standing provides a solid foundation, but ongoing evaluation of program effectiveness will be key to sustaining future success.
This AI summary has been generated from information found on Charity Navigator.
Is St Thomas's Day School Foundation Inc legitimate?
St Thomas's Day School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Thomas's Day School Foundation Inc 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 St Thomas's Day School Foundation Inc?
The mission of St Thomas's Day School Foundation Inc is to collect charitable contributions and other funds with the primary objective of providing financial aid and student scholarships to the students enrolled at St. Thomas's Day School Inc. The purpose of the foundation is to solicit funds to establish a permanent endowment, which in turn provides financial aid to students attending St. Thomas's Day School. The primary goal of the foundation is to support the educational needs of its students by offering financial assistance and scholarships. The foundation aims to make quality education accessible to students who may not be able to afford it without financial aid. By raising funds, the foundation ensures that deserving students have the opportunity to attend St. Thomas's Day School, thereby contributing to their overall development and future success.
Who is the CEO of St Thomas's Day School Foundation Inc?
Michael Kaplan is the President/Trustee of St Thomas's Day School Foundation Inc.
What is the revenue of St Thomas's Day School Foundation Inc?
St Thomas's Day School Foundation Inc's revenue in 2023 was $17,872.
Who are the executives of St Thomas's Day School Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for St Thomas's Day School Foundation Inc?
St Thomas's Day School Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of St Thomas's Day School Foundation Inc
St. Thomas's Day School Foundation Inc is committed to raising funds to support financial aid and student scholarships at St. Thomas's Day School. The primary purpose of this organization is to solicit charitable contributions and other funds, aiming to provide benefits such as financial aid and scholarships to students attending St. Thomas's Day School. Moreover, the foundation seeks to establish a permanent endowment that will continue providing financial aid to students of the school. By doing so, St. Thomas's Day School Foundation Inc is contributing significantly to the educational opportunities of its students, enabling them to pursue their education without financial constraints.
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Impact
August, 2024
St. Thomas's Day School Foundation Inc's impact is significant in providing financial aid and student scholarships to the students of St. Thomas's Day School in New Haven, CT. Through its fundraising efforts, the Foundation has been able to establish a permanent endowment that continues to support students in need. By fulfilling its mission of soliciting charitable contributions, the Foundation plays a vital role in ensuring access to education for all students at St. Thomas's Day School.
This information is meant to be a general summary of St Thomas's Day School Foundation Inc. 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: $16,087
- Gross Receipts: $17,872
Assets and Liabilities:
- Total Assets: $1,123,645
- Total Liabilities: $0
- Net Assets: $1,123,645
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Organization Details
Founding Year
2012
Phone
(203) 776-2123Principal Officer
Michael Kaplan
Main Address
830 WHITNEY AVENUE, NEW HAVEN, CT, 06511
NTEE Category
Code: B11 - Education
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