Overview
What is South Central Texas Community Found?
South Central Texas Community Found is a nonprofit organization situated in Seguin, Texas. Its primary purpose is to support existing charitable organizations by providing grants, aiming to enhance the local and surrounding communities. The foundation's mission is to confront challenges, look beyond the present, and establish a legacy for the betterment of the community, ensuring a prosperous future for generations to come.
Official website here: www.sctxcommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)
The South Central Texas Community Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its operational practices and financial transparency. While the organization boasts a high program expense ratio of 96.11%, which signifies that the vast majority of its expenses are directed towards programs rather than administrative costs, there are significant gaps in accountability measures.
Strengths of the organization include a fully independent board and a strong record of financial stewardship, as evidenced by a 0.00% liabilities to assets ratio, indicating no financial strain. However, the foundation has notable weaknesses, particularly in the areas of governance and policy transparency. The absence of critical policies like conflict of interest, whistleblower, and document retention protocols raises concerns about the organization's commitment to ethical practices.
Overall, while South Central Texas Community Foundation demonstrates effective program funding, its lack of essential governance policies and the failure to provide financial statements hinder its overall accountability. Addressing these issues will be vital for building trust with donors and stakeholders in the future.
This AI summary has been generated from information found on Charity Navigator.
Is South Central Texas Community Found legitimate?
South Central Texas Community Found is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Central Texas Community Found 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
For more financial information, click here
Official website here: www.sctxcommunityfoundation.org
What is the mission statement of South Central Texas Community Found?
The South Central Texas Community Foundation has a mission to address the challenges facing their community and future generations. They strive to look beyond the present and establish a legacy that contributes positively to their community. This is achieved by providing grants to existing charitable organizations, aiming to improve the local and surrounding communities. The foundation serves as a support system, assisting in the betterment of their community's future.
Official website here: www.sctxcommunityfoundation.org
Who is the CEO of South Central Texas Community Found?
Wilfred Bartoskewitz is the Vice President of South Central Texas Community Found.
Official website here: www.sctxcommunityfoundation.org
What is the revenue of South Central Texas Community Found?
South Central Texas Community Found's revenue in 2022 was $617,115.
Official website here: www.sctxcommunityfoundation.org
Who are the executives of South Central Texas Community Found and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.sctxcommunityfoundation.org
Where can I find the form 990 for South Central Texas Community Found?
South Central Texas Community Found's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sctxcommunityfoundation.org
Learn more at the official website: www.sctxcommunityfoundation.org
Mission Statement of South Central Texas Community Found
The South Central Texas Community Foundation is committed to addressing the challenges that lie ahead and striving for a brighter future for their community and future generations. This nonprofit organization seeks to go beyond the present and create a lasting legacy. Their mission is to support existing charitable organizations by providing grants, aiming to enhance the well-being of local and surrounding communities. By doing so, the South Central Texas Community Foundation plays a significant role in contributing to the betterment of society, ensuring a legacy that continues to benefit future generations.
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Impact
July, 2024
South Central Texas Community Foundation's impact can be seen in the support it provides to existing charitable organizations through grants aimed at bettering the local and surrounding communities. Its mission to leave a legacy for the betterment of the community and future generations is reflected in its efforts towards community improvement in Seguin, Texas.
This information is meant to be a general summary of South Central Texas Community Found. 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: $65,497
- Gross Receipts: $727,685
Assets and Liabilities:
- Total Assets: $3,016,449
- Total Liabilities: $0
- Net Assets: $3,016,449
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Organization Details
Founding Year
2014
Principal Officer
Wilfred Bartoskewitz
Main Address
PO BOX 924, Seguin, TX, 781560924
NTEE Category
Code: S99 - Community improvement
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