Overview
What is Lourdes Central High School Endowment Fund?
Lourdes Central High School Endowment Fund is a charitable organization situated in Nebraska City, NE. Its primary objective is to generate financial support for a parochial school. By serving as a scholarship or financial aid provider, the fund aims to contribute to the education of students attending this particular religious institution. The fund's mission is to ensure a steady income stream for the parochial school, thereby facilitating its continued operation and providing educational opportunities for its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Lourdes Central High School Endowment Fund has earned a solid Three-Star rating from Charity Navigator based on its accountability and finance metrics, with an overall score of 87%. This high rating indicates a strong commitment to transparent financial practices and governance, which is crucial for instilling donor confidence and supporting effective fundraising efforts.
The organization boasts a fully independent board, with all 10 members meeting the criteria for independence. Additionally, there are no reported material diversions of assets, and the fund has implemented a comprehensive conflict of interest policy. These strengths highlight a commitment to ethical management and operational integrity. Furthermore, the fund has an impressive program expense ratio of 87.95%, indicating that a significant portion of its resources is directed toward its mission-related activities.
While the rating reflects strong performance in accountability and finance, it is essential for potential donors to consider any other factors not captured in this single beacon score. However, based on the data provided, Lourdes Central High School Endowment Fund demonstrates solid governance and responsible financial practices, making it a trustworthy option for those looking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Lourdes Central High School Endowment Fund legitimate?
Lourdes Central High School Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lourdes Central High School Endowment Fund 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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What is the mission statement of Lourdes Central High School Endowment Fund?
The Lourdes Central High School Endowment Fund is an organization dedicated to providing financial aid for parochial schools. Its mission is to generate income that can be utilized for this purpose. The fund aims to support educational institutions, contributing to their financial stability and the continued provision of quality education. By providing scholarships or financial aid, the organization enables students to attend parochial schools, thereby promoting access to education for a wider population. The Endowment Fund's activities contribute to the overall development and sustainability of the parochial school community.
Who is the CEO of Lourdes Central High School Endowment Fund?
Fr Jonathan Haschke is the President of Lourdes Central High School Endowment Fund.
What is the revenue of Lourdes Central High School Endowment Fund?
Lourdes Central High School Endowment Fund's revenue in 2023 was $132,640.
Who are the executives of Lourdes Central High School Endowment Fund and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Lourdes Central High School Endowment Fund?
Lourdes Central High School Endowment Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lourdes Central High School Endowment Fund
Lourdes Central High School Endowment Fund, a scholarship or financial aid organization, is committed to providing income for a parochial school. This nonprofit organization's mission is to support the educational needs of a private, religious school, ensuring that deserving students have the opportunity to attend and thrive in their learning environment. By providing a steady source of income, Lourdes Central High School Endowment Fund contributes to the sustainability and success of the parochial school, thereby enabling it to continue its mission of educating students in a faith-based environment.
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Impact
October, 2024
The Lourdes Central High School Endowment Fund plays a vital role in supporting parochial education in Nebraska City, NE. By providing financial resources specifically designated for scholarships and aid, the fund ensures that students have access to quality education irrespective of their financial circumstances.
This endowment not only alleviates the financial burden on families but also fosters an environment where students can thrive academically and spiritually within their community. By securing a stable income for the school, the fund helps maintain and enhance educational programs, facilities, and resources, contributing to the overall development of students.
The impact of the Lourdes Central High School Endowment Fund resonates through the community, creating opportunities for students to pursue their education while upholding the values of their faith. This support strengthens the school's mission, enabling it to continue serving as a beacon of learning and personal growth for future generations.
This information is meant to be a general summary of Lourdes Central High School Endowment Fund. 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: $122,415
- Gross Receipts: $132,640
Assets and Liabilities:
- Total Assets: $2,747,287
- Total Liabilities: $0
- Net Assets: $2,747,287
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Organization Details
Founding Year
1982
Phone
(402) 873-6154Principal Officer
Fr Jonathan Haschke
Main Address
412 SECOND AVENUE, NEBRASKA CITY, NE, 68410
NTEE Category
Code: B25I - Education
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