Overview
What is Lincoln Scottish Rite Preservation Foundation?
The Lincoln Scottish Rite Preservation Foundation is a charitable organization situated in Lincoln, Nebraska. Its primary mission is to bolster educational programs for children in the state through diverse awards, scholarships, and activities. Additionally, the foundation supports and maintains various educational, cultural, historical, and charitable programs, as well as endorses the Scottish Rite of Freemasonry in Nebraska. The foundation's activities are geared towards enhancing learning opportunities for children and upholding the values of the Scottish Rite in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating.
The Lincoln Scottish Rite Preservation Foundation has received a high score of 94%, indicating strong performance in accountability and finance. This rating reflects the organization’s commitment to transparency and responsible financial management, which is essential for building donor trust. The overall score is derived entirely from its accountability and finance metrics, showcasing a robust operational structure.
The foundation's strengths include a fully independent board with a size that meets best practices, and a solid policy framework including conflict of interest and whistleblower policies. Additionally, the organization has no reported material diversion of assets, indicating effective governance. With a program expense ratio of 91.65%, the majority of funds are directed towards its programs, demonstrating its focus on mission-driven activities.
While the data highlights several strengths, the foundation's sole focus on accountability and finance means that other areas of performance, such as program effectiveness or impact, are not assessed in this rating. Overall, the Lincoln Scottish Rite Preservation Foundation appears to be a well-managed nonprofit with a strong emphasis on financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Lincoln Scottish Rite Preservation Foundation legitimate?
Lincoln Scottish Rite Preservation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Scottish Rite Preservation 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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What is the mission statement of Lincoln Scottish Rite Preservation Foundation?
The Lincoln Scottish Rite Preservation Foundation's mission is centered around promoting, supporting, and maintaining educational, cultural, historical, and charitable programs. This organization also aims to reinforce the Scottish Rite of Freemasonry in Nebraska. One of their key activities involves supporting educational programs for children in Nebraska, accomplished through various awards, scholarships, and activities.
Who is the CEO of Lincoln Scottish Rite Preservation Foundation?
Bruce Wood is the President of Lincoln Scottish Rite Preservation Foundation.
What is the revenue of Lincoln Scottish Rite Preservation Foundation?
Lincoln Scottish Rite Preservation Foundation's revenue in 2022 was $92,544.
Who are the executives of Lincoln Scottish Rite Preservation Foundation and what are their salaries?
There 9 volunteers at Lincoln Scottish Rite Preservation Foundation.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Lincoln Scottish Rite Preservation Foundation?
Lincoln Scottish Rite Preservation Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lincoln Scottish Rite Preservation Foundation
The Lincoln Scottish Rite Preservation Foundation is dedicated to promoting, supporting, and maintaining educational, cultural, historical, and charitable programs. This foundation also plays a significant role in assisting the Scottish Rite of Freemasonry in Nebraska. Their primary mission is to foster educational opportunities for children in Nebraska, achieving this goal through various awards, scholarships, and activities. By providing these educational resources, the Lincoln Scottish Rite Preservation Foundation aims to contribute positively to the community and support the overall growth and development of the younger generation in the state.
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Impact
October, 2024
The Lincoln Scottish Rite Preservation Foundation plays a vital role in enhancing educational, cultural, historical, and charitable initiatives in Nebraska. By promoting and supporting various programs, it contributes significantly to the development and enrichment of the local community. The foundation focuses on providing educational resources for children through awards, scholarships, and engaging activities, which foster growth and learning opportunities. Furthermore, it plays a crucial part in sustaining the traditions and values of the Scottish Rite of Freemasonry in the region, ensuring that these cultural elements continue to thrive alongside modern educational practices. Through its efforts, the foundation creates a lasting positive impact on the lives of individuals and the broader community in Lincoln and beyond.
This information is meant to be a general summary of Lincoln Scottish Rite Preservation 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: $38,280
- Gross Receipts: $136,719
Assets and Liabilities:
- Total Assets: $615,762
- Total Liabilities: $23,068
- Net Assets: $592,694
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Organization Details
Founding Year
1989
Phone
(402) 435-2144Principal Officer
Bruce Wood
Main Address
332 CENTENNIAL MALL SOUTH, LINCOLN, NE, 68508
NTEE Category
Code: A110 - Arts
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