Overview
What is Allen And Gloria Block Family Foundation?
The Allen and Gloria Block Family Foundation is a charitable organization situated in Kansas City, Missouri, with a specific focus on supporting other nonprofits that cater to the greater Kansas City area. As a public charity under IRC Section 501(c)(3), its mission is to provide financial assistance to organizations that align with its objectives, which primarily involve advancing constructive projects that serve human needs. The foundation operates under a broad definition of charitable, scientific, and educational purposes, as outlined in Section 501(c)(3) of the Internal Revenue Code. It primarily engages in distributing funds to publicly supported organizations that qualify under sections 501(c)(3) and 509(a)(1) or (2) of the Internal Revenue Code, with the intention of enhancing the lives of people within the Kansas City community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star Rating). The rating reflects the organization’s performance primarily in the realm of Accountability & Finance, which indicates a strong emphasis on financial health and governance practices.
The Allen And Gloria Block Family Foundation has demonstrated commendable strengths, particularly in governance with a fully independent board and no material diversion of assets. The foundation excels in maintaining transparency, as indicated by its documentation of board meeting minutes. Additionally, it showcases a solid financial position with a low liabilities to assets ratio and a significant program expense ratio, highlighting effective resource allocation toward its mission.
However, despite these strengths, the overall two-star rating suggests there may be areas for improvement in other aspects of operational effectiveness or impact measurement that are not fully represented in the current financial metrics. Stakeholders might want to look deeper into the foundation’s broader impact and strategic objectives to get a complete picture.
This AI summary has been generated from information found on Charity Navigator.
Is Allen And Gloria Block Family Foundation legitimate?
Allen And Gloria Block Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allen And Gloria Block Family 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.
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 Allen And Gloria Block Family Foundation?
The Allen and Gloria Block Family Foundation operates as a public charity under IRC Section 501(c)(3), primarily focusing on providing support to other charitable organizations serving the Greater Kansas City area. The foundation's mission is to contribute to organizations that fall under the categories of charitable, scientific, and educational purposes, as defined under Section 501(c)(3) of the Internal Revenue Code of 1986. It aims to make distributions to publicly supported organizations that meet the criteria of sections 501(c)(3) and 509(a)(1) or (2) of the Internal Revenue Code, with the goal of serving the Greater Kansas City area. The supported organizations are specified in the foundation's bylaws.
Who is the CEO of Allen And Gloria Block Family Foundation?
Suzanne A Block is the Chairman Of The Board of Allen And Gloria Block Family Foundation.
What is the revenue of Allen And Gloria Block Family Foundation?
Allen And Gloria Block Family Foundation's revenue in 2021 was $9,207.
Who are the executives of Allen And Gloria Block Family Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Allen And Gloria Block Family Foundation?
Allen And Gloria Block Family Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Allen And Gloria Block Family Foundation
The Allen and Gloria Block Family Foundation is a public charity, operating under IRC Section 501(c)(3), with a mission to provide support for other charitable organizations that serve the greater Kansas City area. Established with charitable, scientific, and educational purposes in mind, the foundation's primary goal is to make distributions to qualifying exempt organizations under sections 501(c)(3) and 509(a)(1) or (2) of the Internal Revenue Code of 1986, as amended. These publicly supported organizations are expected to serve the Kansas City region, as outlined in the foundation's bylaws. In essence, the Allen and Gloria Block Family Foundation aims to empower and support other nonprofit organizations working towards improving the lives of individuals within the Kansas City community.
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Impact
October, 2024
The Allen and Gloria Block Family Foundation has made a significant impact in the Greater Kansas City area by supporting various charitable organizations that focus on addressing human needs and advancing constructive projects. Through strategic financial contributions, the foundation fosters initiatives that enhance education, promote scientific endeavors, and address critical social issues. This commitment to philanthropy facilitates the growth and sustainability of organizations that align with their mission, ultimately benefiting the community as a whole. By prioritizing support for publicly supported organizations, the foundation plays a vital role in driving positive change in Kansas City, encouraging collaboration among local charities and enhancing their ability to serve the community effectively.
This information is meant to be a general summary of Allen And Gloria Block Family 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 2021.
- Investment Income: $16,434
- Gross Receipts: $22,246
Assets and Liabilities:
- Total Assets: $769,010
- Total Liabilities: $62,880
- Net Assets: $706,130
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Organization Details
Founding Year
2000
Phone
(816) 932-5533Principal Officer
Suzanne A Block
Main Address
4622 PENNSYLVANIA AVE 700, KANSAS CITY, MO, 64112
NTEE Category
Code: T30 - Philanthropy
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