Overview
What is Philanthropy Southwest?
Philanthropy Southwest (PSW) is a nonprofit organization situated in Dallas, Texas. Their primary mission is to foster meaningful philanthropy and build trusted relationships that positively impact people, communities, and pressing issues within the Southwest region. PSW offers valuable connections and cutting-edge learning opportunities, which help strengthen philanthropy, both within individual foundations and across their region. The organization brings together diverse and passionate philanthropic leaders to learn from each other and grow. PSW's 74th Annual Conference welcomed over 450 participants, including members, non-members, and spouses/guests, featuring five plenary sessions, 32 breakout sessions, networking events, site visits, and a Philanthropy Dinner. With a staff of seven dedicated individuals, PSW plays a significant role in addressing the unique challenges faced by people and communities in the Southwest region, believing that effective philanthropy can be an essential part of the solution.
Official website here: www.philanthropysouthwest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Philanthropy Southwest has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management. This score reflects the organization's dedication to transparency and efficiency, as evidenced by its perfect scores in several key areas, including board independence and financial oversight. The organization has demonstrated effective governance with 100% independent board members and a robust audit committee.
In addition to strong governance, Philanthropy Southwest shows solid financial health through favorable ratios. The organization maintains a program expense ratio of 68.50%, indicating that a significant portion of its funds directly supports its programs. The fundraising efficiency ratio of $0.11 suggests that the nonprofit is able to raise funds without excessive expenditure, allowing more resources to be directed toward its mission.
While the organization has performed well across the assessed metrics, there are areas with slightly lower scores, particularly in the liabilities to assets ratio, which stands at 35.40%. However, this is not seen as a major concern. Overall, Philanthropy Southwest exemplifies strong operational practices and financial stewardship, making it a trustworthy organization for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Philanthropy Southwest legitimate?
Philanthropy Southwest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philanthropy Southwest 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: $208,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $356,760
For more financial information, click here
Official website here: www.philanthropysouthwest.org
What is the mission statement of Philanthropy Southwest?
Philanthropy Southwest's mission is centered around fostering meaningful philanthropy and building trusting relationships that positively impact people and communities in the Southwest region, addressing their pressing issues. The organization encourages valuable connections and offers leading-edge learning opportunities for its members, aiming to strengthen philanthropy within their foundations and across the region. Recognizing the unique challenges faced by communities in the Southwest, Philanthropy Southwest believes that effective philanthropy can play a significant role in finding solutions. By gathering talented, passionate, and diverse philanthropic leaders, the organization facilitates learning and growth among its members, emphasizing relationships, professional development, regional focus, advocacy, innovation, and diversity.
Official website here: www.philanthropysouthwest.org
Who is the CEO of Philanthropy Southwest?
Anthony J Fundaro is the President/Ceo of Philanthropy Southwest. The CEO's salary of Philanthropy Southwest is $176,925 and their total compensation is $208,249.
Official website here: www.philanthropysouthwest.org
What is the revenue of Philanthropy Southwest?
Philanthropy Southwest's revenue in 2022 was $2,050,559.
Official website here: www.philanthropysouthwest.org
Who are the executives of Philanthropy Southwest and what are their salaries?
The average compensation at Philanthropy Southwest during 2022 was $80,716. There are 7 employees and 68 volunteers at Philanthropy Southwest.
Here are 19 key members and their salaries (Philanthropy Southwest's CEO's salary is $176,925 and their total compensation is $208,249):
- Compensation: $176,925
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- Other: $31,324
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Official website here: www.philanthropysouthwest.org
Where can I find the form 990 for Philanthropy Southwest?
Philanthropy Southwest's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.philanthropysouthwest.org
Learn more at the official website: www.philanthropysouthwest.org
Mission Statement of Philanthropy Southwest
Philanthropy Southwest, a distinguished organization, is committed to fostering meaningful philanthropy and building trusted relationships that positively impact the people and communities of the Southwest region. The mission of this nonprofit is multifaceted, aiming to address the pressing issues that this region faces. By bringing together talented, passionate, and diverse philanthropic leaders, Philanthropy Southwest encourages learning and growth among its members, fostering stronger philanthropy both within their foundations and across the region.
The challenges that the Southwest region encounters are unique, and Philanthropy Southwest believes that well-executed philanthropy can play a significant role in addressing these challenges. To achieve this, the organization emphasizes valuable connections, leading-edge learning, and a focus on the Southwest. By fostering relationships and providing opportunities for professional development, Philanthropy Southwest empowers its members to make a more significant impact in their philanthropic endeavors. The organization also values advocacy, innovation, and diversity, ensuring that diverse perspectives are represented and considered in its efforts to address the region's most pressing issues.
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Impact
July, 2024
Philanthropy Southwest fosters meaningful philanthropy and trusted relationships that impact the Southwest region's people, communities, and most pressing issues. Through initiatives like their annual conference, which brings together over 456 individuals for plenary sessions, breakout sessions, networking events, and more, they create a platform for valuable connections and leading-edge learning. By uniting talented and diverse philanthropic leaders in the region, Philanthropy Southwest contributes to stronger philanthropy within foundations and across the Southwest. Their emphasis on relationships, professional learning, advocacy, innovation, and diversity highlights their commitment to addressing the unique challenges faced by people and communities in the region through effective philanthropic efforts.
This information is meant to be a general summary of Philanthropy Southwest. 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: $23,171
- Program Service Revenue: $508,805
- Gross Receipts: $2,056,234
Assets and Liabilities:
- Total Assets: $2,268,165
- Total Liabilities: $803,195
- Net Assets: $1,464,970
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE AND SEMINAR
Revenue
$493,929
OTHER PROGRAM REVENUE
Revenue
$14,876
Organization Details
Founding Year
1975
Phone
(214) 740-1787Principal Officer
Anthony J Fundaro
Main Address
3000 PEGASUS PARK DRIVE 706, DALLAS, TX, 752476204
NTEE Category
Code: T00C - Philanthropy
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