Overview
What is Tke Foundation Inc?
Tke Foundation Inc, located in Indianapolis, Indiana, is a nonprofit organization committed to fostering alumni engagement and volunteerism. Their primary objective is to establish and support scholarship and leadership training programs, aiming to promote academic excellence and reinforce moral, social, and community values. The foundation strives to create opportunities for alumni communication and relationship-building, with the ultimate goal of enlisting alumni to contribute to educational initiatives. This nonprofit organization operates in Indiana, furthering its mission to support the personal growth and development of its alumni community.
Official website here: www.tke.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
The Tke Foundation Inc has achieved a solid Three-Star rating, reflecting an overall score that emphasizes strong accountability and finance practices. The foundation scored particularly well in areas such as having a fully independent board and comprehensive financial oversight, indicating a commitment to transparency and responsible governance.
Strengths of the organization include a high percentage of independent board members and a robust conflict of interest policy. Additionally, the foundation's financial health appears stable, with a low liabilities to assets ratio, demonstrating effective management of its resources. These factors contribute to the foundation's overall credibility and reliability in handling donations.
However, the program expense ratio at 63.68% suggests that while a majority of expenses are directed towards programs, there is room for improvement in maximizing this allocation. Overall, the Tke Foundation Inc appears to be a trustworthy organization with effective oversight, though it may benefit from enhancing its program funding efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Tke Foundation Inc legitimate?
Tke Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tke Foundation Inc 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: $216,158
Professional Fundraising Fees: $0
Other Salaries and Wages: $313,522
For more financial information, click here
Official website here: www.tke.org
What is the mission statement of Tke Foundation Inc?
Tke Foundation Inc's mission is centered around establishing and supporting scholarships and leadership training programs. These initiatives aim to foster academic achievement and reinforce moral, social, and community values. The foundation's activities extend beyond just providing scholarships; they also focus on strengthening relationships with their alumni to encourage volunteer commitments and further educational endeavors.
Official website here: www.tke.org
Who is the CEO of Tke Foundation Inc?
Brett A Widner is the Chief Executive Officer of Tke Foundation Inc. The CEO's salary of Tke Foundation Inc is $190,127 and their total compensation is $205,525.
Official website here: www.tke.org
What is the revenue of Tke Foundation Inc?
Tke Foundation Inc's revenue in 2022 was $2,064,647.
Official website here: www.tke.org
Who are the executives of Tke Foundation Inc and what are their salaries?
There 40 volunteers at Tke Foundation Inc.
Here are 22 key members and their salaries (Tke Foundation Inc's CEO's salary is $190,127 and their total compensation is $205,525):
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Official website here: www.tke.org
Where can I find the form 990 for Tke Foundation Inc?
Tke Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tke.org
Learn more at the official website: www.tke.org
Mission Statement of Tke Foundation Inc
Tke Foundation Inc is committed to establishing and supporting scholarships and leadership training programs. The primary goal of this nonprofit organization is to promote academic achievement and strengthen moral, social, and community values. By offering scholarships, Tke Foundation Inc aims to empower individuals with the financial means to pursue their education. Additionally, the leadership training programs are designed to foster personal growth and development, instilling strong moral and social values in the participants. These programs are instrumental in shaping future leaders who can contribute positively to their communities.
In line with its mission, Tke Foundation Inc also focuses on alumni development. This involves promoting communication among alumni and creating opportunities for them to volunteer and engage in educational initiatives. By fostering these relationships, the foundation seeks to enlist the commitment of its alumni, leveraging their experiences and expertise for the betterment of the organization and the wider community. This approach not only strengthens the foundation's impact but also creates a sense of community among its alumni, fostering a lifelong connection to the organization.
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Impact
July, 2024
The impact of Tke Foundation Inc can be seen through its establishment and support of scholarships and leadership training programs that promote academic achievement and strengthen moral, social, and community values. Additionally, through alumni development efforts, the organization fosters alumni communication and relationships to encourage volunteer commitments that further member education endeavors. These efforts contribute to the overall goal of enhancing education and values within the community.
This information is meant to be a general summary of Tke Foundation Inc. 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: $196,703
- Gross Receipts: $3,820,635
Assets and Liabilities:
- Total Assets: $9,659,041
- Total Liabilities: $92,806
- Net Assets: $9,566,235
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Organization Details
Founding Year
1962
Phone
(317) 872-6533Principal Officer
Brett A Widner
Main Address
7439 WOODLAND DRIVE, INDIANAPOLIS, IN, 46278
Website
www.tke.orgNTEE Category
Code: B82 - Education
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