Overview
What is Ymca Endowment Foundation?
The YMCA Endowment Foundation is a charitable organization established to support the YMCA of Montgomery, Alabama. Its primary mission is to manage endowment contributions aimed at enhancing the YMCA's services in the Montgomery area. The YMCA, a non-profit exempt from federal taxation, focuses on fostering Christian values and improving the quality of life for individuals and families by offering programs that nurture spirit, mind, and body. These activities include character building, disease prevention, boosting self-esteem, and community engagement. The YMCA serves a diverse population in Montgomery, Elmore, Macon, Pike, and Butler counties, offering programs such as youth sports, aquatics, afterschool programs, teen leadership, adult sports, and senior health programs. The foundation plays a crucial role in sustaining these initiatives through endowment contributions.
Is Ymca Endowment Foundation legitimate?
Ymca Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymca Endowment 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 Ymca Endowment Foundation?
The YMCA Endowment Foundation's primary role is to oversee and manage endowment contributions, specifically for the Young Men's Christian Association (YMCA) based in Montgomery, Alabama. The YMCA is a non-profit organization exempt from federal taxation, dedicated to cultivating Christian values and improving the quality of life in the Montgomery area. They accomplish this by engaging individuals and families in programs that foster spiritual, mental, and physical growth. The YMCA's activities encompass initiatives that build character, make a positive impact, and transform lives by promoting healthy lifestyles, disease prevention, boosting self-esteem, fostering a sense of belonging and community pride, offering youth sports, aquatics programs, swim lessons, afterschool programs, teen leadership, adult sports, and senior health programs. The YMCA serves people of various ages, religions, races, and economic backgrounds across several Alabama counties.
Who is the CEO of Ymca Endowment Foundation?
Gary A Cobbs is the Secretary/Ce of Ymca Endowment Foundation.
What is the revenue of Ymca Endowment Foundation?
Ymca Endowment Foundation's revenue in 2022 was $119,921.
Who are the executives of Ymca Endowment Foundation and what are their salaries?
There 11 volunteers at Ymca Endowment Foundation.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Ymca Endowment Foundation?
Ymca Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ymca Endowment Foundation
The YMCA Endowment Foundation was established with the purpose of managing and preserving endowment contributions for the Young Men's Christian Association of Montgomery, Alabama. This foundation supports the Montgomery YMCA, a non-profit organization exempt from federal taxation, which is dedicated to improving the quality of life in the Montgomery area by engaging individuals and families in programs that foster spirit, mind, and body. The Montgomery YMCA offers a variety of activities, including services to build character, encourage healthy lifestyles, and promote disease prevention. They also focus on developing self-esteem, fostering a sense of belonging and community pride, offering youth sports, aquatics programs, swim lessons, afterschool programs, teen leadership, adult sports, and senior health programs. The Montgomery YMCA serves people of all ages, religions, races, and economic backgrounds, extending its reach across several Alabama counties.
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Impact
October, 2024
The YMCA Endowment Foundation significantly enhances the quality of life in the Montgomery, Alabama area by managing endowment contributions that support a wide range of community programs. By promoting Christian values, the foundation plays a vital role in fostering character development and encouraging healthy lifestyles among individuals and families.
Through its initiatives, the foundation impacts diverse populations across Montgomery, Elmore, Macon, Pike, and Butler counties. It provides essential services such as youth sports, aquatics programs, and afterschool activities, which are crucial for building self-esteem and a sense of belonging. Additionally, it offers adult sports and senior health programs, ensuring that all community members, regardless of age, race, or economic background, can participate and benefit.
The foundation's commitment to disease prevention and overall wellness is instrumental in creating a healthier community. By facilitating engagement in physical and social activities, it helps nurture community pride and connection, making a lasting positive difference in the lives of those it serves.
This information is meant to be a general summary of Ymca Endowment 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: $32,072
- Gross Receipts: $1,797,319
Assets and Liabilities:
- Total Assets: $4,869,256
- Total Liabilities: $1,395
- Net Assets: $4,867,861
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Organization Details
Founding Year
1975
Phone
(334) 229-0005Principal Officer
Gary A Cobbs
Main Address
PO BOX 2336, MONTGOMERY, AL, 36102
NTEE Category
Code: P27I - Human services
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