Overview
What is Sheppard Pratt Investment Inc?
Sheppard Pratt Investment Inc is a nonprofit organization based in Baltimore, Maryland. Their primary role is to manage and invest the endowment funds of related entities within the Sheppard Pratt Health System. By fulfilling this function, they contribute to the achievement of Sheppard Pratt Foundation, Inc.'s goals and objectives. This involves managing the investments of Sheppard Pratt Foundation, Inc., and its associated organizations, ensuring the financial growth and stability to support the health system's initiatives.
Is Sheppard Pratt Investment Inc legitimate?
Sheppard Pratt Investment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheppard Pratt Investment 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.
Here 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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Mission Statement of Sheppard Pratt Investment Inc
Sheppard Pratt Investment Inc is a vital organization dedicated to managing and investing the endowment funds of related nonprofit entities connected to Sheppard Pratt Health System. This mission is geared towards fulfilling the goals and objectives of Sheppard Pratt Foundation, Inc. and its associated organizations. In simple terms, Sheppard Pratt Investment Inc serves as the financial steward, ensuring the long-term financial sustainability of these nonprofits.
By managing and investing the endowment funds, Sheppard Pratt Investment Inc plays a crucial role in supporting the various initiatives and programs spearheaded by Sheppard Pratt Health System and its related organizations. This financial management enables these nonprofits to continue their valuable work in the community without constant financial worry. The investment strategies employed by Sheppard Pratt Investment Inc aim to generate stable returns, thus providing a reliable source of income for the nonprofits.
Sheppard Pratt Investment Inc's commitment to the financial well-being of its affiliated nonprofits is a testament to its dedication and professionalism. The organization's expertise in managing investments ensures that the funds are handled with care and efficiency, enabling the nonprofits to focus on their core missions and serve their communities effectively.
Impact
This information is meant to be a general summary of Sheppard Pratt Investment Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Sheppard Pratt Investment Inc's impact lies in its ability to fulfill the goals and objectives of Sheppard Pratt Health System through the management and investment of funds of Sheppard and Enoch Pratt Foundation Inc. and its related organizations. By holding and managing endowment funds, Sheppard Pratt Investment Inc plays a crucial role in supporting the financial stability and growth of these entities, ultimately contributing to the advancement of community improvement initiatives.
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.
- Assets and Liabilities:
Organization Details
Founding Year
1985
Phone
(410) 938-5401
Principal Officer
Harsh Trivedi
Main Address
PO BOX 6815, BALTIMORE, MD, 21285
NTEE Category
Code: S500 - Community improvement
If you are a representative of Sheppard Pratt Investment Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.