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Center In The Square Endowment Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541775412 ✦ Roanoke, VA ✦ Designated as a 501(c)(3)

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Overview

What is Center In The Square Endowment Foundation?

The Center In The Square Endowment Foundation is a nonprofit organization situated in Roanoke, Virginia. Their primary mission is to create a perpetual endowment fund, the yields of which are designated to strengthen the Western Virginia Foundation for the Arts and Sciences. This nonprofit's purpose is to ensure a continuous financial support system for the advancement of arts and scientific endeavors in the region.


Official website here: www.centerinthesquare.org

What do the Facebook reviews say about Center In The Square Endowment Foundation?

82% of 255 reviewers on Facebook recommend the Center In The Square Endowment Foundation. Here's a summary of their reviews:

Overall, patrons express a positive experience, highlighting enjoyment and satisfaction during their visits. Many users mention having a great time, indicating that the events and activities hosted by the foundation resonate well with the audience.

While there’s limited detail in the reviews, the overall sentiment leans towards appreciation for the organization's offerings, showcasing its effectiveness in engaging the community and providing memorable experiences.


This AI summary has been generated from reviews found on Facebook.

Is Center In The Square Endowment Foundation legitimate?

Center In The Square Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center In The Square 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.centerinthesquare.org

What is the mission statement of Center In The Square Endowment Foundation?

The Center In The Square Endowment Foundation's mission is centered around establishing a perpetual endowment fund. The primary purpose of this fund is to generate income, which is then utilized to support the Western Virginia Foundation for the Arts and Sciences. By doing so, the foundation aims to contribute to the long-term sustainability of this organization, thereby strengthening its capacity to promote arts and sciences in the relevant community.


Official website here: www.centerinthesquare.org

Who is the CEO of Center In The Square Endowment Foundation?

James C Sears is the Secretary of Center In The Square Endowment Foundation.


Official website here: www.centerinthesquare.org

What is the revenue of Center In The Square Endowment Foundation?

Center In The Square Endowment Foundation's revenue in 2022 was $242,451.


Official website here: www.centerinthesquare.org

Who are the executives of Center In The Square Endowment Foundation and what are their salaries?


Here are 6 key members and their salaries:


Steve Bowery (Vice President)
  • Compensation: $0
  • Related: $117,485
  • Other: $0
James C Sears (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Bucher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
T Joe Crawford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John G Rocovich Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas R Brock Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centerinthesquare.org

Where can I find the form 990 for Center In The Square Endowment Foundation?

Center In The Square Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centerinthesquare.org

Learn more at the official website: www.centerinthesquare.org

Mission Statement of Center In The Square Endowment Foundation

The Center In The Square Endowment Foundation, in its mission, aims to establish a perpetual endowment fund. The primary objective of this fund is to generate income that will subsequently be utilized to sustain the operations of the Western Virginia Foundation for the Arts and Sciences. By doing so, the Center In The Square Endowment Foundation contributes to the long-term support of this organization, thereby facilitating its continued contribution to the arts and sciences in the Western Virginia region.

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Impact




October, 2024

The Center In The Square Endowment Foundation significantly impacts the cultural landscape of Roanoke, Virginia, by establishing a permanent endowment fund dedicated to supporting the Western Virginia Foundation for the Arts and Sciences. This financial commitment ensures a steady stream of resources that enhances the operations of the foundation, which plays a crucial role in promoting and preserving the arts and sciences in the region. By securing ongoing financial support, the foundation helps foster creativity, education, and community engagement, thereby enriching the lives of residents and visitors alike. Through its philanthropic efforts, the Center In The Square Endowment Foundation contributes to a vibrant and dynamic cultural environment in Western Virginia.




This information is meant to be a general summary of Center In The Square 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.

Revenue
$242,451 (2022)
Expenses
$382,110 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $240,451
  • Gross Receipts: $760,804

Assets and Liabilities:

  • Total Assets: $3,539,370
  • Total Liabilities: $0
  • Net Assets: $3,539,370

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Organization Details

Founding Year

1983

Principal Officer

James C Sears

Main Address

ONE MARKET SQUARE SE, ROANOKE, VA, 24011

NTEE Category

Code: T31 - Philanthropy

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