Overview
What is Brookwood Endowment Inc?
Brookwood Endowment Inc is a 501(c)(3) nonprofit organization established on August 2, 1994, with a mission to support Brookwood School, Inc. Located at 301 Cardinal Ridge Road, Thomasville, GA 31792, the endowment fund primarily focuses on acquiring, managing, and investing funds to support the educational institution. The nonprofit receives contributions from donors and makes annual distributions to Brookwood School, Inc., contributing to its overall operations and development.
Is Brookwood Endowment Inc legitimate?
Brookwood Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookwood Endowment 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.
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What is the mission statement of Brookwood Endowment Inc?
Brookwood Endowment Inc, established as a 501(c)(3) support foundation in 1994, was formed with the primary objective of acquiring, managing, and investing an endowment fund. This fund is utilized to support Brookwood School Inc. The endowment receives contributions from donors and makes annual distributions to the school. In essence, the mission of Brookwood Endowment Inc is to financially sustain and contribute to the operations of Brookwood School Inc.
Who is the CEO of Brookwood Endowment Inc?
Philip Watt is the President/Secretary of Brookwood Endowment Inc.
What is the revenue of Brookwood Endowment Inc?
Brookwood Endowment Inc's revenue in 2022 was $2,833,583.
Who are the executives of Brookwood Endowment Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Brookwood Endowment Inc?
Brookwood Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Brookwood Endowment Inc
Brookwood Endowment Inc, established as a 501(c)(3) support foundation on August 2, 1994, was formed with a specific purpose. This purpose revolves around the acquisition, management, and investment of an endowment fund, with the ultimate goal of supporting Brookwood School, Inc. The endowment fund, overseen by Brookwood Endowment Inc, receives contributions from generous donors. In turn, the organization makes annual distributions to Brookwood School, Inc., ensuring its continued operation and growth. By fulfilling this mission, Brookwood Endowment Inc plays a crucial role in supporting the educational endeavors of Brookwood School, Inc., contributing to its long-term sustainability and success.
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Impact
October, 2024
Brookwood Endowment Inc plays a crucial role in enhancing the educational experience at Brookwood School in Thomasville, GA. By acquiring, managing, and investing its endowment fund, the organization ensures a sustainable financial support system for the school. Contributions from donors are actively utilized to make annual distributions, directly benefiting Brookwood School and its community.
The endowment's mission focuses on long-term financial stability, allowing the school to enhance its programs, facilities, and resources for students. This support fosters an enriched learning environment, helping to attract and retain talented educators and providing vital tools for student development. Ultimately, Brookwood Endowment Inc empowers Brookwood School to maintain its commitment to excellence in education, thus positively impacting the lives of students and families within the community.
This information is meant to be a general summary of Brookwood Endowment 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: $1,342,049
- Gross Receipts: $6,554,986
Assets and Liabilities:
- Total Assets: $34,326,387
- Total Liabilities: $32,938
- Net Assets: $34,293,449
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Organization Details
Founding Year
1994
Phone
(229) 226-8070Principal Officer
Philip Watt
Main Address
301 CARDINAL RIDGE ROAD, THOMASVILLE, GA, 31792
NTEE Category
Code: T30Z - Philanthropy
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