Overview
What is The Foundation For The Church Of The Palms Presbyt?
The Foundation For The Church Of The Palms Presbyt is a charitable organization based in Sarasota, Florida, with an address at 3224 BEE RIDGE ROAD. Their primary mission is to collect and manage donations, utilizing the funds for various benevolent purposes and capital improvements for the church and related facilities, as permitted under Section 501(C)(3). They contribute to various charitable organizations, supporting their program expenses. The foundation's activities are dedicated to fulfilling their mission of providing financial aid and bettering the community in alignment with the nonprofit status guidelines.
Is The Foundation For The Church Of The Palms Presbyt legitimate?
The Foundation For The Church Of The Palms Presbyt is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For The Church Of The Palms Presbyt 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 The Foundation For The Church Of The Palms Presbyt?
The Foundation For The Church Of The Palms Presbyt's mission is centered around receiving and managing donations and funds for various charitable purposes. Specifically, their activities involve administering gifts and donations, as well as the income generated from these, for general mission benevolences and capital improvements for the church and related facilities. All funds are utilized for causes that fall under Section 501(C)(3), which is a designation for tax-exempt organizations in the United States. The foundation also assists in covering program operating expenses for various charitable organizations.
Who is the CEO of The Foundation For The Church Of The Palms Presbyt?
Andrea Jackson is the Director of The Foundation For The Church Of The Palms Presbyt.
What is the revenue of The Foundation For The Church Of The Palms Presbyt?
The Foundation For The Church Of The Palms Presbyt's revenue in 2022 was $529,338.
Who are the executives of The Foundation For The Church Of The Palms Presbyt and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for The Foundation For The Church Of The Palms Presbyt?
The Foundation For The Church Of The Palms Presbyt's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Foundation For The Church Of The Palms Presbyt
The Foundation for the Church of the Palms Presbyterian is established with a mission to receive, manage, and distribute donations, funds, and properties for various charitable purposes. These funds are primarily utilized for general mission benevolences, capital improvements for the church, and directly related facilities. All activities undertaken by the foundation adhere to the guidelines set by Section 501(C)(3), ensuring that the funds are used for charitable purposes. In essence, the foundation acts as a conduit for philanthropic contributions, channeling them towards initiatives that align with its mission and the spirit of Section 501(C)(3).
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Impact
October, 2024
The Foundation For The Church Of The Palms Presbyt plays a crucial role in supporting community and church initiatives in Sarasota, FL. By receiving and managing gifts and donations, the foundation ensures that funds are strategically allocated towards general mission benevolences and capital improvements. This includes significant contributions to various charitable organizations and covering operating expenses for programs that benefit the community.
The impact of the foundation extends beyond financial support; it fosters a spirit of generosity and collaboration within the community. By directing resources to both the church and related facilities, the foundation enhances the infrastructure and services provided to congregants and local residents. This commitment not only strengthens the church's mission but also contributes to the overall well-being of the community by addressing essential needs and encouraging active participation in local benevolent efforts.
This information is meant to be a general summary of The Foundation For The Church Of The Palms Presbyt. 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: $154,948
- Gross Receipts: $529,338
Assets and Liabilities:
- Total Assets: $8,121,720
- Total Liabilities: $0
- Net Assets: $8,121,720
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Organization Details
Founding Year
1983
Principal Officer
Andrea Jackson
Main Address
3224 BEE RIDGE ROAD, SARASOTA, FL, 34239
NTEE Category
Code: X20 - Religion related
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