Overview
What is Senior Citizens Foundation Inc?
Senior Citizens Foundation Inc, operating under the name FiftyForward, is a nonprofit organization based in Nashville, Tennessee. Their primary focus is on supporting senior citizens through various programs and initiatives. They receive financial contributions and property gifts, which they invest and manage to fulfill their mission. The foundation provides active aging support to senior adults through centers and volunteer programs, offering recreation, education, and socialization activities. Additionally, they offer supportive care aging programs that promote independent living, aging in place, health, and nutrition maintenance for senior adults. The mission of Senior Citizens Foundation Inc, doing business as FiftyForward Endowment, is to establish a permanent endowment fund to support the organization's activities and services.
Official website here: www.fiftyforward.org/endowment
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating reflects a strong emphasis on accountability and finance, with the organization achieving full scores in several key areas, indicating a commitment to transparency and responsible financial management.
The Senior Citizens Foundation Inc demonstrates effective governance with a fully independent board comprised of 14 members, showcasing their dedication to unbiased decision-making. The organization has no material diversion of assets, further underscoring its financial integrity. Moreover, they maintain a high program expense ratio of 92.90%, which suggests that a substantial portion of their resources directly supports their programs.
While the overall score is solid, it is calculated solely from the accountability and finance beacon, which might limit the assessment of other operational aspects. Potential donors may want to explore additional factors such as the impact of their programs and community engagement. Nonetheless, the foundation presents a reliable option for those looking to support a financially sound nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Senior Citizens Foundation Inc legitimate?
Senior Citizens Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Citizens Foundation 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.fiftyforward.org/endowment
What is the mission statement of Senior Citizens Foundation Inc?
The Senior Citizens Foundation Inc, also known as FiftyForward Endowment, has a mission to support Senior Citizens Inc, another organization with the same name. This support is primarily achieved by establishing a permanent endowment fund. This fund receives gifts of money and property, which are then skillfully invested and managed. The primary objective is to utilize the funds to provide financial aid to Senior Citizens Inc. The latter uses this grant money to offer active aging support through various centers and volunteer programs. These programs provide senior adults with recreational activities, education, socialization opportunities, and supportive care programs that promote independent living, aging in place, health maintenance, and nutritional support.
Official website here: www.fiftyforward.org/endowment
Who is the CEO of Senior Citizens Foundation Inc?
Patty St Clair is the President of Senior Citizens Foundation Inc.
Official website here: www.fiftyforward.org/endowment
What is the revenue of Senior Citizens Foundation Inc?
Senior Citizens Foundation Inc's revenue in 2022 was -$851,624.
Official website here: www.fiftyforward.org/endowment
Who are the executives of Senior Citizens Foundation Inc and what are their salaries?
There 14 volunteers at Senior Citizens Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.fiftyforward.org/endowment
Where can I find the form 990 for Senior Citizens Foundation Inc?
Senior Citizens Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fiftyforward.org/endowment
Learn more at the official website: www.fiftyforward.org/endowment
Mission Statement of Senior Citizens Foundation Inc
The Senior Citizens Foundation Inc, also known as FiftyForward Endowment, is committed to supporting Senior Citizens Inc, an organization dedicated to the well-being of senior adults. The mission of the Senior Citizens Foundation Inc is to establish a permanent endowment fund, receiving gifts of money and property. This fund is then invested and managed, with the earnings used to support Senior Citizens Inc's mission. The primary goal of the Senior Citizens Foundation Inc is to provide financial assistance to Senior Citizens Inc, enabling them to offer active aging support through centers and volunteer programs. These programs offer various activities such as recreation, education, and socialization, which are essential for the mental and physical health of senior adults. Additionally, the Senior Citizens Foundation Inc supports programs that promote independent living, aging in place, and health and nutrition maintenance for senior adults. The foundation's mission is crucial in ensuring the well-being and active participation of senior citizens in their communities.
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Impact
October, 2024
Senior Citizens Foundation Inc significantly enhances the quality of life for senior citizens through its robust support of FiftyForward, which offers a range of programs aimed at promoting active aging. By providing grants that fund activities in areas such as recreation, education, and socialization, they help create vibrant community centers where seniors can engage with one another and maintain meaningful connections.
The organization is dedicated to fostering independence among senior adults by backing supportive care and aging programs that emphasize health and nutrition maintenance. This holistic approach not only aids in improving physical well-being but also addresses emotional and social needs, empowering seniors to age in place comfortably.
Through their strategic investments and management of funds, Senior Citizens Foundation Inc ensures a sustainable impact, enriching the lives of older adults in Nashville, TN, and fostering a community where they can thrive well into their later years.
This information is meant to be a general summary of Senior Citizens Foundation 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: -$883,854
- Gross Receipts: $32,230
Assets and Liabilities:
- Total Assets: $4,495,513
- Total Liabilities: $24,465
- Net Assets: $4,471,048
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Organization Details
Founding Year
1984
Phone
(615) 352-3766Principal Officer
Patty St Clair
Main Address
174 RAINS AVENUE, NASHVILLE, TN, 37203
NTEE Category
Code: Z99 - Unknown
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