Overview
What is Riverhill Foundation Inc?
Riverhill Foundation Inc, based in Killen, Alabama, serves as a permanent endowment for Riverhill School, an affiliated tax-exempt organization. Its primary mission is to support the school through financial contributions, primarily towards capital improvements and enrichment programs that are not funded otherwise. The foundation's resources aid in introducing new programs and enhancing existing ones, thereby contributing to the overall growth and development of the school.
Is Riverhill Foundation Inc legitimate?
Riverhill Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverhill 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Riverhill Foundation Inc?
The Riverhill Foundation Inc was established with the purpose of providing a permanent endowment for Riverhill School, a tax-exempt affiliated organization. The funds collected by the foundation are primarily utilized for capital improvements, the introduction of new programs, and enrichment activities that are not financially supported by the school itself. This non-profit organization aims to enhance the educational experience and opportunities for the students at Riverhill School.
Who is the CEO of Riverhill Foundation Inc?
George Pillow is the Sec/Tres of Riverhill Foundation Inc.
What is the revenue of Riverhill Foundation Inc?
Riverhill Foundation Inc's revenue in 2022 was $347,115.
Who are the executives of Riverhill Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Riverhill Foundation Inc?
Riverhill Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Riverhill Foundation Inc
Riverhill Foundation Inc was established with a mission to provide a permanent endowment for Riverhill School, an affiliated tax-exempt organization. The primary role of Riverhill Foundation Inc is to procure funds, which are then utilized for capital improvements, the establishment of new programs, and the implementation of enrichment programs. Notably, these initiatives are not typically supported by Riverhill School itself. By providing these additional resources, Riverhill Foundation Inc contributes to the school's capacity to enhance its offerings and better serve its community.
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Impact
October, 2024
Riverhill Foundation Inc. significantly enhances the educational experience at Riverhill School by providing a permanent endowment dedicated to supporting essential initiatives. The foundation allocates funds for vital capital improvements and the development of new programs, as well as enrichment opportunities that are not covered by the school’s standard budget. This financial support allows for the expansion and enhancement of learning environments, fostering innovation and growth within the school community. By ensuring resources are available for additional programs, the foundation plays a crucial role in enriching the educational landscape for students and elevating the overall quality of education at Riverhill School in Killen, Alabama.
This information is meant to be a general summary of Riverhill 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: $1,115
- Program Service Revenue: $96,000
- Gross Receipts: $347,115
Assets and Liabilities:
- Total Assets: $6,560,505
- Total Liabilities: $419,294
- Net Assets: $6,141,211
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REAL ESTATE RENTAL
Revenue
$96,000
Organization Details
Founding Year
1990
Principal Officer
George Pillow
Main Address
PO BOX 878, KILLEN, AL, 35645
NTEE Category
Code: Z99 - Unknown
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