Overview
What is Presbyterian Village Foundation Inc?
Presbyterian Village Foundation Inc is a philanthropic organization based in Little Rock, Arkansas, committed to supporting Presbyterian Village, Inc., a non-profit continuing care community for older adults. The Foundation's primary aim is to enhance the mission of Presbyterian Village and improve the lives of its residents through various means. This includes making charitable contributions, securing funds for special programs, and soliciting funds for future capital renovations and expansions. The Foundation donated 337,420 for capital facility improvements and special services in the past. Its mission encompasses supporting ongoing programs and operations, funding special programs for residents, and generating future revenue through endowed resources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Presbyterian Village Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization earned a perfect score in key metrics, including a 96.06% program expense ratio, which indicates that the vast majority of its funds are directed towards its mission rather than overhead costs. The foundation also displays strong governance practices, with 83% of its board members being independent.
The foundation's commitment to transparency is further evidenced by its established policies on conflict of interest, whistleblower protection, and document retention. It has no reported instances of material asset diversion, which contributes to its high rating. These governance factors, combined with a low liabilities-to-assets ratio of 0.05%, suggest that the organization is well-managed and financially stable.
However, while the financial aspects are robust, the summary does not provide insights into the specific programs or services offered by the foundation. Understanding the impact of its initiatives would provide a more comprehensive view of its overall effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Village Foundation Inc legitimate?
Presbyterian Village Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Village 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 Presbyterian Village Foundation Inc?
The Presbyterian Village Foundation Inc's mission is to support a non-profit, continuing care community for older adults, known as Presbyterian Village. This is achieved through philanthropic resources, which enhance the mission of the community and improve the care of its residents. The foundation provides unlimited contributions and grants to support ongoing programs and operations, funds special programs for residents, and solicits funds for significant future capital renovations and expansion projects. The foundation's resources also help generate future revenue through endowed resources, benefiting the 11,000 square foot residential campus situated on 8 acres.
Who is the CEO of Presbyterian Village Foundation Inc?
Chris Marsh is the President & of Presbyterian Village Foundation Inc.
What is the revenue of Presbyterian Village Foundation Inc?
Presbyterian Village Foundation Inc's revenue in 2022 was $81,709.
Who are the executives of Presbyterian Village Foundation Inc and what are their salaries?
There 20 volunteers at Presbyterian Village Foundation Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Presbyterian Village Foundation Inc?
Presbyterian Village Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Presbyterian Village Foundation Inc
The Presbyterian Village Foundation Inc is dedicated to supporting Presbyterian Village, a non-profit continuing care community for older adults. Their mission is accomplished through philanthropic resources, which aim to advance the mission of Presbyterian Village and enhance the care of its residents. The foundation makes unresticted contributions and grants to support ongoing programs and operations, as well as funding special programs for residents annually or through endowed resources to generate future revenue. Furthermore, the Presbyterian Village Foundation Inc solicits funds for significant future capital renovations and expansion projects, contributing to the maintenance and growth of the 11,000 square foot residential campus located on 8 acres. In essence, the foundation's mission is to ensure the continued success and wellbeing of Presbyterian Village's older adult residents through financial support and resource development.
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Impact
October, 2024
Presbyterian Village Foundation Inc significantly enhances the quality of life for older adults at Presbyterian Village, Inc., a continuing care community. By providing philanthropic support, the Foundation contributes directly to the mission of advancing care for its residents.
Through substantial financial commitments, like the donation of $337,420 for capital improvements and special services, the Foundation ensures the community remains a safe and nurturing environment. It also secures designated funds for special programs that enrich residents' experiences, fostering a fulfilling and active lifestyle.
Moreover, the Foundation plays a crucial role in ensuring the sustainability of the community by soliciting funds for future capital renovations and expansion projects. These efforts not only enhance the existing facilities but also support the continuous development of the 11,000 square-foot campus located on 8 acres. Overall, the Foundation's impact resonates through improved facilities, enhanced programming, and a continued commitment to the well-being of its residents.
This information is meant to be a general summary of Presbyterian Village 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: -$54,090
- Gross Receipts: $81,709
Assets and Liabilities:
- Total Assets: $910,646
- Total Liabilities: $502
- Net Assets: $910,144
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Organization Details
Founding Year
1999
Phone
(501) 225-1615Principal Officer
Chris Marsh
Main Address
510 N BROOKSIDE DRIVE, LITTLE ROCK, AR, 72205
NTEE Category
Code: T110 - Philanthropy
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