Overview
What is Louisiana Bankers Patrick Spencerfisc Education Foundation Inc?
The Louisiana Bankers Patrick Spencerfisc Education Foundation is a nonprofit organization dedicated to enhancing financial literacy in Louisiana. They achieve this goal by educating children, consumers, and bankers about banking and personal financial management through various means, including the distribution of relevant information, resources, and educational materials. This foundation serves as a valuable asset in fostering a financially responsible community in Louisiana.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating.
The Louisiana Bankers Patrick Spencerfisc Education Foundation Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong emphasis on accountability and finance. The foundation's overall score is derived entirely from its high marks in these areas, showcasing a commitment to transparency and responsible financial management.
Key strengths of the organization include its fully independent board of directors, with 100% of its members meeting this criterion. The foundation has established robust policies for conflict of interest, whistleblower protections, and document retention, indicating a thorough approach to governance. Furthermore, it has reported no material diversion of assets, further solidifying its integrity.
Despite its strengths, the rating does not reflect potential qualitative aspects of the foundation's community impact or program effectiveness. While the financial metrics are commendable, potential donors may want to consider how the foundation's programs translate into tangible benefits for the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Louisiana Bankers Patrick Spencerfisc Education Foundation Inc legitimate?
Louisiana Bankers Patrick Spencerfisc Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana Bankers Patrick Spencerfisc Education 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
For more financial information, click here
What is the mission statement of Louisiana Bankers Patrick Spencerfisc Education Foundation Inc?
The Louisiana Bankers Patrick Spencerfisc Education Foundation serves to educate children, consumers, and bankers in Louisiana on banking and personal financial management. They accomplish this by providing relevant information, resources, and educational materials. Their primary objective is to promote financial literacy and understanding of banking practices within the community. The foundation aims to empower individuals with the necessary skills to manage their finances effectively, thereby fostering financial stability and independence. By offering various learning opportunities, the Louisiana Bankers Patrick Spencerfisc Education Foundation strives to contribute to a financially responsible society.
Who is the CEO of Louisiana Bankers Patrick Spencerfisc Education Foundation Inc?
Ginger Laurent is the Board Member of Louisiana Bankers Patrick Spencerfisc Education Foundation Inc. The CEO's salary of Louisiana Bankers Patrick Spencerfisc Education Foundation Inc is $0 and their total compensation is $294,946.
What is the revenue of Louisiana Bankers Patrick Spencerfisc Education Foundation Inc?
Louisiana Bankers Patrick Spencerfisc Education Foundation Inc's revenue in 2022 was $40,891.
Who are the executives of Louisiana Bankers Patrick Spencerfisc Education Foundation Inc and what are their salaries?
There 14 volunteers at Louisiana Bankers Patrick Spencerfisc Education Foundation Inc.
Here are 15 key members and their salaries (Louisiana Bankers Patrick Spencerfisc Education Foundation Inc's CEO's salary is $0 and their total compensation is $294,946):
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- Related: $262,119
- Other: $32,827
Where can I find the form 990 for Louisiana Bankers Patrick Spencerfisc Education Foundation Inc?
Louisiana Bankers Patrick Spencerfisc Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Louisiana Bankers Patrick Spencerfisc Education Foundation Inc
The Louisiana Bankers Patrick Spencerfisc Education Foundation is an organization dedicated to enlightening Louisiana's children, consumers, and bankers about banking and personal financial management. They accomplish this mission by supplying relevant information, useful products, and educational resources. By doing so, the foundation aims to foster a deeper understanding of banking practices and financial management among its target audience, ultimately promoting financial literacy and stability.
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Impact
August, 2024
The Louisiana Bankers Patrick Spencerfisc Education Foundation Inc's impact is to educate Louisiana children, consumers, and bankers on banking and personal financial management through the provision of information, products, and education.
This information is meant to be a general summary of Louisiana Bankers Patrick Spencerfisc Education 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: $4,264
- Gross Receipts: $53,594
Assets and Liabilities:
- Total Assets: $1,087,314
- Total Liabilities: $44,827
- Net Assets: $1,042,487
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Organization Details
Founding Year
2001
Phone
(225) 387-3282Principal Officer
Ginger Laurent
Main Address
5555 BANKERS AVENUE, BATON ROUGE, LA, 70808
NTEE Category
Code: B40 - Education
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