Overview
What is Scanlan Foundation?
The Scanlan Foundation is a Houston, Texas-based nonprofit organization with five employees. Their primary mission is to support Catholic religious, educational, and charitable activities and organizations in Texas. By promoting the Catholic faith and practices, they aim to carry out spiritual and corporal works of mercy within the state. The foundation provides grants to further these initiatives and contribute to the growth and sustainability of these organizations.
Official website here: www.scanlanfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
The Scanlan Foundation has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived entirely from its Accountability & Finance metrics, reflecting the organization’s commitment to transparency and responsible financial management. The foundation demonstrates strong governance, with 60% of its board members being independent, an essential factor for credibility.
The foundation excels in several key areas, including a perfect score in material diversion of assets and robust program expense ratio, with 83.54% of its budget allocated to programs. Additionally, essential policies such as conflict of interest and whistleblower protections are well-documented, which further enhances the organization’s accountability framework. The liabilities to assets ratio is also a commendable 0.00%, indicating a strong financial position.
Despite these strengths, the data does not provide insights into specific program impacts or outcomes, which might be a consideration for potential donors looking to understand the foundation's effectiveness beyond financial metrics. Overall, the Scanlan Foundation appears to operate with integrity and efficiency, making it a trustworthy nonprofit in the sector.
This AI summary has been generated from information found on Charity Navigator.
Is Scanlan Foundation legitimate?
Scanlan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scanlan Foundation 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: $180,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,438
For more financial information, click here
Official website here: www.scanlanfoundation.org/
What is the mission statement of Scanlan Foundation?
The Scanlan Foundation is dedicated to promoting the Catholic faith and practices in Texas. It achieves this goal by providing grants to support Catholic religious, educational, and charitable activities within the state. The foundation's mission is centered around spiritual and corporal works of mercy. By sponsoring various religious, educational, and charitable organizations and activities, the Scanlan Foundation works to strengthen the Catholic community in Texas. Its efforts aim to foster spiritual growth and provide essential aid to those in need, ultimately contributing to the betterment of the community.
Official website here: www.scanlanfoundation.org/
Who is the CEO of Scanlan Foundation?
Larry W Massey Jr is the Treasurer/Director of Scanlan Foundation.
Official website here: www.scanlanfoundation.org/
What is the revenue of Scanlan Foundation?
Scanlan Foundation's revenue in 2022 was $14,315,582.
Official website here: www.scanlanfoundation.org/
Who are the executives of Scanlan Foundation and what are their salaries?
The average compensation at Scanlan Foundation during 2022 was $55,488. There are 5 employees at Scanlan Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $90,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $90,000
- Related: $0
- Other: $0
Official website here: www.scanlanfoundation.org/
Where can I find the form 990 for Scanlan Foundation?
Scanlan Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scanlanfoundation.org/
Learn more at the official website: www.scanlanfoundation.org/
Mission Statement of Scanlan Foundation
The Scanlan Foundation, a notable philanthropic organization, is dedicated to promoting the Catholic faith and practices in Texas by supporting various Catholic religious, educational, and charitable activities within the state. This foundation's mission is twofold: first, it aims to foster spiritual growth by contributing to religious initiatives; second, it focuses on corporal works of mercy by funding charitable endeavors.
By extending financial assistance to a multitude of Catholic organizations in Texas, the Scanlan Foundation plays a significant role in nurturing faith and spiritual development. These grants aid religious institutions in carrying out their mission, allowing them to provide essential services and resources to their communities. Furthermore, the foundation's support helps ensure the ongoing success and growth of Catholic educational institutions, enabling them to provide high-quality education rooted in Catholic values.
In addition to fostering spiritual growth, the Scanlan Foundation is deeply committed to addressing the tangible needs of the Texas community. By providing grants to a variety of charitable organizations, it addresses the corporal works of mercy. These grants help fund programs and services that alleviate suffering and provide aid to those in need. By supporting these initiatives, the Scanlan Foundation makes a positive impact on the lives of countless individuals, bringing hope and assistance where it is most needed.
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Impact
October, 2024
The Scanlan Foundation plays a significant role in bolstering Catholic religious, educational, and charitable initiatives across Texas. By providing grants, it supports a variety of organizations that promote Catholic faith and practices, actively engaging in both spiritual and corporal works of mercy. Its impact is felt in communities as it enhances educational opportunities, supports religious activities, and addresses human service needs. Through these efforts, the foundation fosters a sense of community and encourages the practice of mercy in everyday life, ultimately strengthening the moral and ethical fabric of society in Texas.
This information is meant to be a general summary of Scanlan Foundation. 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: $12,052,152
- Gross Receipts: $23,358,350
Assets and Liabilities:
- Total Assets: $213,789,376
- Total Liabilities: $3,180
- Net Assets: $213,786,196
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Organization Details
Founding Year
1947
Phone
(713) 783-3169Principal Officer
Larry W Massey Jr
Main Address
4550 POST OAK PLACE DRIVE 241, HOUSTON, TX, 77027
Website
www.scanlanfoundation.org/NTEE Category
Code: P12 - Human services
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