Overview
What is Provo Foundation?
The Provo Foundation is a nonprofit organization situated in Provo, dedicated to fostering public engagement and collaboration in the domains of arts, public services, health and welfare, and education. By promoting community projects, this organization aims to stimulate interest in arts and education, while also prioritizing public services and community health awareness.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Provo Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of financial health and accountability. With a score of 94%, the organization demonstrates effective management and a solid commitment to transparency in its operations. Their commitment to having 100% independent board members and a strong conflict of interest policy further enhances their credibility.
The foundation's financial metrics are robust, with no material diversion of assets reported and a remarkable program expense ratio of 100%. This suggests that all of their expenses are directed towards their programs, maximizing the impact of their fundraising efforts. Their strong liabilities to assets ratio of just 0.69% also reflects sound fiscal management, indicating that they are not over-leveraged.
While the Provo Foundation shows commendable strengths, the overall effectiveness of its programs and the specific impacts achieved by their initiatives are not detailed in the available data. Prospective donors and supporters may seek more information on the direct outcomes of their contributions to fully understand the foundation's impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Provo Foundation legitimate?
Provo Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Provo 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Provo Foundation?
The Provo Foundation's mission is to foster broad public engagement and collaboration in various sectors, namely arts, public services, health and welfare, and education. By encouraging community projects, the foundation aims to promote these fields and raise public awareness. The organization's activities are geared towards encouraging active participation and support from the general public in these areas.
Who is the CEO of Provo Foundation?
Daniel Follett is the President of Provo Foundation.
What is the revenue of Provo Foundation?
Provo Foundation's revenue in 2022 was $193,776.
Who are the executives of Provo Foundation and what are their salaries?
There 9 volunteers at Provo Foundation.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Provo Foundation?
Provo Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Provo Foundation
The Provo Foundation, as an organization, aims to stimulate widespread public engagement and collaboration in the domains of arts, public services, health and welfare, and education. By spearheading community initiatives, the Provo Foundation encourages the promotion of arts, public services, and education, fostering a sense of community involvement and awareness in these sectors.
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Impact
October, 2024
Provo Foundation significantly impacts the community by fostering greater public support and interaction across various sectors, including arts, public services, health and welfare, and education. Through its initiatives, the Foundation promotes and facilitates community projects that enhance cultural engagement, improve public services, and educate residents. This engagement not only enriches the local arts scene but also addresses vital community health issues and raises awareness around important welfare programs. By encouraging collaboration and participation, Provo Foundation helps create a vibrant, informed, and supportive community in Provo, Utah.
This information is meant to be a general summary of Provo 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: $42,206
- Gross Receipts: $193,776
Assets and Liabilities:
- Total Assets: $3,221,089
- Total Liabilities: $4
- Net Assets: $3,221,085
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Organization Details
Founding Year
1984
Phone
(801) 852-6512Principal Officer
Daniel Follett
Main Address
445 W CENTER ST, PROVO, UT, 84601
NTEE Category
Code: T30 - Philanthropy
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