Overview
What is Blue Bird Foundation?
The Blue Bird Foundation, based in Houston, Texas, serves as a financial backbone for The Blue Bird Circle's programs. This nonprofit organization manages endowment funds, which it distributes based on the needs of its affiliated Circle. The Blue Bird Foundation's primary role is to ensure the long-term financial stability of The Blue Bird Circle's initiatives, thereby contributing to their overall mission and impact.
Is Blue Bird Foundation legitimate?
Blue Bird Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Bird 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.
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What is the mission statement of Blue Bird Foundation?
The Blue Bird Foundation's primary mission is to manage and dispense funds from its endowment assets, serving as a financial backbone for the programs of The Blue Bird Circle. The foundation's board of directors determines the distribution of funds, ensuring that the financial needs of the Circle are met over the long term. In essence, the Blue Bird Foundation's role is to provide a reliable source of financial support, enabling the Blue Bird Circle to carry out its programs effectively.
Who is the CEO of Blue Bird Foundation?
Gayle Runshang is the President of Blue Bird Foundation.
What is the revenue of Blue Bird Foundation?
Blue Bird Foundation's revenue in 2022 was $2,021,136.
Who are the executives of Blue Bird Foundation and what are their salaries?
There 13 volunteers at Blue Bird Foundation.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Blue Bird Foundation?
Blue Bird Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blue Bird Foundation
The Blue Bird Foundation is an entity dedicated to managing endowment assets. Its primary role is to provide financial backing for the initiatives of The Blue Bird Circle. Established with a board-designated fund, the Foundation's mission is to offer long-term financial support to the Circle, ensuring the sustainability of its programs. The Board of Directors at Blue Bird Foundation meticulously reviews and approves disbursements to The Blue Bird Circle based on the organization's funding requirements. This philanthropic organization plays a vital role in supporting the endeavors of The Blue Bird Circle, allowing it to continue its mission effectively.
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Impact
October, 2024
The Blue Bird Foundation significantly impacts the community by managing endowment assets and providing crucial financial support for The Blue Bird Circle's programs. Through its strategic oversight, the Foundation ensures that resources are allocated effectively to meet the evolving needs of the Circle, thereby enhancing the scope and reach of its services. This financial backing enables The Blue Bird Circle to focus on delivering vital human services in Houston, TX, and cultivate long-term sustainability for its initiatives. By fostering this support, the Blue Bird Foundation plays a key role in empowering the community and addressing various social challenges.
This information is meant to be a general summary of Blue Bird 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: $2,021,136
- Gross Receipts: $6,927,533
Assets and Liabilities:
- Total Assets: $22,230,320
- Total Liabilities: $937,356
- Net Assets: $21,292,964
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Organization Details
Founding Year
1951
Phone
(713) 528-0470Principal Officer
Gayle Runshang
Main Address
615 West Alabama, Houston, TX, 77006
NTEE Category
Code: P112 - Human services
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