Overview
What is James Dick Foundation Endowment Trust?
The James Dick Foundation Endowment Trust is a nonprofit entity established in 1986, with its primary location in Round Top, Texas. The main objective of this organization is to support the activities of the James Dick Foundation, a center dedicated to inspiring performance and learning. The Endowment Trust serves as a financial backbone for the foundation, ensuring its continued operation and growth. By providing financial aid, the Endowment Trust enables the James Dick Foundation to uphold its mission of nurturing artistic and educational development.
Official website here: www.festivalhill.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The James Dick Foundation Endowment Trust has achieved an impressive 97% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating indicates that the organization maintains high standards in its governance and financial health, which is essential for the trust of its donors and stakeholders.
One of the foundation's notable strengths is its commitment to transparency and accountability, as evidenced by its perfect scores in various governance aspects, including having a majority of independent board members and well-defined policies for conflict of interest and whistleblower protections. Additionally, it maintains a high program expense ratio of 91.73%, indicating that a significant portion of its funds is directed towards its mission-driven programs rather than administrative costs.
While the organization does not report any material diversion of assets, which further solidifies its financial integrity, continued attention to these aspects will be essential to uphold its favorable standing and ensure ongoing support from the community. Overall, the James Dick Foundation Endowment Trust demonstrates a robust framework of governance and financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is James Dick Foundation Endowment Trust legitimate?
James Dick Foundation Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. James Dick Foundation Endowment Trust 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
Official website here: www.festivalhill.org
What is the mission statement of James Dick Foundation Endowment Trust?
The James Dick Foundation Endowment Trust was established in 1986 with the purpose of creating and maintaining an endowment to financially support the James Dick Foundation. The primary mission of the Endowment Trust is to back the activities of the James Dick Foundation for the Performing Arts. By providing financial assistance, the Endowment Trust aims to contribute to the inspiration and learning initiatives carried out by the James Dick Foundation.
Official website here: www.festivalhill.org
Who is the CEO of James Dick Foundation Endowment Trust?
James Dick is the President of James Dick Foundation Endowment Trust.
Official website here: www.festivalhill.org
What is the revenue of James Dick Foundation Endowment Trust?
James Dick Foundation Endowment Trust's revenue in 2022 was $102,326.
Official website here: www.festivalhill.org
Who are the executives of James Dick Foundation Endowment Trust and what are their salaries?
There 3 volunteers at James Dick Foundation Endowment Trust.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $36,171
- Other: $18,747
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.festivalhill.org
Where can I find the form 990 for James Dick Foundation Endowment Trust?
James Dick Foundation Endowment Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.festivalhill.org
Learn more at the official website: www.festivalhill.org
Mission Statement of James Dick Foundation Endowment Trust
The James Dick Foundation Endowment Trust, established in 1986, was created with a mission to provide financial backing for the James Dick Foundation. This nonprofit entity, dedicated to inspiring performance and learning, serves as the recipient of the Endowment Trust's support. The Endowment Trust's primary role is to ensure the James Dick Foundation's continued operations and activities, thereby contributing to its mission of inspiring artistic growth and learning.
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Impact
October, 2024
The James Dick Foundation Endowment Trust plays a vital role in inspiring performance and learning through the arts. Established in 1986, its mission is to create and maintain an endowment that provides essential financial support for the activities of the James Dick Foundation for the Performing Arts in Round Top, TX. By ensuring ongoing funding, the Endowment Trust enables the foundation to offer a range of performances and educational opportunities that enrich the community and foster a love for the arts. Its commitment to philanthropy helps nurture artistic talent and cultural engagement, making a lasting impact on both individuals and the broader community.
This information is meant to be a general summary of James Dick Foundation Endowment Trust. 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: $101,626
- Gross Receipts: $260,658
Assets and Liabilities:
- Total Assets: $3,142,869
- Total Liabilities: $199,498
- Net Assets: $2,943,371
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Organization Details
Founding Year
1986
Phone
(979) 249-3129Principal Officer
James Dick
Main Address
PO Box 89, Round Top, TX, 78954
Website
www.festivalhill.orgNTEE Category
Code: T90Z - Philanthropy
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