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Heart Of Texas Community Foundation

Wells Fargo Bank Ifs Fiduciary Tax

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 746414639 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Heart Of Texas Community Foundation?

Heart of Texas Community Foundation is a not-for-profit organization situated in Charlotte, North Carolina. Its primary function involves managing assets on behalf of various individuals and entities as a community foundation. The foundation serves as a trusted entity that pools resources from various donors to support local initiatives and community development projects. By holding assets for others, Heart of Texas Community Foundation contributes to the betterment of the Charlotte community and the surrounding areas, fostering a sense of collective giving and impact.

Is Heart Of Texas Community Foundation legitimate?

Heart Of Texas Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heart Of Texas Community 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 Heart Of Texas Community Foundation?

The Heart of Texas Community Foundation serves as a custodian of assets for various entities. Its mission, in essence, is to act as a community foundation organization, managing resources on behalf of others. This foundation's role is to support the community by holding and managing assets for various entities, contributing to the betterment of the community as a whole. The exact activities and initiatives undertaken by the foundation may vary, but its primary purpose is to serve as a trustworthy steward of assets for the benefit of the community.

Who is the CEO of Heart Of Texas Community Foundation?

Kittredge Werlein is the Member of Heart Of Texas Community Foundation.

What is the revenue of Heart Of Texas Community Foundation?

Heart Of Texas Community Foundation's revenue in 2022 was $0.

Who are the executives of Heart Of Texas Community Foundation and what are their salaries?


Here are 4 key members and their salaries:


Virgil Justice (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas S Terrell (Sect/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kittredge Werlein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wells Fargo Wealth Management (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Heart Of Texas Community Foundation?

Heart Of Texas Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Heart Of Texas Community Foundation

The Heart of Texas Community Foundation, in its mission, serves as a custodian for assets on behalf of others. Acting as a community foundation, this organization holds assets for various entities, promoting charitable giving and community development. By managing these assets, the Heart of Texas Community Foundation plays a crucial role in facilitating philanthropic activities, thereby contributing to the betterment of the community at large.

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Impact




October, 2024

Heart of Texas Community Foundation significantly enhances the philanthropic landscape in Charlotte, NC, by managing assets for various community-focused initiatives. This foundation acts as a steward for donor funds, ensuring that resources are effectively allocated to support local projects and programs that address community needs. By holding and managing these assets, it empowers charitable efforts and fosters lasting impacts in areas such as education, health, and community development. Through its strategic partnerships and fiduciary management, the foundation plays a critical role in channeling financial support to causes that resonate with the community, thereby promoting a culture of giving and collaboration among residents. Its mission is to enrich the lives of those in the region, making a tangible difference in the lives of individuals and families.




This information is meant to be a general summary of Heart Of Texas Community 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.

Revenue
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $1,369,148
    • Total Liabilities: $1,369,148
    • Net Assets: $0

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    Organization Details

    Founding Year

    1994

    Principal Officer

    Kittredge Werlein

    Main Address

    1525 WEST WT HARRIS BLVD MAC D1114-, CHARLOTTE, NC, 28288

    NTEE Category

    Code: T70 - Philanthropy

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