Overview
What is Tyler Catholic School Foundation?
Tyler Catholic School Foundation is a nonprofit organization situated in Tyler, Texas. Its primary mission revolves around providing financial aid to students in need and offering support to the local Catholic school system. The foundation achieves this goal by granting scholarships and making direct donations to schools to purchase essential items like supplies, equipment, books, and other materials. Furthermore, the organization works to establish and maintain endowments to meet future financial needs. In addition, informational materials are created and disseminated to individuals interested in supporting Catholic education. Overall, Tyler Catholic School Foundation plays a significant role in enhancing the educational opportunities for underprivileged students and strengthening the Catholic school system in its community.
Official website here: www.tcsf.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 71%)
The Tyler Catholic School Foundation has received a two-star rating, indicating a need for improvement despite a strong accountability and finance score of 100%. The organization exhibits commendable governance practices, as evidenced by having an independent board and clear policies in place for conflict of interest and material diversion of assets. However, there are significant shortcomings in areas such as whistleblower and document retention policies, which have not been adequately addressed.
Additionally, the foundation's program expense ratio stands at 68.62%, reflecting a reasonable portion of its expenses dedicated to program services. This suggests a commitment to its mission, although the rating indicates that there is room for improvement in transparency and operational practices. Notably, the organization did not post its tax forms on its website, which is a factor that contributes to the overall rating.
In conclusion, while the Tyler Catholic School Foundation shows promise with its governance and financial accountability, it must address its deficiencies in policy implementation and transparency to enhance its overall effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Tyler Catholic School Foundation legitimate?
Tyler Catholic School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tyler Catholic School 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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Official website here: www.tcsf.net
What is the mission statement of Tyler Catholic School Foundation?
The Tyler Catholic School Foundation's mission is centered around providing support to the Catholic school system. They offer scholarships to students in financial need, and make direct donations to the schools to procure necessary supplies, equipment, books, and other materials. The foundation also works towards establishing and maintaining endowments to cater to future financial requirements. Furthermore, informational materials are developed and disseminated to individuals interested in supporting Catholic education.
Official website here: www.tcsf.net
Who is the CEO of Tyler Catholic School Foundation?
Kara Camp is the President of Tyler Catholic School Foundation.
Official website here: www.tcsf.net
What is the revenue of Tyler Catholic School Foundation?
Tyler Catholic School Foundation's revenue in 2022 was $1,266,156.
Official website here: www.tcsf.net
Who are the executives of Tyler Catholic School Foundation and what are their salaries?
There 14 volunteers at Tyler Catholic School Foundation.
Here are 14 key members and their salaries:
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Official website here: www.tcsf.net
Where can I find the form 990 for Tyler Catholic School Foundation?
Tyler Catholic School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tcsf.net
Learn more at the official website: www.tcsf.net
Mission Statement of Tyler Catholic School Foundation
The Tyler Catholic School Foundation's mission revolves around providing support to the Tyler Catholic School System. This nonprofit organization takes an active role in aiding students in need of financial assistance by offering scholarships. Beyond scholarships, the foundation also contributes directly to the schools, providing them with essential supplies, equipment, books, and other necessary materials. Recognizing the importance of future financial needs, the foundation works diligently to create and maintain endowments. Furthermore, informational materials are developed and distributed to individuals who show interest in supporting Catholic education. By engaging in these activities, the Tyler Catholic School Foundation aims to strengthen the educational environment and ensure the continued success of Catholic schools.
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Impact
July, 2024
Tyler Catholic School Foundation's impact is significant in providing support to the Tyler Catholic School system. Through scholarships, the foundation assists students in need of financial assistance, ensuring they have access to quality education. Additionally, donations are directly made to schools to purchase essential supplies, equipment, books, and other materials, enhancing the learning environment for students. The foundation's work in creating and maintaining endowments helps in ensuring long-term financial stability for the schools. By distributing informational materials, the foundation also raises awareness and interest in supporting Catholic education within the community, making a lasting difference in the lives of students and the educational institutions they attend.
This information is meant to be a general summary of Tyler Catholic School 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: $139,422
- Gross Receipts: $2,441,717
Assets and Liabilities:
- Total Assets: $5,152,676
- Total Liabilities: $0
- Net Assets: $5,152,676
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Organization Details
Founding Year
1985
Phone
(903) 534-0088Principal Officer
Kara Camp
Main Address
1001 ESE LOOP 323 SUITE 300, TYLER, TX, 75701
Website
www.tcsf.netNTEE Category
Code: B82 - Education
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