Overview
What is Nan Travis Foundation?
The Nan Travis Foundation is a 501(c)(3) nonprofit organization, following the guidelines of the Internal Revenue Service Code. Based in Jacksonville, Texas, its primary mission is to distribute funds to other charitable organizations or entities, as per Section 501(c)(3) or Section 170(c)(1) or (2) of the IRS Code. The foundation's goal is to contribute to charitable causes, with its assets and property dedicated to this charitable function.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating
The Nan Travis Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid score of 77%. This rating is solely based on the Accountability & Finance category, which emphasizes the organization's commitment to transparency and effective financial management. Notably, the foundation has demonstrated a strong performance in key areas such as having a fully independent board and a perfect record for material diversion of assets.
Strengths of the Nan Travis Foundation include its 100% independent board, which consists of 19 members, ensuring a high level of governance. The foundation also scored impressively in managing its assets, with a liabilities to assets ratio of 0.00%, indicating no debt. Additionally, the organization allocates all of its expenses towards its programs, achieving a Program Expense Ratio of 100.00%, which further highlights its focus on mission-related activities.
While the overall score is commendable, it is important for potential donors and supporters to consider that the rating is based entirely on the Accountability & Finance metrics. This suggests that while financial management is strong, other areas such as impact and effectiveness might not be reflected in this score. Overall, the Nan Travis Foundation appears to maintain high standards in governance and financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Nan Travis Foundation legitimate?
Nan Travis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nan Travis 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:
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Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Nan Travis Foundation?
The Nan Travis Foundation, as a charitable organization under Section 501(c)(3) of the IRS Code, focuses on making distributions to entities that align with this classification. The specific purposes of the foundation include supporting organizations described in sections 501(c)(3) or 170(c)(1) or (2) of the IRS Code. The assets and property of the foundation are dedicated to fulfilling its charitable function. In essence, the Nan Travis Foundation aims to contribute to causes that fall under the category of charitable organizations, as defined by the IRS.
Who is the CEO of Nan Travis Foundation?
Tim Mcrae is the Director of Nan Travis Foundation.
What is the revenue of Nan Travis Foundation?
Nan Travis Foundation's revenue in 2022 was $9,081.
Who are the executives of Nan Travis Foundation and what are their salaries?
There 20 volunteers at Nan Travis Foundation.
Here are 20 key members and their salaries:
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Where can I find the form 990 for Nan Travis Foundation?
Nan Travis Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nan Travis Foundation
The Nan Travis Foundation, operating under the charitable guidelines set by Section 501(c)(3) of the IRS Code, is committed to making distributions to eligible organizations. Its primary objective, as stated in the IRS Code of 1986, is to contribute to entities that fall under the same charitable category, either Section 501(c)(3) or Section 170(c)(1) or (2). The foundation's assets and properties are dedicated to carrying out its exempt function, demonstrating its unwavering commitment to its charitable mission.
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Impact
October, 2024
The Nan Travis Foundation focuses on making a significant charitable impact by providing financial support to various organizations. Through distributions to entities recognized under section 501(c)(3) of the IRS Code, it facilitates programs and initiatives that align with its mission to promote philanthropy. Operating primarily in Jacksonville, TX, the foundation is committed to enhancing community welfare and addressing essential needs through its funding efforts. By strategically allocating its resources, the Nan Travis Foundation creates opportunities for growth and positive change, thereby enriching the lives of individuals and strengthening the broader community.
This information is meant to be a general summary of Nan Travis 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: $9,081
- Gross Receipts: $9,081
Assets and Liabilities:
- Total Assets: $1,734,790
- Total Liabilities: $0
- Net Assets: $1,734,790
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Organization Details
Founding Year
1993
Principal Officer
Tim Mcrae
Main Address
501 South Ragsdale, Jacksonville, TX, 75766
NTEE Category
Code: T30 - Philanthropy
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