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Summers Foundation

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

EIN: 752851505 ✦ Palestine, TX ✦ Designated as a 501(c)(3)

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Overview

What is Summers Foundation?

The Summers Foundation, based in Palestine, Texas, is a nonprofit organization dedicated to supporting various Section 501(c)(3) organizations within and surrounding Anderson County. Their primary focus is on providing financial assistance to these charitable entities. The foundation's support extends to organizations like the First Presbyterian Church of Palestine and Boy Scout Troop 440, with the former receiving 5,000 dollars and the latter receiving 15,000 dollars, as stated in the provided information. The Summers Foundation is organized with the sole intention of benefiting the community and its charitable organizations.

Is Summers Foundation legitimate?

Summers Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summers 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 Summers Foundation?

The Summers Foundation is dedicated to supporting several Section 501(c)(3) organizations. Its mission is to benefit these organizations, specifically those located around Anderson County, Texas. Among the organizations it supports are the Presbyterian Church of Palestine and Boy Scout Troop 440, to which it provides financial assistance to the tune of 15,000 and 5,000 dollars respectively. The foundation's activities are geared towards uplifting these organizations and contributing to their causes.

Who is the CEO of Summers Foundation?

A Hugh Summers is the President of Summers Foundation.

What is the revenue of Summers Foundation?

Summers Foundation's revenue in 2022 was $158,980.

Who are the executives of Summers Foundation and what are their salaries?


Here are 4 key members and their salaries:


A Hugh Summers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haywood L Harris Jr (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geraldine Ivey (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ahnise V Summers (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Summers Foundation?

Summers Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Summers Foundation

The Summers Foundation is dedicated to supporting various Section 501(c)(3) organizations in their mission. This philanthropic entity is organized with the sole purpose of benefiting these nonprofit organizations in and around Anderson County, Texas. Among the organizations it supports are the Boy Scout Troop 440 affiliated with the Presbyterian Church of Palestine, and the First Presbyterian Church of Palestine itself, contributing a significant sum of 15,000 and 5,000 dollars respectively. The Summers Foundation's mission is to empower these organizations, providing them with the means to continue their work and make a positive impact in their respective communities.

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Impact




October, 2024

The Summers Foundation significantly enhances the social and community resources in and around Anderson County, Texas. By providing financial support to various 501(c)(3) organizations, it plays a vital role in bolstering local initiatives that foster community development and engagement. Notably, contributions have been made to the Presbyterian Church of Palestine, benefiting programs such as Boy Scout Troop 440 and other community-focused activities. These investments not only support youth development and leadership through scouting but also strengthen the church's outreach and support services in the region. Overall, the Summers Foundation actively contributes to the enhancement of social welfare and community vibrancy in Palestine, TX, and its surroundings.




This information is meant to be a general summary of Summers 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
$158,980 (2022)
Expenses
$44,576 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $158,980
  • Gross Receipts: $428,765

Assets and Liabilities:

  • Total Assets: $1,886,210
  • Total Liabilities: $0
  • Net Assets: $1,886,210

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Organization Details

Founding Year

1999

Principal Officer

A Hugh Summers

Main Address

PO BOX 1399, PALESTINE, TX, 75802

NTEE Category

Code: T30 - Philanthropy

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