Overview
What is Children's Aid Society Foundation?
The Children's Aid Society Foundation is a charitable organization based in Wichita Falls, Texas. Its primary mission is to support the operations of the Children's Aid Society of West Texas, Inc., another nonprofit entity. By transferring funds, specifically $500,000 during the fiscal year ending September 30, 2023, the foundation aids the Children's Aid Society of West Texas, Inc. in furthering its exempt purpose. In essence, the Children's Aid Society Foundation serves as a benefactor, contributing to the ongoing functions and activities of its sister organization.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Children's Aid Society Foundation has achieved a strong rating of 94%, reflecting its effective management and financial health. This high score is derived entirely from its Accountability & Finance metrics, indicating a robust commitment to transparency and responsible stewardship of donor funds. With a Four-Star rating, the organization demonstrates a commendable level of accountability that potential donors can trust.
One of the foundation's notable strengths is its fully independent board, consisting of 15 members, which ensures unbiased governance and oversight. The organization has also maintained a clean record regarding material diversion of assets, with no issues reported. Furthermore, the presence of comprehensive policies, including conflict of interest and whistleblower protections, underscores its dedication to ethical standards.
However, while the financial management and governance are exemplary, there are no additional insights available regarding the specific programs or outcomes of the foundation's initiatives. This limitation may leave some potential supporters seeking more information about the direct impact the organization has on the communities it serves. Overall, the Children's Aid Society Foundation stands out for its strong financial practices and governance, making it a reliable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Aid Society Foundation legitimate?
Children's Aid Society Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Aid Society 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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What is the mission statement of Children's Aid Society Foundation?
The Children's Aid Society Foundation's mission is primarily dedicated to supporting the operations of another organization, specifically the Children's Aid Society of West Texas, Inc. This support is carried out through providing grants, as demonstrated by the transfer of $500,000 during the year ending September 30, 2023. The Foundation's role is exclusively to aid in furthering the exempt purpose of the Children's Aid Society of West Texas, Inc., without specifying the exact nature of this purpose. The Foundation does not have a mission statement of its own, as it operates solely to support the work of the Children's Aid Society of West Texas, Inc.
Who is the CEO of Children's Aid Society Foundation?
Sheila Catron Choate is the President of Children's Aid Society Foundation.
What is the revenue of Children's Aid Society Foundation?
Children's Aid Society Foundation's revenue in 2023 was $28,271.
Who are the executives of Children's Aid Society Foundation and what are their salaries?
There 15 volunteers at Children's Aid Society Foundation.
Here are 15 key members and their salaries:
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Where can I find the form 990 for Children's Aid Society Foundation?
Children's Aid Society Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Children's Aid Society Foundation
The Children's Aid Society Foundation serves a vital role in supporting the operations of another nonprofit organization, the Children's Aid Society of West Texas, Inc. Established with a mission to exclusively aid the Children's Aid Society of West Texas, Inc., the Foundation's primary objective is to provide financial assistance through grants. This support allows the Children's Aid Society of West Texas, Inc. to further its exempt purpose. In the fiscal year ending September 30, 2023, the Children's Aid Society Foundation transferred $500,000 to the Children's Aid Society of West Texas, Inc., underscoring its commitment to this partnership. The Children's Aid Society Foundation's mission, therefore, is to strengthen the capabilities and impact of the Children's Aid Society of West Texas, Inc., by providing crucial financial support.
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Impact
October, 2024
The Children's Aid Society Foundation significantly impacts the lives of children and families in West Texas by providing essential financial support to the Children's Aid Society of West Texas, Inc. By transferring $500,000 in the year ending September 30, 2023, the foundation enables the society to further its mission of delivering vital human services. This funding helps the organization expand its programs and reach more children in need, ensuring that they receive the support, resources, and opportunities necessary for a brighter future. The foundation's dedication to improving the welfare of children in the community fosters positive outcomes and contributes to the overall health and stability of families in the region.
This information is meant to be a general summary of Children's Aid Society 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 2023.
- Investment Income: $28,271
- Gross Receipts: $2,831,245
Assets and Liabilities:
- Total Assets: $7,535,755
- Total Liabilities: $0
- Net Assets: $7,535,755
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Organization Details
Founding Year
2001
Phone
(940) 322-3141Principal Officer
Sheila Catron Choate
Main Address
1101 30TH STREET, WICHITA FALLS, TX, 76302
NTEE Category
Code: P11 - Human services
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