Overview
What is Minnie Slaughter Veal Fund Highground Advisors Trustee?
Minnie Slaughter Veal Fund Highground Advisors Trustee is a trust that distributes its income to three charitable organizations based in Dallas, Texas, under the auspices of the Baptist General Convention of Texas. These charities are Baylor Health Care System Foundation, Buckner International, and First Baptist Church Dallas. The trust's mission, as described in the information, is to support these organizations, which fall under section 170(c)(2) of the Internal Revenue Code and cater to various aspects of healthcare and religious community services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Minnie Slaughter Veal Fund Highground Advisors Trustee holds a Three-Star rating from Charity Navigator, reflecting a solid performance primarily in accountability and finance. The charity has demonstrated strong fiscal management with an impressive Program Expense Ratio of 89.34%, indicating that a large portion of its expenses directly supports its mission.
In terms of governance, the organization has shown commendable practices by scoring full points in areas such as audit oversight, conflict of interest policies, and document retention. Additionally, the absence of any material diversion of assets further underscores the integrity of its financial operations.
However, while the charity's overall score is satisfactory, it is primarily based on a single beacon score, which limits a more comprehensive assessment of its performance. Continued monitoring of additional metrics could provide deeper insights into its overall impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Minnie Slaughter Veal Fund Highground Advisors Trustee legitimate?
Minnie Slaughter Veal Fund Highground Advisors Trustee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnie Slaughter Veal Fund Highground Advisors Trustee 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 Minnie Slaughter Veal Fund Highground Advisors Trustee?
The Minnie Slaughter Veal Fund Highground Advisors Trustee is a charitable entity with a mission to distribute its income to three recognized organizations: Baylor Health Care System Foundation, Buckner International, and the First Baptist Church of Dallas. These organizations operate under the auspices of the Baptist General Convention of Texas, which is an association of Baptist churches. The trust instrument legally mandates that the income be paid to these charities, categorized as 170(c)(2) organizations, for the furtherance of their respective missions.
Who is the CEO of Minnie Slaughter Veal Fund Highground Advisors Trustee?
Highground Advisors is the Trustee of Minnie Slaughter Veal Fund Highground Advisors Trustee.
What is the revenue of Minnie Slaughter Veal Fund Highground Advisors Trustee?
Minnie Slaughter Veal Fund Highground Advisors Trustee's revenue in 2022 was $15,699,066.
Who are the executives of Minnie Slaughter Veal Fund Highground Advisors Trustee and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Minnie Slaughter Veal Fund Highground Advisors Trustee?
Minnie Slaughter Veal Fund Highground Advisors Trustee's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Minnie Slaughter Veal Fund Highground Advisors Trustee
Minnie Slaughter Veal Fund Highground Advisors Trustee is a charitable entity with a mission to distribute its income to three recognized organizations: Baylor Health Care System Foundation, Buckner International, and First Baptist Church in Dallas, Texas. These organizations fall under the category described in section 170(c)(2) of the Internal Revenue Code and operate under the auspices of the Baptist General Convention of Texas, a union of Baptist churches.
In essence, Minnie Slaughter Veal Fund Highground Advisors Trustee serves as a philanthropic entity that channels its resources towards the causes supported by Baylor Health Care System Foundation, Buckner International, and First Baptist Church in Dallas. Baylor Health Care System Foundation focuses on various health-related initiatives, Buckner International prioritizes providing services and support to vulnerable populations, and First Baptist Church in Dallas contributes to the spiritual and community needs of its members and the wider Dallas community. By supporting these three charitable organizations, Minnie Slaughter Veal Fund Highground Advisors Trustee plays a significant role in advancing their respective missions and making a positive impact on the lives of those they serve.
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Impact
October, 2024
The Minnie Slaughter Veal Fund Highground Advisors Trustee plays a significant role in supporting critical charitable organizations in Dallas, Texas. Through its trust instrument, it ensures the consistent allocation of substantial financial resources to Baylor Health Care System Foundation, Buckner International, and First Baptist Church Dallas. Each of these organizations receives equal financial support, amounting to $3,584,673, which enhances their ability to serve the community.
By funding Baylor Health Care System Foundation, the trust contributes to healthcare advancements and patient care initiatives, addressing the medical needs of the community. Buckner International benefits from this support through its focus on vulnerable populations, providing services such as child welfare, family support, and senior care. Meanwhile, First Baptist Church Dallas utilizes the funds to engage in various religious and community outreach programs, fostering spiritual growth and support within the congregation and the greater Dallas area.
The trust's impact extends beyond immediate financial contributions; it strengthens the reliance and sustainability of vital services rooted in faith and community welfare, aligning with the mission of the Baptist General Convention of Texas. As a result, the Minnie Slaughter Veal Fund Highground Advisors Trustee significantly enhances the ability of these organizations to fulfill their missions and positively influence the lives of many in the region.
This information is meant to be a general summary of Minnie Slaughter Veal Fund Highground Advisors Trustee. 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: $864,576
- Gross Receipts: $15,699,066
Assets and Liabilities:
- Total Assets: $19,025,660
- Total Liabilities: $111
- Net Assets: $19,025,549
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Organization Details
Founding Year
1947
Phone
(214) 978-3300Principal Officer
Highground Advisors
Main Address
1717 MAIN ST STE 1400, DALLAS, TX, 75201
NTEE Category
Code: X20I - Religion related
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