Overview
What is William C Conner Foundation?
The William C Conner Foundation, based in Fort Worth, Texas, serves as an investment fund for Texas Christian University (TCU) students. By making investment decisions, these students gain practical experience in financial analysis. Each year, the foundation donates 5% of its investment holdings, distributing 2.5% to TCU and the remaining 2.5% to Baylor University School of Medicine. This annual contribution aims to support and further the educational endeavors of both institutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The rating reflects a focus on accountability and finance, indicating that the William C Conner Foundation has a strong grasp on its financial management and governance practices. With no reported issues regarding asset diversion and a solid program expense ratio, the foundation demonstrates a commitment to using the majority of its resources for its intended charitable purposes.
The foundation boasts a majority of independent board members, which is a positive indicator of governance. It scored full points in key areas such as board meeting documentation and maintaining a healthy liabilities to assets ratio. This suggests a well-structured organization focused on adherence to best practices in nonprofit management.
However, the overall rating of 73% and the Two-Star designation indicate there is room for improvement in other areas, which may affect the foundation's ability to attract donations or support. While the financial health appears robust, prospective donors may want to look for additional information on the foundation's programmatic impact and transparency in other operational aspects.
This AI summary has been generated from information found on Charity Navigator.
Is William C Conner Foundation legitimate?
William C Conner Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. William C Conner 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 William C Conner Foundation?
The William C Conner Foundation serves as an investment fund, where investment decisions are advised by students from Texas Christian University (TCU). This experience enhances the students' understanding of financial analysis. Each year, the foundation donates a portion of its investment holdings, specifically 2.5% to TCU and an equal amount to Baylor University's School of Medicine. Combined, these donations account for 5% of the securities held by the foundation. The primary aim of the foundation is to provide a learning platform for students, while also contributing to the educational and medical sectors of both institutions.
Who is the CEO of William C Conner Foundation?
Halden Conner is the Trustee of William C Conner Foundation.
What is the revenue of William C Conner Foundation?
William C Conner Foundation's revenue in 2022 was $131,748.
Who are the executives of William C Conner Foundation and what are their salaries?
There 4 volunteers at William C Conner Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $524,717
- Other: $80,582
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $874,223
- Other: $373,908
Where can I find the form 990 for William C Conner Foundation?
William C Conner Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of William C Conner Foundation
The William C Conner Foundation serves as an investment fund, where investment decisions are recommended by students from Texas Christian University (TCU). This initiative allows the students to broaden their understanding of financial analysis. Each year, the foundation contributes 2.5% of its investment holdings to Texas Christian University and an equal amount to Baylor University's School of Medicine. In total, 5% of the securities held by the foundation are donated to these two institutions as of the previous year-end. The primary aim of the William C Conner Foundation is to provide a platform for TCU students to gain practical experience in financial analysis while contributing to the educational institutions.
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Impact
October, 2024
The William C. Conner Foundation significantly impacts education and healthcare through its innovative investment model. By allowing students from Texas Christian University (TCU) to recommend investment decisions, the foundation provides a unique, hands-on learning experience that enhances their knowledge of financial analysis. This practical involvement not only helps students develop essential skills but also prepares them for future careers in finance.
Each year, the foundation allocates 5% of its investment holdings, evenly split between TCU and Baylor University School of Medicine, supporting academic programs and healthcare advancements. This annual distribution fosters the growth of both institutions, contributing to their missions and improving educational outcomes for students while supporting medical research and community health initiatives. Through its commitment to education and healthcare, the William C. Conner Foundation leaves a lasting positive impact on the Fort Worth community and beyond.
This information is meant to be a general summary of William C Conner 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: $131,748
- Gross Receipts: $593,975
Assets and Liabilities:
- Total Assets: $1,627,169
- Total Liabilities: $25
- Net Assets: $1,627,144
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Organization Details
Founding Year
1973
Phone
(817) 257-7815Principal Officer
Halden Conner
Main Address
TANDY HALL 202 NEELEY SCHOOL OF BUS, FORT WORTH, TX, 76129
NTEE Category
Code: B80 - Education
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