Overview
What is Saint Matthews Cathedral Endowment Fund Inc?
Saint Matthews Cathedral Endowment Fund Inc is a nonprofit organization, established to support and maintain St. Matthew's Cathedral in Dallas, Texas. Their primary mission is to ensure the cathedral's operational continuity, development, and advancement. They provide ongoing financial aid to the church, contributing to its upkeep and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
Saint Matthews Cathedral Endowment Fund Inc has demonstrated a strong commitment to financial accountability, as evidenced by its perfect scores in several key areas such as the majority independent board members and the liabilities to assets ratio. The organization has a program expense ratio of 100%, indicating that all expenses are directed towards its programs, which is a positive aspect for potential donors.
However, the nonprofit faces significant challenges in transparency and governance practices. It has received low scores for missing key policies, including conflict of interest and whistleblower policies, as well as not posting essential documents like tax forms on its website. These gaps may raise concerns about the organization's overall accountability and could impact donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is Saint Matthews Cathedral Endowment Fund Inc legitimate?
Saint Matthews Cathedral Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Matthews Cathedral Endowment Fund Inc 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
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What is the mission statement of Saint Matthews Cathedral Endowment Fund Inc?
The Saint Matthews Cathedral Endowment Fund's mission is centered around providing continuous support to a specific church, namely St. Matthew's Cathedral in Dallas, TX. This support encompasses maintaining, operating, developing, and advancing the church's facilities and activities. The primary objective of the fund is to ensure the church's longevity and growth.
Who is the CEO of Saint Matthews Cathedral Endowment Fund Inc?
Holly H Greef is the Trustee of Saint Matthews Cathedral Endowment Fund Inc.
What is the revenue of Saint Matthews Cathedral Endowment Fund Inc?
Saint Matthews Cathedral Endowment Fund Inc's revenue in 2022 was $209,456.
Who are the executives of Saint Matthews Cathedral Endowment Fund Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Saint Matthews Cathedral Endowment Fund Inc?
Saint Matthews Cathedral Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Saint Matthews Cathedral Endowment Fund Inc
The Saint Matthews Cathedral Endowment Fund, in its mission, is dedicated to supporting and enhancing St. Matthew's Cathedral in Dallas, Texas. This nonprofit organization strives to ensure the church's maintenance, operation, development, and advancement by providing ongoing financial assistance. Its primary goal is to sustain the church's existence and growth, thereby contributing to its continued service to the community.
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Impact
October, 2024
Saint Matthews Cathedral Endowment Fund Inc plays a vital role in sustaining and enhancing St. Matthew's Cathedral in Dallas, TX. By ensuring ongoing maintenance and operational support, this fund contributes to the development and advancement of the cathedral, which serves as a spiritual and community hub. The Fund's commitment to the cathedral's upkeep allows it to flourish as a place of worship, fostering a sense of community and belonging among congregants and visitors alike. Through its efforts, the Endowment Fund ensures that St. Matthew's Cathedral can continue to serve its mission and provide valuable services to the community for years to come.
This information is meant to be a general summary of Saint Matthews Cathedral Endowment Fund Inc. 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: $209,456
- Gross Receipts: $253,410
Assets and Liabilities:
- Total Assets: $4,211,311
- Total Liabilities: $0
- Net Assets: $4,211,311
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Organization Details
Founding Year
1962
Phone
(214) 938-5282Principal Officer
Holly H Greef
Main Address
5100 ROSS AVENUE, DALLAS, TX, 75206
NTEE Category
Code: X22 - Religion related
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