Overview
What is Baxter Foundation Inc?
Baxter Foundation Inc is a nonprofit organization situated in Edmond, Oklahoma. Its primary mission is to support the Baxter Institute of Biblical and Cultural Studies, which specializes in training gospel ministers for the Spanish-speaking community. The foundation's activities extend beyond spiritual education, encompassing associated secondary ministries such as medical care and livelihood training. These auxiliary services often involve collaboration with the Baxter Institute and the Baxter Clinic (formerly known as the James Moody Adams Clinic).
Official website here: www.baxterinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Baxter Foundation Inc has received a 73% rating from Charity Navigator, indicating a Two-Star status primarily due to its focus on Accountability & Finance. The organization's score reflects strong performance in several areas, including a fully independent board and a high program expense ratio of 91.34%, denoting effective allocation of resources towards its mission.
The foundation benefits from having an entirely independent board and demonstrates no material diversion of assets, which highlights its accountability and financial integrity. However, there are notable gaps in governance practices, particularly the absence of a whistleblower policy and a document retention and destruction policy, which may raise concerns about transparency and risk management.
While the organization's financial health appears solid, with a liabilities to assets ratio of 0.00%, the missing governance policies may limit its overall effectiveness. Potential donors and stakeholders should consider these factors when evaluating the foundation's operational practices and commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Baxter Foundation Inc legitimate?
Baxter Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baxter Foundation 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: $124,117
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Official website here: www.baxterinstitute.org
What is the mission statement of Baxter Foundation Inc?
The Baxter Foundation Inc's primary mission is to educate gospel ministers for the Spanish-speaking community. This is accomplished in conjunction with the Baxter Institute of Biblical and Cultural Studies and the Baxter Clinic (formerly known as the James Moody Adams Clinic), where associated secondary ministries of medical care and livelihood training are also provided. The foundation's activities aim to equip ministers with the necessary spiritual tools while also addressing their physical and financial needs.
Official website here: www.baxterinstitute.org
What is the revenue of Baxter Foundation Inc?
Baxter Foundation Inc's revenue in 2023 was $3,099,413.
Official website here: www.baxterinstitute.org
Who are the executives of Baxter Foundation Inc and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.baxterinstitute.org
Where can I find the form 990 for Baxter Foundation Inc?
Baxter Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.baxterinstitute.org
Learn more at the official website: www.baxterinstitute.org
Mission Statement of Baxter Foundation Inc
Baxter Foundation Inc is dedicated to a primary mission of equipping gospel ministers for Spanish-speaking communities. This mission is complemented by secondary ministries focused on medical care and livelihood training. A significant portion of its work is carried out in collaboration with the Baxter Institute of Biblical and Cultural Studies and the Baxter Clinic, formerly known as the James Moody Adams Clinic. The Foundation's program provides support to the Baxter Institute as it educates ministers in the Spanish language.
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Impact
July, 2024
Baxter Foundation Inc's impact is primarily focused on training gospel ministers for Spanish-speaking people. They work closely with the Baxter Institute of Biblical and Cultural Studies and the Baxter Clinic to provide this training. In addition, they offer secondary ministries of medical care and livelihood training to support their mission. The foundation's work is crucial in supporting the spiritual and physical well-being of Spanish-speaking communities, particularly through the training of gospel ministers and the provision of healthcare services.
This information is meant to be a general summary of Baxter Foundation 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 2023.
- Investment Income: $79,175
- Gross Receipts: $3,099,413
Assets and Liabilities:
- Total Assets: $1,184,543
- Total Liabilities: $0
- Net Assets: $1,184,543
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Organization Details
Founding Year
2001
Principal Officer
David Norman Norm Easter
Website
www.baxterinstitute.orgNTEE Category
Code: E12 - Health
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