Overview
What is Monsignor William P Kennedy Education Foundation?
Monsignor William P Kennedy Education Foundation, based in Modesto, California, serves as an educational support organization. Its primary objective is to contribute financially to Our Lady of Fatima School, with the ultimate goal of strengthening its educational offerings. The foundation's mission is centered around providing essential financial aid to ensure the school's continued success and growth. While specific details about additional programs or initiatives are unavailable, the foundation's primary focus remains on supporting the Our Lady of Fatima School.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Monsignor William P Kennedy Education Foundation has achieved a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance. The overall score is derived solely from their Accountability & Finance beacon, which is rated at 80%. This rating is significant as it reflects the foundation's commitment to transparency and responsible financial management.
One of the foundation's notable strengths is its governance structure, featuring a fully independent board with six members. This is complemented by strong policies, including a conflict of interest policy and documented board meeting minutes, signaling effective oversight. Furthermore, the foundation maintains a favorable liabilities to assets ratio of 0.00%, showing a robust financial position.
On the programmatic side, the foundation excels with a high program expense ratio of 94.42%, indicating that a significant majority of its expenses are directed towards its educational mission. However, while the score highlights strong accountability, it is worth noting that the overall rating is based on a single aspect of performance, which may limit a comprehensive understanding of the foundation's broader impact.
This AI summary has been generated from information found on Charity Navigator.
Is Monsignor William P Kennedy Education Foundation legitimate?
Monsignor William P Kennedy Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monsignor William P Kennedy Education 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 Monsignor William P Kennedy Education Foundation?
The Monsignor William P Kennedy Education Foundation, serving as an educational service provider, is committed to supporting a specific school. Its mission is primarily focused on providing financial aid to this institution, ensuring its continued operation and success. The foundation aims to contribute positively to the educational community, with a particular focus on the school in question.
Who is the CEO of Monsignor William P Kennedy Education Foundation?
John Resso is the Chairman of Monsignor William P Kennedy Education Foundation.
What is the revenue of Monsignor William P Kennedy Education Foundation?
Monsignor William P Kennedy Education Foundation's revenue in 2023 was $214,573.
Who are the executives of Monsignor William P Kennedy Education Foundation and what are their salaries?
There 9 volunteers at Monsignor William P Kennedy Education Foundation.
Here are 9 key members and their salaries:
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Monsignor William P Kennedy Education Foundation?
Monsignor William P Kennedy Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Monsignor William P Kennedy Education Foundation
The Monsignor William P Kennedy Education Foundation, an educational service provider, is committed to supporting Our Lady of Fatima School. Their mission is to provide the necessary financial aid to this educational institution, thereby ensuring its continuation and success. By supporting Our Lady of Fatima School, the foundation aims to contribute to the overall educational development and well-being of the students and community it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Monsignor William P Kennedy Education Foundation significantly enhances the educational landscape by providing essential financial support to Our Lady of Fatima School in Modesto, CA. Through its commitment, the foundation ensures that students receive quality education and resources necessary for their academic success. This support not only aids in maintaining and improving the school’s programs but also helps alleviate financial burdens for families, fostering a supportive learning environment. By strengthening the school's capabilities, the foundation plays a crucial role in promoting educational excellence and community development.
This information is meant to be a general summary of Monsignor William P Kennedy Education 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: $73,109
- Gross Receipts: $214,573
Assets and Liabilities:
- Total Assets: $3,305,367
- Total Liabilities: $0
- Net Assets: $3,305,367
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1987
Phone
(209) 524-4170Principal Officer
John Resso
Main Address
501 W GRANGER AVE, MODESTO, CA, 95350
NTEE Category
Code: B90 - Education
If you are a representative of Monsignor William P Kennedy Education Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.