Overview
What is Ywca Of Billings Endowment Foundation Inc?
Ywca Of Billings Endowment Foundation Inc is a 501(c)(3) nonprofit organization situated in Billings, Montana. Their primary goal is to manage investments and receive contributions, with the income generated serving to support the operations of the YWCA of Billings, Montana. The main objective of this foundation is to maintain the principal portion of investments, and the income generated is utilized for furthering the exempt purpose of the Young Women's Christian Association of Billings, Montana. This organization plays a crucial role in providing financial support to advance the mission of the YWCA in Billings.
Official website here: www.ywcabillings.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The YWCA Of Billings Endowment Foundation Inc has achieved a remarkable 97% score, which translates to a Four-Star rating indicating strong performance in accountability and finance. The organization's high score is primarily attributed to its exemplary practices, including having an entirely independent board and no material diversion of assets. This level of transparency and governance reflects a solid commitment to responsible financial management.
User feedback highlights the positive impact of the YWCA on its community, particularly through its child care programs. Reviewers have praised the nurturing environment provided by the staff, which fosters children's development through educational activities and emotional support. Personal accounts emphasize the organization's role in transforming lives, especially in challenging circumstances, showcasing the effectiveness of its programs.
While the charity has received overwhelmingly positive feedback, continuous engagement and outreach may further enhance its visibility and community impact. Sustaining its high standards of operation will be vital for maintaining trust and support from both clients and donors in the future. Overall, YWCA Of Billings is recognized for its strong commitment to service and positive community influence.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Ywca Of Billings Endowment Foundation Inc legitimate?
Ywca Of Billings Endowment Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ywca Of Billings Endowment 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: $0
For more financial information, click here
Official website here: www.ywcabillings.org
What is the mission statement of Ywca Of Billings Endowment Foundation Inc?
The YWCA of Billings Endowment Foundation Inc's primary role is to preserve its investment principal. The income generated from these investments is intended for supporting the exempt purposes of the Young Women's Christian Association (YWCA) of Billings, Montana. In essence, the foundation's mission is to contribute to the YWCA's objectives by managing its investments and distributing the earnings for its charitable activities. The YWCA, a 501(c)(3) organization, focuses on various social causes, benefiting from the foundation's financial support.
Official website here: www.ywcabillings.org
Who is the CEO of Ywca Of Billings Endowment Foundation Inc?
Sherril Burke is the President of Ywca Of Billings Endowment Foundation Inc.
Official website here: www.ywcabillings.org
What is the revenue of Ywca Of Billings Endowment Foundation Inc?
Ywca Of Billings Endowment Foundation Inc's revenue in 2022 was $116,252.
Official website here: www.ywcabillings.org
Who are the executives of Ywca Of Billings Endowment Foundation Inc and what are their salaries?
There 7 volunteers at Ywca Of Billings Endowment Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.ywcabillings.org
Where can I find the form 990 for Ywca Of Billings Endowment Foundation Inc?
Ywca Of Billings Endowment Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ywcabillings.org
Learn more at the official website: www.ywcabillings.org
Mission Statement of Ywca Of Billings Endowment Foundation Inc
The YWCA of Billings Endowment Foundation Inc is an organization dedicated to upholding and maintaining the principal portion of its investments. The income generated from these investments serves a noble purpose, contributing to the furtherance of the exempt mission of the Young Women's Christian Association of Billings, Montana. Essentially, the foundation's primary role is to manage contributions and investments, with the income derived benefiting the YWCA of Billings, Montana, a 501(c)(3) nonprofit organization. In a broader sense, the YWCA of Billings Endowment Foundation Inc acts as a financial backbone, supporting the philanthropic endeavors of the Young Women's Christian Association of Billings, Montana.
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Impact
October, 2024
The YWCA of Billings Endowment Foundation Inc plays a crucial role in providing sustainable financial support to the YWCA of Billings, Montana. By managing an endowment fund that holds and maintains investments, the foundation ensures a continuous flow of income dedicated to advancing the mission and initiatives of the YWCA.
This income supports various programs and services aimed at empowering women and promoting social justice in the community. It allows the YWCA to offer vital resources such as educational programs, housing assistance, and advocacy for women's rights, thus directly impacting the lives of individuals and families in Billings.
Through its efforts, the foundation not only fosters philanthropic contributions but also strengthens the long-term viability of the YWCA's operations, enabling the organization to respond effectively to the evolving needs of the community it serves. The endowment's impact reverberates through the lives it touches, enhancing opportunities for growth, empowerment, and support for those who seek it.
This information is meant to be a general summary of Ywca Of Billings Endowment 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 2022.
- Investment Income: $63,001
- Gross Receipts: $767,888
Assets and Liabilities:
- Total Assets: $1,550,776
- Total Liabilities: $0
- Net Assets: $1,550,776
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Organization Details
Founding Year
2000
Phone
(406) 252-6303Principal Officer
Sherril Burke
Main Address
909 WYOMING AVENUE, BILLINGS, MT, 59101
Website
www.ywcabillings.orgNTEE Category
Code: T21 - Philanthropy
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