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Eef Endowment

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812072553 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Eef Endowment?

Eef Endowment is a nonprofit organization situated in Austin, Texas. Its primary purpose is to support and strengthen the activities and objectives of Eanes Education Foundation. Actively contributing to the foundation's programs and operations, Eef Endowment is dedicated to furthering the cause of education within its community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star Rating

The Eef Endowment has received a rating of 80%, which translates to a three-star rating based primarily on its Accountability & Finance metrics. A strong point for the organization is its high percentage of independent board members and a solid program expense ratio, indicating that a significant portion of funds is directed towards its programs.

However, the organization does face some limitations concerning its transparency policies. It lacks a whistleblower policy and a document retention and destruction policy, which are important for ensuring accountability and safeguarding the integrity of operations. Although the board meeting minutes are documented, the absence of these key policies may raise concerns about governance practices.

Overall, while the Eef Endowment demonstrates commendable financial management and accountability, the identified gaps in its policies could be areas for improvement to enhance its overall effectiveness and transparency in operations.


This AI summary has been generated from information found on Charity Navigator.

Is Eef Endowment legitimate?

Eef Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eef Endowment 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 Eef Endowment?

The EEF Endowment is established to support and enhance the objectives of Eanes Education Foundation. Operating exclusively for its benefit, the EEF Endowment aims to bolster the foundation's programs and operations. The mission of EEF Endowment is to further the goals and activities of Eanes Education Foundation without providing specific details about the nature of these objectives. It is noteworthy that the EEF Endowment operates within an unspecified location.

What is the revenue of Eef Endowment?

Eef Endowment's revenue in 2024 was $229,457.

Who are the executives of Eef Endowment and what are their salaries?

There 7 volunteers at Eef Endowment.

Here are 7 key members and their salaries:


Holly Noel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Weeks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Aghamalian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simms Browning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Callaham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Marwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Eef Endowment?

Eef Endowment's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Eef Endowment

Eef Endowment, as a nonprofit organization, is dedicated to supporting and advancing the objectives and initiatives of Eanes Education Foundation. This endowment operates with the sole intention of bolstering the foundation's programs and operations. By doing so, Eef Endowment contributes to the betterment of the cause that the Eanes Education Foundation stands for, without specifying the exact nature of this cause. The organization's mission is to serve as a beneficial ally to the foundation, working towards its objectives in an exclusive and dedicated manner.

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Impact




October, 2024

The Eef Endowment significantly impacts the educational landscape by enhancing and supporting the programs and operations of the Eanes Education Foundation. Based in Austin, TX, it plays a crucial role in providing resources that advance educational initiatives, thereby benefiting students, teachers, and the broader community. By focusing on the needs of the Eanes Education Foundation, the Eef Endowment ensures that essential programs receive the necessary funding and support to thrive. This strengthens the overall quality of education in the area and fosters an environment where students can excel.




This information is meant to be a general summary of Eef Endowment. 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.

Revenue
$229,457 (2024)
Expenses
$58,473 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $75,201
  • Gross Receipts: $230,927

Assets and Liabilities:

  • Total Assets: $1,180,161
  • Total Liabilities: $0
  • Net Assets: $1,180,161

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Organization Details

Founding Year

2015

Principal Officer

Jenny Aghamalian

NTEE Category

Code: B11 - Education

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