Overview
What is Houston Scottish Rite Learning Center Foundation?
The Houston Scottish Rite Learning Center Foundation is a charitable organization, located in Bellaire, Texas. Their primary function involves managing investment funds and distributing grants to support the Houston Scottish Rite Learning Center. This center, not specified in the provided information, is presumably an educational institution or a resource center that benefits from the foundation's financial assistance. The foundation's activities serve to contribute to the center's mission and improve the lives of those it serves.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Houston Scottish Rite Learning Center Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity demonstrates excellent governance with 100% independent board members and maintains a perfect score across various accountability metrics, indicating robust operational transparency and responsibility.
Strengths of the organization include a flawless material diversion of assets score and a 100% program expense ratio, meaning all funds are allocated to program services. Additionally, the charity has established comprehensive policies for conflict of interest, whistleblower protection, and document retention, which further highlights its dedication to ethical standards and effective management.
While the organization exhibits strong financial health and governance practices, continuous monitoring of its operational strategies will be essential to maintain its high standards and effectiveness in serving its mission. Overall, the Houston Scottish Rite Learning Center Foundation stands out as a well-run nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Houston Scottish Rite Learning Center Foundation legitimate?
Houston Scottish Rite Learning Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Scottish Rite Learning Center 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 Houston Scottish Rite Learning Center Foundation?
The Houston Scottish Rite Learning Center Foundation's primary role is to manage investments and distribute grants to support the Houston Scottish Rite Learning Center. Their mission, in essence, is to contribute financially to the learning center, aiming to enhance its capabilities and impact. The foundation's grants are intended to strengthen and foster the learning center's initiatives and programs.
Who is the CEO of Houston Scottish Rite Learning Center Foundation?
Rick Townsend is the Secretary of Houston Scottish Rite Learning Center Foundation.
What is the revenue of Houston Scottish Rite Learning Center Foundation?
Houston Scottish Rite Learning Center Foundation's revenue in 2022 was $44,816.
Who are the executives of Houston Scottish Rite Learning Center Foundation and what are their salaries?
There 5 volunteers at Houston Scottish Rite Learning Center Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Houston Scottish Rite Learning Center Foundation?
Houston Scottish Rite Learning Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Houston Scottish Rite Learning Center Foundation
The Houston Scottish Rite Learning Center Foundation is an entity with a primary goal of managing its investment accounts. This mission is not an end in itself but serves a larger purpose. The foundation utilizes these investments to provide grants to the Houston Scottish Rite Learning Center. This center is not specified in the information, but it can be inferred that the grants are intended to support its operations and initiatives. By managing investments and disseminating funds, the Houston Scottish Rite Learning Center Foundation plays a vital role in the sustenance and growth of the Houston Scottish Rite Learning Center.
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Impact
October, 2024
The Houston Scottish Rite Learning Center Foundation significantly impacts the education sector by providing essential funding to the Houston Scottish Rite Learning Center. By managing investment accounts effectively, the Foundation ensures that necessary resources are available to support the Center's mission of enhancing learning opportunities, particularly for children with language and learning challenges. This support helps create a nurturing environment where students can thrive academically and socially, promoting educational equity in the Bellaire, TX area. The Foundation's commitment to grant-making facilitates specialized programs and provides essential tools that empower educators and enrich student experiences, ultimately fostering a strong foundation for lifelong learning.
This information is meant to be a general summary of Houston Scottish Rite Learning Center 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 2022.
- Investment Income: $44,816
- Gross Receipts: $107,241
Assets and Liabilities:
- Total Assets: $1,529,588
- Total Liabilities: $0
- Net Assets: $1,529,588
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Organization Details
Founding Year
2017
Phone
(713) 416-1766Principal Officer
Rick Townsend
Main Address
Box 2348, Bellaire, TX, 77402
NTEE Category
Code: B11 - Education
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