Overview
What is The Petznick Stewart Foundation Arizona Community Foundation?
The Petznick Stewart Foundation Arizona Community Foundation is a charitable organization situated in Phoenix, Arizona. Its primary role is to grant funds to other nonprofit organizations, aligning with the objectives of the Arizona Community Foundation, Inc. The foundation's mission is to support and carry out the purposes of the Arizona Community Foundation, a qualifying Arizona nonprofit corporation, as long as it remains active. In essence, The Petznick Stewart Foundation Arizona Community Foundation serves as an essential financial contributor to charitable organizations in alignment with the Arizona Community Foundation's mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Petznick Stewart Foundation Arizona Community Foundation has achieved a commendable score of 94%, reflecting strong performance in accountability and finance. This rating is based entirely on a single beacon score, indicating that the organization adheres to high standards in financial transparency and governance. Notably, the foundation has a fully independent board consisting of 77% independent members, which enhances its credibility and decision-making integrity.
In terms of financial management, the foundation has demonstrated exceptional practices, with no material diversion of assets reported and a liabilities-to-assets ratio of 0.00%. Its program expense ratio stands at 70.81%, suggesting that a significant portion of its resources is allocated toward fulfilling its charitable mission. Additionally, the presence of comprehensive policies, such as conflict of interest and whistleblower policies, further underscores the organization's commitment to ethical governance.
While the foundation's overall ratings reflect strong fiscal responsibility, it's important to consider that a singular focus on financial metrics may not capture all aspects of organizational effectiveness. However, based on the available data, The Petznick Stewart Foundation appears to be a well-managed nonprofit dedicated to its community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is The Petznick Stewart Foundation Arizona Community Foundation legitimate?
The Petznick Stewart Foundation % Arizona Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Petznick Stewart Foundation % Arizona Community 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 The Petznick Stewart Foundation Arizona Community Foundation?
The Petznick Stewart Foundation, associated with the Arizona Community Foundation, is tasked with carrying out the purposes of the Arizona Community Foundation, a qualified nonprofit organization. Its primary role is to provide grants to charitable organizations, aligning with the objectives of the Arizona Community Foundation, Inc. The foundation's mission is to continue serving this function as long as the Arizona Community Foundation maintains its status as a qualified organization.
Who is the CEO of The Petznick Stewart Foundation Arizona Community Foundation?
Anna Maria Chavez is the Director of The Petznick Stewart Foundation % Arizona Community Foundation.
What is the revenue of The Petznick Stewart Foundation Arizona Community Foundation?
The Petznick Stewart Foundation Arizona Community Foundation's revenue in 2023 was $47,687.
Who are the executives of The Petznick Stewart Foundation Arizona Community Foundation and what are their salaries?
There 7 volunteers at The Petznick Stewart Foundation Arizona Community Foundation.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $153,611
- Other: $32,026
- Compensation: $0
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- Other: $0
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- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $329,688
- Other: $29,094
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $246,700
- Other: $26,938
- Compensation: $0
- Related: $45,000
- Other: $0
- Compensation: $0
- Related: $658,433
- Other: $53,309
Where can I find the form 990 for The Petznick Stewart Foundation Arizona Community Foundation?
The Petznick Stewart Foundation Arizona Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Petznick Stewart Foundation Arizona Community Foundation
The Petznick Stewart Foundation, as a subsidiary of the Arizona Community Foundation, is committed to fulfilling the functions and carrying out the purposes of its parent organization, Arizona Community Foundation, under the condition that the latter remains a qualified organization. Its primary mission is to provide financial support to charitable organizations, aligning with the objectives of the Arizona Community Foundation, Inc. By doing so, the Petznick Stewart Foundation contributes to the betterment of various causes and communities, in line with the overarching mission of its founding organization.
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Impact
October, 2024
The Petznick Stewart Foundation Arizona Community Foundation plays a pivotal role in supporting charitable organizations across Arizona. By providing grants, it enhances the capacity of these organizations to implement programs that address various community needs, from education and health to the arts and social services. This support empowers local initiatives, fosters community resilience, and promotes philanthropy within the region. Through its commitment to the overarching goals of the Arizona Community Foundation, it ensures that resources are effectively allocated to impactful projects that enrich the lives of individuals and strengthen the fabric of the community in Phoenix and beyond.
This information is meant to be a general summary of The Petznick Stewart Foundation Arizona Community 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: $47,687
- Gross Receipts: $47,687
Assets and Liabilities:
- Total Assets: $1,345,330
- Total Liabilities: $0
- Net Assets: $1,345,330
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Organization Details
Founding Year
2017
Phone
(602) 381-1400Principal Officer
Anna Maria Chavez
Main Address
2201 E CAMELBACK RD 405B, PHOENIX, AZ, 85016
NTEE Category
Code: T11 - Philanthropy
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