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Turning Point Endowment Inc

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

EIN: 821225311 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

Overview

What is Turning Point Endowment Inc?

Turning Point Endowment Inc, located at 4940 E Beverly Rd, Phoenix, AZ 85044, functions as a supporting organization for Turning Point USA. This nonprofit is committed to furthering Turning Point USA's mission, which emphasizes educating students about fiscal responsibility, free markets, and capitalism. By making contributions and maintaining investments, Turning Point Endowment contributes to the long-term vitality of Turning Point USA, enabling it to effectively carry out its charitable objectives.


Is Turning Point Endowment Inc legitimate?

Turning Point Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turning Point Endowment 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.

Here 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 Turning Point Endowment Inc?
Who is the CEO of Turning Point Endowment Inc?
What is the revenue of Turning Point Endowment Inc?
Who are the executives of Turning Point Endowment Inc and what are their salaries?
Where can I find the form 990 for Turning Point Endowment Inc?

Mission Statement of Turning Point Endowment Inc

Turning Point Endowment, a supporting organization, plays a crucial role in furthering the charitable purposes and long-term sustainability of Turning Point USA (TPUSA). By maintaining investments and providing contributions, Turning Point Endowment bolsters TPUSA's mission to educate students on fiscal responsibility, free markets, and capitalism. Through this supportive relationship, Turning Point Endowment enhances TPUSA's capacity to instill essential values in the next generation.

In essence, Turning Point Endowment serves as a pillar of strength for Turning Point USA. Its primary objective is to ensure TPUSA's financial stability and enable it to continue its invaluable work in the educational sphere. By providing TPUSA with a steady source of funds, Turning Point Endowment empowers the organization to expand its reach and make a more significant impact on students across the nation. Thus, Turning Point Endowment's mission can be paraphrased as fostering the sustainable growth of Turning Point USA, safeguarding its future endeavors, and ultimately, contributing to the broader cause of fostering a generation of informed citizens versed in the principles of financial prudence and economic freedom.

Impact

This information is meant to be a general summary of Turning Point Endowment Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Turning Point Endowment Inc's impact is focused on supporting and benefiting Turning Point USA's charitable purposes and long-term vitality. Through contributions and investments, Turning Point Endowment helps to educate students about fiscal responsibility, free markets, and capitalism, ultimately aiming to promote these principles among the younger generation. By supporting Turning Point USA, Turning Point Endowment is contributing to the growth and sustainability of an organization dedicated to these important educational goals.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,556,832
  • Program Service Revenue: $0
  • Gross Receipts: $12,624,532

    • Assets and Liabilities:
  • Total Assets: $55,992,781
  • Total Liabilities: $61,974
  • Net Assets: $55,930,807
  • Organization Details

    Founding Year

    2017

    Principal Officer

    Charles Kirk

    Main Address

    4940 E BEVERLY RD, PHOENIX, AZ, 85044

    NTEE Category

    Code: P51 - Human services

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