Overview
What is Dhhrm Endowment Foundation Inc?
Dhhrm Endowment Foundation Inc is a nonprofit organization situated in Dallas, Texas, specifically at 300 N Houston St. Its primary purpose is to support and benefit the Dallas Dallas Holocaust and Human Rights Museum (DHHRM). The foundation manages and invests endowment funds for this museum, entering into brokerage and investment management agreements as necessary. Additionally, it can guarantee loans to the museum or its affiliates and establish spending or distribution policies for various endowments. In emergencies, the foundation has the ability to invoke these endowments. The foundation's mission is entirely devoted to supporting the Dallas Holocaust and Human Rights Museum.
Is Dhhrm Endowment Foundation Inc legitimate?
Dhhrm Endowment Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dhhrm 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
What is the mission statement of Dhhrm Endowment Foundation Inc?
The Dhhrm Endowment Foundation Inc is primarily established to support and benefit the Dallas Holocaust and Human Rights Museum. Its mission is to manage and invest endowment funds for this purpose. The foundation enters into brokerage and investment management agreements, guarantees loans to the museum or its affiliate, and establishes spending policies and rules for donor-restricted and board-designated endowments. In emergencies, the foundation has the ability to invade such endowments. The primary role of the Dhhrm Endowment Foundation Inc is to support the Dallas Holocaust and Human Rights Museum financially and operationally, ensuring its continued operation and impact.
Who is the CEO of Dhhrm Endowment Foundation Inc?
Mary Pat Higgins is the President of Dhhrm Endowment Foundation Inc.
What is the revenue of Dhhrm Endowment Foundation Inc?
Dhhrm Endowment Foundation Inc's revenue in 2022 was $415,619.
Who are the executives of Dhhrm Endowment Foundation Inc and what are their salaries?
There 5 volunteers at Dhhrm Endowment Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $406,009
- Other: $44,853
- Compensation: $0
- Related: $72,694
- Other: $6,701
- Compensation: $0
- Related: $59,340
- Other: $2,742
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Dhhrm Endowment Foundation Inc?
Dhhrm Endowment Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dhhrm Endowment Foundation Inc
Dhhrm Endowment Foundation Inc is a dedicated organization with a singular mission: to support and benefit the Dallas Holocaust and Human Rights Museum (DHHRM). This mission is carried out through various means, primarily by holding, managing, and investing endowment funds on behalf of DHHRM. The foundation also enters into brokerage and investment management agreements, guarantees loans to DHHRM or its affiliates, and establishes spending or distribution policies for different types of endowments. In addition, Dhhrm Endowment Foundation Inc sets rules for donor-restricted endowments and board-designated endowments, and has the ability to invoke such endowments in emergency situations. In essence, the foundation's role is to ensure the financial stability and growth of the Dallas Holocaust and Human Rights Museum, thereby supporting its mission to educate, inspire, and empower individuals to stand up against injustice and uphold human rights.
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Impact
October, 2024
Dhhrm Endowment Foundation Inc significantly impacts the Dallas Holocaust and Human Rights Museum (DHHRM) by providing essential financial support through its endowment fund management. This foundation ensures the long-term sustainability of the museum by holding, managing, and investing endowment funds, thereby securing vital resources for educational programming, exhibitions, and outreach initiatives.
By entering into brokerage and investment management agreements, the foundation optimizes the growth of its assets, directly benefiting DHHRM’s mission to promote understanding and awareness of the Holocaust and human rights issues. Additionally, the foundation plays a crucial role in financial planning by guaranteeing loans to DHHRM, enabling the museum to undertake projects and respond to opportunities that may arise.
Establishing spending and distribution policies allows the foundation to manage endowments effectively, ensuring that donor-restricted contributions are utilized according to specific wishes while also providing flexibility to address urgent needs in times of crisis. Overall, Dhhrm Endowment Foundation Inc enhances the operational capacity of DHHRM, fostering a deeper community engagement and educational impact surrounding human rights and historical awareness.
This information is meant to be a general summary of Dhhrm 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: $257,287
- Gross Receipts: $656,620
Assets and Liabilities:
- Total Assets: $10,419,990
- Total Liabilities: $0
- Net Assets: $10,419,990
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Organization Details
Founding Year
2016
Phone
(214) 741-7500Principal Officer
Mary Pat Higgins
Main Address
300 N HOUSTON ST, DALLAS, TX, 75202
NTEE Category
Code: A11 - Arts
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