Overview
What is Abch Foundation?
The Abch Foundation is a nonprofit organization based in Birmingham, Alabama, with a postal address of PO Box 362084. Its primary role is to manage and oversee assets entrusted to it, primarily benefiting children and families receiving services from Alabama Baptist Children's Homes & Family Ministries and Pathways Professional Counseling. The foundation ensures prudent investment, determining distributions and funding for these supported organizations. In 2022, the Abch Foundation contributed a substantial amount of $1,272,176 to these organizations, supporting their mission and activities.
Is Abch Foundation legitimate?
Abch Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abch 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:
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What is the mission statement of Abch Foundation?
The Abch Foundation manages and invests assets on behalf of Alabama Baptist Children's Homes & Family Ministries and Pathways Professional Counseling, utilizing these funds to support the welfare of children and families receiving services from these organizations. The foundation's role involves overseeing investments, determining distributions, and allocating funding to ensure the sustained operations and growth of the supported organizations. By doing so, the Abch Foundation contributes to the betterment of these organizations' capacity to provide essential services to children and families in need.
What is the revenue of Abch Foundation?
Abch Foundation's revenue in 2023 was $4,390,814.
Who are the executives of Abch Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Abch Foundation?
Abch Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Abch Foundation
The Abch Foundation is dedicated to managing and overseeing assets entrusted to it, with the primary objective of benefiting children and families who receive services from Alabama Baptist Children's Homes & Family Ministries and Pathways Professional Counseling. This organization serves as a steward, determining distributions and funding for these supported organizations. In essence, the Abch Foundation plays a vital role in ensuring that these nonprofits have the necessary financial resources to carry out their missions and provide essential services to the children and families they serve.
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Impact
October, 2024
The ABCH Foundation significantly impacts the lives of children and families served by Alabama Baptist Children's Homes & Family Ministries and Pathways Professional Counseling. By expertly managing and stewarding assets, the foundation ensures that vital financial resources are available for these organizations to thrive. In 2022 alone, the foundation contributed an impressive $1,272,176, which directly supports essential services and programs that enhance the well-being of vulnerable children and families. This strategic financial management allows for sustained support and growth of services, enabling the organizations to fulfill their missions and positively affect the communities they serve. Through its efforts, the ABCH Foundation plays a crucial role in fostering a nurturing environment for those in need, ensuring that essential resources are accessible when they are most needed.
This information is meant to be a general summary of Abch 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: $541,683
- Gross Receipts: $4,390,814
Assets and Liabilities:
- Total Assets: $26,017,786
- Total Liabilities: $0
- Net Assets: $26,017,786
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Organization Details
Founding Year
2017
Principal Officer
Chip Colee
NTEE Category
Code: P11 - Human services
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