Overview
What is Bell Community Foundation?
The Bell Community Foundation is a nonprofit organization situated in Temple, Texas, with an address at 3615 S 31ST ST. Established with a mission to serve literary, religious, charitable, scientific, and educational purposes, as well as to prevent cruelty to children or animals, this organization operates under Section 501(C)(3) of the Internal Revenue Code. Despite being in the accumulation stage and not making any grants in 2022, the foundation's purpose is to contribute positively to its community by promoting various causes aligned with its mission statement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Bell Community Foundation has received a Two-Star rating, indicating a moderate level of accountability and financial health. Their high scores for having an independent board and no material diversion of assets reflect strong governance practices. However, the foundation is lacking in critical areas such as having a whistleblower policy and a document retention and destruction policy, which could raise concerns about transparency and risk management.
Additionally, the foundation has a program expense ratio of 64.31%, which shows that a substantial portion of their expenses is directed towards their programs. This is a positive indicator of their commitment to their mission. However, the overall accountability score of 73 suggests there are areas for improvement, particularly in policy adherence, which could enhance their operational integrity.
To summarize, while the Bell Community Foundation demonstrates solid governance through independent oversight and effective asset management, it faces challenges related to the absence of key policies that could bolster its accountability framework. Addressing these gaps would be vital for enhancing trust and transparency with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bell Community Foundation legitimate?
Bell Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bell 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 Bell Community Foundation?
The Bell Community Foundation is established for literary, religious, charitable, scientific, and educational purposes, as well as for the prevention of cruelty towards children and animals. Its operations are limited by the provisions of Section 501(C)(3) under the Internal Revenue Code, either as it currently exists or as it may be amended in the future. The foundation's objectives encompass various sectors, including literature, religion, charity, science, education, and the prevention of animal and child cruelty.
Who is the CEO of Bell Community Foundation?
William J Stokes is the President of Bell Community Foundation.
What is the revenue of Bell Community Foundation?
Bell Community Foundation's revenue in 2022 was $68,909.
Who are the executives of Bell Community Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Bell Community Foundation?
Bell Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bell Community Foundation
Bell Community Foundation is a charitable organization, established with a mission that is multifaceted and far-reaching. Primarily, its purpose is to contribute to literary, religious, scientific, educational, and charitable causes. Beyond this, the foundation is also committed to the prevention of cruelty towards children and animals. The organization's objectives and powers are confined to these areas, as authorized by Section 501(C)(3) of the Internal Revenue Code, which may be subject to amendments. In essence, Bell Community Foundation is dedicated to promoting a wide spectrum of beneficial causes and safeguarding the welfare of children and animals, within the boundaries set by the aforementioned section.
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Impact
August, 2024
Bell Community Foundation's impact is focused on supporting human services through its charitable, educational, and preventative efforts. The organization is dedicated to addressing the prevention of cruelty to children and animals, as well as promoting literary, religious, and scientific endeavors that benefit the community. Although it is in the accumulation stage and did not make any grants in 2022, the foundation's mission reflects its commitment to improving the well-being of individuals and animals in need.
This information is meant to be a general summary of Bell 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 2022.
- Investment Income: $62,909
- Gross Receipts: $186,166
Assets and Liabilities:
- Total Assets: $588,649
- Total Liabilities: $0
- Net Assets: $588,649
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Organization Details
Founding Year
2018
Phone
(254) 774-5833Principal Officer
William J Stokes
Main Address
3615 S 31ST ST, TEMPLE, TX, 765021925
NTEE Category
Code: P12 - Human services
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