Overview
What is The Diamond Bar Fund?
The Diamond Bar Fund is a nonprofit organization based in San Antonio, Texas, specifically located at 200 Concord Plaza Drive 410. Its primary role is to manage and hold investment assets for the benefit of the East Foundation. The Diamond Bar Fund is organized exclusively to support the East Foundation and carries out its purposes. This includes performing necessary functions to benefit Tom T. East, Sr., Alice K. East, Alice H. East, and Robert C. East Wildlife Foundation. Essentially, The Diamond Bar Fund acts as a financial intermediary for the East Foundation, ensuring the effective allocation of resources towards its exempt purposes.
What are the reviews and ratings of this charity?
The Diamond Bar Fund is not currently rated by Charity Navigator, as they lack the necessary data for evaluation. Specific beacon scores, such as Accountability & Finance and Impact & Measurement, require more years of data. As a result, the absence of a rating should not be interpreted as either a positive or negative reflection of the organization.
Organizationally, The Diamond Bar Fund is an independent nonprofit but has only filed electronically with the IRS for two consecutive years. This limits their eligibility for a comprehensive Charity Navigator rating due to the requirements of the Encompass Rating System. Available financial data includes general revenue and expenses; however, key personnel salary information is missing.
The charity's impact, adaptability, and community engagement are also not currently assessed. Thus, stakeholders might find it challenging to gauge performance in these areas based on available data. The organization will need to increase its data submission to achieve a more complete assessment and rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Diamond Bar Fund legitimate?
The Diamond Bar Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Diamond Bar Fund 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: $154,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Diamond Bar Fund?
The Diamond Bar Fund is established with the primary objective of supporting the East Foundation. Its mission is exclusively dedicated to advancing the goals and objectives of the East Foundation. The fund holds and manages investment assets, which will be utilized for the benefit and advancement of the tax-exempt purposes of the East Foundation. Through its financial management, the Diamond Bar Fund contributes to the mission and activities of the East Foundation. Its resources are utilized to further the charitable endeavors of the organization.
Who is the CEO of The Diamond Bar Fund?
Robert Neal Wilkins is the Director of The Diamond Bar Fund. The CEO's salary of The Diamond Bar Fund is $0 and their total compensation is $500,292.
What is the revenue of The Diamond Bar Fund?
The Diamond Bar Fund's revenue in 2022 was $29,259,378.
Who are the executives of The Diamond Bar Fund and what are their salaries?
Here are 7 key members and their salaries (The Diamond Bar Fund's CEO's salary is $0 and their total compensation is $500,292):
- Compensation: $0
- Related: $65,500
- Other: $0
- Compensation: $0
- Related: $65,500
- Other: $0
- Compensation: $0
- Related: $65,500
- Other: $0
- Compensation: $0
- Related: $65,500
- Other: $0
- Compensation: $0
- Related: $452,550
- Other: $47,742
- Compensation: $0
- Related: $205,900
- Other: $21,968
- Compensation: $0
- Related: $118,450
- Other: $15,642
Where can I find the form 990 for The Diamond Bar Fund?
The Diamond Bar Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Diamond Bar Fund
The Diamond Bar Fund is a not-for-profit organization, dedicated to advancing the objectives and accomplishing the goals of the East Foundation. Established for the sole purpose of benefiting and contributing to the East Foundation, this fund plays a vital role in furthering its mission.
In essence, The Diamond Bar Fund functions as a trust, responsibly managing and holding investments intended for the advantage and advancement of the East Foundation. By doing so, it ensures the financial security and sustainability of the East Foundation's initiatives, enabling it to effectively carry out its charitable purposes.
The East Foundation, as the primary beneficiary of The Diamond Bar Fund, is an organization that may be described as having been established by Tom T. East, Sr., Alice K. East, and Alice H. East, and Robert C. East. Its purpose is to serve as a vehicle for their collective philanthropic endeavors, aiming to make a positive impact through various charitable activities. The Diamond Bar Fund, with its crucial role in managing investments, supports the East Foundation in its quest to execute its vision and mission.
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Impact
October, 2024
The Diamond Bar Fund significantly contributes to wildlife conservation and community support through its financial management of investment assets aimed at benefiting the East Foundation. Through these efforts, it plays a vital role in furthering the mission established by the East family, particularly in areas related to wildlife preservation and education. By leveraging its resources, The Diamond Bar Fund helps to ensure that initiatives under the East Foundation are adequately funded, supporting projects that promote sustainable practices and enhance the relationships between communities and their natural environments. This impact is particularly felt in San Antonio, where the fund actively engages in efforts that not only protect wildlife but also provide educational opportunities and resources for the local community.
This information is meant to be a general summary of The Diamond Bar Fund. 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: $3,562,773
- Gross Receipts: $43,282,931
Assets and Liabilities:
- Total Assets: $246,814,572
- Total Liabilities: $470,797
- Net Assets: $246,343,775
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Organization Details
Founding Year
2019
Phone
(210) 447-0126Principal Officer
Robert Neal Wilkins
Main Address
200 Concord Plaza Drive 410, San Antonio, TX, 78216
NTEE Category
Code: K11 - Food
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