Overview
What is Xavier Foundation Inc?
Xavier Foundation Inc is a charitable organization situated in Phoenix, Arizona, with a specific focus on supporting Xavier College Preparatory. The foundation provides 40 need-based scholarships to deserving students, ensuring they can attend the school despite financial constraints. This initiative is overseen by a committee consisting of donors, teachers, counselors, and administrative staff. Moreover, Xavier Foundation Inc aims to secure the future prosperity and financial stability of Xavier College Preparatory by enhancing funds for crucial aspects such as scholarships, faculty development, capital projects, and technology.
Official website here: www.xcp.org/giving/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Xavier Foundation Inc has received an overall rating of 83%, reflecting a strong performance in its accountability and financial practices. The charity has demonstrated a commitment to maintaining an independent board, with 91% of its members being independent, which is crucial for effective governance and oversight.
The organization scores well on various accountability metrics, including having no material diversion of assets and a solid program expense ratio of 80.73%, indicating that the majority of its resources are directed towards its programs. However, it has notable limitations, including the absence of a whistleblower policy and a document retention and destruction policy, which could improve transparency and governance.
Overall, while the Xavier Foundation Inc exhibits several strengths in financial management and governance, addressing the noted policy gaps could enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Xavier Foundation Inc?
90% of 21 reviewers on Facebook recommend Xavier Foundation Inc. Here is a summary of their reviews:
Many individuals speak fondly of their experiences, with one reviewer expressing that it marked "the best 4 years of my life." This indicates a deep level of personal connection and satisfaction with the services offered by the foundation. Users appreciate the environment and programming provided, which seems to resonate positively with those who have been involved.
Overall, it appears that the nonprofit successfully meets the needs of its participants, leading to a strong endorsement from its supporters. The consistent positive sentiment suggests that the foundation has made a meaningful impact on the lives of those in its community.
This AI summary has been generated from reviews found on Facebook.
Is Xavier Foundation Inc legitimate?
Xavier Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Xavier 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
Official website here: www.xcp.org/giving/foundation/
What is the mission statement of Xavier Foundation Inc?
The mission of Xavier Foundation Inc is centered around ensuring the long-term prosperity and financial health of Xavier College Preparatory. This is achieved by substantially enhancing the financial resources available for key areas of the Xavier education, specifically scholarship, faculty development, capital projects, and technology. The foundation aims to provide 40 need-based scholarships to students of Xavier College Preparatory through a committee review process, enabling financially disadvantaged students to attend the school. By doing so, the foundation aims to contribute to the overall educational development and future prospects of these students.
Official website here: www.xcp.org/giving/foundation/
Who is the CEO of Xavier Foundation Inc?
Catherine Clancy is the Treasurer/Secretary of Xavier Foundation Inc.
Official website here: www.xcp.org/giving/foundation/
What is the revenue of Xavier Foundation Inc?
Xavier Foundation Inc's revenue in 2022 was $1,180,131.
Official website here: www.xcp.org/giving/foundation/
Who are the executives of Xavier Foundation Inc and what are their salaries?
There 25 volunteers at Xavier Foundation Inc.
Here are 13 key members and their salaries:
- Compensation: $78,714
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- Other: $22,091
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Official website here: www.xcp.org/giving/foundation/
Where can I find the form 990 for Xavier Foundation Inc?
Xavier Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.xcp.org/giving/foundation/
Learn more at the official website: www.xcp.org/giving/foundation/
Mission Statement of Xavier Foundation Inc
Xavier Foundation Inc is committed to ensuring the long-term prosperity and financial health of Xavier College Preparatory. To achieve this goal, the foundation focuses on substantially enhancing the financial resources available for key areas of Xavier's education, including scholarship, faculty development, capital projects, and technology. By doing so, Xavier Foundation Inc aims to provide a solid financial backing for Xavier College Preparatory, thereby enabling it to deliver quality education to a wider student body.
One of the ways Xavier Foundation Inc achieves this mission is by offering need-based scholarships to students attending Xavier College Preparatory. A committee, comprising of donors, Xavier teachers, counselors, and administrative staff, reviews and deliberates on the scholarship applications. These scholarships provide an opportunity for financially disadvantaged students to attend Xavier College Preparatory, thereby broadening the student body's diversity and ensuring that merit is not hindered by financial constraints. This commitment to scholarship funding is a testament to Xavier Foundation Inc's dedication to ensuring that quality education is accessible to all.
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Impact
July, 2024
Xavier Foundation Inc's impact lies in its mission to provide for the long-term prosperity and fiscal health of Xavier College Preparatory by substantially enhancing the financial resources available for key areas of the Xavier education such as scholarship, faculty development, capital projects, and technology. Through the provision of 40 need-based scholarships to Xavier College Preparatory students, the foundation enables individuals who may not have had the financial means to attend the school otherwise. This support opens up educational opportunities for deserving students, contributing to their personal growth and academic success. By investing in scholarships and other educational initiatives, Xavier Foundation Inc is making a tangible difference in the lives of students and the broader community in Phoenix, Arizona.
This information is meant to be a general summary of Xavier 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: $840,881
- Gross Receipts: $1,180,131
Assets and Liabilities:
- Total Assets: $5,046,578
- Total Liabilities: $0
- Net Assets: $5,046,578
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Organization Details
Founding Year
1996
Phone
(602) 277-3772Principal Officer
Catherine Clancy
Main Address
4710 N 5TH ST, PHOENIX, AZ, 85012
NTEE Category
Code: T20 - Philanthropy
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