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Foundation For The American West

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 870550116 ✦ American fork, UT ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For The American West?

The Foundation for the American West is a nonprofit organization, recognized under section 501(c)(3) of the Internal Revenue Code, with the primary objective of serving religious, charitable, scientific, literary, and educational purposes. The organization is dedicated to receiving donations, grants, bequests, and devices, managing and investing these funds, and distributing them to other qualified charitable organizations. By fulfilling these responsibilities, the Foundation for the American West aims to contribute positively to various sectors and support the broader community's overall well-being.


Official website here: www.fawdonor.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)

The Foundation for the American West has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization achieved a high score due to its commitment to transparency, with a 100% independent board and no material diversion of assets reported. Its program expense ratio is commendable at 93%, suggesting that a significant portion of its funding goes directly to its mission.

However, the organization faces some challenges in governance, as it lacks a conflict of interest policy and a whistleblower policy, both essential for promoting ethical practices. Additionally, there is no document retention and destruction policy in place, which could be a concern for long-term operational integrity. While the charity has strengths in its financial management, these governance gaps may affect overall trust and accountability.

Despite these limitations, the foundation demonstrates a strong commitment to its mission through effective financial management. The absence of independent oversight mechanisms may warrant attention, but the high percentage of program expenses directed towards its activities reflects positively on its operational priorities. Overall, while the organization exhibits accountability in financial matters, enhancing governance policies could strengthen its impact and public perception.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation For The American West legitimate?

Foundation For The American West is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The American West 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.fawdonor.org/

What is the mission statement of Foundation For The American West?

The Foundation for the American West is organized and operates exclusively for religious, charitable, scientific, literary, and educational purposes, falling under Section 501(C)(3) of the Internal Revenue Code. Its specific purposes and objectives include receiving gifts, grants, bequests, and devices, managing and investing funds, and making distributions to organizations that are also exempt under Section 501(C)(3) of the Internal Revenue Code. In essence, the foundation's mission is to support and contribute to organizations with similar charitable objectives.


Official website here: www.fawdonor.org/

Who is the CEO of Foundation For The American West?

Craig L Riggs is the Trustee of Foundation For The American West.


Official website here: www.fawdonor.org/

What is the revenue of Foundation For The American West?

Foundation For The American West's revenue in 2022 was $180,973.


Official website here: www.fawdonor.org/

Who are the executives of Foundation For The American West and what are their salaries?


Here are 5 key members and their salaries:


Reino O Kerttula (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mckay Marsden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig L Riggs (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph W Riggs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
O Jeffery Wilde (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fawdonor.org/

Where can I find the form 990 for Foundation For The American West?

Foundation For The American West's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fawdonor.org/

Learn more at the official website: www.fawdonor.org/

Mission Statement of Foundation For The American West

The Foundation for the American West is organized and operates with a primary objective to serve religious, charitable, scientific, literary, and educational purposes, falling under the umbrella of Section 501(C)(3) of the Internal Revenue Code. Its specific purposes and objectives encompass the reception of gifts, grants, bequests, and devices. Furthermore, the foundation manages and invests these funds, with the ultimate goal of making distributions to organizations that are exempt under Section 501(C)(3) of the Internal Revenue Code. In essence, the Foundation for the American West is dedicated to supporting and aiding various charitable causes, managing and investing funds, and channeling resources to eligible organizations.

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Impact




October, 2024

Foundation For The American West primarily focuses on fostering positive change through support for various initiatives in religious, charitable, scientific, literary, and educational sectors. Its impact is realized through the receipt and management of gifts, grants, and bequests, which are then strategically invested. The foundation plays a vital role in distributing funds to other organizations that qualify under the 501(c)(3) exemption, thereby amplifying its reach and effectiveness.

By facilitating financial support to a diverse array of programs and projects, the foundation contributes to community development, education, and scientific advancement. Its commitment to philanthropic efforts ensures that valuable services and resources are accessible to those in need, helping to enrich lives, promote learning, and support innovative research. Through these activities, Foundation For The American West significantly contributes to enhancing the quality of life in its communities, fostering growth, and empowering other organizations to achieve their missions.




This information is meant to be a general summary of Foundation For The American West. 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.

Revenue
$180,973 (2022)
Expenses
$238,989 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,775
  • Gross Receipts: $180,973

Assets and Liabilities:

  • Total Assets: $755,778
  • Total Liabilities: $0
  • Net Assets: $755,778

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Organization Details

Principal Officer

Craig L Riggs

Main Address

1112 E 300 N STE 200, AMERICAN FORK, UT, 84003

NTEE Category

Code: T30 - Philanthropy

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