Overview
What is Andres Y Maria Cardenas Family Foundation?
The Andres Y Maria Cardenas Family Foundation is a nonprofit organization situated in Sylmar, California. Its primary mission is to grant scholarships to deserving and ambitious students, fostering their future aspirations. Additionally, the foundation contributes to community-based non-profit organizations that offer essential services. Moreover, it supplements resources for cultural, educational, and recreational programs within the San Fernando Valley. With a limited team of two dedicated individuals, the foundation aims to make a significant impact in its community.
Official website here: www.cardenasfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)
The Andres Y Maria Cardenas Family Foundation has received a "Needs Improvement" rating from Charity Navigator, indicating some concerns regarding its governance and transparency practices. While the foundation excels in accountability and finance, scoring 100% in that category, it has several areas where it falls short, particularly in policies related to conflict of interest, whistleblower protections, and document retention. These deficiencies reflect a lack of comprehensive governance practices that could enhance its operational integrity.
Strengths of the foundation include a fully independent board, which consists of 10 out of 10 points for independence and size, and a strong ratio of liabilities to assets, indicating financial stability. Furthermore, the foundation demonstrates an effective commitment to directing a significant portion of its funds towards its programs, as evidenced by a program expense ratio of 25 out of 25 points. These factors highlight the foundation's potential effectiveness in fulfilling its mission.
However, the lack of essential governance policies and transparency measures raises concerns about its overall management and accountability. The absence of documented board meeting minutes and failure to post tax forms on its website further contribute to the foundation's lower rating. To improve its standing and overall effectiveness, the foundation should focus on enhancing its governance framework and increasing transparency in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Andres Y Maria Cardenas Family Foundation legitimate?
Andres Y Maria Cardenas Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Andres Y Maria Cardenas Family 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: $76,231
For more financial information, click here
Official website here: www.cardenasfoundation.org
What is the mission statement of Andres Y Maria Cardenas Family Foundation?
The Andres Y Maria Cardenas Family Foundation's mission is centered around three main areas. Firstly, it aims to award scholarships to ambitious and deserving students, thereby supporting their educational pursuits. Secondly, the foundation contributes to community-based non-profit organizations that provide essential services. Lastly, it supplements resources for cultural, educational, and recreational programs within the San Fernando Valley. The foundation's activities are geared towards empowering individuals and communities by fostering education and promoting community development.
Official website here: www.cardenasfoundation.org
Who is the CEO of Andres Y Maria Cardenas Family Foundation?
Brian De La Rosa is the President of Andres Y Maria Cardenas Family Foundation.
Official website here: www.cardenasfoundation.org
What is the revenue of Andres Y Maria Cardenas Family Foundation?
Andres Y Maria Cardenas Family Foundation's revenue in 2022 was $474,769.
Official website here: www.cardenasfoundation.org
Who are the executives of Andres Y Maria Cardenas Family Foundation and what are their salaries?
The average compensation at Andres Y Maria Cardenas Family Foundation during 2022 was $38,116. There are 2 employees at Andres Y Maria Cardenas Family Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cardenasfoundation.org
Where can I find the form 990 for Andres Y Maria Cardenas Family Foundation?
Andres Y Maria Cardenas Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cardenasfoundation.org
Learn more at the official website: www.cardenasfoundation.org
Mission Statement of Andres Y Maria Cardenas Family Foundation
Andres Y Maria Cardenas Family Foundation is committed to awarding scholarships to deserving and ambitious students, contributing to community-based non-profit organizations that provide essential services, and supplementing resources for cultural, educational, and recreational programs in the San Fernando Valley. The foundation's mission is multifaceted, focusing on three key areas.
Firstly, the foundation offers scholarship awards to deserving students, recognizing their academic achievements and fostering their future aspirations. By providing financial assistance, the foundation enables these students to pursue their education without the burden of financial constraints, thereby empowering them to reach their full potential.
Secondly, the Andres Y Maria Cardenas Family Foundation supports community-based non-profit organizations that offer necessary services. By contributing to these organizations, the foundation helps bridge gaps in services and ensures that vulnerable communities have access to the resources they need.
Lastly, the foundation is dedicated to supplementing resources for cultural, educational, and recreational programs in the San Fernando Valley. By doing so, the foundation aims to enrich the community and provide opportunities for personal growth and development. The foundation's mission is to make a significant impact in the lives of individuals and the community as a whole.
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Impact
July, 2024
The impact of the Andres Y Maria Cardenas Family Foundation can be seen in its dedication to awarding scholarships to deserving and ambitious students. By providing financial support, the foundation enables these students to pursue their educational goals and achieve their dreams. Additionally, the foundation contributes to community-based nonprofit organizations that provide essential services, ultimately helping to improve the quality of life in the San Fernando Valley. Through its support of cultural, educational, and recreational programs, the foundation plays a significant role in enriching the community and promoting a brighter future for all involved.
This information is meant to be a general summary of Andres Y Maria Cardenas Family 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: $60,444
- Gross Receipts: $474,769
Assets and Liabilities:
- Total Assets: $1,216,101
- Total Liabilities: $1,630
- Net Assets: $1,214,471
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Organization Details
Founding Year
1997
Principal Officer
Brian De La Rosa
Main Address
PO BOX 920008, SYLMAR, CA, 91392
Website
www.cardenasfoundation.orgNTEE Category
Code: Z99 - Unknown
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