San Angelo Area Foundation
San Angelo Area Foundation
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About this organization
Mission
To build a legacy of philanthropy by attracting and prudently managing endowment funds that match donor interests with community needs in our area.
About
Grants to various qualified 501 (c)(3) organizations, or other qualified entities like governmental organizations, colleges, universities and religious entities, for qualified charitable purposes. Grants are made from component funds which are designated purpose funds, donor-advised funds, field of interest funds and unrestricted funds, and are based on an underlying gift agreement, which require the board of directors approval of said grants.
Interesting data from their 2020 990 filing
The purpose of the non-profit, as set forth in the filing, is “The mission of the san angelo area foundation is to build a legacy of philanthropy by attracting and prudently managing endowed gifts in order to match donor interest with community needs of the area.”.
When discussing its purpose, they were characterized as: “Managing endowed gifts in order to match donor interests with community needs of the area.”.
- The state in which the non-profit is legally authorized to operate is TX, as reported.
- The filing confirms that the non-profit's address in 2020 was 221 S IRVING ST, SAN ANGELO, TX, 76903.
- The form of the non-profit reports 9 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $7,021,289.
- The organization has 15 independent voting members.
- The organization was formed in 2001.
- The organization pays $677,037 in salary, compensation, and benefits to its employees.
- The organization pays $313,150 in fundraising expenses.
Additional Non-Profits in the area
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