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Pontifical University Of The Holy Cross Foundation

The Formation Foundation

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

EIN: 133458562 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Pontifical University Of The Holy Cross Foundation?

The Pontifical University of the Holy Cross Foundation, also known as The Formation Foundation, is a nonprofit organization based in New York City, specifically at 420 Lexington Avenue 300, New York, NY 10170. With a team of four dedicated individuals, the foundation's primary mission is to support institutions that offer academic training in ecclesiastical disciplines. This encompasses providing financial aid for classroom space, libraries, infrastructure, and operating expenses. Essentially, it aims to foster institutions that offer theological studies in the ecclesiastical field.


Official website here: www.theformationfoundation.org

Is Pontifical University Of The Holy Cross Foundation legitimate?

Pontifical University Of The Holy Cross Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pontifical University Of The Holy Cross 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.

Here are some key statistics you may want to consider:

Executive Compensation: $116,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,115

For more financial information, click here


Official website here: www.theformationfoundation.org

What is the mission statement of Pontifical University Of The Holy Cross Foundation?

The Pontifical University of the Holy Cross Foundation's mission is centered around supporting institutions that specialize in ecclesiastical training and theological studies. In essence, they strive to aid educational establishments that focus on imparting knowledge in the religious disciplines. The foundation accomplishes this by providing financial assistance for various expenditures, such as classroom space, library resources, infrastructure, and operational costs. By doing so, they contribute to the academic growth and success of these institutions, thereby fostering the development of future religious leaders and scholars.


Official website here: www.theformationfoundation.org

Who is the CEO of Pontifical University Of The Holy Cross Foundation?

Colin K Howell is the President & C.E.O. of Pontifical University Of The Holy Cross Foundation.


Official website here: www.theformationfoundation.org

What is the revenue of Pontifical University Of The Holy Cross Foundation?

Pontifical University Of The Holy Cross Foundation's revenue in 2022 was $1,002,642.


Official website here: www.theformationfoundation.org

Who are the executives of Pontifical University Of The Holy Cross Foundation and what are their salaries?

The average compensation at Pontifical University Of The Holy Cross Foundation during 2022 was $72,550. There are 4 employees at Pontifical University Of The Holy Cross Foundation.

Here are 7 key members and their salaries:

    Colin K Howell (President & C.E.O.)
  • Compensation: $110,000
  • Related: $0
  • Other: $0

    • William P Orchard (Treasurer)
  • Compensation: $6,087
  • Related: $0
  • Other: $0

    • Federico Riera-Marsa (Vice President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Sites (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daryl J Glick (Vice President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Rothbauer (Board Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael A Coan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.theformationfoundation.org

    Where can I find the form 990 for Pontifical University Of The Holy Cross Foundation?

    The Pontifical University Of The Holy Cross Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.theformationfoundation.org

    Learn more at the official website: www.theformationfoundation.org

    Mission Statement of Pontifical University Of The Holy Cross Foundation

    The Pontifical University of the Holy Cross Foundation is dedicated to supporting institutions that focus on ecclesiastical training and theological studies. In essence, its mission is to provide financial assistance to educational establishments that offer academic programs in the ecclesiastical disciplines, helping to cover expenses such as classroom space, library resources, infrastructure, and operational costs. By doing so, the foundation contributes to the advancement of theological knowledge and the preparation of individuals for roles within the religious community.

    Impact

    This information is meant to be a general summary of Pontifical University Of The Holy Cross Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 1, 2024

    The Pontifical University of the Holy Cross Foundation has a significant impact on supporting institutions that provide ecclesiastical training and theological studies. Through grants provided by the foundation, these institutions are able to enhance their academic training in ecclesiastical disciplines by securing classroom space, library resources, infrastructure improvements, and covering operating expenses. This support ultimately contributes to the advancement of theological education and the training of future religious leaders. The foundation's focus on international partnerships also helps in fostering global collaboration in theological studies and promoting cross-cultural understanding in the field.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-3,490
  • Program Service Revenue: $0
  • Gross Receipts: $2,029,134

    • Assets and Liabilities:
  • Total Assets: $2,693,727
  • Total Liabilities: $44,124
  • Net Assets: $2,649,603
  • Organization Details

    Founding Year

    1987

    Principal Officer

    Colin K Howell

    Main Address

    420 LEXINGTON AVENUE 300, NEW YORK, NY, 10170

    NTEE Category

    Code: Q113 - International

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