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Westminster Retirement Communities Foundation Inc

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

EIN: 237414048 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

Overview

What is Westminster Retirement Communities Foundation Inc?

Westminster Retirement Communities Foundation Inc is a Florida-based non-profit organization, separate from Westminster Retirement Communities Inc and its affiliates. Established to provide charitable funds, the foundation supports needy individuals, projects, and programs at retirement communities and healthcare facilities under the management of Westminster Retirement Communities Inc and Presbyterian Retirement Communities Inc. The foundation maintains all endowment funds, benevolent assistance for residents, investments, and certain related liabilities. Notably, all members of Westminster Retirement Communities Inc's board of directors also serve on the foundation's board.


Is Westminster Retirement Communities Foundation Inc legitimate?

Westminster Retirement Communities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westminster Retirement Communities 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.

Here 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


What is the mission statement of Westminster Retirement Communities Foundation Inc?
Who is the CEO of Westminster Retirement Communities Foundation Inc?
What is the revenue of Westminster Retirement Communities Foundation Inc?
Who are the executives of Westminster Retirement Communities Foundation Inc and what are their salaries?
Where can I find the form 990 for Westminster Retirement Communities Foundation Inc?

Mission Statement of Westminster Retirement Communities Foundation Inc

Westminster Retirement Communities Foundation, Inc. is a distinct non-profit organization, separate from Westminster Retirement Communities, Inc. and its affiliates. The Foundation was established with the primary goal of raising charitable funds to support the needs of individuals and initiatives at retirement communities and healthcare facilities managed by Westminster Retirement Communities, Inc. and Presbyterian Retirement Communities, Inc.

The Foundation maintains various endowment funds, manages benevolent assistance for residents, and oversees investments and related liabilities. Notably, all members of Westminster Retirement Communities, Inc.'s Board of Directors also serve on the Foundation's Board of Directors.

In essence, Westminster Retirement Communities Foundation, Inc. acts as a philanthropic arm for Westminster Retirement Communities, providing essential resources to enhance the quality of life and care for those in need within its managed retirement communities and healthcare facilities.

Impact

This information is meant to be a general summary of Westminster Retirement Communities Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Westminster Retirement Communities Foundation Inc provides charitable funds to support needy individuals, projects, and programs at retirement communities and health care facilities operated by Westminster Retirement Communities, Inc. and Presbyterian Retirement Communities, Inc. The foundation maintains endowment funds, benevolent assistance for residents, investments, and related liabilities. Their impact includes assisting with housing needs and enhancing the quality of life for individuals in retirement communities.





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: $12,971,350
  • Program Service Revenue: $0
  • Gross Receipts: $52,712,015

    • Assets and Liabilities:
  • Total Assets: $107,356,228
  • Total Liabilities: $3,373,218
  • Net Assets: $103,983,010
  • Organization Details

    Founding Year

    1974

    Principal Officer

    Henry T Keith

    Main Address

    80 W LUCERNE CIRCLE, ORLANDO, FL, 32801

    NTEE Category

    Code: L120 - Housing

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