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Yhb Charitable Endowment Inc

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

EIN: 262552404 ✦ West hartford, CT ✦ Designated as a 501(c)(3)

Overview

What is Yhb Charitable Endowment Inc?

Yhb Charitable Endowment Inc is a nonprofit organization located in West Hartford, Connecticut. Their primary purpose is to manage a portfolio of philanthropic funds, aiming to increase the amount of charitable funding available to various non-profits. They accomplish this by offering Individual Donor Advised Funds, which provide donors with the flexibility to decide when, how much, and to whom they wish to donate. Donors also have input on how the fund's dollars are invested, and for larger accounts, they can access personal asset management for their fund. This organization allows donors to establish a lasting philanthropic legacy, honoring family values or commemorating loved ones.


Official website here: www.yhbce.org

Is Yhb Charitable Endowment Inc legitimate?

Yhb Charitable Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yhb Charitable Endowment 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


Official website here: www.yhbce.org

What is the mission statement of Yhb Charitable Endowment Inc?

Yhb Charitable Endowment Inc was established to serve the charitable interests of its donors. It achieves this by offering Individual Donor Advised Funds, providing simplicity and flexibility in the timing, amounts, and beneficiaries of charitable donations. Donors have input in how fund dollars are invested, and with larger accounts, they can access personal asset management for their fund. This organization allows donors to create a lasting legacy of giving, perpetuating family values or honoring the memory of a loved one.


Official website here: www.yhbce.org

Who is the CEO of Yhb Charitable Endowment Inc?

Mark W Everette is the President of Yhb Charitable Endowment Inc.


Official website here: www.yhbce.org

What is the revenue of Yhb Charitable Endowment Inc?

Yhb Charitable Endowment Inc's revenue in 2022 was $8,698,157.


Official website here: www.yhbce.org

Who are the executives of Yhb Charitable Endowment Inc and what are their salaries?

Here are 4 key members and their salaries:

    Paul R Martel (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark W Everette (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Howard Mark (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brenda Sullivan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.yhbce.org

    Where can I find the form 990 for Yhb Charitable Endowment Inc?

    The Yhb Charitable Endowment Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.yhbce.org

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

    Mission Statement of Yhb Charitable Endowment Inc

    Yhb Charitable Endowment Inc was established with a mission to serve the charitable interests of its donors. This nonprofit organization offers Individual Donor Advised Funds, providing simplicity and flexibility in the timing, amounts, and beneficiaries of charitable donations. Donors have the opportunity to input their preferences on how the fund dollars are invested, and with larger accounts, they can access personal asset management for their fund. Through these funds, donors can create a lasting legacy, either to perpetuate family values or to honor the memory of a loved one. Yhb Charitable Endowment Inc empowers its donors to make a significant impact in the charitable sector while maintaining control over their philanthropic endeavors.

    Impact

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




    Thursday, August 15, 2024

    Yhb Charitable Endowment Inc's impact lies in empowering donors to fulfill their philanthropic goals and create a lasting legacy of giving. By managing a portfolio of philanthropic funds, they increase the amount of charitable funding available to non-profits and assist donors in channeling their resources towards causes that align with their values. Through individual donor-advised funds, Yhb Charitable Endowment offers a platform that provides simplicity, flexibility, and personal involvement for donors in their charitable giving efforts. This approach enables donors to make a meaningful impact on their communities and beyond, whether to perpetuate family values or honor the memory of a loved one.





    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: $1,594,021
  • Program Service Revenue: $0
  • Gross Receipts: $12,862,182

    • Assets and Liabilities:
  • Total Assets: $21,606,319
  • Total Liabilities: $0
  • Net Assets: $21,606,319
  • Organization Details

    Founding Year

    2008

    Principal Officer

    Mark W Everette

    Main Address

    29 SOUTH MAIN STREET SUITE 306, WEST HARTFORD, CT, 06107

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Yhb Charitable Endowment Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.