Overview
What is Laredo Area Community Foundation?
The Laredo Area Community Foundation is a local philanthropic organization situated in Laredo, Texas. It serves as a hub for collecting funds from various sources, such as individuals, businesses, non-profits, and public agencies, with a mission to benefit Laredo and its surrounding communities. The foundation manages these contributions, investments, and proceeds from fundraising events, and distributes them through individual funds, including Donor-Advised Funds and Permanent Endowment Funds. These funds are granted to eligible organizations in sectors like Arts, Education, Environment, Health, Religion, and Social Services, as per their governing guidelines. The Laredo Area Community Foundation's goal is to promote and foster generosity, ultimately empowering future generations through charitable giving.
Official website here: www.laredofoundation.org
Is Laredo Area Community Foundation legitimate?
Laredo Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laredo Area Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,042
For more financial information, click here
Official website here: www.laredofoundation.org
What is the mission statement of Laredo Area Community Foundation?
The Laredo Area Community Foundation, as its mission, aims to motivate generosity and establish a lasting legacy of philanthropy. By doing so, it addresses the philanthropic needs of various communities, including Laredo and its surroundings. The foundation manages funds contributed by various entities, such as individuals, businesses, non-profits, and public agencies, which are later utilized to make charitable grants in various sectors, including Arts, Education, Environment, Health, Religion, and Social Services. The grants are distributed in accordance with the specifications outlined in the governing instruments of the individual funds, which can be Donor Advised Funds or Permanent Endowment Funds.
Official website here: www.laredofoundation.org
Who is the CEO of Laredo Area Community Foundation?
Christine H Cerda is the President of Laredo Area Community Foundation.
Official website here: www.laredofoundation.org
What is the revenue of Laredo Area Community Foundation?
Laredo Area Community Foundation's revenue in 2022 was $1,353,166.
Official website here: www.laredofoundation.org
Who are the executives of Laredo Area Community Foundation and what are their salaries?
The average compensation at Laredo Area Community Foundation during 2022 was $15,681. There are 3 employees at Laredo Area Community Foundation.
Here are 16 key members and their salaries:
- Keith W Franklin (Director)
- Nancy De Anda (Director)
- Ricardo E Morales (Director)
- Maria Candelaria Uribe Hein (Director)
- Matias De Llano Iii (Director)
- Jeremy Peters (Director)
- Dr Pablo Arenaz (Director)
- Elizabeth R Sames (Director)
- William B Green (Director)
- Larry Norton (Director)
- Mario Rullan (Director)
- Gerry Salinas (Director)
- Jennifer Beckelhymer (Secretary)
- Juan C Caballero (Treasurer)
- Christine H Cerda (President)
- Alexandra C Solis (Vice President)
Official website here: www.laredofoundation.org
Where can I find the form 990 for Laredo Area Community Foundation?
The Laredo Area Community Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.laredofoundation.org
Learn more at the official website: www.laredofoundation.org
Mission Statement of Laredo Area Community Foundation
The Laredo Area Community Foundation, as its mission states, seeks to inspire generosity and empower the community by establishing a legacy of giving. This organization serves to cater to the philanthropic needs of Laredo and its surrounding areas, acting as a conduit for contributions from various sources such as individuals, businesses, non-profit organizations, and public agencies. By managing these funds, the foundation enables charitable grants to be distributed in various sectors, including Arts, Education, Environment, Health, Religious, and Social Services, as per the specifications outlined in the governing instruments of each individual fund. This mission of the Laredo Area Community Foundation aims to enhance the well-being of its community by harnessing the power of collective giving.
Impact
This information is meant to be a general summary of Laredo Area Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of the Laredo Area Community Foundation is evident in its mission to inspire generosity and empower a legacy of giving. By managing funds contributed by individuals, businesses, non-profit organizations, and public agencies, the foundation benefits Laredo and South Texas through charitable grants in areas such as arts, education, environment, health, religious, and social services. Through its work, the foundation plays a key role in enhancing the well-being and quality of life in Laredo and the surrounding communities.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2004
Phone
(956) 326-2845
Principal Officer
Christine H Cerda
Main Address
PO Box 450223, Laredo, TX, 78045
Website
www.laredofoundation.org
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Laredo Area Community Foundation 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.