Overview
What is Earlham Foundation?
The Earlham Foundation is a nonprofit organization situated in Richmond, Indiana, specifically at 801 National Road West. Its primary mission is to manage and invest the endowed and quasi-endowed funds for the benefit of Earlham College and Earlham School of Religion, a program thereof. By receiving and holding these gifts, the Foundation contributes to the financial sustainability of both institutions, releasing quarterly distributions of earnings to support their ongoing operations.
Is Earlham Foundation legitimate?
Earlham Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Earlham 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: $0
For more financial information, click here
What is the mission statement of Earlham Foundation?
The Earlham Foundation serves as a trust for permanently restricted gifts given to Earlham College and Earlham School of Religion. Its primary role is to manage and invest these funds, distributing a portion of the quarterly earnings to support the academic institution's and school's operational needs. In essence, the Earlham Foundation acts as a steward, overseeing the financial resources dedicated to the continued success and growth of Earlham College and Earlham School of Religion.
What is the revenue of Earlham Foundation?
Earlham Foundation's revenue in 2022 was $45,487,920.
Who are the executives of Earlham Foundation and what are their salaries?
- Stacy Lutz Davidson (Treasurer/Secretary) [Trustee/Director]
- Carrie D Ervin (Assistant Treasurer/Assistant Secretary)
- Joe Hedrick (President) [Trustee/Director]
- Randal Sadler (Vice President) [Trustee/Director]
- Brent Taylor (Director)
- Fred Mills (Director (Beg Jan 2022))
- Jim Donahue (Director)
- John Turitzin (Director (Beg Jan 2022))
- Marion Shore (Director)
- Mark Newlin (Director)
- Tania Deng (Director)
- Tom Johnson (Director)
Where can I find the form 990 for Earlham Foundation?
The Earlham Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Earlham Foundation
The Earlham Foundation plays a pivotal role in preserving and managing the permanent gifts bestowed upon Earlham College and the Earlham School of Religion. This philanthropic organization receives and holds these restricted endowments, carefully investing their funds to generate quarterly earnings. In turn, these distributions are disbursed to both the college and the school to support their ongoing operations. By stewarding the investment portfolio for the endowed and quasi-endowed funds, the Earlham Foundation fosters sustainable growth for these esteemed institutions.
Impact
This information is meant to be a general summary of Earlham Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Earlham Foundation's impact is significant in supporting the operations of Earlham College and Earlham School of Religion. By receiving and managing gifts made to these institutions, the Foundation ensures a sustainable source of funding for their educational programs. Through strategic investment of these funds, the Foundation is able to release quarterly distributions of earnings, directly benefiting Earlham College and Earlham School of Religion. Ultimately, the Foundation plays a crucial role in advancing education and academic pursuits in the community.
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
1931
Phone
(765) 983-1200
Main Address
801 National Road West, Richmond, IN, 47374
NTEE Category
Code: B11 - Education
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