Overview
What is Hills Bank Donor Advised Gift Fund?
Hills Bank Donor Advised Gift Fund is a charitable organization, situated in North Liberty, Iowa. Their primary function involves providing financial assistance to over 300 other non-profit organizations, under Section 501(c)(3) of the Internal Revenue Code, that are not classified as private foundations. The fund grants are exclusively in the form of cash, intended for the recipient organizations' general support. Their mission is centered around distributing financial resources to eligible charitable entities, contributing to various causes within their community and beyond.
Is Hills Bank Donor Advised Gift Fund legitimate?
Hills Bank Donor Advised Gift Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hills Bank Donor Advised Gift Fund 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 Hills Bank Donor Advised Gift Fund?
The Hills Bank Donor Advised Gift Fund's mission is primarily focused on providing financial aid. Specifically, it makes cash grants to organizations that fall under Section 501(c)(3) of the Internal Revenue Code, excluding private foundations under Section 509. These grants are intended to support the general operations of these charitable organizations. The Hills Bank Donor Advised Gift Fund's mission is to contribute to the causes these organizations advocate for, thereby indirectly contributing to various social, educational, or community initiatives. The specific grants made by the fund are detailed in Schedule I of its return.
Who is the CEO of Hills Bank Donor Advised Gift Fund?
Jeffrey Ritchie is the President Of Trustee of Hills Bank Donor Advised Gift Fund.
What is the revenue of Hills Bank Donor Advised Gift Fund?
Hills Bank Donor Advised Gift Fund's revenue in 2022 was $8,174,853.
Who are the executives of Hills Bank Donor Advised Gift Fund and what are their salaries?
- Lisa Sheleny (President Of Trustee)
- Jeffrey Ritchie (Sr. V.P., Trust Officer Of Trustee)
Where can I find the form 990 for Hills Bank Donor Advised Gift Fund?
The Hills Bank Donor Advised Gift Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Hills Bank Donor Advised Gift Fund
The Hills Bank Donor Advised Gift Fund, as its mission, focuses on providing financial aid to various charitable organizations. This fund, exempt under Section 501(c)(3) of the Internal Revenue Code, grants cash to these organizations, ensuring they can continue their non-profit operations. Crucially, the Hills Bank Donor Advised Gift Fund strictly avoids supporting private foundations, as per Section 509 of the Internal Revenue Code. The fund's grants are distributed in the form of cash, and a comprehensive list of these contributions is detailed in Schedule I of their tax returns.
Impact
This information is meant to be a general summary of Hills Bank Donor Advised Gift Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The impact of Hills Bank Donor Advised Gift Fund is significant in supporting over 300 charitable organizations through cash grants. These grants provide general support to organizations that are tax-exempt nonprofits under Section 501(c)(3) of the Internal Revenue Code and are not private foundations under Section 509. By providing financial assistance in the form of cash grants, the fund plays a crucial role in advancing the philanthropic efforts of various nonprofit organizations. Their mission focuses on making a positive impact by facilitating grants to further the missions of other charitable entities.
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
1997
Phone
(319) 338-1522
Principal Officer
Jeffrey Ritchie
Main Address
590 West Forevergreen Road, North Liberty, IA, 523178507
NTEE Category
Code: T70 - Philanthropy
If you are a representative of Hills Bank Donor Advised Gift Fund 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.