Brothers Of The Sacred Heart Foundation Inc

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

EIN: 720841091 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

Overview

What is Brothers Of The Sacred Heart Foundation Inc?

Brothers of the Sacred Heart Foundation Inc, located in New Orleans, Louisiana, serves as a nonprofit organization with the primary objective of supporting the Brothers of the Sacred Heart. Their mission involves fostering enduring relationships, providing spiritual guidance, and financing vocational and educational endeavors for the Brothers within their U.S. province and international missions. The foundation aims to advance and uphold the Brothers' lives and works through these initiatives.


Is Brothers Of The Sacred Heart Foundation Inc legitimate?

Brothers Of The Sacred Heart Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brothers Of The Sacred Heart 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: $112,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Brothers Of The Sacred Heart Foundation Inc?
Who is the CEO of Brothers Of The Sacred Heart Foundation Inc?
What is the revenue of Brothers Of The Sacred Heart Foundation Inc?
Who are the executives of Brothers Of The Sacred Heart Foundation Inc and what are their salaries?
Where can I find the form 990 for Brothers Of The Sacred Heart Foundation Inc?

Mission Statement of Brothers Of The Sacred Heart Foundation Inc

Brothers of the Sacred Heart Foundation Inc is committed to advancing the life and works of the Brothers of the Sacred Heart. They achieve this mission through sustained relationships, spiritual support, and funding of vocation and formation efforts within the province and its missions. The foundation's primary objective is to provide financial assistance to the Brothers of the Sacred Heart, thereby supporting and furthering their mission. This support encompasses various aspects, including vocational and formational endeavors, thereby strengthening the Brotherhood's presence and influence.

Impact

This information is meant to be a general summary of Brothers Of The Sacred Heart Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Brothers Of The Sacred Heart Foundation Inc's impact lies in advancing the life and works of the Brothers of the Sacred Heart through sustained relationships, spiritual support, and funding of vocation and formation efforts within the U.S. Province and its missions. Through issuing grants to the Brothers of the Sacred Heart, the foundation furthers the life and mission of the organization, contributing to the growth and development of individuals dedicated to their religious calling. The foundation's focus on sustaining relationships, providing spiritual support, and offering financial assistance plays a vital role in ensuring that the Brothers of the Sacred Heart can continue their important work in the community.





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: $2,700,564
  • Program Service Revenue: $0
  • Gross Receipts: $11,053,109

    • Assets and Liabilities:
  • Total Assets: $41,927,198
  • Total Liabilities: $0
  • Net Assets: $41,927,198
  • Organization Details

    Founding Year

    1977

    Principal Officer

    Brother Ivy Leblanc Sc

    Main Address

    4600 ELYSIAN FIELDS AVENUE, NEW ORLEANS, LA, 70122

    NTEE Category

    Code: X22 - Religion related

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