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The John G And Marie Stella Kenedy Memorial Foundation

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

EIN: 746040701 ✦ Corpus christi, TX ✦ Designated as a 501(c)(3)

Overview

What is The John G And Marie Stella Kenedy Memorial Foundation?

The John G and Marie Stella Kenedy Memorial Foundation is a nonprofit organization based in Corpus Christi, Texas, with approximately 18 employees. Established with a mission to support religious, educational, and charitable purposes, the Foundation allocates 10% of its charitable donations to non-sectarian entities and 90% to sectarian ones. Among sectarian grants, around 70% are directed towards organizations in the South Texas region, encompassing the Dioceses of Brownsville, Corpus Christi, and Laredo. The Foundation's grant decisions align with its core values, which include breaking the cycle of poverty, helping people help themselves, developing the Catholic faith, advancing spirituality, nurturing support for Catholic institutions, fostering respect, encouraging cooperative partnerships, and cultivating a passion for learning. The Foundation's website, www.kenedy.org, provides more information on its goal to assist and support various causes.


Official website here: www.kenedy.org

Is The John G And Marie Stella Kenedy Memorial Foundation legitimate?

The John G And Marie Stella Kenedy Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The John G And Marie Stella Kenedy Memorial 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: $493,872
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,122,945

For more financial information, click here


Official website here: www.kenedy.org

What is the mission statement of The John G And Marie Stella Kenedy Memorial Foundation?

The John G and Marie Stella Kenedy Memorial Foundation aims to support religious, educational, and charitable initiatives that align with its core values. These values include breaking the cycle of poverty, helping people help themselves, developing the Catholic faith, advancing spirituality, nurturing support for Catholic institutions, and fostering a passion for learning. The foundation encourages cooperative partnerships to achieve these goals and invites individuals to contribute to these endeavors. By focusing on these areas, the foundation aspires to make a positive impact on communities and individuals in need.


Official website here: www.kenedy.org

Who is the CEO of The John G And Marie Stella Kenedy Memorial Foundation?

Sylvia Whitmore is the Director of The John G And Marie Stella Kenedy Memorial Foundation. The CEO's salary of The John G And Marie Stella Kenedy Memorial Foundation is $265,736 and their total compensation is $316,328.


Official website here: www.kenedy.org

What is the revenue of The John G And Marie Stella Kenedy Memorial Foundation?

The John G And Marie Stella Kenedy Memorial Foundation's revenue in 2022 was $49,226,807.


Official website here: www.kenedy.org

Who are the executives of The John G And Marie Stella Kenedy Memorial Foundation and what are their salaries?

The average compensation at The John G And Marie Stella Kenedy Memorial Foundation during 2022 was $89,823. There are 18 employees at The John G And Marie Stella Kenedy Memorial Foundation.

Here are 19 key members and their salaries (The John G And Marie Stella Kenedy Memorial Foundation's CEO's salary is $265,736 and their total compensation is $316,328):

    Sylvia Whitmore (Ceo/Officer)
  • Compensation: $265,736
  • Related: $0
  • Other: $50,592

    • Paul Damerow (Comptroller)
  • Compensation: $154,592
  • Related: $0
  • Other: $33,052

    • Marco Castillo (Operations Officer)
  • Compensation: $134,452
  • Related: $0
  • Other: $28,168

    • Silvat Majeed (Investment Officer)
  • Compensation: $111,086
  • Related: $0
  • Other: $24,269

    • Linda E Galvan (Assistant Comptroller)
  • Compensation: $108,358
  • Related: $0
  • Other: $24,568

    • Bishop Robert Coerver (Director)
  • Compensation: $13,200
  • Related: $20,976
  • Other: $56,142

    • Bp Wm Michael Mulvey (Director)
  • Compensation: $13,200
  • Related: $26,076
  • Other: $43,428

    • Bishop John Cahill (Director)
  • Compensation: $13,200
  • Related: $17,862
  • Other: $39,278

    • Ab Gustavo Garcia-Siller (Director)
  • Compensation: $12,600
  • Related: $24,047
  • Other: $33,581

    • Tom Dobson (Director)
  • Compensation: $14,400
  • Related: $0
  • Other: $0

    • Nicholas T Serafy Jr (Director)
  • Compensation: $14,400
  • Related: $0
  • Other: $0

    • Gloria Hicks (Vice President) [Trustee/Director]
  • Compensation: $13,200
  • Related: $0
  • Other: $0

    • Robert J Sweeney (Treasurer) [Trustee/Director]
  • Compensation: $13,200
  • Related: $0
  • Other: $0

    • Jean Claire Turcotte (Secretary) [Trustee/Director]
  • Compensation: $13,200
  • Related: $0
  • Other: $0

    • Brad Stewart (Director)
  • Compensation: $13,200
  • Related: $0
  • Other: $0

    • Michael F Terry (Director)
  • Compensation: $13,200
  • Related: $0
  • Other: $0

    • Hon Ja Garcia Jr (Non-Voting Director)
  • Compensation: $11,000
  • Related: $0
  • Other: $0

    • Anna B Galo (Director)
  • Compensation: $9,600
  • Related: $0
  • Other: $0

    • Ricardo Hinojosa (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.kenedy.org

    Where can I find the form 990 for The John G And Marie Stella Kenedy Memorial Foundation?

    The The John G And Marie Stella Kenedy Memorial Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.kenedy.org

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

    Mission Statement of The John G And Marie Stella Kenedy Memorial Foundation

    The John G and Marie Stella Kenedy Memorial Foundation is a philanthropic organization dedicated to supporting religious, educational, and charitable causes. In line with its mission, the Foundation strives to foster initiatives that embody the values of breaking the cycle of poverty, helping people help themselves, developing the Catholic faith, advancing spirituality, and nurturing support and love for Catholic institutions.

    Through its commitment to these core values, the Foundation plays a significant role in touching the lives of individuals and communities in need. By investing in endeavors that address poverty, the organization aims to create lasting and sustainable solutions, enabling people to help themselves and ultimately improving their living conditions. In the realm of spiritual growth, the Foundation supports the development of faith through various initiatives that promote religious education and cultivate a deeper connection to spirituality. Furthermore, the Foundation fosters respect and encourages collaborative partnerships, recognizing the power of unity and cooperation in creating positive change.

    In their pursuit of these objectives, the Foundation's efforts extend beyond monetary support. By providing resources and opportunities for growth, the organization empowers the people and institutions it supports to reach their full potential and make a meaningful impact on the world. The commitment to these core values is evident in the Foundation's unwavering dedication to making a difference in the lives of those they serve.

    Impact

    This information is meant to be a general summary of The John G And Marie Stella Kenedy Memorial Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The John G And Marie Stella Kenedy Memorial Foundation focuses on supporting religious, educational, and charitable purposes, primarily within the State of Texas. The Foundation's impact is significant, with a focus on breaking the cycle of poverty, assisting people in helping themselves, developing the Catholic faith, advancing spirituality, nurturing support for Catholic institutions, promoting a passion for learning, fostering respect, and encouraging collaborative partnerships. Through its charitable grants, the Foundation helps numerous individuals and organizations, particularly in areas such as education, health, human services, and support for the indigent. With a strong emphasis on Catholic values and institutions, the Foundation's impact can be seen in the positive contributions it makes to the communities it serves.





    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: $13,284,524
  • Program Service Revenue: $1,809
  • Gross Receipts: $57,853,989

    • Assets and Liabilities:
  • Total Assets: $391,275,423
  • Total Liabilities: $10,373,234
  • Net Assets: $380,902,189
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Museum admissions

    Revenue

    $1,809

    Organization Details

    Founding Year

    1960

    Principal Officer

    Sylvia Whitmore

    Main Address

    555 N Carancahua St 1700, Corpus Christi, TX, 784010851

    NTEE Category

    Code: X22 - Religion related

    If you are a representative of The John G And Marie Stella Kenedy Memorial 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.