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Dallas Seminary Foundation

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

EIN: 752188543 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

Overview

What is Dallas Seminary Foundation?

The Dallas Seminary Foundation is a nonprofit organization based in Dallas, Texas, with an address at 3909 Swiss Avenue, 75204. Its primary mission is to administer funds given to support Dallas Theological Seminary and various ministries served by its alumni. This includes managing donor-advised funds, charitable trusts, gift annuities, scholarships, and designated grants. The foundation's role is instrumental in helping further the mission of Dallas Theological Seminary and its associated ministries by offering charitable planned giving and related services to benefactors. With a team of seven employees, the Dallas Seminary Foundation is dedicated to making a significant impact through its support.


Official website here: www.foundation.dts.edu

Is Dallas Seminary Foundation legitimate?

Dallas Seminary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dallas Seminary 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: $273,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $199,298

For more financial information, click here


Official website here: www.foundation.dts.edu

What is the mission statement of Dallas Seminary Foundation?

The Dallas Seminary Foundation serves a crucial role in supporting the mission of Dallas Theological Seminary. Through charitable planned giving and related services, it assists friends of the Seminary in making a difference. The foundation manages various funds primarily dedicated to the support of Dallas Theological Seminary and ministries connected to its alumni. These funds include donor-advised grants, charitable trusts, gift annuities, scholarships, and designated grants. By administering these funds, the Dallas Seminary Foundation plays an essential part in furthering the goals of Dallas Theological Seminary and the impactful work of its alumni.


Official website here: www.foundation.dts.edu

Who is the CEO of Dallas Seminary Foundation?

Scott Talbot is the Executive Director of Dallas Seminary Foundation.


Official website here: www.foundation.dts.edu

What is the revenue of Dallas Seminary Foundation?

Dallas Seminary Foundation's revenue in 2023 was $13,426,192.


Official website here: www.foundation.dts.edu

Who are the executives of Dallas Seminary Foundation and what are their salaries?

The average compensation at Dallas Seminary Foundation during 2023 was $67,575. There are 7 employees and 11 volunteers at Dallas Seminary Foundation.

Here are 17 key members and their salaries:

    Mark Yarbrough (Director)
  • Compensation: $0
  • Related: $256,505
  • Other: $94,198

    • Robert Riggs (Director)
  • Compensation: $0
  • Related: $144,922
  • Other: $68,160

    • Kim Till (Director)
  • Compensation: $0
  • Related: $178,205
  • Other: $18,331

    • David Tarrant (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $150,555
  • Other: $14,211

    • Scott Talbot (Executive Director)
  • Compensation: $123,601
  • Related: $0
  • Other: $14,475

    • Kathryn Robertson (Treasurer) [Trustee/Director]
  • Compensation: $92,853
  • Related: $0
  • Other: $12,890

    • Chris Lipper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Nixon Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dale Hortenstine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Stone Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Stevens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Murchison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Kilpatrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Stroud (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Jobe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Mcculloch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grant Switzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundation.dts.edu

    Where can I find the form 990 for Dallas Seminary Foundation?

    The Dallas Seminary Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.foundation.dts.edu

    Learn more at the official website: www.foundation.dts.edu

    Mission Statement of Dallas Seminary Foundation

    The Dallas Seminary Foundation serves a vital role in upholding the mission of Dallas Theological Seminary. By offering charitable planned giving and related services, the Foundation fosters support from friends of the Seminary. In essence, it acts as a conduit for donors to contribute to the educational institution and various ministries connected to its graduates.

    The Foundation's primary responsibility lies in managing funds benefiting Dallas Theological Seminary and the organizations it serves through its alumni. This includes donor-advised funds, charitable trusts, scholarship programs, and designated grants. The donor-advised funds enable donors to recommend grants to Dallas Theological Seminary and affiliated ministries, ensuring their charitable contributions align with their philanthropic goals.

    In addition to managing funds, the Dallas Seminary Foundation offers other planned giving options, such as gift annuities, to its supporters. These arrangements enable donors to receive income for life while making a significant contribution to the Seminary and its mission. The Foundation also manages scholarships to support students pursuing their theological education at Dallas Theological Seminary, thereby investing in the next generation of religious leaders.

    By providing these charitable giving opportunities, the Dallas Seminary Foundation strengthens the bond between donors and the Seminary, ultimately furthering its mission to educate and prepare individuals for Christian service, scholarship, and leadership.

    Impact

    This information is meant to be a general summary of Dallas Seminary Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Dallas Seminary Foundation's impact is significant in supporting the mission of Dallas Theological Seminary by offering charitable planned giving and related services to friends of the Seminary. It administers funds primarily dedicated to supporting Dallas Theological Seminary and ministries served by its alumni. This includes managing donor advised funds that provide grants to the Seminary and alumni ministries, overseeing charitable trusts, facilitating gift annuities, managing scholarships, and directing designated grants. Through these efforts, the Foundation plays a crucial role in advancing education and the broader mission of Dallas Theological Seminary and its affiliated ministries.





    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 2023.

  • Investment Income: $1,710,334
  • Program Service Revenue: $532,070
  • Gross Receipts: $29,282,842

    • Assets and Liabilities:
  • Total Assets: $92,516,678
  • Total Liabilities: $34,423,537
  • Net Assets: $58,093,141
  • Programs

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

    Fund mgmt assessment

    Revenue

    $532,070

    Organization Details

    Founding Year

    1987

    Principal Officer

    Scott Talbot

    Main Address

    3909 Swiss Avenue, Dallas, TX, 752046411

    NTEE Category

    Code: B115 - Education

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