nonprofit logo

Xavier Foundation Inc

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

EIN: 860806832 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

Overview

What is Xavier Foundation Inc?

Xavier Foundation Inc is a charitable organization situated in Phoenix, Arizona, with a specific focus on supporting Xavier College Preparatory. The foundation provides 40 need-based scholarships to deserving students, ensuring they can attend the school despite financial constraints. This initiative is overseen by a committee consisting of donors, teachers, counselors, and administrative staff. Moreover, Xavier Foundation Inc aims to secure the future prosperity and financial stability of Xavier College Preparatory by enhancing funds for crucial aspects such as scholarships, faculty development, capital projects, and technology.


Official website here: www.xcp.org/giving/foundation/

Is Xavier Foundation Inc legitimate?

Xavier Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Xavier 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.xcp.org/giving/foundation/

What is the mission statement of Xavier Foundation Inc?

The mission of Xavier Foundation Inc is centered around ensuring the long-term prosperity and financial health of Xavier College Preparatory. This is achieved by substantially enhancing the financial resources available for key areas of the Xavier education, specifically scholarship, faculty development, capital projects, and technology. The foundation aims to provide 40 need-based scholarships to students of Xavier College Preparatory through a committee review process, enabling financially disadvantaged students to attend the school. By doing so, the foundation aims to contribute to the overall educational development and future prospects of these students.


Official website here: www.xcp.org/giving/foundation/

Who is the CEO of Xavier Foundation Inc?

Catherine Clancy is the Treasurer/Secretary of Xavier Foundation Inc.


Official website here: www.xcp.org/giving/foundation/

What is the revenue of Xavier Foundation Inc?

Xavier Foundation Inc's revenue in 2022 was $1,180,131.


Official website here: www.xcp.org/giving/foundation/

Who are the executives of Xavier Foundation Inc and what are their salaries?

Here are 13 key members and their salaries:

    Catherine Clancy (Treasurer/Secretary) [Trustee/Director]
  • Compensation: $78,714
  • Related: $0
  • Other: $22,091

    • Ann Marie Alameddin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monique Cenac (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Clancy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Edelstein (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Flood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janel Glynn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Goodnow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Molly Iarocci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Lewis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Surgent (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacquie Weflen (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Wiley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.xcp.org/giving/foundation/

    Where can I find the form 990 for Xavier Foundation Inc?

    The Xavier Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.xcp.org/giving/foundation/

    Learn more at the official website: www.xcp.org/giving/foundation/

    Mission Statement of Xavier Foundation Inc

    Xavier Foundation Inc is committed to ensuring the long-term prosperity and financial health of Xavier College Preparatory. To achieve this goal, the foundation focuses on substantially enhancing the financial resources available for key areas of Xavier's education, including scholarship, faculty development, capital projects, and technology. By doing so, Xavier Foundation Inc aims to provide a solid financial backing for Xavier College Preparatory, thereby enabling it to deliver quality education to a wider student body.

    One of the ways Xavier Foundation Inc achieves this mission is by offering need-based scholarships to students attending Xavier College Preparatory. A committee, comprising of donors, Xavier teachers, counselors, and administrative staff, reviews and deliberates on the scholarship applications. These scholarships provide an opportunity for financially disadvantaged students to attend Xavier College Preparatory, thereby broadening the student body's diversity and ensuring that merit is not hindered by financial constraints. This commitment to scholarship funding is a testament to Xavier Foundation Inc's dedication to ensuring that quality education is accessible to all.

    Impact

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




    Saturday, July 20, 2024

    Xavier Foundation Inc's impact lies in its mission to provide for the long-term prosperity and fiscal health of Xavier College Preparatory by substantially enhancing the financial resources available for key areas of the Xavier education such as scholarship, faculty development, capital projects, and technology. Through the provision of 40 need-based scholarships to Xavier College Preparatory students, the foundation enables individuals who may not have had the financial means to attend the school otherwise. This support opens up educational opportunities for deserving students, contributing to their personal growth and academic success. By investing in scholarships and other educational initiatives, Xavier Foundation Inc is making a tangible difference in the lives of students and the broader community in Phoenix, Arizona.





    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: $840,881
  • Program Service Revenue: $0
  • Gross Receipts: $1,180,131

    • Assets and Liabilities:
  • Total Assets: $5,046,578
  • Total Liabilities: $0
  • Net Assets: $5,046,578
  • Organization Details

    Founding Year

    1996

    Principal Officer

    Catherine Clancy

    Main Address

    4710 N 5TH ST, PHOENIX, AZ, 85012

    NTEE Category

    Code: T20 - Philanthropy

    If you are a representative of Xavier Foundation Inc 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.