YWCA of Billings Endowment Foundation Inc.

Overview

The YWCA of Billings Endowment Foundation Inc. is a 501(c)(3) nonprofit organization located in Billings, Montana. Its primary mission is to manage investments and receive contributions, with the goal of providing financial support to the YWCA of Billings. The foundation focuses on maintaining the principal portion of its investments, while using the generated income to further the exempt purpose of the Young Women's Christian Association of Billings, Montana.

Financial Operations

As of its most recent financial reports, the foundation has total assets valued at approximately $1,550,776, with no liabilities recorded. The primary sources of revenue include contributions and investment income. In recent years, the foundation has distributed grants to support various initiatives aligned with the YWCA's mission.

Management and Governance

The organization is overseen by an endowment board, which plays a crucial role in stewarding resources to support the YWCA's mission. Members of the board work to cultivate resources and ensure responsible financial management.

Impact

The YWCA of Billings Endowment Foundation Inc. supports the YWCA's programs, which focus on providing essential services such as emergency and transitional housing, legal advocacy, and case management for survivors of domestic violence, sexual assault, and human trafficking. The foundation's contributions help empower women and promote peace and justice in the community.

Ratings and Reviews

The organization maintains a strong reputation, with high ratings from charity evaluators due to its transparent governance and financial management practices. Community feedback highlights the positive impact of the YWCA's programs on the lives of individuals and families in need.

Mission Alignment

The foundation's mission aligns closely with the broader goals of the YWCA, which include eliminating racism, empowering women, and promoting peace and justice. By providing sustainable financial support, the foundation enables the YWCA to effectively respond to the evolving needs of its community.