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Yhb Charitable Endowment Inc.

Yhb Charitable Endowment Inc.

West Hartford, CT 06107
Tax ID26-2552404

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About this organization

Revenue

$4,448,179

Expenses

$1,567,917

Website

yhbce.org

Mission

Yhb Charitable Endowment was formed to serve the charitable interests of its donors by offering individual donor advised funds. Such funds offer simplicity and flexibility as to the timing, amounts and beneficiaries of charitable donations. Donors have input as to how fund dollars are invested or, with larger accounts, can access personal asset management for their fund. Donors can create a legacy of giving to perpetuate family values or to honor the memory of a loved one.

About

Manage a portfolio of philanthropic funds to increase the amount of charitable funding available to non-profits and assist donors with their philanthropic goals.

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “Yhb charitable endowment was formed to serve the charitable interests of its donors by offering individual donor advised funds. such funds offer simplicity and flexibility as to the timing, amounts and beneficiaries of charitable donations. donors have input as to how fund dollars are invested or, with larger accounts, can access personal asset management for their fund. donors can create a legacy of giving to perpetuate family values or to honor the memory of a loved one.”.

When explaining its duties, they were described as: “Yhb charitable endowment was formed to serve the charitable interests of its donors by offering individual donor advised funds. such funds offer simplicity and flexibility as to the timing, amounts and beneficiaries of charitable donations. donors have input as to how fund dollars are invested or, with larger accounts, can access personal asset managment for their fund. donors can create a legacy of giving to perpetuate family values or to honor the memory of a loved one.”.

  • The state in which the non-profit is authorized to operate legally is CT.
  • According to the filing, the address of the non-profit for the year 2020 is 29 SOUTH MAIN STREET SUITE 306, WEST HARTFORD, CT, 06107.
  • The non-profit has reported 0 employees on their form for the year 2020.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $2,880,262.
  • The organization has 5 independent voting members.
  • The organization was formed in 2008.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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