YouthBridge Community Foundation has a long tradition as a strong, stable organization with sound financial management.
When YouthBridge transitioned from a children’s home to a community foundation in 2005, our assets exceeded $25M. Our first gift was to donate 15% of our endowment to launch HavenHouse St. Louis. The remainder of our endowment has been wisely invested, and the earnings are used to fund our grants, programs and operating expenses.
We are a corporation in good standing with the Missouri Secretary of State and qualified under Internal Revenue Code Section 501(c)3 as a nonprofit corporation. Our organization undergoes an annual audit by RubinBrown LLP.
YouthBridge uses Greater Horizons for back office administration and access to institutional quality, low cost pooled investment funds. Greater Horizons provides administrative support to community foundations throughout the country representing over $2 billion in charitable assets and is a wholly owned subsidiary of the Greater Kansas City Community Foundation (one of the 10 largest in the U.S.). Greater Horizons completes an annual SOC 1 audit.
Other financial service vendors include Enterprise Bank, Fidelity Investments, Vanguard and Buckingham Asset Management