Overview
What is The Sharing Foundation?
The Sharing Foundation is a compassionate nonprofit organization based in Concord, Massachusetts. Their primary focus is to cater to the physical, emotional, educational, and medical needs of orphaned and seriously disadvantaged children in Cambodia. By consulting with local community leaders, they aim to improve the health and welfare of these children and their families. The foundation operates a children's center, known as the Roteang Children's Center, providing hygiene, medical services, nutrition, and a nurturing environment for 66 orphans and teens. In addition, they operate a Montessori-modeled preschool program serving over 40 children daily, and provide general support to over 500 students at the Roteang Village Public School through donations of supplies and uniforms. The organization also built playgrounds, classrooms, and a library for the school, demonstrating their commitment to the community. Despite their small team of one dedicated employee, their impact is substantial.
Official website here: www.sharingfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Sharing Foundation has received a commendable score of 96%, indicating a high level of accountability and financial health. The organization boasts a fully independent board comprised of twelve members, ensuring unbiased governance. The financial practices of the foundation are robust, demonstrated by a program expense ratio of 79.31%, which signifies that the majority of its funds are directed toward its programs rather than administrative costs.
One of the notable strengths of The Sharing Foundation is its adherence to best practices in governance, including the presence of comprehensive policies such as conflict of interest and whistleblower policies. Additionally, the organization demonstrates financial stability with a liabilities to assets ratio of 0.00%, reflecting no outstanding debts and a strong asset base.
While the data highlights impressive scores across various criteria, it is important for potential donors to consider that these ratings are based on quantifiable metrics. As always, supporters should also seek qualitative insights into the organization’s impact on the communities it serves to ensure alignment with their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Sharing Foundation?
90% of the 5 reviewers on Facebook recommend The Sharing Foundation. Here’s a summary of their insights:
Many users express a strong admiration for the organization, highlighting the dedication of its staff to the well-being of the children they serve. Reviewers note that the commitment to ensure that funds directly support the needs of the children is particularly commendable. This transparency and focused mission contribute to the overall positive perception of the nonprofit.
Overall, the sentiment appears very favorable, with individuals appreciating the hard work and devotion that characterize The Sharing Foundation. Donors feel confident that their contributions are making a real difference in the lives of the children involved.
This AI summary has been generated from reviews found on Facebook.
Is The Sharing Foundation legitimate?
The Sharing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sharing 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,000
For more financial information, click here
Official website here: www.sharingfoundation.org
What is the mission statement of The Sharing Foundation?
The Sharing Foundation's mission is centered around assisting in the fulfillment of the physical, emotional, educational, and medical needs of orphaned and severely disadvantaged children in Cambodia. The aim is to mitigate some of the challenges associated with poverty by collaborating with local community leaders to develop programs that enhance the health and welfare of these children and their families. The organization strives to prevent certain issues that poverty often brings about.
Official website here: www.sharingfoundation.org
Who is the CEO of The Sharing Foundation?
Kathleen Macdonald is the Treasurer of The Sharing Foundation.
Official website here: www.sharingfoundation.org
What is the revenue of The Sharing Foundation?
The Sharing Foundation's revenue in 2022 was $781,837.
Official website here: www.sharingfoundation.org
Who are the executives of The Sharing Foundation and what are their salaries?
The average compensation at The Sharing Foundation during 2022 was $37,000. There is 1 employee and 75 volunteers at The Sharing Foundation.
Here are 12 key members and their salaries:
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Official website here: www.sharingfoundation.org
Where can I find the form 990 for The Sharing Foundation?
The Sharing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sharingfoundation.org
Learn more at the official website: www.sharingfoundation.org
Mission Statement of The Sharing Foundation
The Sharing Foundation is dedicated to addressing the physical, emotional, educational, and medical needs of orphaned and seriously disadvantaged children in Cambodia. With a goal to prevent some of the challenges associated with poverty, this organization collaborates with local community leaders to develop programs that enhance the health and welfare of children and their families. By undertaking this mission, The Sharing Foundation aims to contribute to the betterment of these vulnerable individuals, offering them a chance at a more prosperous future.
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Impact
July, 2024
The Sharing Foundation's impact is evident in the care and support provided to orphaned and disadvantaged children in Cambodia. The Roteang Children's Center sets a high standard for hygiene, medical services, nutrition, and compassionate care for the 66 children and teens who call it home. Additionally, the organization's Montessori-modeled preschool program serves over 40 children six days a week, ensuring they receive quality education and support.
Moreover, The Sharing Foundation extends its impact beyond the center by providing general support to over 500 children attending the Roteang Village public school. By donating supplies, uniforms, and building essential infrastructure like playgrounds, classrooms, and libraries, the organization positively impacts the educational environment and opportunities for these children.
Overall, The Sharing Foundation's mission to address the physical, emotional, educational, and medical needs of vulnerable children in Cambodia is making a significant difference in the lives of those it serves.
This information is meant to be a general summary of The Sharing Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $370,749
- Gross Receipts: $782,410
Assets and Liabilities:
- Total Assets: $9,038,927
- Total Liabilities: $5,195
- Net Assets: $9,033,732
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Organization Details
Founding Year
1998
Phone
(781) 652-0166Principal Officer
Kathleen Macdonald
Main Address
PO BOX 600, CONCORD, MA, 017420600
Website
www.sharingfoundation.orgNTEE Category
Code: Q123 - International
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