Overview
What is Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation?
The Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation is a philanthropic organization based in Cleveland, Ohio, specifically at 140 East Ninth Street. Their primary role involves making grants to various organizations, aligning with their supporting organization status under IRC Section 509(A)(3). This grant-making activity is an essential part of their mission to contribute to the betterment of the community and support various causes. The foundation's work extends beyond its own resources, as it relies on collaborations with other organizations to achieve its objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Thomas C&Sandra S Sullivan Foundation, evaluated for its accountability and finance practices, has received a solid Three-Star rating from Charity Navigator. This score reflects a strong commitment to responsible management, with an overall score derived from a comprehensive assessment of their financial practices. The organization boasts an impressive 87% score in the Accountability & Finance category, highlighting its dedication to transparency.
Significant strengths include a fully independent board of directors, which consists of 10 members, all of whom are independent, earning maximum points for governance. Furthermore, the foundation has demonstrated good stewardship of its resources with a liabilities to assets ratio of 0.00%, signifying strong financial health. The presence of comprehensive whistleblower and document retention policies further enhances its accountability framework.
While the foundation's financial metrics are commendable, the focus solely on the Accountability & Finance beacon means that other operational aspects, such as program effectiveness or community impact, may not be fully represented in the rating. Nonetheless, the foundation's high program expense ratio of 82.66% suggests that a significant portion of its funds are allocated towards its mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation legitimate?
Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas C&Sandra S Sullivan Foundation C/O Catholic Community 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation?
The Thomas C&Sandra S Sullivan Foundation, functioning as a supporting organization under IRC Section 509(A)(3), distributes grants to various organizations. The primary objective of these grants is to further the foundation's charitable endeavors, as outlined in its supporting organization status. The foundation does not have a publicly stated mission statement that focuses on specific causes or areas of support. Instead, it fulfills its mission by providing financial assistance to a variety of organizations, thereby contributing to various charitable initiatives.
Who is the CEO of Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation?
Patrick Grace is the President of Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation.
What is the revenue of Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation?
Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation's revenue in 2022 was $41,729.
Who are the executives of Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation?
Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Thomas C&Sandra S Sullivan Foundation C/O Catholic Community Foundation
The Thomas C&Sandra S Sullivan Foundation, functioning as a supporting organization under IRC Section 509(A)(3), is committed to making grants to various organizations. This philanthropic entity adheres to its mission by providing financial assistance to numerous organizations, contributing to their operations and advancements. The foundation's grants serve to further the goals and objectives of the recipient organizations, thereby supporting their causes and promoting their growth. The Thomas C&Sandra S Sullivan Foundation's activities are primarily centered around grant-making, which allows it to contribute to a diverse range of organizations and make a significant impact in its field.
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Impact
August, 2024
The Thomas C&Sandra S Sullivan Foundation, operating through the Catholic Community Foundation, has a significant impact by making grants to various organizations. These grants support the foundation's mission of furthering its supporting organization status under IRC Section 509(a)(3). Through these grants, the foundation is able to contribute to the advancement of various causes and initiatives that align with its charitable objectives.
This information is meant to be a general summary of Thomas C&Sandra S Sullivan Foundation C/O Catholic Community 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: $39,791
- Gross Receipts: $2,120,122
Assets and Liabilities:
- Total Assets: $4,670,675
- Total Liabilities: $0
- Net Assets: $4,670,675
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Organization Details
Founding Year
2003
Phone
(216) 696-6525Principal Officer
Patrick Grace
Main Address
1404 EAST NINTH STREET, CLEVELAND, OH, 44114
NTEE Category
Code: Z99 - Unknown
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