Overview
What is Advisors Charitable Gift Fund?
The Advisors Charitable Gift Fund is a nonprofit organization dedicated to fostering charitable contributions. By distributing funds, they support approximately 1,000 organizations worldwide, focusing on sectors such as education, culture, religion, and social services. Their mission is to aid in the alleviation of poverty, thereby contributing positively to their communities.
Official website here: www.acgfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Advisors Charitable Gift Fund has achieved a high rating of 95% from Charity Navigator, indicating strong performance in accountability and finance. This high score reflects the organization's commitment to transparency and effective financial management, particularly highlighted by its 100% independent board and excellent financial ratios.
The organization demonstrates a robust program expense ratio of 95.36%, suggesting that the vast majority of its funds are directed towards its charitable activities rather than administrative costs. Additionally, with zero liabilities to assets ratio, the Fund shows financial stability, which further enhances donor confidence in its operations and mission.
While the data presents a favorable picture of the Advisors Charitable Gift Fund, it is essential for potential donors to consider ongoing engagement and updates from the organization. The focus on accountability and governance is commendable, but regular communication about program impact and community engagement can strengthen relationships with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Advisors Charitable Gift Fund legitimate?
Advisors Charitable Gift Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advisors Charitable Gift Fund 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: $15,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.acgfund.org
What is the mission statement of Advisors Charitable Gift Fund?
The Advisors Charitable Gift Fund's mission is centered around promoting charitable giving. They achieve this by providing financial grants to approximately 1,000 organizations. These organizations primarily focus their efforts on sectors such as education, culture, religion, and social services, with a particular emphasis on overcoming poverty. By doing so, the fund aims to contribute to various societal needs and improve the lives of many.
Official website here: www.acgfund.org
Who is the CEO of Advisors Charitable Gift Fund?
Christopher Hulse is the President of Advisors Charitable Gift Fund.
Official website here: www.acgfund.org
What is the revenue of Advisors Charitable Gift Fund?
Advisors Charitable Gift Fund's revenue in 2022 was $6,290,034.
Official website here: www.acgfund.org
Who are the executives of Advisors Charitable Gift Fund and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.acgfund.org
Where can I find the form 990 for Advisors Charitable Gift Fund?
Advisors Charitable Gift Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acgfund.org
Learn more at the official website: www.acgfund.org
Mission Statement of Advisors Charitable Gift Fund
The Advisors Charitable Gift Fund is an organization dedicated to fostering charitable giving. Its mission is to support a diverse array of 1,000 nonprofits by providing them with financial aid. These organizations primarily focus on sectors such as education, culture, religion, and social services, with a significant portion of their efforts directed towards combating poverty. By granting funds to these organizations, the Advisors Charitable Gift Fund plays a pivotal role in contributing to various societal causes and promoting a spirit of giving within the community.
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Impact
July, 2024
Advisors Charitable Gift Fund's impact lies in promoting charitable giving by granting funds to 1,000 organizations focused on education, culture, religion, social services, and overcoming poverty. Through this support, they contribute to the betterment of communities and individuals in need across various sectors.
This information is meant to be a general summary of Advisors Charitable Gift Fund. 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: $2,217,219
- Program Service Revenue: $207,205
- Gross Receipts: $14,047,769
Assets and Liabilities:
- Total Assets: $25,560,118
- Total Liabilities: $11,561
- Net Assets: $25,548,557
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Administrative Fees
Revenue
$207,205
Organization Details
Founding Year
2003
Phone
(781) 970-5077Principal Officer
Christopher Hulse
Main Address
12 Gill Street 2600, Woburn, MA, 018011729
Website
www.acgfund.orgNTEE Category
Code: W120 - Public benefit
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