The John Buck Company Foundation

Charity Navigator Rating: Two-Star out of Four Stars, Needs Improvement (73%)

The John Buck Company Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in its organizational practices and governance. The foundation scored 73% overall, with notable strengths in financial management, including a strong program expense ratio of 94.04%, which suggests that the majority of its expenses are directed towards its programs rather than administrative costs.

However, the foundation has significant governance issues that have been highlighted in the evaluation. Notably, it has 0% independent board members, which raises concerns regarding oversight and accountability. Additionally, the absence of key policies such as a conflict of interest policy and a whistleblower policy further points to areas where the foundation could strengthen its governance practices.

While the foundation has shown effective financial oversight with no material diversion of assets and the presence of an audit and oversight committee, it still needs to address its governance shortcomings to improve its rating. Implementing independent board members and essential policies would help enhance its accountability and transparency in the future.

This AI summary has been generated from information found on Charity Navigator.

The John Buck Company Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The John Buck Company 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: $0

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Official website here: www/tjbc.com/the-foundation/