Francis Foundation Inc

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

Francis Foundation Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. The organization boasts a perfect score for having a fully independent board, demonstrating its commitment to governance and transparency. Additionally, the solid program expense ratio of 88.66% signifies that a significant portion of its funding is directed toward its charitable programs rather than administrative costs.

The foundation has been proactive in implementing various governance policies, including conflict of interest and whistleblower policies, both of which contribute to its ethical operations. The absence of any material diversion of assets further enhances its reputation, ensuring donors that their contributions are used as intended. The organization also maintains thorough documentation of board meetings, underscoring its commitment to transparency.

However, while the financial ratios reflect a healthy organization, potential donors may want to consider the impact and reach of the programs supported by the Francis Foundation. Overall, the high rating and robust governance practices position the foundation as a trustworthy recipient of charitable contributions.

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

Francis Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Francis Foundation Inc 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: $140,900

For more financial information, click here