Overview
What is Coast Guard Foundation Inc?
Coast Guard Foundation Inc is a nonprofit organization situated in Stonington, Connecticut, dedicated to supporting the United States Coast Guard and its members. The foundation aims to enhance their mission readiness and resilience through various initiatives. These include providing fitness and recreation gear, resilience training, and retreats to boost morale and wellness, as well as offering education and workforce development assistance for further career advancement. The Coast Guard Foundation also empowers the spouses of Coast Guard members by providing grants to help them pursue college degrees or professional certifications, thereby improving their personal fulfillment and the family's financial stability. Additionally, the foundation invests in Coast Guard children by offering scholarships for higher education and comprehensive educational support for those who have lost a Coast Guard parent. In times of tragedy, the foundation offers assistance to families when a Coast Guard member is injured or dies in the line of duty or when a family member passes away, and provides emergency relief during disasters. Overall, the Coast Guard Foundation supports the Coast Guard community by promoting wellness, providing educational opportunities, and offering assistance during challenging times.
Official website here: www.coastguardfoundation.org
What are the reviews and ratings of this charity?
98% rating from Charity Navigator indicates that Coast Guard Foundation Inc is highly effective and well-managed. The organization has achieved a Four-Star out of Four Star rating, signifying excellence in accountability and transparency, with a score of 96 in Accountability & Finance, and perfect scores in Impact & Measurement, Culture & Community, and Leadership & Adaptability.
The foundation boasts a majority independent board with 29 members, ensuring strong governance and oversight. Notable policies are in place, such as conflict of interest and whistleblower protections, contributing to a robust operational framework. The financial metrics are also favorable, with a program expense ratio of 65.53% and a low liabilities to assets ratio of 13.19%, indicating effective use of resources for mission-related activities.
While the organization excels in many areas, the program expense ratio could be improved to further enhance its mission-focused spending. However, the overall operational health and commitment to impact and community engagement position Coast Guard Foundation Inc as a leading nonprofit in its field.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Coast Guard Foundation Inc?
98% of 44 reviewers on Facebook recommend the Coast Guard Foundation Inc. Here is a summary of their reviews: Many supporters express strong admiration for the foundation, describing it as a beacon of American patriotism and support for the Coast Guard community. The sentiment is overwhelmingly positive, with numerous reviewers highlighting the foundation's commendable reputation and high ratings.
Reviewers appreciate the commitment of the Coast Guard Foundation to its mission, emphasizing how it effectively honors and supports those in the Coast Guard. The passion for the cause resonates well with many, who feel proud to endorse an organization dedicated to such vital service members.
Overall, the reviews reflect a solid consensus that the Coast Guard Foundation Inc not only delivers on its promises but also instills a sense of pride and respect among its supporters.
This AI summary has been generated from reviews found on Facebook.
Is Coast Guard Foundation Inc legitimate?
Coast Guard Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coast Guard 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: $766,355
Professional Fundraising Fees: $480,693
Other Salaries and Wages: $1,428,283
For more financial information, click here
Official website here: www.coastguardfoundation.org
What is the mission statement of Coast Guard Foundation Inc?
The Coast Guard Foundation Inc's mission is centered around supporting the Coast Guard and its community. They achieve this through various initiatives. These include morale, wellness, and community-building projects, as well as education and workforce development assistance for Coast Guard members. The organization also empowers Coast Guard spouses by offering grants for higher education or professional certifications, enhancing their personal fulfillment and boosting the family's financial stability. Moreover, the Coast Guard Foundation invests in the children of Coast Guard members, providing scholarships and comprehensive educational support for those who have lost a parent in the line of duty. In times of tragedy, they provide assistance to Coast Guard families when a member is injured or dies in the line of duty or when a family member passes away. Additionally, they offer emergency relief to families who suffer significant losses during a disaster.
Official website here: www.coastguardfoundation.org
Who is the CEO of Coast Guard Foundation Inc?
Susan Ludwig is the President of Coast Guard Foundation Inc.
Official website here: www.coastguardfoundation.org
What is the revenue of Coast Guard Foundation Inc?
Coast Guard Foundation Inc's revenue in 2022 was $11,479,830.
Official website here: www.coastguardfoundation.org
Who are the executives of Coast Guard Foundation Inc and what are their salaries?
The average compensation at Coast Guard Foundation Inc during 2022 was $95,419. There are 23 employees and 100 volunteers at Coast Guard Foundation Inc.
Here are 81 key members and their salaries:
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Official website here: www.coastguardfoundation.org
Where can I find the form 990 for Coast Guard Foundation Inc?
Coast Guard Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coastguardfoundation.org
Learn more at the official website: www.coastguardfoundation.org
Mission Statement of Coast Guard Foundation Inc
The Coast Guard Foundation partners with the Coast Guard to provide resources that bolster resilience and strengthen the entire community. This nonprofit organization, known as Coast Guard Foundation Inc, carries out its mission through several avenues.
Firstly, Coast Guard Foundation Inc supports Coast Guard members by implementing morale-boosting projects, wellness programs, and community-building initiatives. They also offer education and workforce development assistance, as well as recognition programs to honor their service to America.
Secondly, the foundation empowers Coast Guard spouses by providing grants. These grants enable spouses to pursue college degrees or earn professional certifications, thereby enhancing their personal fulfillment and boosting the family's financial stability.
Lastly, Coast Guard Foundation Inc invests in Coast Guard children by offering scholarships that make higher education a reality. Additionally, they provide comprehensive educational support for those who have lost a Coast Guard parent in the line of duty during an operational mishap. Furthermore, the foundation assists Coast Guard families during times of tragedy. This assistance includes providing aid when a Coast Guard member is injured or dies in the line of duty or when a family member passes away. Additionally, they offer emergency relief during disasters when the family suffers significant losses.
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Impact
July, 2024
Coast Guard Foundation Inc partners with the Coast Guard to provide resources to members and families, building resilience and strengthening the entire community. They support Coast Guard members through various initiatives such as morale and wellness projects, education and workforce development assistance, and recognition programs. They empower Coast Guard spouses with grants for further education, invest in Coast Guard children with scholarships, and provide comprehensive support to children who have lost a Coast Guard parent in the line of duty. Additionally, they offer assistance to Coast Guard families during times of tragedy or significant loss. Through these efforts, Coast Guard Foundation Inc positively impacts the lives of Coast Guard members and their families by providing essential support and resources.
This information is meant to be a general summary of Coast Guard Foundation Inc. 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: $865,022
- Gross Receipts: $18,546,972
Assets and Liabilities:
- Total Assets: $21,004,105
- Total Liabilities: $3,140,254
- Net Assets: $17,863,851
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Organization Details
Founding Year
1986
Phone
(860) 535-0786Principal Officer
Susan Ludwig
Main Address
394 TAUGWONK ROAD, STONINGTON, CT, 063781807
Website
www.coastguardfoundation.orgNTEE Category
Code: W30I - Public benefit
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