Overview
What is The Giving Back Fund?
The Giving Back Fund is a national non-profit organization with a global reach, headquartered in Boston, Massachusetts. With over 250 years of combined expertise, their team of philanthropy professionals assists clients in creating foundations and fiscal sponsored projects worldwide. Their clientele comprises athletes, entertainers, business entrepreneurs, corporations, and more, all sharing a common goal of making the world a better place. The organization facilitates philanthropic giving through consulting, management, and administrative services, akin to a community foundation. To date, they have established over 750 individual foundations and projects across the globe. The Giving Back Fund's mission is to enhance lives by increasing the number of people and resources dedicated to charitable giving. They have made significant impacts through initiatives such as delivering over 2 million groceries to immunocompromised elderly in New York City during the COVID-19 pandemic, rescuing young girls and women during the Ukraine war, and uniting 6,000 young people in 70 countries to tackle various social issues like anti-human trafficking, climate change, impact investing, and more.
Official website here: www.givingback.org
What are the reviews and ratings of this charity?
93% - This charity's score is impressive, earning it a Four-Star out of Four Star rating from Charity Navigator. This rating reflects strong accountability and financial management, with a particular emphasis on the organization’s independent board structure and the absence of any material diversion of assets. The scores indicate effective fiscal practices, with a high program expense ratio of nearly 92%, and excellent fundraising efficiency.
In addition to fiscal health, The Giving Back Fund demonstrates a significant commitment to culture and community, achieving a score of 98%. The feedback from constituents indicates a robust engagement strategy, with perfect ratings in feedback collection, usage, and practices. This suggests that the organization not only values the insights of those they serve but actively incorporates them into their operations.
User feedback on platforms like Great Nonprofits further supports the organization's reputation. A client served noted the professionalism in managing charitable efforts, emphasizing the importance of reputation and effective management. Overall, while there are no noted limitations in the available data, the organization appears to maintain a strong standing both financially and in community engagement.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Giving Back Fund legitimate?
The Giving Back Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Giving Back 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,662,371
For more financial information, click here
Official website here: www.givingback.org
What is the mission statement of The Giving Back Fund?
The Giving Back Fund is a non-profit organization that facilitates philanthropic giving by providing consulting, management, and administrative services. Their mission is to expand the number of people and resources dedicated to making a positive difference in the world. Through their efforts, they have helped create over 750 foundations and sponsored projects globally. The organization's team of philanthropy professionals has more than 250 years of combined expertise. The Giving Back Fund has made significant impacts in various areas, such as delivering groceries to immunocompromised elderly during the COVID-19 pandemic, rescuing young girls and women during the Ukraine war, and bringing together young people from around the world to address issues like anti-human trafficking, climate change, and impact investing.
Official website here: www.givingback.org
What is the revenue of The Giving Back Fund?
The Giving Back Fund's revenue in 2023 was $31,576,186.
Official website here: www.givingback.org
Who are the executives of The Giving Back Fund and what are their salaries?
The average compensation at The Giving Back Fund during 2023 was $84,330.
Here are 6 key members and their salaries:
- Compensation: $287,171
- Related: $0
- Other: $0
- Compensation: $250,000
- Related: $0
- Other: $0
- Compensation: $225,000
- Related: $0
- Other: $0
- Compensation: $186,477
- Related: $0
- Other: $0
- Compensation: $175,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.givingback.org
Where can I find the form 990 for The Giving Back Fund?
The Giving Back Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.givingback.org
Learn more at the official website: www.givingback.org
Mission Statement of The Giving Back Fund
The Giving Back Fund, a renowned national non-profit organization, is dedicated to facilitating philanthropic giving by offering consulting, management, and administrative services under a community foundation governance structure. With over 250 years of combined world-class expertise, the team of philanthropy professionals at The Giving Back Fund has helped establish over 750 individual foundations and fiscally sponsored projects globally. This esteemed organization caters to a diverse clientele, including athletes, entertainers, business entrepreneurs, corporations, and others, all united by a shared goal to make a positive impact on the world.
The Giving Back Fund's mission is geared towards enhancing lives by increasing the number of individuals and resources committed to charitable giving. Through their extensive expertise and resources, they have executed various impactful initiatives. For instance, during the COVID-19 pandemic, Invisible Hands, a program under The Giving Back Fund, delivered more than 2 million deliveries of groceries to immunocompromised elderly residents in New York City, utilizing 12,000 volunteers. Furthermore, The Giving Back Fund's Voice initiative played a pivotal role in rescuing and providing critical relief to young girls and women during the Ukraine war with Russia. Additionally, Nexus, another program under The Giving Back Fund, has grown to encompass 6,000 young people in 70 countries, representing a combined net worth of $750 billion, coming together to bring about transformative change in various areas such as anti-human trafficking, climate change, impact investing, and storytelling, among others.
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Impact
October, 2024
The Giving Back Fund significantly impacts communities by facilitating philanthropic efforts across various sectors. Their initiatives include delivering over 2 million grocery deliveries to immunocompromised elderly individuals in New York City during the COVID-19 pandemic, mobilizing 12,000 volunteers to ensure essential services reached those in need.
In response to the humanitarian crisis caused by the Ukraine war, The Giving Back Fund has actively worked in Ukraine and Poland to rescue and provide critical assistance to young girls and women affected by the conflict. This powerful intervention underscores their commitment to life-saving measures in times of dire need.
In addition, The Giving Back Fund has fostered a global network of young leaders through its Nexus initiative, which has grown to include 6,000 young people from 70 countries, collectively representing a net worth of $750 billion. This diverse group focuses on pressing issues such as anti-human trafficking, climate change, and advocating for indigenous populations, highlighting the Fund's role in inspiring and mobilizing resources for impactful change.
Overall, The Giving Back Fund enhances the landscape of philanthropy by empowering individuals and organizations to contribute to a better world, expanding the reach and effectiveness of charitable giving on a global scale.
This information is meant to be a general summary of The Giving Back 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 2023.
- Investment Income: $106,049
- Program Service Revenue: $715,145
- Gross Receipts: $31,576,186
Assets and Liabilities:
- Total Assets: $13,827,776
- Total Liabilities: $1,378,500
- Net Assets: $12,449,276
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$715,145
Organization Details
Founding Year
1997
Principal Officer
Craig Szabo
Website
www.givingback.orgNTEE Category
Code: T700 - Philanthropy
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