Overview
What is The Center For Effective Philanthropy Inc?
The Center for Effective Philanthropy (CEP) is a Cambridge, Massachusetts-based nonprofit organization dedicated to helping individual and institutional donors enhance their giving's impact. Through assessment and advisory services, research, the YouthTruth initiative, and programming, CEP aims to provide valuable data, feedback, and insights to improve donor effectiveness. In 2022, CEP conducted research on foundations' engagement with climate change and released reports on large, unrestricted gifts' impact on recipient organizations. With a team of 71 employees, CEP offers various services, including surveys, assessments, podcasts, and virtual events, to help donors collaborate and make informed decisions, ultimately contributing to a better world.
Official website here: www.cep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
The Center For Effective Philanthropy Inc has achieved a remarkable 100% rating from Charity Navigator, indicating exceptional overall performance and financial health. The rating reflects a strong emphasis on accountability and finance, boasting a perfect score in this area, which highlights the organization’s commitment to transparency and responsible management of funds. The organization has a fully independent board, ensuring unbiased governance and decision-making.
The organization also excels in its culture and community, with a score of 98%. Feedback from constituents is overwhelmingly positive, with perfect scores in feedback collection and usage, showcasing a strong commitment to incorporating stakeholder insights into their operations. This reflects a robust engagement strategy that prioritizes the voices of those they serve.
While the financial ratios indicate sound fiscal management and efficiency, there are minor limitations noted in their equity policies and processes, where they scored slightly lower. Overall, The Center For Effective Philanthropy Inc stands out as a highly rated nonprofit that effectively uses feedback to drive its mission and maintains exemplary financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Center For Effective Philanthropy Inc legitimate?
The Center For Effective Philanthropy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Center For Effective Philanthropy 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: $2,162,871
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,981,287
For more financial information, click here
Official website here: www.cep.org
What is the mission statement of The Center For Effective Philanthropy Inc?
The Center for Effective Philanthropy (CEP) is a non-profit organization dedicated to helping individual and institutional donors enhance their giving impact. They believe effective donors, working collaboratively and thoughtfully, have the power to significantly contribute to creating a better and more just world. CEP accomplishes its mission through assessment and advisory services, research, and various programs such as webinars, in-person events, and a blog.
In 2022, CEP conducted research on foundations' engagement with climate change and reported that while there are concerns about climate change among foundation leaders, efforts to address it are relatively limited and seen as ineffective. Another research study focused on the impact of large, unrestricted gifts, specifically tracking the effect of Mackenzie Scott's giving on recipient organizations.
CEP delivered 126 assessment and advisory engagements to foundations and grantmakers in 2022, including the Grantee Perception Report (GPR), Applicant Perception Report (APR), Staff Perception Report (SPR), Donor Perception Report (DPR), and custom advisory projects. These assessments help funders improve their effectiveness by gaining insights from crucial constituencies.
CEP continued its work on the YouthTruth project, gathering feedback from hundreds of thousands of students, families, and staff about their school experiences and creating online interactive reports for school and district administrators. In 2022, they produced a third season of the Giving Done Right podcast and hosted virtual events on topics related to CEP research, which were widely attended and continue to be a valuable resource in the sector. CEP staff expanded the organization's reach through biweekly blogs, a monthly newsletter, commentary in mainstream and industry press, and social media channels.
Official website here: www.cep.org
Who is the CEO of The Center For Effective Philanthropy Inc?
Phillip Buchanan is the President of The Center For Effective Philanthropy Inc.
Official website here: www.cep.org
What is the revenue of The Center For Effective Philanthropy Inc?
The Center For Effective Philanthropy Inc's revenue in 2022 was $13,719,145.
Official website here: www.cep.org
Who are the executives of The Center For Effective Philanthropy Inc and what are their salaries?
The average compensation at The Center For Effective Philanthropy Inc during 2022 was $114,706. There are 71 employees and 10 volunteers at The Center For Effective Philanthropy Inc.
Here are 23 key members and their salaries:
- Compensation: $555,960
- Related: $0
- Other: $75,867
- Compensation: $277,098
- Related: $0
- Other: $18,054
- Compensation: $218,178
- Related: $0
- Other: $56,396
- Compensation: $196,114
- Related: $0
- Other: $58,586
- Compensation: $189,874
- Related: $0
- Other: $52,934
- Compensation: $192,206
- Related: $0
- Other: $46,234
- Compensation: $181,360
- Related: $0
- Other: $43,414
- Compensation: $189,360
- Related: $0
- Other: $31,427
- Compensation: $153,995
- Related: $0
- Other: $49,031
- Compensation: $168,571
- Related: $0
- Other: $27,329
- Compensation: $172,541
- Related: $0
- Other: $17,456
- Compensation: $140,374
- Related: $0
- Other: $27,786
- Compensation: $96,869
- Related: $0
- Other: $17,776
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cep.org
Where can I find the form 990 for The Center For Effective Philanthropy Inc?
The Center For Effective Philanthropy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cep.org
Learn more at the official website: www.cep.org
Mission Statement of The Center For Effective Philanthropy Inc
The Center for Effective Philanthropy (CEP) is a leading organization dedicated to providing data, feedback, programs, and insights to help individual and institutional donors enhance their giving's impact. The team at CEP strongly believes that effective donors, collaborating and making thoughtful decisions, possess the potential to significantly contribute to creating a better and more just world.
CEP executes its mission through various means, including assessment and advisory services, research, the YouthTruth initiative, and programming and external relations activities such as webinars and in-person programs, and their blog. In 2022, CEP conducted research on how foundations engage with climate change, revealing that despite foundation leaders' concerns about climate change, foundation efforts to address the issue are relatively limited in terms of grant dollars and investment practices and are perceived as ineffective. Another research study from the same year focused on the impact of large, unrestricted gifts, analyzing the effect of Mackenzie Scott's giving on recipient organizations. The first report in this three-year study, "Giving Big: The Impact of Large, Unrestricted Gifts on Nonprofits," was released in late 2022, discussing the impact of the gifts and how the money is being spent by recipient organizations.
In 2022, CEP delivered 126 assessment and advisory engagement services to foundations and grantmakers, including the Grantee Perception Report (GPR), Applicant Perception Report (APR), Staff Perception Report (SPR), Donor Perception Report (DPR), and custom advisory projects. These assessments help funders hear from crucial constituencies and improve their effectiveness. CEP continued its work on the YouthTruth project, gathering comparative feedback from hundreds of thousands of students, families, and staff about their school experiences, creating online interactive reports for school and district administrators, and providing follow-up advisory support. In 2022, YouthTruth fielded 2,700 surveys across more than 1,100 schools and shared findings from its aggregate dataset on a range of key topics, such as seniors' postsecondary plans and students' emotional and mental health. CEP produced a third season of the "Giving Done Right" podcast, which saw the greatest number of downloads yet, and hosted virtual events on topics related to CEP research that were widely attended and continue to be a resource in the sector. Staff engaged CEP's audience and expanded the organization's reach through biweekly blogs, a monthly newsletter, commentary in mainstream and industry press, and social media channels.
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Impact
October, 2024
The Center for Effective Philanthropy (CEP) significantly enhances the effectiveness of individual and institutional donors by providing crucial data, feedback, and insights. Through its assessment and advisory services, including the Grantee Perception Report and the Applicant Perception Report, CEP enables foundations and grantmakers to gain essential perspectives from key constituencies, thus improving their decision-making and impact.
In 2022, CEP's research on climate change indicated that, despite foundation leaders' concerns, efforts to address the issue were limited, calling attention to a gap between awareness and action in philanthropy. CEP also embarked on a three-year study examining the effects of large, unrestricted gifts, such as those made by MacKenzie Scott, providing insights into how these contributions are utilized by recipient organizations.
CEP's YouthTruth initiative plays a pivotal role by gathering feedback from students, families, and staff, assessing school experiences and sharing actionable insights with educators. With over 2,700 surveys conducted in 2022 across more than 1,100 schools, this project has produced valuable data on students' emotional well-being and postsecondary plans.
Additionally, CEP fosters dialogue and knowledge sharing within the philanthropic community through webinars, an impactful podcast, and regular commentary in various media. By continually expanding access to research and resources, CEP cultivates a collaborative environment for donors, enabling them to play a more effective role in creating a just and equitable world.
This information is meant to be a general summary of The Center For Effective Philanthropy 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: $157,436
- Program Service Revenue: $6,899,181
- Gross Receipts: $16,061,494
Assets and Liabilities:
- Total Assets: $22,093,437
- Total Liabilities: $4,329,027
- Net Assets: $17,764,410
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT AND ADVISORY SERVICES
Revenue
$4,452,579
YOUTHTRUTH
Revenue
$2,423,868
SPEAKING ENGAGEMENT FEES
Revenue
$22,734
Organization Details
Founding Year
2000
Phone
(617) 492-0800Principal Officer
Phillip Buchanan
Main Address
675 MASSACHUSETTS AVENUE 7, CAMBRIDGE, MA, 02139
Website
www.cep.orgNTEE Category
Code: T02 - Philanthropy
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