Overview
What is Fiduciary Charitable Foundation?
Fiduciary Charitable Foundation, operating as Fiduciary Trust Charitable, is a Boston-based charitable trust organization dedicated to facilitating donations to various 501(C)(3) charities. They accept and liquidate marketable securities, distributing the proceeds as grants according to the donor's instructions. Additionally, they sponsor and administer Donor Advised Funds. In essence, Fiduciary Trust Charitable serves as a bridge between donors and their desired charitable recipients, streamlining the charitable giving process.
Official website here: www.ftcharitable.org
Is Fiduciary Charitable Foundation legitimate?
Fiduciary Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fiduciary Charitable 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,311
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What is the mission statement of Fiduciary Charitable Foundation?
The Fiduciary Charitable Foundation, also known as Fiduciary Trust Charitable, serves as a trust organization dedicated to facilitating charitable giving. By accepting marketable securities and liquidating the assets, the foundation distributes the proceeds as grants to numerous 501(c)(3) charitable organizations, adhering to the donor's instructions accompanying the gift. Additionally, the organization sponsors and administers donor-advised funds. The primary mission is to act as a trusted intermediary, enabling individuals to make a significant impact on various charitable causes.
Official website here: www.ftcharitable.org
Who is the CEO of Fiduciary Charitable Foundation?
Todd Eckler is the President/Executive Direct of Fiduciary Charitable Foundation.
Official website here: www.ftcharitable.org
What is the revenue of Fiduciary Charitable Foundation?
Fiduciary Charitable Foundation's revenue in 2022 was $36,442,800.
Official website here: www.ftcharitable.org
Who are the executives of Fiduciary Charitable Foundation and what are their salaries?
- Peter Brown (Trustee)
- Emily Mccann (Trustee)
- Doug Marshall (Trustee)
- Todd Eckler (President/Executive Direct)
- Adam Thompson (Cfo)
Official website here: www.ftcharitable.org
Where can I find the form 990 for Fiduciary Charitable Foundation?
The Fiduciary Charitable Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ftcharitable.org
Learn more at the official website: www.ftcharitable.org
Mission Statement of Fiduciary Charitable Foundation
Fiduciary Charitable Foundation, also known as Fiduciary Trust Charitable, is a charitable trust dedicated to facilitating charitable giving. This organization plays a unique role in the philanthropic world, accepting marketable securities and liquidating the assets to dispense the proceeds as grants to various 501(c)(3) charitable organizations. The donor's instructions are carefully considered when making these grants.
In essence, Fiduciary Charitable Foundation serves as a bridge between donors and their chosen charities. Donors benefit from the ease and flexibility of donating their securities directly to the foundation, while charities receive the funds they need to carry out their missions. By facilitating this process, the foundation enables more effective and tax-efficient charitable giving.
Moreover, Fiduciary Charitable Foundation offers an additional service by sponsoring and administering donor-advised funds. Donor-advised funds allow donors to make charitable contributions, receive an immediate tax deduction, and then recommend grants to their preferred charities over time. This feature provides donors with the ability to make thoughtful, strategic charitable decisions and support multiple charities over the course of their lifetime.
In summary, Fiduciary Charitable Foundation is a charitable trust that simplifies and enhances charitable giving by accepting and liquidating marketable securities, and managing donor-advised funds on behalf of donors. This mission enables donors to make charitable contributions efficiently, effectively, and in line with their philanthropic objectives.
Impact
This information is meant to be a general summary of Fiduciary Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Fiduciary Charitable Foundation has a significant impact on the philanthropic landscape by facilitating charitable giving through marketable securities. By accepting and liquidating these assets, the organization distributes the proceeds as grants to various designated charities, as per the donor's instructions. Additionally, Fiduciary Charitable Foundation sponsors and administers donor-advised funds, empowering donors to support causes they are passionate about. This approach fosters a culture of giving and enables donors to make a meaningful impact on charitable organizations nationwide.
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.
- Assets and Liabilities:
Organization Details
Founding Year
1990
Phone
(617) 292-6766
Principal Officer
Todd Eckler
Main Address
CO FIDUCIARY TRUST CO PO BOX 558, BOSTON, MA, 022055806
Website
www.ftcharitable.org
NTEE Category
Code: T21Z - Philanthropy
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