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Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 046864764 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund?

The Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund is a charitable organization situated in Boston, Massachusetts, specifically at 160 Federal Street 20th. Its primary objective is to support the activities of the Lotte Scharfman Memorial Fund. This nonprofit organization's mission involves providing financial contributions to further the goals and initiatives of the memorial fund. The specifics of these activities are not detailed in the provided information.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

The Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund has received a low overall rating primarily due to deficiencies in transparency and governance policies. While the charity benefits from a fully independent board and has not diverted its assets, significant gaps exist in its disclosure practices, such as missing conflict of interest and whistleblower policies.

The organization demonstrates a solid program expense ratio of 62.45%, which indicates that a reasonable portion of its expenditures directly supports its mission. However, the lack of essential policies and missing information on its website raises concerns about accountability and communication with stakeholders.

Overall, while the charity shows strengths in certain governance aspects, its low score reflects the urgent need for improved transparency and adherence to best practices in nonprofit management. Without addressing these shortcomings, the organization's capacity to build trust and attract further support may be compromised.


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

Is Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund legitimate?

Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem 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: $11,651
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund?

The Nathalie & Theodore Jones Charitable Trust, functioning under the Lotte Scharfman Memorial Fund, is dedicated to supporting its related organization's activities. The primary objective of this charitable trust is to contribute to the mission of the Lotte E. Scharfman Memorial Fund. By doing so, it aims to facilitate and strengthen the initiatives undertaken by the Memorial Fund. The exact nature of these activities is not specified in the provided information.

Who is the CEO of Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund?

Charles F O'Connell is the Trustee of Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund.

What is the revenue of Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund?

Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund's revenue in 2022 was $60,499.

Who are the executives of Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund and what are their salaries?


Here are 2 key members and their salaries:


Bradley R Cook (Trustee)
  • Compensation: $8,738
  • Related: $0
  • Other: $0
Mary L Marshall (Trustee)
  • Compensation: $2,913
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund?

Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund

The Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund is an organization with a mission to support the activities of the Lotte Scharfman Memorial Fund. This mission is centered around providing contributions to this memorial fund, with the primary goal being to uphold and promote the ideals and values that Lotte Scharfman held dear. By supporting the Lotte Scharfman Memorial Fund, the Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund aims to honor and pay tribute to Lotte Scharfman's legacy, ensuring that her memory lives on through the fund's activities. The organization's role is pivotal in maintaining the continuity and growth of the Lotte Scharfman Memorial Fund, thereby contributing to its long-term impact and success.

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Impact




October, 2024

The Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem Fund plays a crucial role in supporting the activities of the Lotte Scharfman Memorial Fund. Through its contributions, the trust helps sustain and enhance the initiatives and programs associated with the fund, ensuring continued support for the legacy and vision embodied by Lotte Scharfman. This philanthropic effort is vital in preserving and promoting cultural, educational, or community-related causes that align with Scharfman's values. By focusing resources on this memorial fund, the trust effectively facilitates ongoing contributions to meaningful projects that enrich the community and support those in need.




This information is meant to be a general summary of Nathalie & Theodore Jones Charitable Trust F/B/O Lotte Scharfman Mem 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.

Revenue
$60,499 (2022)
Expenses
$63,423 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $60,355
  • Gross Receipts: $202,628

Assets and Liabilities:

  • Total Assets: $589,085
  • Total Liabilities: $0
  • Net Assets: $589,085

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Organization Details

Founding Year

1996

Principal Officer

Charles F O'Connell

Main Address

160 Federal Street 20th, Boston, MA, 02110

NTEE Category

Code: T11 - Philanthropy

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