Overview
What is Chaim Weiss Charitable Fund Inc?
Chaim Weiss Charitable Fund Inc is a public foundation based in New York, NY, dedicated to addressing food insecurity and supporting the needy. They accomplish this mission by matching resources and distributing funds through various programs. Furthermore, they collaborate with other 501(c)3 organizations to amplify their impact. As a nonprofit, the Chaim Weiss Charitable Fund Inc actively works within New York to alleviate hardships and improve the lives of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall Score: 73%, Two-Star out of Four Star rating
The Chaim Weiss Charitable Fund Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in various operational areas. The overall score of 73% reflects strengths in board independence and financial management, with a perfect score in aspects like the majority of independent board members and the liabilities to assets ratio. The charity also has a high program expense ratio of 93.34%, suggesting a strong commitment to funding its programs.
However, several critical policies and disclosures are missing, which have impacted the charity's transparency and governance scores. Specifically, the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy raises concerns about the organization's accountability practices. Additionally, the charity has not provided its tax form on its website, which detracts from its overall score.
While the Chaim Weiss Charitable Fund demonstrates financial responsibility and a focus on its mission, addressing these governance and transparency gaps is essential to enhance its credibility and foster donor trust in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Chaim Weiss Charitable Fund Inc legitimate?
Chaim Weiss Charitable Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chaim Weiss Charitable Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Chaim Weiss Charitable Fund Inc?
The Chaim Weiss Charitable Fund is dedicated to assisting individuals in need by matching and distributing food and financial resources. Through various programs, the organization collaborates with other 501(c)3 organizations to provide aid. By serving as a public foundation, the Chaim Weiss Charitable Fund supports its mission to help those in need without specifying a particular location.
What is the revenue of Chaim Weiss Charitable Fund Inc?
Chaim Weiss Charitable Fund Inc's revenue in 2023 was $17,631.
Who are the executives of Chaim Weiss Charitable Fund Inc and what are their salaries?
There 3 volunteers at Chaim Weiss Charitable Fund Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Chaim Weiss Charitable Fund Inc?
Chaim Weiss Charitable Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Chaim Weiss Charitable Fund Inc
Chaim Weiss Charitable Fund Inc is an organization dedicated to alleviating the struggles of those in need. Its mission encompasses two primary activities: matchmaking and food distribution, along with providing financial aid. The fund achieves this by partnering with various other 501(c)3 organizations. By doing so, it amplifies its reach and impact, ensuring that assistance reaches those who require it most. In essence, the Chaim Weiss Charitable Fund Inc serves as a bridge between resources and individuals in need, working tirelessly to make a difference in people's lives.
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Impact
August, 2024
The Chaim Weiss Charitable Fund Inc's impact is significant in the areas of matchmaking, food distribution, and providing funds to those in need. Through its various programs and partnerships with other organizations, the fund plays a crucial role in supporting the less fortunate in New York, NY. The organization's mission to match and distribute food and funds to the needy demonstrates their commitment to philanthropy and helping those in need in the community.
This information is meant to be a general summary of Chaim Weiss Charitable Fund 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 2023.
- Investment Income: $201
- Gross Receipts: $17,631
Assets and Liabilities:
- Total Assets: $59,035
- Total Liabilities: $0
- Net Assets: $59,035
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Organization Details
Founding Year
1989
Principal Officer
Joseph Goldburd
NTEE Category
Code: T30J - Philanthropy
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