Overview
What is Episcopal Church Foundation?
The Episcopal Church Foundation, based in New York, is a nonprofit organization that specializes in empowering church leaders. By offering comprehensive resources, including publications, web-based tools, educational events, and leadership training, they help lay and ordained leaders strengthen and grow their congregations. ECF also collaborates with seminaries and other leadership formation institutions to enhance leadership capacity. Their consulting services aid congregations and dioceses in making strategic decisions in a spiritually grounded manner. Furthermore, through the Fellowship Partners program, they support Episcopal scholars and individuals engaged in transformative grass-roots ministries. ECF's mission is to assist Episcopal groups in developing leadership and financial resources for their ministries.
Official website here: www.episcopalfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Episcopal Church Foundation has earned an 81% rating from Charity Navigator, which reflects a strong performance primarily in accountability and finance. The organization demonstrates exemplary governance practices, with a fully independent board and comprehensive financial oversight mechanisms in place. Their commitment to transparency is highlighted by adherence to conflict of interest policies and the availability of board meeting minutes.
Strengths of the foundation include a high program expense ratio of 79.61%, indicating that a significant portion of their funding is directed toward their mission and programs. Additionally, the absence of material diversion of assets shows solid operational integrity. The foundation has clearly outlined its policies and practices, contributing to its favorable rating in accountability.
However, the foundation faces a challenge with a liabilities to assets ratio of 91.16%, which could raise concerns about financial sustainability in the long term. While their governance and programmatic investments are commendable, attention to managing liabilities may be necessary to ensure ongoing operational viability.
This AI summary has been generated from information found on Charity Navigator.
Is Episcopal Church Foundation legitimate?
Episcopal Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Episcopal Church 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $529,790
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,551,465
For more financial information, click here
Official website here: www.episcopalfoundation.org
What is the mission statement of Episcopal Church Foundation?
The Episcopal Church Foundation, an independent and lay-led organization, is committed to aiding Episcopal congregations and groups in enhancing their leadership and financial resources for ministry. The foundation offers various practical, innovative, and spiritually-guided programs, services, and resources, such as endowment management, planned giving support, leadership development, and collaborative projects, to address the evolving needs of the Episcopal Church.
Official website here: www.episcopalfoundation.org
Who is the CEO of Episcopal Church Foundation?
Donald V Romanik is the Principal Officer of Episcopal Church Foundation.
Official website here: www.episcopalfoundation.org
What is the revenue of Episcopal Church Foundation?
Episcopal Church Foundation's revenue in 2022 was $5,109,956.
Official website here: www.episcopalfoundation.org
Who are the executives of Episcopal Church Foundation and what are their salaries?
The average compensation at Episcopal Church Foundation during 2022 was $90,489. There are 23 employees and 19 volunteers at Episcopal Church Foundation.
Here are 24 key members and their salaries:
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- Other: $9,270
Official website here: www.episcopalfoundation.org
Where can I find the form 990 for Episcopal Church Foundation?
Episcopal Church Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.episcopalfoundation.org
Learn more at the official website: www.episcopalfoundation.org
Mission Statement of Episcopal Church Foundation
The Episcopal Church Foundation, an autonomous, lay-led organization, is dedicated to aiding Episcopal congregations and groups in their pursuit of leadership and financial resources for their ministries. This nonprofit entity offers a range of practical, innovative, and spiritually-grounded programs, products, and services. These include endowment management services, assistance with planned giving and annual stewardship, leadership resource development, fellowship partnerships, and web-based resources and publications. The Episcopal Church Foundation is also actively engaged in various collaborative projects and partnerships, striving to provide innovative solutions to meet the evolving needs of the Episcopal Church.
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Impact
July, 2024
Episcopal Church Foundation empowers lay and ordained leaders within the Episcopal Church with the necessary tools to strengthen and grow their congregations. Through comprehensive visioning, training, and information resources, ECF equips church leaders to lead effectively, emphasizing the development of leadership capacity at the congregational level. ECF's consulting services also assist congregations and dioceses in making strategic decisions in a practical and spiritually grounded manner. Additionally, ECF supports Episcopal scholars pursuing advanced academic degrees and individuals involved in transformational ministries at the grass-roots level through its Fellowship Partners program. This organization's impact is felt in helping Episcopal groups develop leadership and raise financial resources for ministry, ultimately supporting the growth and sustainability of the Episcopal Church.
This information is meant to be a general summary of Episcopal Church Foundation. 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: $3,045,311
- Program Service Revenue: $1,329,392
- Gross Receipts: $11,619,596
Assets and Liabilities:
- Total Assets: $560,704,500
- Total Liabilities: $511,180,605
- Net Assets: $49,523,895
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees for services
Revenue
$1,304,918
Publication fees
Revenue
$24,474
Organization Details
Founding Year
1949
Phone
(800) 697-2858Principal Officer
Donald V Romanik
Main Address
475 Riverside Drive 750, New York, NY, 10115
Website
www.episcopalfoundation.orgNTEE Category
Code: X110 - Religion related
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