Overview
What is Naacp Foundation?
The NAACP Foundation, situated in Baltimore, Maryland, serves as a crucial supporter of civil rights and social justice initiatives. Its primary role involves raising funds and fostering philanthropy, thereby providing essential backing for the NAACP's endeavors. The foundation's board oversees an endowment, ensuring vital resources for the NAACP's projects. Moreover, the foundation manages contributions to its scholarship fund, offering advanced educational opportunities to deserving students. By doing so, the NAACP Foundation plays a significant role in empowering future leaders and advancing civil rights.
Official website here: www.naacp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The NAACP Foundation has received an impressive rating of 97% from Charity Navigator, indicating a high level of accountability and financial health. This score is derived entirely from the Accountability & Finance beacon, showcasing the foundation's commitment to transparent and responsible financial practices. The organization has demonstrated excellence in various areas, including having a majority of independent board members and a well-structured oversight committee.
Among the strengths highlighted, the NAACP Foundation excels in maintaining low liabilities relative to its assets and allocating a significant portion of its budget towards program expenses. The foundation’s fundraising efficiency is notably high, with minimal costs incurred to raise funds, further solidifying its reputation for effective resource management.
However, while the data reflects strong governance and financial practices, it is essential for potential donors and supporters to remain informed about the organization's broader impact and ongoing initiatives. Overall, the NAACP Foundation appears to be a well-managed organization, promoting accountability in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Naacp Foundation legitimate?
Naacp Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Naacp 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:
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For more financial information, click here
Official website here: www.naacp.org
What is the mission statement of Naacp Foundation?
The Naacp Foundation supports civil rights and social justice initiatives by raising funds and promoting philanthropy. The foundation's board oversees an endowment, generating essential support for the NAACP's efforts. The foundation manages donor contributions to its scholarship fund, providing students with advanced educational opportunities. By doing so, the Naacp Foundation contributes to the pursuit of equal opportunities and advancement for individuals, furthering the cause of civil rights and social justice.
Official website here: www.naacp.org
Who is the CEO of Naacp Foundation?
Derrick Johnson is the Naacp Presid of Naacp Foundation.
Official website here: www.naacp.org
What is the revenue of Naacp Foundation?
Naacp Foundation's revenue in 2022 was $5,360,998.
Official website here: www.naacp.org
Who are the executives of Naacp Foundation and what are their salaries?
There 74 volunteers at Naacp Foundation.
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Official website here: www.naacp.org
Where can I find the form 990 for Naacp Foundation?
Naacp Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.naacp.org
Learn more at the official website: www.naacp.org
Mission Statement of Naacp Foundation
The NAACP Foundation plays a crucial role in supporting the civil rights and social justice work of the NAACP by raising funds and promoting philanthropy. The foundation's board oversees the organization's endowment, generating essential support for the NAACP's efforts. One of its significant contributions is managing donor contributions to the scholarship fund, providing students with advanced educational opportunities. By doing so, the NAACP Foundation empowers the next generation with the tools necessary to continue the fight for civil rights and social justice.
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Impact
July, 2024
The NAACP Foundation has a significant impact on supporting civil rights and social justice work by raising funds and promoting philanthropy. Through its management of donor contributions to the scholarship fund, the foundation provides students with advanced educational opportunities. Additionally, the foundation's oversight of the endowment generates crucial support for the NAACP's efforts in advocating for civil rights. The NAACP Foundation plays a vital role in advancing the mission of the NAACP and ensuring that future generations have access to educational resources and opportunities for social justice.
This information is meant to be a general summary of Naacp 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: -$761,733
- Gross Receipts: $6,284,276
Assets and Liabilities:
- Total Assets: $12,636,751
- Total Liabilities: $1,167,721
- Net Assets: $11,469,030
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Organization Details
Phone
(410) 580-5777Principal Officer
Derrick Johnson
Main Address
4805 MOUNT HOPE DRIVE, BALTIMORE, MD, 21215
Website
www.naacp.orgNTEE Category
Code: R22I - Civil rights
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