Overview
What is The Silver Shield Foundation Inc?
The Silver Shield Foundation Inc, based in New York City, is a compassionate nonprofit organization that provides educational support to the families of fallen police officers, firefighters, and emergency medical service personnel who tragically lost their lives in the line of duty. This includes the NYC Police, Fire & EMS Departments, NY/NJ Port Authority Police Department, NY, NJ, and CT State Police, as well as all police departments on Long Island and in Connecticut. Their mission is to help the surviving children and spouses of these brave individuals continue their education, ensuring that their loved ones' sacrifices do not go unrecognized. With a small team of just two dedicated employees, The Silver Shield Foundation Inc is committed to honoring the memories of these heroes by supporting their families during a difficult time.
Official website here: www.silvershieldfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Silver Shield Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization's score is exclusively derived from its Accountability & Finance metrics, where it scored a perfect 100%. This reflects the foundation's commitment to transparency and effective management of its resources.
Key strengths of the Silver Shield Foundation include its fully independent board, with all 16 members free of conflicts of interest. The charity also demonstrates strong financial practices, with a program expense ratio of 79.63%, indicating that the majority of its funds are allocated directly to its programs. Additionally, the organization has comprehensive policies in place, such as conflict of interest and whistleblower policies, which further bolster its governance and operational integrity.
There are no significant limitations noted in the available data; the charity appears to operate with a sound financial structure and robust oversight. Overall, the Silver Shield Foundation Inc stands out as an exemplary nonprofit, reflecting a strong commitment to ethical practices and effective use of donations.
This AI summary has been generated from information found on Charity Navigator.
Is The Silver Shield Foundation Inc legitimate?
The Silver Shield Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Silver Shield Foundation 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: $109,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,040
For more financial information, click here
Official website here: www.silvershieldfoundation.org
What is the mission statement of The Silver Shield Foundation Inc?
The Silver Shield Foundation Inc's mission is centered around providing educational support for the surviving children and spouses of uniformed members from various law enforcement agencies who have tragically lost their lives in the line of duty. The organization aims to alleviate the financial burden of education for these families, ensuring that the children and spouses of these fallen heroes can continue their academic journeys uninterrupted. Through scholarships and educational support, The Silver Shield Foundation Inc seeks to honor the sacrifices made by these heroes and help their loved ones maintain a sense of stability and normalcy amidst their grief.
Official website here: www.silvershieldfoundation.org
Who is the CEO of The Silver Shield Foundation Inc?
William G Walters is the Chief Operating Officer of The Silver Shield Foundation Inc.
Official website here: www.silvershieldfoundation.org
What is the revenue of The Silver Shield Foundation Inc?
The Silver Shield Foundation Inc's revenue in 2022 was $713,326.
Official website here: www.silvershieldfoundation.org
Who are the executives of The Silver Shield Foundation Inc and what are their salaries?
The average compensation at The Silver Shield Foundation Inc during 2022 was $79,020. There are 2 employees and 30 volunteers at The Silver Shield Foundation Inc.
Here are 18 key members and their salaries:
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Official website here: www.silvershieldfoundation.org
Where can I find the form 990 for The Silver Shield Foundation Inc?
The Silver Shield Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.silvershieldfoundation.org
Learn more at the official website: www.silvershieldfoundation.org
Mission Statement of The Silver Shield Foundation Inc
The Silver Shield Foundation Inc is committed to providing educational support for the surviving children and spouses of uniformed members from various law enforcement departments in New York City, New Jersey, Connecticut, and Long Island, who have tragically lost their lives in the line of duty. This nonprofit organization's mission is to offer scholastic assistance and resources to these bereaved families, ensuring that the legacies of their loved ones live on through their educational pursuits. By providing scholarships and educational aid, The Silver Shield Foundation Inc plays a crucial role in supporting the academic futures of the families left behind, offering them a brighter tomorrow amidst their profound loss.
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Impact
August, 2024
The Silver Shield Foundation Inc provides educational support for the surviving children and spouses of uniformed members of various law enforcement and emergency services departments who have lost their lives in the line of duty. They offer scholarships and educational assistance to help these families cope with the financial burden of their loss and ensure that the children can pursue their educational goals. This support has a profound impact on the lives of those left behind, offering them the opportunity to continue their education and build a better future despite the tragedy they have experienced.
This information is meant to be a general summary of The Silver Shield Foundation 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 2022.
- Investment Income: $29,891
- Gross Receipts: $6,915,177
Assets and Liabilities:
- Total Assets: $4,835,859
- Total Liabilities: $14,733
- Net Assets: $4,821,126
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Organization Details
Founding Year
1982
Principal Officer
William G Walters
Main Address
870 UNITED NATIONS PLAZA, NEW YORK, NY, 10017
NTEE Category
Code: I11 - Crime
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