Overview
What is The Wartburg Foundation?
The Wartburg Foundation serves as the fundraising arm for the Wartburg Adult Care Community, a Lutheran social ministry that has been supporting individuals of all faiths since 1866. This nonprofit organization's primary mission is to manage the Wartburg Endowment Funds, generate income through various means such as testamentary gifts, annual fund solicitations, and grant requests, and then distribute these funds to programs within the Wartburg Adult Care Community, as well as other Lutheran ministries or deserving charities focused on assisting older adults. The Wartburg Foundation's activities are geared towards supporting tax-exempt organizations with charitable, educational, religious, scientific, and/or literary purposes.
Official website here: www.thewartburgfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Wartburg Foundation has achieved a perfect 100% score from Charity Navigator, reflecting exceptional performance in accountability and finance. This rating indicates a strong commitment to transparency and responsible financial management, which is significant for potential donors looking for trustworthy nonprofits.
Key strengths of the organization include a fully independent board of directors and robust oversight measures such as a dedicated Audit and Oversight Committee. The foundation has no reported material diversions of assets and maintains comprehensive policies for conflict of interest, whistleblowing, and document retention. Additionally, high program expense ratios suggest that a substantial portion of their resources is directed towards fulfilling their mission.
While the organization demonstrates outstanding financial practices and governance, the summary does not provide much insight into the actual programs and services offered by the foundation, which could help assess the impact of their work. Overall, The Wartburg Foundation stands out for its financial integrity and governance standards.
This AI summary has been generated from information found on Charity Navigator.
Is The Wartburg Foundation legitimate?
The Wartburg Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wartburg 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thewartburgfoundation.org
What is the mission statement of The Wartburg Foundation?
The Wartburg Foundation serves as the fundraising arm for the Wartburg Adult Care Community, a Lutheran social ministry that has been serving individuals of all faiths since 1866. The foundation's mission is to manage the Wartburg Endowment Funds, generate income through bequests, annual fund solicitations, and grant requests, and subsequently distribute these funds to programs within the Wartburg Adult Care Community, other Lutheran ministries, or deserving charities that aim to enhance the lives of older adults with dignity. The foundation supports tax-exempt organizations for charitable, educational, religious, scientific, and literary purposes through grants and activities.
Official website here: www.thewartburgfoundation.org
Who is the CEO of The Wartburg Foundation?
David Gentner is the Director of The Wartburg Foundation. The CEO's salary of The Wartburg Foundation is $0 and their total compensation is $422,222.
Official website here: www.thewartburgfoundation.org
What is the revenue of The Wartburg Foundation?
The Wartburg Foundation's revenue in 2022 was $970,481.
Official website here: www.thewartburgfoundation.org
Who are the executives of The Wartburg Foundation and what are their salaries?
Here are 10 key members and their salaries (The Wartburg Foundation's CEO's salary is $0 and their total compensation is $422,222):
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- Compensation: $0
- Related: $422,222
- Other: $0
- Compensation: $0
- Related: $238,994
- Other: $0
Official website here: www.thewartburgfoundation.org
Where can I find the form 990 for The Wartburg Foundation?
The Wartburg Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thewartburgfoundation.org
Learn more at the official website: www.thewartburgfoundation.org
Mission Statement of The Wartburg Foundation
The Wartburg Foundation, serving as the fundraising arm of the Wartburg Adult Care Community, a Lutheran social ministry that has been operational since 1866, holds a mission to manage the Wartburg Endowment Funds effectively. This mission involves generating income through various means such as testamentary gifts, annual fund solicitations, and grant requests. By doing so, the foundation aims to allocate these funds to programs within the Wartburg Adult Care Community or other deserving charitable organizations that share the same goal of helping older adults live with dignity. The Wartburg Foundation's mission is primarily focused on stewardship and grant-giving for causes related to charitable, educational, religious, scientific, and literary purposes.
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Impact
October, 2024
The Wartburg Foundation plays a pivotal role in enhancing the quality of life for older adults by generating vital financial support for the Wartburg Adult Care Community and other charitable organizations. Since its inception, the foundation has been dedicated to stewarding endowment funds that ensure continuity of care and services for individuals across various faiths. By securing income through testamentary gifts, annual fundraising campaigns, and grant requests, the foundation actively invests in programs that promote dignity and respect for seniors.
The impact of The Wartburg Foundation is multifaceted. It not only supports the specific needs of the Wartburg Adult Care Community but also extends its resources to other Lutheran ministries and deserving charities. This outreach reflects a commitment to fostering a supportive environment where older adults can thrive, engage in meaningful activities, and receive compassionate care. Overall, The Wartburg Foundation stands as a beacon of hope, demonstrating the crucial role of philanthropy in advancing the welfare of vulnerable populations.
This information is meant to be a general summary of The Wartburg 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: $807,865
- Gross Receipts: $3,506,670
Assets and Liabilities:
- Total Assets: $20,663,040
- Total Liabilities: $9,048,142
- Net Assets: $11,614,898
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Organization Details
Founding Year
1991
Phone
(914) 513-5308Principal Officer
David Gentner
Main Address
WARTBURG PLACE, MOUNT VERNON, NY, 10552
NTEE Category
Code: L22Z - Housing
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