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Foundation For The Episcopal Church At Cornell

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161500445 ✦ Ithaca, NY ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For The Episcopal Church At Cornell?

The Foundation for the Episcopal Church at Cornell is a nonprofit organization committed to supporting the Episcopal Church at Cornell. It carries out this mission by making regular financial contributions to the church and owning the chaplain's residence for its benefit. This residence serves as a valuable asset that enhances the church's operations and overall functioning.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

The Foundation For The Episcopal Church At Cornell has received a 73% rating from Charity Navigator, indicating a moderate level of performance in terms of accountability and finance. This rating reflects strong governance practices, with a fully independent board and no material diversion of assets, signaling a commitment to transparency and ethical management.

The organization excels in its program expense ratio, dedicating 96.05% of its expenses to programs, which showcases its focus on mission-related activities. However, while the foundation meets several accountability measures, it has shortcomings in its transparency practices, notably missing essential documents such as tax form disclosures, conflict of interest policy, and other governance policies on its website.

Overall, while the foundation demonstrates commendable financial health and operational integrity, there is room for improvement in its transparency and disclosure practices to enhance stakeholder trust and engagement.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation For The Episcopal Church At Cornell legitimate?

Foundation For The Episcopal Church At Cornell is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The Episcopal Church At Cornell 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

What is the mission statement of Foundation For The Episcopal Church At Cornell?

The Foundation for the Episcopal Church at Cornell's mission is centered around supporting the Episcopal Church at Cornell. The foundation accomplishes this by making consistent financial contributions to the church and owning the chaplain's residence, which is utilized for the church's benefit. In essence, the foundation's role is to strengthen and sustain the Episcopal Church at Cornell.

Who is the CEO of Foundation For The Episcopal Church At Cornell?

Michael Roman is the Secretary of Foundation For The Episcopal Church At Cornell.

What is the revenue of Foundation For The Episcopal Church At Cornell?

Foundation For The Episcopal Church At Cornell's revenue in 2022 was -$134,170.

Who are the executives of Foundation For The Episcopal Church At Cornell and what are their salaries?

There 7 volunteers at Foundation For The Episcopal Church At Cornell.


Here are 7 key members and their salaries:


Ann Tillman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Roman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dede Duncan-Probe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Watkins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesley Adams (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Reinhold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenna Kyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Foundation For The Episcopal Church At Cornell?

Foundation For The Episcopal Church At Cornell's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Foundation For The Episcopal Church At Cornell

The Foundation for the Episcopal Church at Cornell is committed to supporting the Episcopal Church at Cornell. This nonprofit organization fulfills this mission by making regular financial contributions to the church and owning the chaplain's residence for the benefit of the church. By doing so, the Foundation plays a crucial role in maintaining and strengthening the Episcopal Church's presence at Cornell University. The Foundation's support allows the church to continue its religious and community activities, providing a spiritual home for its members and offering spiritual guidance to the university community. The ownership of the chaplain's residence ensures that the church has a dedicated space for its spiritual leader, furthering the Foundation's mission to support the Episcopal Church at Cornell.

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Impact




October, 2024

The Foundation for the Episcopal Church at Cornell significantly enriches the campus community by providing vital support to the Episcopal Church at Cornell. Through consistent financial contributions to the Church, it helps sustain a space for spiritual growth, community service, and fellowship for students and faculty alike. Additionally, by owning the chaplain's residence, the Foundation ensures that the church has a dedicated space for its chaplain to live and engage with the community, fostering deeper connections and supporting various ministries. This commitment not only enhances the religious life on campus but also encourages charitable initiatives that benefit the wider Ithaca community. The Foundation's impactful role serves as a cornerstone for nurturing faith, promoting philanthropic efforts, and creating a welcoming environment for all who seek connection through the Episcopal tradition.




This information is meant to be a general summary of Foundation For The Episcopal Church At Cornell. 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.

Revenue
-$134,170 (2022)
Expenses
$73,538 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$138,320
  • Gross Receipts: $1,140,962

Assets and Liabilities:

  • Total Assets: $1,214,651
  • Total Liabilities: $0
  • Net Assets: $1,214,651

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Organization Details

Founding Year

1995

Principal Officer

Michael Roman

Main Address

PO BOX 7251, ITHACA, NY, 14851

NTEE Category

Code: T60Z - Philanthropy

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