Overview
What is Al Sigl Foundation Inc?
Al Sigl Foundation Inc, based in Rochester, New York, is a nonprofit organization committed to raising, managing, and distributing funds. The primary goal is to support the objectives of the Al Sigl community of agencies and their collaborative member organizations. Serving tens of thousands of individuals with disabilities and special needs, these agencies provide essential support to children and adults alike. Al Sigl Foundation Inc organizes various events, such as the Sports Classic Golf Tournament, Tennis Benefit, and a new addition, the Lift for Abilities Ski Benefit, to generate funds. These events raised substantial amounts in 2022, contributing to the distribution of unresticted funds to the aforementioned agencies. In addition, the annual Holiday Luncheon brings together representatives and program participants from all seven Al Sigl member agencies to share stories and discuss future support.
Official website here: www.alsigl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
The Al Sigl Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and finance practices. The score is primarily attributed to its excellent governance, with 96% of board members being independent, ensuring unbiased decision-making. Additionally, the organization shows a solid commitment to financial transparency and oversight, as evidenced by their comprehensive financial statements and a well-functioning audit committee.
Strengths of the organization include a robust conflict of interest policy, a whistleblower policy, and documented board meeting minutes, all contributing to a high level of operational integrity. The foundation also demonstrates a healthy liabilities-to-assets ratio, indicating financial stability. Moreover, the program expense ratio of 65.04% suggests that a significant portion of its resources is allocated towards fulfilling its mission.
However, while the foundation performs well in several key areas, there may be opportunities for improvement in its program expense efficiency, given the lower score in that category. Overall, the Al Sigl Foundation Inc is well-regarded for its strong governance and financial practices, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Al Sigl Foundation Inc?
70% of 11 reviewers on Facebook recommend Al Sigl Foundation Inc. Here is a summary of their reviews:
Many individuals appreciate the dedication and compassion displayed by the organization, highlighting the fantastic team working tirelessly to support the community. The positive sentiments reflect a sense of gratitude for the services provided and the impactful work being done.
However, it is worth noting that a portion of the feedback indicates room for improvement, suggesting that some may have differing experiences with the organization. Overall, while there are positive acknowledgments of the foundation's efforts, there seems to be a mix of opinions regarding its effectiveness and outreach.
This AI summary has been generated from reviews found on Facebook.
Is Al Sigl Foundation Inc legitimate?
Al Sigl Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Al Sigl 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.alsigl.org
What is the mission statement of Al Sigl Foundation Inc?
The Al Sigl Foundation's mission is centered around raising, managing, and distributing funds to foster the goals of various agencies and organizations within its community. This community serves tens of thousands of individuals with disabilities and special needs. The foundation's primary objective is to support these agencies and their collaborative member organizations in achieving their objectives. The Al Sigl Foundation's activities contribute significantly to the well-being of these individuals, providing them with essential services and resources. The foundation achieves this mission through various events such as golf tournaments, tennis benefits, and new initiatives like the Lift for Abilities Ski Benefit, which collectively raised over $113,000 in unresticted funds in 2022. These funds are then distributed to support the programs and services provided by the member agencies.
Official website here: www.alsigl.org
Who is the CEO of Al Sigl Foundation Inc?
Thomas O'Connor is the Immediate Past Chair of Al Sigl Foundation Inc.
Official website here: www.alsigl.org
What is the revenue of Al Sigl Foundation Inc?
Al Sigl Foundation Inc's revenue in 2022 was $1,724,733.
Official website here: www.alsigl.org
Who are the executives of Al Sigl Foundation Inc and what are their salaries?
There 261 volunteers at Al Sigl Foundation Inc.
Here are 31 key members and their salaries:
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Official website here: www.alsigl.org
Where can I find the form 990 for Al Sigl Foundation Inc?
Al Sigl Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alsigl.org
Learn more at the official website: www.alsigl.org
Mission Statement of Al Sigl Foundation Inc
Al Sigl Foundation Inc is dedicated to raising, managing, and distributing funds with the aim of supporting the goals of its collaborative member agencies and the tens of thousands of children and adults with disabilities and special needs who are served by these agencies. The foundation's mission is to foster the growth and success of these organizations, ensuring they can continue to make a positive impact in the lives of those who need it most. By raising funds through various events, such as the Sports Classic Golf Tournament and the Tennis Benefit, Al Sigl Foundation Inc is able to provide unrestricted funds to its member agencies, allowing them to allocate resources where they are needed most. The foundation's work is essential in supporting the mission of these organizations and the individuals they serve, ultimately contributing to a stronger and more inclusive community.
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Impact
October, 2024
Al Sigl Foundation Inc significantly impacts the lives of children and adults with disabilities and special needs in the Rochester, NY area. By raising, managing, and distributing funds, the foundation effectively supports its community of agencies and their collaborative work.
One of the foundation's hallmark events, the Sports Classic Golf Tournament, celebrated its 53rd year in 2022, attracting 162 golfers and generating over $79,000 to support its mission. Additionally, community engagement through sports continues with successful events like the Tennis Benefit, which sold out with 72 players, and the revamped Fine Tastings event that raised substantial funds. A new initiative, the Lift for Abilities Ski Benefit, added more avenues for community support, raising over $6,000 in its inaugural year.
In total, the foundation distributed $80,000 in unrestricted funds to member agencies, directly enhancing programs and services that improve the lives of thousands in the community. The annual holiday luncheon fosters a sense of community and collaboration, bringing together agency representatives, program participants, and supporters to share impactful stories and information about ongoing initiatives. Through these efforts, the Al Sigl Foundation creates lasting positive change for individuals with disabilities and special needs, emphasizing the importance of inclusive support systems in enhancing their quality of life.
This information is meant to be a general summary of Al Sigl 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: $602,351
- Gross Receipts: $2,960,050
Assets and Liabilities:
- Total Assets: $29,814,493
- Total Liabilities: $1,027,335
- Net Assets: $28,787,158
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Organization Details
Founding Year
1997
Phone
(585) 442-4100Principal Officer
Thomas O'Connor
Main Address
1000 ELMWOOD AVENUE 300, ROCHESTER, NY, 146203098
Website
www.alsigl.orgNTEE Category
Code: T90 - Philanthropy
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