Overview
What is Ipc National Charitable Foundation?
Ipc National Charitable Foundation is a nonprofit organization situated in Dallas, Texas. Their primary focus is to support organizations and activities that align with their mission statement, which promotes justice and righteousness worldwide. This encompasses various initiatives, such as helping the poor, widows, orphans, and addressing the living and educational needs of those in need. They accomplish this through several means, including managing donor-advised funds, establishing subsidiary organizations to concentrate on specific justice/righteousness issues, and overseeing their activities. The foundation primarily operates by supporting organizations whose purposes are consistent with their mission statement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - 60%, Two-Star out of Four Star rating
The Ipc National Charitable Foundation received a Two-Star rating from Charity Navigator, indicating a need for improvement. The overall score of 60% reflects a mixed evaluation of the organization's accountability and financial practices. While the foundation boasts a high program expense ratio of 99.34%, indicating that almost all funds are directed towards its programs, several areas concerning governance and transparency raise concerns.
The foundation has a majority of independent board members, which is a positive aspect, yet it fell short in the size and independence of its board. Additionally, the absence of financial statements, conflict of interest policy, and other key governance documents significantly impacted its score. These missing elements suggest that the organization may not be adequately maintaining transparency and proper oversight practices.
Furthermore, while the organization has demonstrated accountability in terms of asset management, the lack of publicly available financial documentation and policies could deter potential donors and stakeholders. Addressing these limitations could enhance the foundation's credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ipc National Charitable Foundation legitimate?
Ipc National Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ipc National Charitable 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
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What is the mission statement of Ipc National Charitable Foundation?
The Ipc National Charitable Foundation's mission is centered around providing support to organizations and activities that align with Christian values. Their primary focus is on promoting justice and righteousness worldwide. This encompasses various initiatives such as aiding the less fortunate, including the poor, widows, and orphans, as well as meeting the living and educational needs of those with insufficient means. They achieve this mission primarily through establishing and overseeing donor-advised funds, setting up single-member LLCs to concentrate on specific justice/righteousness issues, and establishing initiatives to address these issues accordingly.
Who is the CEO of Ipc National Charitable Foundation?
Donald B Harris is the Pres/Director of Ipc National Charitable Foundation.
What is the revenue of Ipc National Charitable Foundation?
Ipc National Charitable Foundation's revenue in 2022 was $564,196.
Who are the executives of Ipc National Charitable Foundation and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Ipc National Charitable Foundation?
Ipc National Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ipc National Charitable Foundation
Ipc National Charitable Foundation's mission is centered around providing support to organizations and activities that align with Christian values, with a primary focus on promoting justice and righteousness globally. This mission encompasses various aspects, such as aiding the less fortunate, including the poor, widows, and orphans, and addressing the basic living and educational needs of those with limited means. The foundation accomplishes this mission through several means.
Firstly, Ipc National Charitable Foundation establishes and oversees donor-advised funds for individuals whose charitable interests coincide with its mission statement. By doing so, it allows these individuals to contribute to causes that resonate with their beliefs and the foundation's objectives.
Secondly, the foundation creates and manages single-member LLCs (subsidiary organizations) to focus on specific justice and righteousness issues that are consistent with its mission. These subsidiary organizations serve as dedicated platforms to address particular needs and challenges within this broader context.
In essence, Ipc National Charitable Foundation acts as a facilitator, providing the necessary resources and support to further the work of organizations and initiatives that advocate for justice and righteousness worldwide. Its mission is a call to action, encouraging individuals and organizations to come together to uplift the less fortunate and create a more equitable world.
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Impact
July, 2024
Ipc National Charitable Foundation's impact includes providing support to organizations and activities that promote justice and righteousness worldwide. This support includes feeding and caring for the poor, widows, and orphans, as well as meeting the living and educational needs of those with insufficient means. Through the establishment of donor-advised funds for individuals aligned with their mission, overseeing single-member LLCs focusing on justice and righteousness issues, and other activities, the foundation contributes to philanthropic efforts consistent with the Christian faith.
This information is meant to be a general summary of Ipc National Charitable 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: $112,422
- Gross Receipts: $1,167,413
Assets and Liabilities:
- Total Assets: $6,610,566
- Total Liabilities: $309,251
- Net Assets: $6,301,315
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Organization Details
Founding Year
2003
Phone
(972) 503-1040Principal Officer
Donald B Harris
Main Address
12221 MERIT DR 750, DALLAS, TX, 75251
NTEE Category
Code: T99 - Philanthropy
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