Overview
What is Ncf Charitable Trust?
Ncf Charitable Trust is a grant-making organization based in Clearwater, Florida. The trustee supports various charitable initiatives by distributing funds to the National Christian Charitable Foundation, Inc., and other charities that share the same tax-exempt status. By providing financial assistance, the trust plays a crucial role in furthering the missions of these charitable organizations and making a positive impact on communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
NCF Charitable Trust has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The score is derived exclusively from the Accountability & Finance beacon, highlighting the organization's focus on financial integrity and transparency. This rating signifies that the charity is successfully managing its resources and maintaining responsible governance practices.
The organization excels in several key areas, including a high program expense ratio of 92.72%, which indicates that the majority of its funding is directed toward its charitable activities. Furthermore, the charity has demonstrated responsible financial oversight, as evidenced by its perfect scores in various governance-related categories, such as conflict of interest and whistleblower policies. The absence of material asset diversions and loans to officers further showcases its commitment to ethical operations.
However, the charity's fundraising efficiency ratio is notably low at $0.002, which may suggest challenges in raising funds relative to its expenses. While the overall financial health appears strong, this aspect may warrant attention to enhance its fundraising strategy. Overall, NCF Charitable Trust appears to be a reliable nonprofit with commendable financial practices, though it might benefit from improvements in its fundraising efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Ncf Charitable Trust legitimate?
Ncf Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ncf Charitable Trust 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 Ncf Charitable Trust?
The Ncf Charitable Trust is committed to granting funds for charitable purposes. Specifically, it supports the National Christian Charitable Foundation, Inc. and other similar tax-exempt charitable organizations. By making these grants, the trust contributes to the missions and functions of the recipient charities. Through its charitable giving, the Ncf Charitable Trust aims to make a positive impact on various causes and communities. The trust's grants encompass a wide range of charitable initiatives, ultimately contributing to the betterment of society. The trust's focus on charitable grants aligns with its dedication to giving back and making a difference in the lives of others.
Who is the CEO of Ncf Charitable Trust?
Bradley Orr is the Trustee of Ncf Charitable Trust.
What is the revenue of Ncf Charitable Trust?
Ncf Charitable Trust's revenue in 2022 was $777,529,898.
Who are the executives of Ncf Charitable Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ncf Charitable Trust?
Ncf Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ncf Charitable Trust
Ncf Charitable Trust, a grant-making organization, is dedicated to making charitable contributions to support the missions of National Christian Charitable Foundation, Inc., and other tax-exempt charitable organizations within the same class. The Trustee of Ncf Charitable Trust plays a significant role in furthering the goals of these charities by providing grants for charitable purposes.
By offering financial assistance, Ncf Charitable Trust empowers these charitable foundations to continue their important work in the community. The Trust's grant-making activities help ensure the sustainability and growth of various charitable initiatives, contributing to the positive impact they have on people's lives. Ncf Charitable Trust serves as a vital partner to these organizations, providing essential funds to advance their missions and carry out their functions effectively.
In summary, Ncf Charitable Trust is a grant-making organization that plays a crucial role in supporting the charitable endeavors of National Christian Charitable Foundation, Inc., and other charities that share the same tax-exempt status. By making grants for charitable purposes, the Trust helps these organizations to further their missions and create lasting change in their respective communities.
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Impact
October, 2024
Ncf Charitable Trust significantly impacts the community by providing financial support to charitable organizations, particularly the National Christian Charitable Foundation, Inc., and others within the same category. Through its grant-making activities, the trust facilitates various charitable initiatives that align with its religious mission, fostering compassion, support, and resources for those in need. By targeting organizations that focus on similar values and objectives, the trust enhances the reach and effectiveness of charitable efforts, contributing to a broader positive influence in society, especially in the Clearwater, FL area and beyond. Its commitment helps sustain essential programs and services, making a difference in the lives of many individuals and communities.
This information is meant to be a general summary of Ncf Charitable Trust. 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: $130,078,185
- Gross Receipts: $1,020,009,275
Assets and Liabilities:
- Total Assets: $1,439,379,194
- Total Liabilities: $33,454,107
- Net Assets: $1,405,925,087
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Organization Details
Founding Year
2006
Phone
(813) 567-1499Principal Officer
Bradley Orr
Main Address
P O BOX 17820, CLEARWATER, FL, 33762
NTEE Category
Code: X11 - Religion related
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