Overview
What is The Frederick Foundation Ltd?
The Frederick Foundation Ltd, situated in New York City, New York, is a nonprofit organization devoted to upholding and promoting Vincentian beliefs. Its primary objective is to aid in the pursuit of these values, as well as to contribute to the objectives of the Association of St. Vincent de Paul within the Diocese of Brooklyn. The foundation's activities are centered around encouraging and supporting the preservation and practice of Vincentian beliefs, thereby contributing to the Association's goals. Although the exact nature of these activities is not specified in the provided information, it can be inferred that they may involve various initiatives and programs that align with the Vincentian philosophy.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Frederick Foundation Ltd received an overall score of 82%, which indicates a solid level of accountability and financial management. This rating is solely based on their Accountability & Finance score, reflecting the organization's commitment to transparency and ethical governance practices. The foundation boasts a completely independent board, which enhances its credibility and decision-making reliability.
The organization has demonstrated strong financial oversight, with a robust audit and oversight committee and no reported material diversions of assets. Additionally, they maintain a high program expense ratio of 94.60%, suggesting that the majority of their funds are allocated directly towards their mission-driven programs rather than administrative costs.
While the foundation excels in accountability metrics, the focus on financial aspects means that other areas, such as program effectiveness and impact, are not assessed in this rating. This could be a consideration for potential donors seeking to understand the broader impact of the foundation's work.
This AI summary has been generated from information found on Charity Navigator.
Is The Frederick Foundation Ltd legitimate?
The Frederick Foundation Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Frederick Foundation Ltd 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 The Frederick Foundation Ltd?
The Frederick Foundation Ltd's mission is centered around promoting and supporting the preservation and practice of Vincentian beliefs. The organization aims to assist in achieving the goals of the Association of St. Vincent de Paul within the Diocese of Brooklyn. Essentially, their purpose is to encourage and facilitate the upholding of Vincentian values and contribute to the Association's objectives in this particular diocese.
Who is the CEO of The Frederick Foundation Ltd?
Unavailable
What is the revenue of The Frederick Foundation Ltd?
The Frederick Foundation Ltd's revenue in 2022 was $759,829.
Who are the executives of The Frederick Foundation Ltd and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for The Frederick Foundation Ltd?
The Frederick Foundation Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Frederick Foundation Ltd
The Frederick Foundation Ltd is committed to fostering, promoting, and aiding in the preservation and implementation of Vincentian beliefs. This organization serves a crucial role in supporting the objectives of the Association of St. Vincent de Paul within the Diocese of Brooklyn. By doing so, The Frederick Foundation Ltd endeavors to contribute to the overall goal of upholding and practicing the Vincentian philosophy.
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Impact
October, 2024
The Frederick Foundation Ltd. actively promotes the preservation and practice of Vincentian beliefs, fostering a strong community aligned with these principles in the Diocese of Brooklyn. By supporting initiatives aimed at encouraging the tenets of Vincentian spirituality, the foundation plays a crucial role in helping individuals and families in need, embodying a commitment to service, compassion, and social justice. Its efforts align with the mission of the Association of St. Vincent de Paul, creating opportunities for outreach, support, and involvement in philanthropic activities that benefit the broader New York community. Through these initiatives, The Frederick Foundation Ltd. reinforces the values of charity and human dignity, encouraging a culture of giving and community engagement.
This information is meant to be a general summary of The Frederick Foundation Ltd. 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: $759,829
- Gross Receipts: $1,902,946
Assets and Liabilities:
- Total Assets: $8,576,328
- Total Liabilities: $19,500
- Net Assets: $8,556,828
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Organization Details
Founding Year
2006
Phone
(212) 949-0990Main Address
333 SEVENTH AVENUE 9TH FLOOR, NEW YORK, NY, 10001
NTEE Category
Code: T11 - Philanthropy
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