Overview
What is Tolby Supporting Org Endowment Trust?
Tolby Supporting Org Endowment Trust is a nonprofit organization, as indicated in the provided information, with a primary mission to offer support. This support extends to two main beneficiaries: the Make-A-Wish Foundation and the Arizona Humane Society. While the details about the specific activities or initiatives undertaken by the trust are not explicitly mentioned, the description suggests that it aims to contribute positively to both organizations, thereby potentially making a difference in the lives of those they serve. The Make-A-Wish Foundation grants wishes to children with critical illnesses, bringing joy and hope, while the Arizona Humane Society works towards the welfare and protection of animals, promoting their well-being and adoption.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 23%
The Tolby Supporting Org Endowment Trust has received a low rating of 23%, which translates to a Zero-Star out of Four Star rating. This indicates significant concerns regarding the charity's accountability and financial management. While the organization has achieved a perfect score for having a majority of independent board members and maintains complete board meeting minutes, many critical areas such as financial transparency and governance policies are severely lacking.
Key strengths include a notable commitment to independent governance, as evidenced by the full score in the majority independent board members category. However, the charity falls short in several areas, including having an independent board size and failing to establish essential policies such as conflict of interest and whistleblower protections. The absence of these policies raises serious concerns about the organization's commitment to ethical governance.
Overall, the charity's low score suggests significant room for improvement, particularly in financial transparency and compliance with best practices for nonprofit governance. Stakeholders and potential donors should consider these factors when evaluating the organization's effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Tolby Supporting Org Endowment Trust legitimate?
Tolby Supporting Org Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tolby Supporting Org Endowment 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: $26,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Tolby Supporting Org Endowment Trust?
The Tolby Supporting Org Endowment Trust is committed to supporting two primary organizations. It aims to contribute to the Make-A-Wish Foundation, an organization that grants wishes to children with critical illnesses, and the Arizona Humane Society, which works towards the welfare and protection of animals. The trust's mission is primarily focused on providing financial assistance to these two organizations, contributing to their respective missions of granting life-changing wishes and ensuring the well-being of animals.
Who is the CEO of Tolby Supporting Org Endowment Trust?
Connie May is the Principal Officer of Tolby Supporting Org Endowment Trust.
What is the revenue of Tolby Supporting Org Endowment Trust?
Tolby Supporting Org Endowment Trust's revenue in 2022 was $36,006.
Who are the executives of Tolby Supporting Org Endowment Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $26,030
- Related: $0
- Other: $0
Where can I find the form 990 for Tolby Supporting Org Endowment Trust?
Tolby Supporting Org Endowment Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tolby Supporting Org Endowment Trust
The Tolby Supporting Org Endowment Trust is an organization that is dedicated to providing support to two distinct causes. In line with its mission, it extends its aid to the Make-A-Wish Foundation, an organization renowned for granting wishes to children with critical illnesses. Additionally, the Trust demonstrates its commitment to animal welfare by supporting the Arizona Humane Society. By making payments to this organization, the Tolby Supporting Org Endowment Trust contributes to the wellbeing of animals in need, ensuring they receive necessary care and attention. The Trust's efforts in supporting these two causes reflect its commitment to making a positive impact on the lives of both children and animals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Tolby Supporting Org Endowment Trust significantly impacts the community by providing vital support to the Make-A-Wish Foundation and the Arizona Humane Society. Through its financial contributions, it helps facilitate the creation of unforgettable experiences for children with critical illnesses, granting their wishes and bringing joy to families during challenging times.
Additionally, the trust supports the Arizona Humane Society, enhancing the welfare of animals in need by funding various initiatives that promote their care, adoption, and protection. By focusing on these two important causes, the organization fosters a sense of hope and compassion in the community while improving the lives of both children and animals.
This information is meant to be a general summary of Tolby Supporting Org Endowment 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: $36,006
- Gross Receipts: $52,291
Assets and Liabilities:
- Total Assets: $995,404
- Total Liabilities: $0
- Net Assets: $995,404
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2007
Phone
(602) 333-7443Principal Officer
Connie May
Main Address
PO BOX 75000, DETROIT, MI, 482757874
NTEE Category
Code: Z99 - Unknown
If you are a representative of Tolby Supporting Org Endowment Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.