Overview
What is Golden Slipper Club Foundation?
The Golden Slipper Club Foundation, located in Bala Cynwyd, Pennsylvania, serves as a financial backbone for the charitable initiatives of its affiliated organization, the Golden Slipper Club & Charities, Inc. Its primary mission is to support the philanthropic endeavors of its associate, contributing financially to various charitable projects. The foundation does not operate any programs or services independently but instead channels its resources towards the charitable work of its affiliated entity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Golden Slipper Club Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The overall score is derived solely from the Accountability & Finance beacon, indicating robust practices in these areas. The foundation's excellent score of 94 showcases its effective management of resources, with a program expense ratio of 98.53%, signifying that nearly all funds are directed toward its programs.
Key strengths of the organization include a fully independent board, as evidenced by 10 out of 10 points in board independence with 12 independent members. Additionally, the foundation has robust policies in place for conflicts of interest, whistleblower protections, and document retention, all scoring high marks. The absence of material diversion of assets and a 0.00% liabilities to assets ratio highlight its financial stability.
While the foundation demonstrates impressive accountability and a strong program focus, the summary does not indicate any areas of concern or limitations based on the data available. Overall, the Golden Slipper Club Foundation appears to be a reliable choice for donors seeking to support a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Golden Slipper Club Foundation legitimate?
Golden Slipper Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Slipper Club 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Golden Slipper Club Foundation?
The Golden Slipper Club Foundation's mission is centered around supporting the charitable initiatives of its affiliate, the Golden Slipper Club & Charities, Inc. In essence, the foundation serves as a financial backbone, providing essential support for the charitable endeavors undertaken by its affiliate organization. This support is instrumental in carrying out various charitable projects and activities, thereby contributing to the betterment of various communities and causes. The foundation's role is primarily focused on providing financial aid, thereby enabling its affiliate to make a significant impact in the charitable sector.
Who is the CEO of Golden Slipper Club Foundation?
David Levy is the Chairman Of The Board of Golden Slipper Club Foundation.
What is the revenue of Golden Slipper Club Foundation?
Golden Slipper Club Foundation's revenue in 2021 was $4,952.
Who are the executives of Golden Slipper Club Foundation and what are their salaries?
There 12 volunteers at Golden Slipper Club Foundation.
Here are 12 key members and their salaries:
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Where can I find the form 990 for Golden Slipper Club Foundation?
Golden Slipper Club Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Golden Slipper Club Foundation
The Golden Slipper Club Foundation is committed to supporting the charitable endeavors of its affiliate, the Golden Slipper Club & Charities, Inc. In essence, the foundation serves as a financial backbone, providing the necessary resources to facilitate the charitable activities undertaken by its affiliated organization. Its mission is centered around this support, aiming to strengthen the impact and reach of the Golden Slipper Club & Charities, Inc.'s charitable initiatives. By providing financial assistance, the Golden Slipper Club Foundation enables its affiliate to carry out its charitable work more effectively, ultimately benefiting those who are in need.
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Impact
October, 2024
The Golden Slipper Club Foundation plays a crucial role in enhancing the charitable endeavors of its affiliate, the Golden Slipper Club & Charities, Inc. By providing essential financial support, it enables various community-focused projects aimed at improving the lives of individuals and families. Located in Bala Cynwyd, Pennsylvania, the foundation's impact extends through funding initiatives that address key social needs and foster community engagement. Through its efforts, the Golden Slipper Club Foundation helps to create meaningful opportunities for individuals and supports charitable activities that uplift and empower those in need, reinforcing a commitment to social responsibility and community service.
This information is meant to be a general summary of Golden Slipper Club 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 2021.
- Investment Income: $1,109
- Gross Receipts: $4,952
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1977
Phone
(610) 660-0510Principal Officer
David Levy
Main Address
215 N PRESIDENTIAL BLVD - 1ST FLOO, BALA CYNWYD, PA, 19004
NTEE Category
Code: Z99Z - Unknown
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