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Swart David H Memorial Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 256018805 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Swart David H Memorial Fund?

The Swart David H Memorial Fund is a supporting organization, categorized as Type III, located in Pittsburgh, Pennsylvania. This nonprofit is dedicated to providing support to The Citizens Library Association of Washington, PA, a prominent institution located at 55 S. College St., in Washington, PA. By offering financial and other resources, the Swart David H Memorial Fund plays a crucial role in upholding and furthering the work of The Citizens Library Association, ultimately contributing to the betterment of their shared community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 60%, Two-Star out of Four Star rating.

The Swart David H Memorial Fund has received a Two-Star rating from Charity Navigator, reflecting a score of 60% based solely on its Accountability and Finance metrics. This rating indicates some concerns regarding the charity's operational transparency and governance, as it lacks several key policies and documentation that are typically benchmarks for nonprofit effectiveness.

Strengths of the organization include a high program expense ratio of 94.64%, suggesting that a significant portion of its funds are directed towards its mission-related activities. Additionally, the organization has a fully independent board, which is a positive indicator of governance. However, the lack of a conflict of interest policy, whistleblower policy, and missing meeting minutes may detract from the overall accountability of the organization.

Overall, while the Swart David H Memorial Fund demonstrates commendable financial practices in terms of program spending and asset management, there are notable areas for improvement in governance and transparency that potential donors and supporters should consider.


This AI summary has been generated from information found on Charity Navigator.

Is Swart David H Memorial Fund legitimate?

Swart David H Memorial Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swart David H Memorial Fund 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: $11,717
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Swart David H Memorial Fund?

The Swart David H Memorial Fund serves as a type III supporting organization, dedicating its resources to support the Citizens Library Association of Washington PA. While the provided information does not explicitly state a mission statement for the Swart David H Memorial Fund, we can infer that its purpose is to contribute to the mission and activities of the Citizens Library Association, which is to promote literacy, education, and knowledge dissemination within their community. By supporting the Citizens Library Association, the Swart David H Memorial Fund likely aims to contribute to its goal of enriching individuals' lives through access to books, resources, and educational opportunities.

Who is the CEO of Swart David H Memorial Fund?

Unavailable

What is the revenue of Swart David H Memorial Fund?

Swart David H Memorial Fund's revenue in 2022 was $55,843.

Who are the executives of Swart David H Memorial Fund and what are their salaries?


There is 1 key member and their salary:


Bny Mellon Na (Trustee)
  • Compensation: $11,717
  • Related: $0
  • Other: $0
Where can I find the form 990 for Swart David H Memorial Fund?

Swart David H Memorial Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Swart David H Memorial Fund

The Swart David H Memorial Fund serves as a supporting organization, dedicating its resources to further the objectives of the Citizens Library Association of Washington, PA. In alignment with its mission, this fund aims to bolster the efforts of the Citizens Library Association, contributing to its overall mission and goals. Although specific details about the nature of the support provided by the Swart David H Memorial Fund are not explicitly stated, it can be inferred that the fund contributes financially or in other ways to enhance the operations and impact of the Citizens Library Association. By doing so, the Swart David H Memorial Fund plays a crucial role in promoting literacy, education, and knowledge dissemination in the community, in line with the broader mission of the Citizens Library Association.

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Impact




October, 2024

The Swart David H Memorial Fund has a significant impact by providing essential support to the Citizens Library Association of Washington, PA. This funding enables the library to enhance its programs and services, fostering a love for reading and learning within the community. Through its contributions, the fund helps ensure that residents have access to valuable resources, cultural programming, and educational opportunities. The support facilitates not only the preservation of literature and arts but also promotes community engagement and development, enriching the lives of individuals in the Pittsburgh area.




This information is meant to be a general summary of Swart David H Memorial Fund. 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.

Revenue
$55,843 (2022)
Expenses
$235,124 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $55,843
  • Gross Receipts: $933,585

Assets and Liabilities:

  • Total Assets: $939,659
  • Total Liabilities: $0
  • Net Assets: $939,659

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Organization Details

Founding Year

1947

Main Address

PO BOX 185, PITTSBURGH, PA, 152300185

NTEE Category

Code: A111 - Arts

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