Overview
What is Mcgivney Foundation Inc?
The McGivney Foundation, established as a nonprofit organization, dedicates its efforts towards charity for underprivileged individuals. Their mission lies in generating funds to procure essential items, such as Christmas gifts, for those in need. The foundation's programs aim at alleviating hardships during the holiday season and throughout the year. By doing so, they strive to bring joy and necessities to less fortunate communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating.
The McGivney Foundation Inc has received a low rating of 50% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. Notably, the organization lacks independent board members, which raises questions about governance and oversight. Additionally, essential policies such as conflict of interest, whistleblower protections, and document retention are absent.
On a positive note, the foundation demonstrates a strong program expense ratio of 98.48%, suggesting that a large majority of its resources are directed toward its programs rather than administrative costs. Furthermore, the organization does not have any material diversion of assets, indicating transparency in its financial dealings. However, the failure to maintain an informative online presence and essential governance documents remains a critical limitation.
This AI summary has been generated from information found on Charity Navigator.
Is Mcgivney Foundation Inc legitimate?
Mcgivney Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcgivney Foundation Inc 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.
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What is the mission statement of Mcgivney Foundation Inc?
The McGivney Foundation's mission is centered around providing charitable aid to underprivileged individuals. This is achieved through various programs, primarily focused on raising funds to procure essential items such as Christmas gifts and other necessities for those in need. The foundation's activities are aimed at uplifting the lives of underprivileged communities, demonstrating a commitment to alleviating hardships and promoting overall well-being.
Who is the CEO of Mcgivney Foundation Inc?
Wayne Sokalski is the President of Mcgivney Foundation Inc.
What is the revenue of Mcgivney Foundation Inc?
Mcgivney Foundation Inc's revenue in 2022 was $38,098.
Who are the executives of Mcgivney Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Mcgivney Foundation Inc?
Mcgivney Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mcgivney Foundation Inc
The McGivney Foundation, a nonprofit organization, is dedicated to providing charitable works for those who are underprivileged. Their mission is centered around raising funds to procure essential items, including Christmas gifts, for individuals in need. With this initiative, the foundation aims to bring joy and essential resources to these individuals during the holiday season and beyond. By focusing on this mission, the McGivney Foundation works tirelessly to alleviate some of the challenges faced by underprivileged individuals, bringing a sense of hope and support during difficult times.
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Impact
August, 2024
Mcgivney Foundation Inc provides charitable works for the underprivileged, raising money to purchase Christmas gifts and other needed items for those in need. Their impact is felt in providing essential support to individuals facing hardship, helping to bring joy and assistance to those who may not have access to such resources otherwise. Their commitment to serving the underprivileged contributes to fostering a more compassionate and caring community.
This information is meant to be a general summary of Mcgivney Foundation Inc. 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: $3,567
- Gross Receipts: $43,672
Assets and Liabilities:
- Total Assets: $158,713
- Total Liabilities: $0
- Net Assets: $158,713
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Organization Details
Founding Year
2008
Phone
(727) 214-8972Principal Officer
Wayne Sokalski
Main Address
1135 Pasadena Ave S APT 310, Saint Petersburg, FL, 33707
NTEE Category
Code: X12 - Religion related
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