Overview
What is Cendel Foundation?
The Cendel Foundation, based in Dover, Delaware, is a charitable organization that encourages philanthropy in Central Delaware. Its primary mission is to enhance the community by supporting generous individuals in their charitable giving endeavors. The foundation invests in endowment funds and annually distributes 5% of the principal to qualified 501(c)(3) organizations that meet its grant criteria, reviewed by a separate committee. The Cendel Foundation aims to positively impact the lives of its citizens by channeling resources to worthy causes.
Official website here: www.cendelfoundation.org
Is Cendel Foundation legitimate?
Cendel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cendel 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,106
For more financial information, click here
Official website here: www.cendelfoundation.org
What is the mission statement of Cendel Foundation?
The Cendel Foundation is a charitable organization committed to fostering philanthropy and bettering the community in Central Delaware. Their mission is to assist generous individuals in transforming their community through charitable giving. The foundation manages endowment funds invested in the Delaware Community Foundation, annually distributing 5% of the principal to qualify 501(c)(3) organizations that meet the grant criteria, which are established annually. A separate committee reviews the applications and makes recommendations for grant awards.
Official website here: www.cendelfoundation.org
Who is the CEO of Cendel Foundation?
Amy Strickland is the President of Cendel Foundation.
Official website here: www.cendelfoundation.org
What is the revenue of Cendel Foundation?
Cendel Foundation's revenue in 2023 was $289,330.
Official website here: www.cendelfoundation.org
Who are the executives of Cendel Foundation and what are their salaries?
The average compensation at Cendel Foundation during 2023 was $45,106. There is 1 employee at Cendel Foundation.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cendelfoundation.org
Where can I find the form 990 for Cendel Foundation?
Cendel Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cendelfoundation.org
Learn more at the official website: www.cendelfoundation.org
Mission Statement of Cendel Foundation
The Cendel Foundation is a charitable organization devoted to fostering philanthropy and improving the lives of its citizens in Central Delaware. Committed to promoting charitable giving, this organization aims to transform the community by providing financial support to qualified 501(C)(3) organizations that meet its annual grant criteria. Each year, the foundation receives a 5% return on its endowment funds invested in the Delaware Community Foundation. This return is utilized to make contributions to deserving organizations, thereby contributing to the betterment of the community as a whole. A separate committee reviews the application submissions and makes recommendations for grant awards, demonstrating Cendel Foundation's dedication to making a significant impact in the community through charitable giving.
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
Cendel Foundation significantly enhances the quality of life in central Delaware by fostering philanthropy and facilitating charitable giving. It operates through endowment funds that are strategically invested in the Delaware Community Foundation, enabling a sustainable model for community support. Each year, the foundation allocates 5% of its principal to grant qualified 501(c)(3) organizations that align with its mission.
This structured approach allows the foundation to provide targeted assistance to various local initiatives, positively impacting community improvement projects and addressing the needs of its citizens. A dedicated committee reviews grant applications, ensuring that support goes to deserving organizations and maximizing the positive effects of donations. Through these efforts, Cendel Foundation not only empowers generous individuals but also plays a pivotal role in transforming the community by addressing critical areas of need.
This information is meant to be a general summary of Cendel 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 2023.
- Investment Income: $48,340
- Program Service Revenue: $83,501
- Gross Receipts: $313,676
Assets and Liabilities:
- Total Assets: $3,299,220
- Total Liabilities: $115,249
- Net Assets: $3,183,971
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY SERVICE BUILDING
Revenue
$83,501
Organization Details
Founding Year
2008
Phone
(302) 674-4305Principal Officer
Amy Strickland
Main Address
101 WEST LOOCKERMAN STREET SUITE B, DOVER, DE, 19904
Website
www.cendelfoundation.orgNTEE Category
Code: S99 - Community improvement
If you are a representative of Cendel Foundation 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.