Overview
What is Chuckie Mahoney Memorial Foundation?
The Chuckie Mahoney Memorial Foundation is a charitable organization situated in Burgettstown, Pennsylvania. Their main objective aligns with being charitable, religious, educational, and scientific in nature, extending support to organizations that meet the criteria of being exempt under 501 (C) 3 of the IRS Code. The foundation additionally offers scholarship donations to deserving local graduating seniors following a thorough application process, recommendation by the selection committee, and approval by the board. They primarily raise funds through annual golf outings and private donations.
Official website here: www.chuckiefmahoney.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Chuckie Mahoney Memorial Foundation has received a commendable Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial performance. With an overall score of 83%, the foundation showcases strengths in board independence and governance, having achieved perfect scores for majority independent board members and independent board size.
The organization demonstrates a lack of material diversion of assets and maintains strong policies on conflict of interest and whistleblowing, all of which contribute positively to its accountability metrics. The foundation's liabilities to assets ratio is notably low at 0.92%, reflecting good financial health.
However, the foundation's program expense ratio stands at 59.03%, which could be seen as a limitation, as it indicates that less than 60% of its expenses are directed towards its programs. This aspect may raise questions regarding the efficiency of its resource allocation relative to its mission. Overall, while the foundation shows a strong commitment to governance, there could be room for improvement in program expenditures.
This AI summary has been generated from information found on Charity Navigator.
Is Chuckie Mahoney Memorial Foundation legitimate?
Chuckie Mahoney Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chuckie Mahoney Memorial 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.
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Official website here: www.chuckiefmahoney.org
What is the mission statement of Chuckie Mahoney Memorial Foundation?
The Chuckie Mahoney Memorial Foundation is established for charitable, religious, educational, and scientific purposes. It distributes funds to organizations that qualify as exempt under Section 501(c) 3 of the IRS Code. Moreover, the foundation provides scholarship donations to local graduating seniors who meet certain criteria and are selected by a committee. The organization raises funds primarily through an annual golf outing and private donations.
Official website here: www.chuckiefmahoney.org
Who is the CEO of Chuckie Mahoney Memorial Foundation?
Charles Mahoney Iii is the Board Member of Chuckie Mahoney Memorial Foundation.
Official website here: www.chuckiefmahoney.org
What is the revenue of Chuckie Mahoney Memorial Foundation?
Chuckie Mahoney Memorial Foundation's revenue in 2022 was $51,838.
Official website here: www.chuckiefmahoney.org
Who are the executives of Chuckie Mahoney Memorial Foundation and what are their salaries?
There 20 volunteers at Chuckie Mahoney Memorial Foundation.
Here are 13 key members and their salaries:
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Official website here: www.chuckiefmahoney.org
Where can I find the form 990 for Chuckie Mahoney Memorial Foundation?
Chuckie Mahoney Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chuckiefmahoney.org
Learn more at the official website: www.chuckiefmahoney.org
Mission Statement of Chuckie Mahoney Memorial Foundation
The Chuckie Mahoney Memorial Foundation is devoted to serving charitable, religious, educational, and scientific causes. This organization extends its philanthropy to organizations that meet the criteria for exemption under section 501(c)3 of the Internal Revenue Service code. Besides these contributions, the foundation also offers scholarship donations to local high school graduates who complete an application process, receive recommendations from a selection committee, and receive approval from the board. The foundation raises funds for its charitable activities through an annual golf outing and private donations.
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Impact
August, 2024
The Chuckie Mahoney Memorial Foundation's impact is deeply felt in the community, particularly through its scholarship donations to local graduating seniors. By providing financial assistance to students who excel academically and meet the foundation's criteria, they are investing in the future of these young individuals. Additionally, the foundation's fundraising efforts, such as the annual golf outing and private donations, contribute to their ability to support these students and charitable organizations. Through their commitment to charitable, educational, and scientific purposes, the foundation is making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Chuckie Mahoney Memorial 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 2022.
- Investment Income: $12,594
- Gross Receipts: $79,426
Assets and Liabilities:
- Total Assets: $334,569
- Total Liabilities: $3,099
- Net Assets: $331,470
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Organization Details
Founding Year
2010
Phone
(724) 470-4000Principal Officer
Charles Mahoney Iii
Main Address
286 OSTOP RD, BURGETTSTOWN, PA, 15021
Website
www.chuckiefmahoney.orgNTEE Category
Code: B82 - Education
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