Overview
What is Cedar Street Charitable Foundation Inc?
Cedar Street Charitable Foundation Inc, a Milwaukee-based nonprofit organization located at 313 N Plankinton Avenue, is dedicated to grant-making and charitable contributions. Specifically, they support other 501(C)(3) organizations by making grants and sponsoring donor-advised funds. Their mission encompasses facilitating financial aid to qualifying nonprofits, thereby amplifying their impact in various communities.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating 92% - Four-Star out of Four Star Rating
Cedar Street Charitable Foundation Inc has earned a strong Four-Star rating from Charity Navigator, reflecting its high score of 92% in Accountability & Finance. This rating indicates that the organization demonstrates a strong commitment to transparency and efficient financial practices, which are critical for donor trust and support.
The foundation excels in various financial metrics, including a remarkable program expense ratio of 97.25%, which signifies that the majority of its funds are directed towards its charitable programs rather than administrative costs. Furthermore, it maintains a 0.00% liabilities to assets ratio, showcasing robust financial health. The organization also adheres to essential governance practices, with 80% of its board members being independent, along with comprehensive policies related to conflicts of interest, whistleblower protections, and document retention.
While Cedar Street Charitable Foundation Inc shows exemplary financial management and governance, the data does not provide information on programmatic impact or community feedback. Overall, the organization's high rating underscores its dedication to accountability and effective use of resources, making it a reliable choice for donors looking to support a nonprofit with strong financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Cedar Street Charitable Foundation Inc legitimate?
Cedar Street Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Street Charitable 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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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.none
What is the mission statement of Cedar Street Charitable Foundation Inc?
The Cedar Street Charitable Foundation Inc focuses on sponsoring donor advised funds and making grants to qualifying 501(C)(3) organizations. Through this philanthropic work, the foundation aims to support various causes and initiatives within the non-profit sector. By providing resources to these organizations, the foundation contributes to making a positive impact on communities and addressing various social needs. The foundation's mission is carried out through the careful consideration and selection of grantees, ensuring that the contributions are allocated to worthy causes that align with its charitable objectives. In essence, the Cedar Street Charitable Foundation Inc serves as a catalyst for change by enabling other non-profits to carry out their missions effectively.
Official website here: www.none
Who is the CEO of Cedar Street Charitable Foundation Inc?
Gregg George is the Director And President of Cedar Street Charitable Foundation Inc.
Official website here: www.none
What is the revenue of Cedar Street Charitable Foundation Inc?
Cedar Street Charitable Foundation Inc's revenue in 2022 was $12,150,219.
Official website here: www.none
Who are the executives of Cedar Street Charitable Foundation Inc and what are their salaries?
There 5 volunteers at Cedar Street Charitable Foundation Inc.
Here are 5 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Cedar Street Charitable Foundation Inc
Cedar Street Charitable Foundation Inc is a philanthropic organization that takes pride in sponsoring donor-advised funds and making grants and contributions to qualified 501(C)(3) organizations. The foundation's primary role is to support various causes by providing financial assistance to deserving nonprofits.
In pursuit of its mission, Cedar Street Charitable Foundation Inc acts as a bridge between generous donors and worthy causes. By sponsoring donor-advised funds, the foundation empowers individuals and families to recommend how their charitable dollars are distributed. At the same time, the foundation directly grants funds to other qualified 501(C)(3) organizations to help further their missions.
The Cedar Street Charitable Foundation Inc's commitment to giving extends beyond its sponsorship of donor-advised funds. It actively seeks opportunities to make grants and contributions to a wide range of charitable organizations, making a positive impact in numerous communities. The foundation's giving is focused on making a difference in people's lives by supporting the causes closest to their hearts.
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Impact
August, 2024
Cedar Street Charitable Foundation Inc's impact is focused on community improvement through the making of grants to other qualified 501(c)(3) organizations and the sponsorship of donor-advised funds. By supporting various nonprofit organizations, Cedar Street Charitable Foundation is able to channel resources towards initiatives and programs that positively impact communities. This strategic approach ensures that the foundation is contributing towards meaningful causes and making a tangible difference in the lives of individuals and communities in need.
This information is meant to be a general summary of Cedar Street Charitable 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: $437,586
- Gross Receipts: $61,017,952
Assets and Liabilities:
- Total Assets: $60,840,694
- Total Liabilities: $0
- Net Assets: $60,840,694
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Organization Details
Founding Year
2009
Phone
(847) 921-3126Principal Officer
Gregg George
Main Address
313 N PLANKINTON AVENUE 216, MILWAUKEE, WI, 53203
Website
www.noneNTEE Category
Code: S12 - Community improvement
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