Overview
What is Turner Charitable Memorial Trust?
The Turner Charitable Memorial Trust is a philanthropic organization, specifically located in Phoenix, Arizona. Its primary mission is to aid and support the Summit Diabetes Research Institute based in Santa Barbara, California. The primary focus of this support is to advance medical research and education in the field of diabetes. The Trust's activities are dedicated to this cause, contributing to the ongoing efforts to combat and manage diabetes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Stars
The Turner Charitable Memorial Trust has received a One-Star rating from Charity Navigator, indicating significant weaknesses in accountability and finance practices. The charity's overall score is solely based on accountability metrics, where it scored poorly, particularly in governance aspects such as the lack of independent board members and missing essential policies. This raises concerns about the organization's operational transparency and adherence to best practices.
Despite these governance issues, the Trust has a strong program expense ratio of 85.71%, suggesting that a substantial portion of its expenditures goes directly towards its charitable programs. However, the charity's failure to provide basic governance documents, such as a conflict of interest policy and board meeting minutes, reflects poorly on its commitment to transparency and accountability.
Overall, while the Turner Charitable Memorial Trust demonstrates a strong focus on program spending, its lack of independent oversight and missing governance policies are significant limitations that potential donors should consider. A rating of 50% signals to stakeholders the need for improvement in transparency and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Turner Charitable Memorial Trust legitimate?
Turner Charitable Memorial Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turner Charitable Memorial Trust 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: $18,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Turner Charitable Memorial Trust?
The Turner Charitable Memorial Trust is committed to supporting or benefiting the Sansum Diabetes Research Institute in California, primarily for the purpose of conducting medical research and education in the field of diabetes. The trust's primary goal is to contribute to advancements in understanding and managing diabetes through rigorous research and educational initiatives. It seeks to make significant strides in diabetes treatment and care by providing resources for ongoing studies and knowledge dissemination.
Who is the CEO of Turner Charitable Memorial Trust?
Unavailable
What is the revenue of Turner Charitable Memorial Trust?
Turner Charitable Memorial Trust's revenue in 2022 was $74,295.
Who are the executives of Turner Charitable Memorial Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $18,974
- Related: $0
- Other: $0
Where can I find the form 990 for Turner Charitable Memorial Trust?
Turner Charitable Memorial Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Turner Charitable Memorial Trust
The Turner Charitable Memorial Trust is committed to supporting and benefiting the Sansum Diabetes Research Institute in its primary mission of conducting medical research and providing education in the field of diabetes. This renowned organization dedicates its resources to advancing our understanding of diabetes and contributing to the development of innovative treatments and preventive measures. The Turner Charitable Memorial Trust plays a crucial role in furthering the Institute's mission, thereby contributing to the global fight against diabetes.
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Impact
October, 2024
Turner Charitable Memorial Trust significantly impacts the field of diabetes research and education by providing vital support to the Sansum Diabetes Research Institute in Santa Barbara, California. This funding is directed towards advancing medical research, which is crucial for developing new treatments and improving the quality of life for individuals affected by diabetes. Additionally, the trust's commitment to education ensures that healthcare professionals and the community are better equipped with knowledge about diabetes management and prevention. By enabling groundbreaking research and fostering educational initiatives, the trust plays a pivotal role in addressing the challenges posed by diabetes and enhancing public health outcomes.
This information is meant to be a general summary of Turner Charitable Memorial Trust. 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: $74,295
- Gross Receipts: $146,452
Assets and Liabilities:
- Total Assets: $1,166,223
- Total Liabilities: $0
- Net Assets: $1,166,223
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Organization Details
Founding Year
2009
Phone
(805) 564-6211Main Address
PO BOX 52007, PHOENIX, AZ, 85072
NTEE Category
Code: H118 - Medical research
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