Overview
What is The Confectionery Foundation?
The Confectionery Foundation, situated in Washington D.C., serves a philanthropic role in the field of confectionery. Primarily, they engage in research and educational activities related to confectionery products and the confectionery industry, following the mission of the National Confectionery Association of the United States, Inc. (NCA). One of their significant initiatives is the Seventh Year Career Education Outreach Program. This program offers university and technical college students an insight into the confectionery industry through small group tours, presentations, and interactions with industry professionals during the annual Sweets & Snacks Expo. This program aims to showcase the diverse opportunities available in the confectionery industry to students.
Official website here: www.confectionlink.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 4 stars (97%)
The Confectionery Foundation has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a robust accountability and finance score of 97%. This high score is indicative of the organization's strong commitment to transparency and responsible financial practices, which are essential for building trust with donors and stakeholders.
The organization excels in several key areas, including having a fully independent board, with all 10 members being independent, and maintaining a solid track record with no material diversion of assets. Additionally, the foundation demonstrates comprehensive policies for conflict of interest, whistleblower protection, and document retention, all of which contribute to its high accountability score.
However, while the foundation has a commendable program expense ratio of 88.11%, highlighting its dedication to allocating a significant portion of its funds directly to its programs, potential donors may still want to explore specific program outcomes and overall impact. Overall, The Confectionery Foundation stands out as a well-managed nonprofit with a strong foundation in financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Confectionery Foundation legitimate?
The Confectionery Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Confectionery 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: $0
For more financial information, click here
Official website here: www.confectionlink.org
What is the mission statement of The Confectionery Foundation?
The Confectionery Foundation's mission revolves around philanthropy, charitable research, and educational purposes. Its primary objective is to carry out research and educational activities related to confectionery products and the confectionery industry, as directed by the National Confectionery Association of the United States, Inc. (NCA). One of its initiatives is the Next Generation Career Education Outreach Program, which is now in its seventh year. This program offers eligible university and technical college students an insight into the confectionery industry through small group tours and presentations during the Industry Annual Sweets & Snacks Expo. Students have the opportunity to interact with industry professionals, learn about various job opportunities, and gain insights into companies and the industry as a whole.
Official website here: www.confectionlink.org
What is the revenue of The Confectionery Foundation?
The Confectionery Foundation's revenue in 2023 was $21,576.
Official website here: www.confectionlink.org
Who are the executives of The Confectionery Foundation and what are their salaries?
There 11 volunteers at The Confectionery Foundation.
Here are 14 key members and their salaries:
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- Related: $1,755,103
- Other: $82,885
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- Related: $450,456
- Other: $69,723
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- Related: $278,151
- Other: $54,312
- Compensation: $0
- Related: $239,871
- Other: $42,367
Official website here: www.confectionlink.org
Where can I find the form 990 for The Confectionery Foundation?
The Confectionery Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.confectionlink.org
Learn more at the official website: www.confectionlink.org
Mission Statement of The Confectionery Foundation
The Confectionery Foundation, a philanthropic organization, is dedicated to serving a charitable, research, and educational purpose. Its primary mission is to carry out the research and educational activities of the National Confectionery Association of the United States, Inc. (NCA), focusing on confectionery products and the confectionery industry. The foundation achieves this mission through various initiatives, one of which is the Next Generation Career Education Outreach Program. This program, now in its seventh year, offers university and technical college students an insider's look into the confectionery industry. Students participate in small group tours and presentations during the annual Sweets & Snacks Expo. This unique opportunity allows them to interact with industry professionals, learn about potential career paths, and understand the companies and workforce within the confectionery industry. The Confectionery Foundation's mission is to showcase the vast array of opportunities available in the confectionery field, encouraging and preparing the next generation of professionals in this industry.
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Impact
August, 2024
The Confectionery Foundation's impact lies in its Next Generation Career Education Outreach Program, which aims to provide eligible university and technical college students with a unique glimpse into the confectionery industry. By organizing small group tours and presentations during the industry's annual Sweets & Snacks Expo, students have the opportunity to meet industry professionals, learn about different companies, and explore the various career paths available in the confectionery industry. This initiative showcases the wide array of opportunities for students to consider within the industry, helping to inspire and educate the next generation of professionals in this field.
This information is meant to be a general summary of The Confectionery 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.
- Gross Receipts: $21,576
Assets and Liabilities:
- Total Assets: $164,714
- Total Liabilities: $0
- Net Assets: $164,714
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Organization Details
Founding Year
2005
Principal Officer
Steve Mccroddan
Website
www.confectionlink.orgNTEE Category
Code: A50 - Arts
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