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Children And Families First Endowment Inc

Children And Families Firstinc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271705610 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is Children And Families First Endowment Inc?

Children and Families First Endowment Inc, led by John Wood, is an organization based in Wilmington, Delaware. Its primary function is to support Children & Families First Delaware Inc, a 509(a)(2) organization. The endowment's activities involve managing its assets and engaging in various fundraising activities such as foundation, corporate, and individual solicitations and special events. The revenue generated from these activities is either reinvested for future use or distributed to Children & Families First Delaware Inc. for its exempt purposes, supporting the well-being of children and families.


Official website here: www.cffde.org

Is Children And Families First Endowment Inc legitimate?

Children And Families First Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children And Families First Endowment 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.


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.cffde.org

What is the mission statement of Children And Families First Endowment Inc?

The Children and Families First Endowment Inc. (CFFE) exists primarily to support the functions and purposes of Children & Families First Delaware Inc., an organization classified under Section 509(A)(2) of the Internal Revenue Code. CFFE's activities primarily involve managing the endowment assets of Children & Families First Delaware Inc. In addition, CFFE engages in various fundraising activities, such as soliciting funds from foundations, corporations, and individuals, as well as organizing special events. The proceeds from these activities are either reinvested in the endowment for future use or distributed to Children & Families First Delaware Inc. to be utilized in furtherance of its exempt purpose.


Official website here: www.cffde.org

Who is the CEO of Children And Families First Endowment Inc?

John Wood is the Member of Children And Families First Endowment Inc. The CEO's salary of Children And Families First Endowment Inc is $0 and their total compensation is $204,031.


Official website here: www.cffde.org

What is the revenue of Children And Families First Endowment Inc?

Children And Families First Endowment Inc's revenue in 2022 was $91,394.


Official website here: www.cffde.org

Who are the executives of Children And Families First Endowment Inc and what are their salaries?


Here are 7 key members and their salaries (Children And Families First Endowment Inc's CEO's salary is $0 and their total compensation is $204,031):


Nicole Magnusson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery S Sills (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William N Britton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul L Mccommons (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Bowlsbey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wood (Cfo/Administrative Officer)
  • Compensation: $0
  • Related: $141,610
  • Other: $15,180
Kirsten Olson (Chief Executive Officer)
  • Compensation: $0
  • Related: $186,873
  • Other: $17,158


Official website here: www.cffde.org

Where can I find the form 990 for Children And Families First Endowment Inc?

Children And Families First Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cffde.org

Learn more at the official website: www.cffde.org

Mission Statement of Children And Families First Endowment Inc

Children and Families First Endowment Inc., abbreviated as CFFE, is a nonprofit organization with a unique mission. Its primary objective is to support Children and Families First Delaware Inc., an exempt organization under Section 509(A)(2) of the Internal Revenue Code. CFFE serves to manage the endowment assets of Children and Families First Delaware Inc., ensuring the organization has financial resources for future use. Furthermore, CFFE engages in various fundraising activities, including solicitations from foundations, corporations, and individuals, as well as organizing special events. The proceeds from these activities can either be reinvested in the endowment or distributed to Children and Families First Delaware Inc., to be utilized in furtherance of its exempt purpose.

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Impact




October, 2024

Children And Families First Endowment Inc (CFFE) plays a vital role in supporting the mission of Children & Families First Delaware Inc. By managing and holding the endowment assets, CFFE ensures that resources are available to enhance the well-being of children and families in Delaware. Engaging in a variety of fundraising activities, CFFE mobilizes financial support from foundations, corporations, and individuals, allowing for sustained investment in programs that address the needs of vulnerable populations.

The proceeds generated from these initiatives either bolster the endowment for future impact or are directly allocated to Children & Families First Delaware Inc. This strategic approach not only provides immediate assistance but also establishes a more secure funding base for ongoing and future operations aimed at creating positive social change. Through its efforts, CFFE significantly contributes to the community by ensuring that children and families receive necessary services and support, ultimately fostering healthier and more resilient family units in the Wilmington area.




This information is meant to be a general summary of Children And Families First Endowment 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.

Revenue
$91,394 (2022)
Expenses
$19,628 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $91,394
  • Gross Receipts: $91,394

Assets and Liabilities:

  • Total Assets: $3,095,891
  • Total Liabilities: $0
  • Net Assets: $3,095,891

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Organization Details

Founding Year

2010

Principal Officer

John Wood

Main Address

555 JUSTISON STREET SUITE 150, WILMINGTON, DE, 19801

NTEE Category

Code: P11 - Human services

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