Overview
What is Carrington Charitable Foundation?
The Carrington Charitable Foundation is a nonprofit organization based in Aliso Viejo, California, dedicated to supporting U.S. military veterans. Through their Signature Programs, they focus on providing assistance under the principles of Mobility, Stability, Purpose, and Prosperity. This includes financially aiding the Veteran's Airlift Command, constructing or modifying adaptive homes for injured veterans via Carrington House, and promoting entrepreneurship opportunities for veterans. Their mission extends to backing other nonprofits aiding in veterans' transition back to civilian life. The foundation also supports various charitable organizations, engaging their employees and associates in volunteer activities across the United States.
Official website here: www.carringtoncf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
The Carrington Charitable Foundation has achieved a remarkable score of 96%, earning a Four-Star rating on Charity Navigator. This high score is indicative of the organization's strong accountability and financial health, with all metrics contributing to the score being derived from their Accountability & Finance category. The foundation has no recorded material diversion of assets, indicating a high level of integrity in financial management.
Among the strengths noted, the foundation boasts a completely independent board, with all eight members meeting the independence criteria. Additionally, the financial statements are thoroughly audited, and essential policies such as conflict of interest and document retention are in place, which enhances the organization’s transparency. The program expense ratio is notably high at 97.19%, suggesting that the vast majority of funds raised are directed towards program services rather than administrative costs.
One area of limitation mentioned is the absence of a whistleblower policy, which is a notable gap in governance practices, potentially limiting the organization's ability to address internal concerns confidentially. Despite this, the overall performance of the Carrington Charitable Foundation reflects strong financial stewardship and commitment to its charitable mission.
This AI summary has been generated from information found on Charity Navigator.
Is Carrington Charitable Foundation legitimate?
Carrington Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carrington Charitable 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.carringtoncf.org
What is the mission statement of Carrington Charitable Foundation?
The Carrington Charitable Foundation's mission is to serve as a platform that supports nonprofit organizations and communities throughout the United States, aligning with the interests of the company's leaders and employees. Their objective is to work collectively as a community of support for recognized charitable organizations, presented to the foundation by the employees and associates of the Carrington Family of Companies. The foundation aims to raise funds for the organizations it supports and encourages the volunteer activities of nearly 4,000 employees and associates across various Carrington affiliated companies, engaging in community service. Notably, the foundation has signature programs focused on veterans, aiming to provide mobility, stability, purpose, and prosperity for those returning from the post-9/11 conflict battlefields. These initiatives honor the sacrifices made by our nation's servicemen and women who have dedicated their lives to protecting our country's freedom.
Official website here: www.carringtoncf.org
Who is the CEO of Carrington Charitable Foundation?
Tim Richthammer is the Chairpereson & Director of Carrington Charitable Foundation.
Official website here: www.carringtoncf.org
What is the revenue of Carrington Charitable Foundation?
Carrington Charitable Foundation's revenue in 2022 was $1,728,676.
Official website here: www.carringtoncf.org
Who are the executives of Carrington Charitable Foundation and what are their salaries?
There 400 volunteers at Carrington Charitable Foundation.
Here are 4 key members and their salaries:
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Official website here: www.carringtoncf.org
Where can I find the form 990 for Carrington Charitable Foundation?
Carrington Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.carringtoncf.org
Learn more at the official website: www.carringtoncf.org
Mission Statement of Carrington Charitable Foundation
The Carrington Charitable Foundation serves as a platform to support nonprofit organizations and communities across the United States, aligning with the interests of the company's leaders and employees. Its primary mission is to work collaboratively as a community of support for recognized charitable organizations presented to the foundation by the employees and associates of the Carrington Family of Companies. The foundation aims to raise funds for these organizations and encourage the volunteer activities of nearly 4,000 employees and associates from various Carrington affiliated companies, contributing to their communities.
In addition to its general support for various charitable organizations, Carrington Charitable Foundation has a special focus on veterans. Through signature programs, the foundation honors the sacrifices of servicemembers who have dedicated their lives to protecting the country's freedom, particularly those returning from post-9/11 conflict battlefields. These programs aim to provide mobility, stability, purpose, and prosperity for these veterans, addressing their unique needs and challenges.
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Impact
October, 2024
Carrington Charitable Foundation (CCF) makes a significant impact on the lives of U.S. military veterans through its focused initiatives that enhance Mobility, Stability, Purpose, and Prosperity. One of its primary features is the Veteran’s Airlift Command, which offers critical transportation support to veterans.
With the Carrington House initiative, CCF builds and retrofits specially designed homes for injured veterans. This program ensures that these individuals can live independently while addressing the specific needs arising from their injuries. Since its inception in 2017, the program has provided modified homes to qualifying wounded veteran families, greatly improving their quality of life.
Furthermore, CCF fosters entrepreneurship opportunities for veterans, helping them to transition successfully into civilian life. Through collaboration with various charitable organizations favored by the Carrington family of companies, the foundation mobilizes almost 4,000 employees in volunteer activities, thereby strengthening community bonds and enhancing support for veteran-focused causes.
In honoring the sacrifices of servicemen and women, CCF proves to be an essential platform in creating lasting and meaningful change for veterans across the United States.
This information is meant to be a general summary of Carrington Charitable 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.
- Gross Receipts: $2,536,146
Assets and Liabilities:
- Total Assets: $2,537,869
- Total Liabilities: $575,297
- Net Assets: $1,962,572
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Organization Details
Founding Year
2010
Phone
(203) 661-6186Principal Officer
Tim Richthammer
Main Address
25 ENTERPRISE 5th FL, ALISO VIEJO, CA, 92656
Website
www.carringtoncf.orgNTEE Category
Code: T20 - Philanthropy
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