Overview
What is Peak Trust Donor Advised Fund Inc?
Peak Trust Donor Advised Fund Inc, situated in Anchorage, Alaska, serves as a conduit for charitable donations. Their primary role is to connect donors with the resources and opportunities necessary to achieve their philanthropic objectives. By functioning as a donor-advised fund, Peak Trust distributes grants to eligible 501(c)(3) nonprofit organizations, thereby facilitating charitable giving.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Peak Trust Donor Advised Fund Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance with a score of 75%. This score is derived entirely from the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible financial practices.
The organization demonstrates strong governance, with 100% of its board members being independent, and it maintains a small board size, which can facilitate efficient decision-making. Additionally, there are no reported material diversions of assets, which signifies a high level of integrity in managing donor funds. The organization also has comprehensive policies in place, including conflict of interest and document retention policies, further supporting its accountability framework.
One of the standout features of Peak Trust is its impressive program expense ratio of 98.79%, indicating that nearly all its resources are directed towards its charitable programs. This exemplary ratio suggests a strong dedication to fulfilling its mission. However, the overall rating being based solely on financial accountability may limit insights into other operational or effectiveness aspects of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Peak Trust Donor Advised Fund Inc legitimate?
Peak Trust Donor Advised Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peak Trust Donor Advised Fund 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
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What is the mission statement of Peak Trust Donor Advised Fund Inc?
Peak Trust Donor Advised Fund Inc's mission is centered around linking donors with the necessary resources and prospects to realize their charitable objectives. By doing so, the organization serves as a bridge, providing donors with the necessary information and opportunities to make a significant impact in their chosen causes. The fund's primary activity involves distributing grants to 501(c)(3) organizations, helping to further their charitable initiatives.
Who is the CEO of Peak Trust Donor Advised Fund Inc?
Jamie Rowley is the Principal Officer of Peak Trust Donor Advised Fund Inc.
What is the revenue of Peak Trust Donor Advised Fund Inc?
Peak Trust Donor Advised Fund Inc's revenue in 2022 was $1,426,064.
Who are the executives of Peak Trust Donor Advised Fund Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Peak Trust Donor Advised Fund Inc?
Peak Trust Donor Advised Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Peak Trust Donor Advised Fund Inc
Peak Trust Donor Advised Fund Inc serves as a bridge, connecting donors with the necessary information and chances to achieve their charitable objectives. The organization's primary mission is to facilitate this connection, offering donors a platform to realize their philanthropic aspirations. By distributing grants to eligible 501(c)(3) organizations, Peak Trust Donor Advised Fund Inc plays a crucial role in channeling donor funds towards worthy causes, thereby contributing to societal improvements.
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Impact
October, 2024
Peak Trust Donor Advised Fund Inc significantly impacts the philanthropic landscape by connecting donors with essential information and opportunities to achieve their charitable goals. By facilitating the distribution of grants to 501(c)(3) organizations, it streamlines the philanthropic process, making it easier for individuals to support causes they care about. Based in Anchorage, AK, the organization empowers donors to make informed decisions, thereby maximizing the effectiveness of their charitable contributions and enhancing the overall impact of philanthropy in their communities.
This information is meant to be a general summary of Peak Trust Donor Advised Fund 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: $829,809
- Gross Receipts: $1,426,064
Assets and Liabilities:
- Total Assets: $4,144,349
- Total Liabilities: $0
- Net Assets: $4,144,349
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Organization Details
Founding Year
2010
Phone
(907) 278-6775Principal Officer
Jamie Rowley
Main Address
3350 MIDTOWN PLACE 300, ANCHORAGE, AK, 99503
NTEE Category
Code: T31 - Philanthropy
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