Overview
What is The Club Foundation?
The Club Foundation, located in Bethesda, Maryland, is a charitable organization with a mission to offer assistance in times of disaster, emergency, or extreme hardship. Established to support individuals employed by or affiliated with Congregational Country Club, Inc., as well as those in need within the local community, the foundation provides vital disaster relief and emergency hardship aid. Their work extends beyond club members, ensuring that deserving individuals and their immediate families receive the necessary assistance during challenging circumstances.
Official website here: wwww.ccclubfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
The Club Foundation has achieved a commendable Three-Star rating from Charity Navigator, largely based on its high Accountability & Finance score of 83%. This rating reflects the organization's commitment to financial transparency and responsible management, which is crucial for building trust with donors and stakeholders. The foundation has an independent board, with 100% of its members meeting this criterion, reinforcing its governance standards.
Strengths of The Club Foundation include a strong program expense ratio of nearly 95%, indicating that a significant portion of its funds is directed toward its programs and mission. Additionally, the foundation has successfully implemented policies for conflict of interest and maintains documented board meeting minutes, showcasing effective oversight. However, it is noted that the foundation lacks a whistleblower policy and a document retention and destruction policy, areas that could benefit from improvement.
Overall, The Club Foundation demonstrates solid financial practices and governance, which are essential for nonprofit efficacy. While there are some areas needing attention, the organization's strengths position it well within the nonprofit sector, offering confidence to potential supporters and beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is The Club Foundation legitimate?
The Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Club 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:
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For more financial information, click here
Official website here: wwww.ccclubfoundation.org
What is the mission statement of The Club Foundation?
The Club Foundation is a charitable organization with a mission to offer assistance in times of disaster, emergency, or extreme hardship. This aid is extended to individuals who work at the club or reside in the surrounding community. Specifically, the foundation provides disaster relief and emergency hardship assistance to deserving individuals and their immediate family members, which includes those employed by or affiliated with Congressional Country Club, Inc., as well as individuals in need within the local community. The foundation's grant assistance program is geared towards addressing these specific needs.
Official website here: wwww.ccclubfoundation.org
Who is the CEO of The Club Foundation?
Veronica Cole is the President of The Club Foundation.
Official website here: wwww.ccclubfoundation.org
What is the revenue of The Club Foundation?
The Club Foundation's revenue in 2022 was $89,050.
Official website here: wwww.ccclubfoundation.org
Who are the executives of The Club Foundation and what are their salaries?
There 12 volunteers at The Club Foundation.
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Official website here: wwww.ccclubfoundation.org
Where can I find the form 990 for The Club Foundation?
The Club Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: wwww.ccclubfoundation.org
Learn more at the official website: wwww.ccclubfoundation.org
Mission Statement of The Club Foundation
The Club Foundation, a charitable organization, is committed to being there for individuals and their families in times of disaster, emergency, or extreme hardship. Its mission is to provide disaster relief and emergency hardship assistance to deserving individuals, extending this aid not only to those employed by or affiliated with Congressional Country Club, Inc., but also to individuals in need within the local community. The foundation aims to offer grant assistance during such challenging times, ensuring that those in need can receive the necessary support to navigate through their difficulties.
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Impact
October, 2024
The Club Foundation has a significant impact by providing critical support during times of disaster, emergencies, and hardships faced by individuals and families. Its mission focuses on being a reliable source of relief for those working at the Congressional Country Club and residents in the surrounding community.
Through grant assistance, The Club Foundation addresses the urgent needs of deserving individuals, ensuring that they receive necessary financial aid during challenging times. This targeted support not only helps individuals cope with immediate crises but also fosters a sense of community and resilience among those in need. By standing ready to assist in times of distress, The Club Foundation plays a vital role in enhancing the safety and well-being of both its members and the local population in Bethesda, MD.
This information is meant to be a general summary of The Club 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.
- Investment Income: $5,167
- Gross Receipts: $89,050
Assets and Liabilities:
- Total Assets: $521,606
- Total Liabilities: $5,650
- Net Assets: $515,956
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Organization Details
Founding Year
2010
Phone
(301) 469-2000Principal Officer
Veronica Cole
Main Address
8500 RIVER ROAD, BETHESDA, MD, 20817
Website
wwww.ccclubfoundation.orgNTEE Category
Code: P20 - Human services
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