Overview
What is Cingari Family Foundation?
The Cingari Family Foundation is a nonprofit organization situated in Norwalk, Connecticut, specifically at CO SHOPRITE 360 CONNECTICUT AVE. Their primary mission is to raise funds for charitable organizations. As part of their activities, they conduct a fundraiser for two specific causes: the Kabuki Syndrome Foundation and the Food Bank of Lower Fairfield County. In addition to fundraising, the foundation also invests in assets of other section 501(C)(3) organizations and engages in grant making.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star Rating
The Cingari Family Foundation has received a 77% score from Charity Navigator, reflecting a solid performance, particularly in the Accountability & Finance category. This rating indicates the foundation's commitment to transparency and effective financial management, which is crucial for building trust with donors and stakeholders.
The foundation boasts a fully independent board, with 100% of its members meeting this criterion, and it has no issues related to material diversion of assets. It also demonstrates strong financial health with a program expense ratio of 98.98%, ensuring that nearly all of its resources are directed toward its mission. However, the organization has some gaps in policies, including missing documents related to whistleblower protection and board meeting minutes, which could hinder its overall accountability.
While the foundation shows robust financial practices, the absence of certain governance documents may raise concerns about its operational transparency. Overall, it is recognized for its effective allocation of funds, but addressing the noted limitations could enhance its standing further in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Cingari Family Foundation legitimate?
Cingari Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cingari Family 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
What is the mission statement of Cingari Family Foundation?
The Cingari Family Foundation's primary objective is to raise funds for charitable organizations. In line with this mission, the foundation engages in fundraising activities and makes grants to Section 501(C)(3) organizations. Additionally, the foundation invests its assets to support its charitable endeavors. As part of its major programs, the foundation conducted a fundraiser for the Kabuki Syndrome Foundation and the Food Bank of Lower Fairfield County.
Who is the CEO of Cingari Family Foundation?
Thomas F Cingari is the Trustee of Cingari Family Foundation. The CEO's salary of Cingari Family Foundation is $0 and their total compensation is $0.
What is the revenue of Cingari Family Foundation?
Cingari Family Foundation's revenue in 2022 was $132,165.
Who are the executives of Cingari Family Foundation and what are their salaries?
Here are 6 key members and their salaries (Cingari Family Foundation's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Cingari Family Foundation?
Cingari Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cingari Family Foundation
The Cingari Family Foundation, as an organization, is dedicated to raising funds for charitable causes. Their primary objective is twofold: they engage in fundraising activities and make grants to other 501(C)(3) nonprofit organizations. Furthermore, they invest their foundation assets to support their charitable endeavors. The foundation's mission is to contribute financially to organizations that aim to make a positive impact in various communities. In line with this mission, they have conducted a fundraiser for the Kabuki Syndrome Foundation and the Food Bank of Lower Fairfield County, demonstrating their commitment to supporting diverse charitable causes.
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Impact
October, 2024
The Cingari Family Foundation makes a significant impact through its fundraising efforts aimed at supporting charitable organizations. One of its major programs focuses on conducting fundraisers for the Kabuki Syndrome Foundation, which works to raise awareness and provide support for individuals affected by this genetic condition. Additionally, the foundation supports the Food Bank of Lower Fairfield County, addressing food insecurity in the community by providing essential resources to those in need. Through strategic grant-making and investment of its assets, the Cingari Family Foundation plays a crucial role in enhancing community welfare and promoting philanthropic initiatives that benefit various charitable causes.
This information is meant to be a general summary of Cingari Family 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: $199,734
Assets and Liabilities:
- Total Assets: $58,216
- Total Liabilities: $1,328
- Net Assets: $56,888
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Organization Details
Founding Year
2010
Phone
(203) 299-5747Principal Officer
Thomas F Cingari
Main Address
CO SHOPRITE 360 CONNECTICUT AVE, NORWALK, CT, 06854
NTEE Category
Code: T30 - Philanthropy
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