Overview
What is Gnof Support Foundation?
The Gnof Support Foundation is a charitable organization situated in New Orleans, Louisiana, with the address 919 St. Charles Ave, 70130. Its primary purpose is to support the Greater New Orleans Foundation, another nonprofit organization that falls under the 501(C)3 exemption category. The Gnof Support Foundation's mission remains aligned with that of the Greater New Orleans Foundation, focusing on serving the community and contributing to its betterment. The specifics of their activities or initiatives are not provided in the given information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating. The Gnof Support Foundation has received an overall score of 84%, primarily reflecting its strong performance in accountability and finance. This rating is significant as it indicates a solid commitment to responsible management of resources, which is essential for donor trust and support.
The foundation shows noteworthy strengths, particularly in its governance structure, with 66% of its board members being independent. It has no reported material diversion of assets, and it adheres to best practices through policies on conflict of interest, whistleblower protections, and document retention. The organization also displays exceptional financial efficiency, with a program expense ratio of 99.90%, indicating that nearly all funds are directed toward its programs.
Despite these positive aspects, the rating is solely based on accountability and finance metrics, which may limit the overall evaluation of the foundation's impact and effectiveness in fulfilling its mission. However, the strong financial practices and governance policies do suggest a well-managed organization focused on serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Gnof Support Foundation legitimate?
Gnof Support Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gnof Support 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 Gnof Support Foundation?
The Gnof Support Foundation was established with a specific purpose, aimed at supporting the Greater New Orleans Foundation, a non-profit organization exempt under 501(C)3. The mission of the Gnof Support Foundation is to contribute to the objectives of the Greater New Orleans Foundation, thereby contributing to various charitable causes and initiatives. The exact nature of the support or the specific missions of the Greater New Orleans Foundation are not detailed in the provided information.
What is the revenue of Gnof Support Foundation?
Gnof Support Foundation's revenue in 2023 was $35,201.
Who are the executives of Gnof Support Foundation and what are their salaries?
There 2 volunteers at Gnof Support Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $393,640
- Other: $55,624
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Gnof Support Foundation?
Gnof Support Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Gnof Support Foundation
The Gnof Support Foundation was established with a specific purpose: to support the work of the Greater New Orleans Foundation, a non-profit organization that operates under the 501(c)3 tax exemption. This foundation's mission, in essence, is to contribute to the efforts and initiatives of the Greater New Orleans Foundation, furthering its charitable objectives. The Gnof Support Foundation's role is instrumental in promoting the cause of this parent organization, ensuring its continued success and impact in its respective field.
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Impact
October, 2024
The Gnof Support Foundation plays a crucial role in enhancing the philanthropic efforts within the Greater New Orleans area. By providing support to the Greater New Orleans Foundation, it amplifies the impact of community initiatives aimed at addressing local needs. The foundation’s focus is to foster growth, development, and sustainability in the region, enabling a broad range of projects that benefit the community.
Through its strategic support, the Gnof Support Foundation is instrumental in helping to fund various programs and services that promote social equity, economic empowerment, and community resilience. This collaborative approach not only strengthens the foundation's mission but also enriches the fabric of the Greater New Orleans community, ensuring that resources are directed to where they are most needed.
Overall, the foundation's efforts contribute significantly to the philanthropic landscape, creating lasting impacts that improve the quality of life for residents in the Greater New Orleans area.
This information is meant to be a general summary of Gnof Support 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 2023.
- Gross Receipts: $35,201
Assets and Liabilities:
- Total Assets: $1,192,328
- Total Liabilities: $17,625
- Net Assets: $1,174,703
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Organization Details
Founding Year
2000
Principal Officer
Andrew Kopplin
NTEE Category
Code: T195 - Philanthropy
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