Overview
What is California Legislative Lgbt Foundation?
The California Legislative LGBT Foundation is a nonprofit organization situated in Sacramento, California, specifically at 1017 L St Ste 222 Attn Jacob Fraker. Their primary objective is to educate, promote, and engage the public on matters significant to the LGBTQ community, thereby fostering civic engagement and cultivating community leaders. During 2022, they made charitable contributions to 21 like-minded organizations, with Equality California Institute receiving $200,000. By hosting events and supporting various charities, the organization bolsters its mission to amplify the voice and influence of the LGBTQ community.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The California Legislative LGBT Foundation has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The overall score is derived solely from the Accountability & Finance category, where the organization scored 76%. This rating suggests that while the foundation has strong governance structures in place, there are significant areas that require improvement, particularly in its conflict of interest and whistleblower policies.
The foundation excels in maintaining an independent board, achieving perfect scores in both the majority of independent board members and independent board size. They also demonstrate sound financial practices, evidenced by their low liabilities to assets ratio and substantial program expense ratio. These strengths contribute positively to the organization’s credibility and suggest a commitment to responsible financial management.
However, limitations in the foundation's operational policies are notable. The lack of a conflict of interest policy, whistleblower policy, and inadequate documentation practices, such as not posting their tax form online, raise concerns regarding transparency and accountability. Addressing these shortcomings is essential for enhancing the foundation's trustworthiness and overall effectiveness in serving the LGBT community.
This AI summary has been generated from information found on Charity Navigator.
Is California Legislative Lgbt Foundation legitimate?
California Legislative Lgbt Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Legislative Lgbt 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
Official website here: www.none
What is the mission statement of California Legislative Lgbt Foundation?
The California Legislative LGBT Foundation's mission is centered around educating, promoting, and engaging the public on issues that significantly impact the LGBTQ community. This mission aims to foster civic engagement and develop community leaders. The organization accomplishes this through hosting events and making contributions to like-minded charities. In the year 2022, the foundation showed its support by making contributions to 21 LGBTQ-related organizations, including a significant donation of $200,000 to Equality California Institute.
Official website here: www.none
Who is the CEO of California Legislative Lgbt Foundation?
Unavailable
Official website here: www.none
What is the revenue of California Legislative Lgbt Foundation?
California Legislative Lgbt Foundation's revenue in 2022 was $467,000.
Official website here: www.none
Who are the executives of California Legislative Lgbt Foundation and what are their salaries?
There 10 volunteers at California Legislative Lgbt Foundation.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $28,071
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- Other: $0
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of California Legislative Lgbt Foundation
The California Legislative LGBT Foundation, in its mission, aims to educate, promote, and engage the public on matters of significance to the LGBTQ community. This nonprofit organization strives to foster civic engagement and nurture future community leaders by focusing on issues that impact this community. Through hosting events and providing financial support to like-minded charities, the California Legislative LGBT Foundation seeks to raise awareness and inspire action. In 2022, the organization demonstrated its commitment by making contributions to 21 LGBTQ-related 501c3 organizations, with a notable donation of $200,000 to Equality California Institute.
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Impact
July, 2024
The California Legislative LGBT Foundation has a significant impact on the LGBTQ community in California. Through its events and contributions to like-minded charities, the organization works to educate, promote, and engage the public on important issues affecting the LGBTQ community. In 2022, the organization supported 21 LGBTQ-related 501(c)(3) organizations, including a substantial contribution of $200,000 to Equality California Institute. By fostering civic engagement and developing community leaders, the foundation plays a vital role in advancing LGBTQ rights and advocacy in Sacramento and beyond.
This information is meant to be a general summary of California Legislative Lgbt 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: $467,000
Assets and Liabilities:
- Total Assets: $447,439
- Total Liabilities: $0
- Net Assets: $447,439
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Organization Details
Founding Year
2015
Phone
(916) 348-9100Main Address
1017 L St Ste 222 Attn Jacob Fraker, SACRAMENTO, CA, 958143805
Website
www.noneNTEE Category
Code: B82 - Education
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