Overview
What is Corona & Frederick Lewis Char Tr?
Corona & Frederick Lewis Char Tr is a nonprofit organization situated in St. Petersburg, Florida. Their primary charitable purpose includes the preservation of nature and wildlife, the preservation and memorialization of history, and providing assistance to Native Americans. The organization's activities are focused on distributing funds to supported organizations, as outlined in their trust document.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%
The Corona & Frederick Lewis Charitable Trust has received a One-Star out of Four Star rating from Charity Navigator, reflecting a score of 53%. This score indicates significant concerns regarding the charity's accountability and transparency practices. Notably, the organization has no independent board members, which raises questions about governance and oversight.
Despite the weaknesses in its governance and policy documentation, the charity maintains a strong program expense ratio of 76.48%, suggesting that a substantial portion of its funds is directed toward its programs. Additionally, there are no indications of material diversion of assets, which is a positive aspect. However, the lack of basic policies such as conflict of interest and whistleblower protections could undermine its operational integrity.
Overall, while the charity demonstrates a commitment to its programs, the glaring absence of independent oversight and essential governance policies limits its effectiveness and accountability. Potential donors should consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Corona & Frederick Lewis Char Tr legitimate?
Corona & Frederick Lewis Char Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corona & Frederick Lewis Char Tr 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: $20,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Corona & Frederick Lewis Char Tr?
The Corona & Frederick Lewis Charitable Trust has a charitable purpose focused on three key areas. Firstly, it aims to preserve nature and wildlife. Secondly, it seeks to preserve and memorialize history. Lastly, it provides charitable assistance to Native Americans. In essence, the trust's mission is to contribute to the conservation of the environment, the preservation of historical sites, and the welfare of Native American communities. Its activities involve providing financial support to organizations that align with these objectives, as outlined in the trust document.
Who is the CEO of Corona & Frederick Lewis Char Tr?
Unavailable
What is the revenue of Corona & Frederick Lewis Char Tr?
Corona & Frederick Lewis Char Tr's revenue in 2022 was $30,483.
Who are the executives of Corona & Frederick Lewis Char Tr and what are their salaries?
There is 1 key member and their salary:
- Compensation: $20,742
- Related: $0
- Other: $0
Where can I find the form 990 for Corona & Frederick Lewis Char Tr?
Corona & Frederick Lewis Char Tr's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Corona & Frederick Lewis Char Tr
Corona & Frederick Lewis Char Tr is a nonprofit organization with a multifaceted mission. At its core, the charity aims to preserve nature and wildlife, serving as a guardian for the environment. Beyond this, it also seeks to preserve and memorialize history, honoring the past for future generations. Furthermore, the organization demonstrates a commitment to charitable assistance towards Native Americans, supporting initiatives that benefit this community. Through distributions to supported organizations named in the trust document, Corona & Frederick Lewis Char Tr carries out its mission, making significant contributions to various causes.
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Impact
October, 2024
Corona & Frederick Lewis Charitable Trust plays a vital role in the preservation of nature and wildlife, contributing significantly to environmental conservation efforts. Its focus on preserving and memorializing history ensures that vital cultural narratives and heritage are maintained, fostering a deeper understanding of the past. Additionally, the trust's charitable assistance to Native Americans highlights its commitment to supporting marginalized communities, helping to address historical injustices and promote their welfare. By providing resources to organizations aligned with these purposes, the trust actively enhances both ecological sustainability and cultural integrity in St. Petersburg, FL, and beyond.
This information is meant to be a general summary of Corona & Frederick Lewis Char Tr. 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: $30,483
- Gross Receipts: $124,204
Assets and Liabilities:
- Total Assets: $1,353,211
- Total Liabilities: $0
- Net Assets: $1,353,211
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Organization Details
Founding Year
2017
Phone
(727) 567-2300Main Address
P O BOX 23559, ST PETERSBURG, FL, 33742
NTEE Category
Code: T20 - Philanthropy
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