Overview
What is The Robert F Wolfe & Edgar T Wolfe Foundation?
The Robert F Wolfe & Edgar T Wolfe Foundation is a charitable organization affiliated with The Columbus Foundation. Their primary mission is to support various community-focused nonprofits by providing financial assistance. As a leading supporter, they aim to make a significant impact on local communities through their philanthropic efforts.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
The Robert F Wolfe & Edgar T Wolfe Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting strong performance in the areas of accountability and finance. The foundation's overall score is derived solely from its 90% accountability and finance score, indicating a high level of financial health and transparency within the organization.
The foundation boasts an independent board consisting entirely of independent members, which is a key strength. It has achieved full marks in various areas, such as having no material diversions of assets and maintaining a comprehensive conflict of interest policy. Additionally, the financial statements undergo thorough audits, ensuring reliability and adherence to best practices in governance.
With a program expense ratio of 84.09%, the foundation demonstrates a commitment to using the majority of its resources for its programs. This strong financial prudence is highlighted by a low liabilities to assets ratio of 0.13%, suggesting effective management of its financial obligations. Overall, the foundation's strong performance metrics reflect its dedication to accountability and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is The Robert F Wolfe & Edgar T Wolfe Foundation legitimate?
The Robert F Wolfe & Edgar T Wolfe Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Robert F Wolfe & Edgar T Wolfe 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 The Robert F Wolfe & Edgar T Wolfe Foundation?
The Robert F Wolfe & Edgar T Wolfe Foundation serves as a supporting organization for charitable causes, with a focus on benefiting the community. Established under The Columbus Foundation, the organization's primary goal is to lend its support to various charitable entities. Their mission is geared towards enhancing the community's wellbeing through financial aid and resources. By providing assistance to these organizations, the foundation plays a crucial role in making a positive impact on people's lives. Its initiatives are geared towards creating lasting change and improving the overall social fabric of the community it serves.
Who is the CEO of The Robert F Wolfe & Edgar T Wolfe Foundation?
Scott Heitkamp is the Asst Treasurer of The Robert F Wolfe & Edgar T Wolfe Foundation.
What is the revenue of The Robert F Wolfe & Edgar T Wolfe Foundation?
The Robert F Wolfe & Edgar T Wolfe Foundation's revenue in 2022 was $98,426,815.
Who are the executives of The Robert F Wolfe & Edgar T Wolfe Foundation and what are their salaries?
Here are 8 key members and their salaries:
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- Related: $605,659
- Other: $51,618
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- Related: $355,752
- Other: $58,454
Where can I find the form 990 for The Robert F Wolfe & Edgar T Wolfe Foundation?
The Robert F Wolfe & Edgar T Wolfe Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Robert F Wolfe & Edgar T Wolfe Foundation
The Robert F Wolfe & Edgar T Wolfe Foundation, a charitable organization under the umbrella of The Columbus Foundation, is dedicated to making a positive impact on the community. With a mission to support other charitable organizations, this foundation plays a crucial role in enhancing the lives of many.
In simple terms, the Robert F Wolfe & Edgar T Wolfe Foundation serves as a catalyst for change by providing financial assistance to various charitable organizations. These groups, in turn, work towards improving the well-being of individuals and communities in need. By empowering these organizations, the foundation contributes significantly to the betterment of society.
Established with a noble purpose, the foundation's ultimate goal is to ensure that charitable resources reach those who need them the most. Through its generous support, it enables these organizations to thrive and carry out their missions effectively. The foundation's commitment to charitable causes not only touches the lives of individuals but also creates a ripple effect, bringing about larger, positive changes within the community.
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Impact
October, 2024
The Robert F Wolfe & Edgar T Wolfe Foundation plays a vital role in enhancing community welfare in Columbus, Ohio, by providing support to various charitable organizations. Through its partnership with The Columbus Foundation, it allocates resources to initiatives that address pressing community needs and foster social improvement. By emphasizing philanthropy, the foundation actively contributes to the development and sustainability of programs that benefit local residents, thereby creating a more vibrant and supportive environment for all. Its commitment to charitable giving not only addresses immediate needs but also promotes long-term positive change within the community.
This information is meant to be a general summary of The Robert F Wolfe & Edgar T Wolfe 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: $6,325,476
- Gross Receipts: $115,732,220
Assets and Liabilities:
- Total Assets: $383,864,315
- Total Liabilities: $23,021,885
- Net Assets: $360,842,430
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Organization Details
Founding Year
1989
Phone
(614) 251-4000Principal Officer
Scott Heitkamp
Main Address
1234 E BROAD ST, COLUMBUS, OH, 43205
NTEE Category
Code: T900 - Philanthropy
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