Overview
What is Ohio Grocers Foundation?
The Ohio Grocers Foundation is a nonprofit organization situated in Columbus, Ohio, with a specific focus on supporting the grocery business. By advocating for related issues, this foundation aims to advance and promote the food industry and related careers. One of their primary methods for achieving this goal is through education and tuition reimbursement. In 2021, they awarded five scholarships worth $1,000 each and paid the second half of two additional scholarships worth $500 each. The foundation's efforts contribute to the enhancement and development of careers within this sector.
Official website here: www.ohiogrocersfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Ohio Grocers Foundation has received a Three-Star rating based on a 76% score, which reflects a strong emphasis on accountability and finance. The organization benefits from a fully independent board, which is crucial for maintaining ethical standards and transparency in operations. The absence of any material diversion of assets further underscores the foundation’s commitment to financial integrity.
However, there are notable gaps in the foundation's policies, specifically the lack of a conflict of interest policy and a whistleblower policy, which are essential for promoting trust and safeguarding against potential risks. Additionally, the absence of a document retention and destruction policy indicates a need for improvement in governance practices. Despite these limitations, the foundation demonstrates solid financial metrics, including a program expense ratio of 73.48%, indicating a significant portion of its budget is directed towards its programs.
Overall, while the Ohio Grocers Foundation displays strengths in financial management and board independence, addressing its policy deficiencies could enhance its overall effectiveness and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio Grocers Foundation legitimate?
Ohio Grocers Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Grocers 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.ohiogrocersfoundation.org
What is the mission statement of Ohio Grocers Foundation?
The Ohio Grocers Foundation serves to advocate for issues within the grocery business, with the primary objective of promoting and enhancing the food industry and related careers. They achieve this through education and tuition reimbursement initiatives. The foundation's activities are geared towards supporting the industry by providing opportunities for education and financial aid, thereby fostering growth in the field.
In line with its mission, the foundation awarded five scholarships valued at $1,000 each and covered the second half of two 2021 scholarships worth $500. This demonstrates their commitment to investing in the future of the grocery business and the individuals who are eager to contribute to its growth.
Official website here: www.ohiogrocersfoundation.org
Who is the CEO of Ohio Grocers Foundation?
Kristin M Mullins is the Chairman of Ohio Grocers Foundation. The CEO's salary of Ohio Grocers Foundation is $0 and their total compensation is $0.
Official website here: www.ohiogrocersfoundation.org
What is the revenue of Ohio Grocers Foundation?
Ohio Grocers Foundation's revenue in 2022 was $1,280.
Official website here: www.ohiogrocersfoundation.org
Who are the executives of Ohio Grocers Foundation and what are their salaries?
There 20 volunteers at Ohio Grocers Foundation.
Here are 7 key members and their salaries (Ohio Grocers Foundation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.ohiogrocersfoundation.org
Where can I find the form 990 for Ohio Grocers Foundation?
Ohio Grocers Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ohiogrocersfoundation.org
Learn more at the official website: www.ohiogrocersfoundation.org
Mission Statement of Ohio Grocers Foundation
The Ohio Grocers Foundation serves as an advocate for matters pertaining to the grocery business. Its mission is centered around promoting and enhancing the food industry and related careers. The foundation achieves this goal through various means, primarily education and tuition reimbursement. By doing so, it aims to elevate the grocery business and the careers associated with it. The Ohio Grocers Foundation has demonstrated its commitment to this mission by awarding scholarships and contributing towards the second half of other scholarships in 2021.
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Impact
October, 2024
The Ohio Grocers Foundation significantly impacts the grocery industry by promoting and enhancing food-related careers through education and financial support. By advocating for key issues in the grocery business, it helps to elevate the visibility and importance of the industry.
In recent initiatives, the foundation awarded five scholarships worth $1,000 each and provided an additional $500 for two previously awarded scholarships, directly supporting individuals pursuing careers in the food sector. These efforts not only alleviate financial barriers to education but also foster a skilled workforce dedicated to the grocery industry in Ohio. Through such initiatives, the foundation contributes to the growth of the food industry, ensuring a robust future for both professionals and consumers alike.
This information is meant to be a general summary of Ohio Grocers 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: $1,280
- Gross Receipts: $70,364
Assets and Liabilities:
- Total Assets: $46,160
- Total Liabilities: $4,000
- Net Assets: $42,160
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Organization Details
Founding Year
1993
Phone
(614) 442-5511Principal Officer
Kristin M Mullins
Main Address
1335 Dublin Road, Columbus, OH, 43215
NTEE Category
Code: B82 - Education
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