Overview
What is Cincinnati Bar Foundation?
The Cincinnati Bar Foundation is a nonprofit organization established in 1961, located in Cincinnati, Ohio. Its primary mission is to promote justice and positively impact the local community by fostering a deeper understanding and respect for the law, particularly among youth. The foundation achieves this through grants focused on four key areas: enhancing legal education, improving the administration of justice, supporting affordable legal services for disadvantaged individuals, and encouraging professionalism among lawyers. By providing seed money and grants on a semi-annual basis, the Cincinnati Bar Foundation serves as a vital resource in the Greater Cincinnati area, working to uphold the legal profession, enhance the justice system, and enrich the community as a whole.
Official website here: www.cincybar.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Cincinnati Bar Foundation has achieved an impressive score of 97%, which reflects its strong performance in accountability and finance. This high rating indicates the organization operates with a high degree of transparency and commitment to responsible financial management. Notably, the foundation has a fully independent board, which enhances its governance and oversight capabilities.
The foundation demonstrates sound fiscal management with a low liabilities to assets ratio of 0.19% and a program expense ratio of 73.09%, meaning that a significant portion of its resources is directed towards its mission-driven programs. The presence of comprehensive policies regarding conflicts of interest, whistleblowing, and document retention indicates a well-structured organization that prioritizes integrity and accountability.
While the foundation has overall strengths in governance and financial health, the data does not highlight any significant weaknesses or areas for improvement. This positions the Cincinnati Bar Foundation as a trustworthy option for donors looking to support an organization with a solid operational framework.
This AI summary has been generated from information found on Charity Navigator.
Is Cincinnati Bar Foundation legitimate?
Cincinnati Bar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Bar 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:
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Other Salaries and Wages: $72,072
For more financial information, click here
Official website here: www.cincybar.org/foundation
What is the mission statement of Cincinnati Bar Foundation?
The Cincinnati Bar Foundation's mission is centered around promoting justice and positively impacting lives through the law. They strive to serve the legal profession, the justice system, and their community by focusing their grant-making efforts in four key areas. These areas include fostering a deep understanding and respect for the law within the community, particularly among young people. They also aim to enhance the quality and efficiency of the justice system, provide affordable legal services to disadvantaged groups such as the poor and elderly, and encourage professionalism and civility in the legal field.
Official website here: www.cincybar.org/foundation
Who is the CEO of Cincinnati Bar Foundation?
Anthony L Osterlund is the Trustee of Cincinnati Bar Foundation.
Official website here: www.cincybar.org/foundation
What is the revenue of Cincinnati Bar Foundation?
Cincinnati Bar Foundation's revenue in 2022 was $568,062.
Official website here: www.cincybar.org/foundation
Who are the executives of Cincinnati Bar Foundation and what are their salaries?
There 68 volunteers at Cincinnati Bar Foundation.
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Official website here: www.cincybar.org/foundation
Where can I find the form 990 for Cincinnati Bar Foundation?
Cincinnati Bar Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cincybar.org/foundation
Learn more at the official website: www.cincybar.org/foundation
Mission Statement of Cincinnati Bar Foundation
The Cincinnati Bar Foundation is committed to promoting justice and making a significant impact on lives through the law. Their mission is geared towards serving the legal profession, the justice system, and the broader Cincinnati community. The organization focuses its grant-making efforts on four key areas:
1. Enhancing knowledge and fostering respect for the law within the community, particularly among young people. This initiative aims to ensure that individuals have a solid understanding of the law and its importance in shaping society.
2. Improving the quality and administration of justice in all its facets. The Cincinnati Bar Foundation works diligently to address issues related to the justice system, striving for improvements in its overall functioning and fairness.
3. Supporting the delivery of legal services at an affordable cost for disadvantaged groups, such as the poor, elderly, and other underprivileged individuals. This aspect of the mission ensures that everyone, regardless of their financial situation, has access to necessary legal aid.
4. Encouraging professionalism and civility in the practice of law. The foundation recognizes the significance of maintaining high ethical standards and fostering a respectful professional environment within the legal community.
In essence, the Cincinnati Bar Foundation's mission is centered around promoting justice, shaping young minds, strengthening the justice system, and upholding professional standards in the legal profession to better serve the community.
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Impact
July, 2024
The Cincinnati Bar Foundation's impact lies in promoting justice and changing lives through the law. By focusing on enhancing knowledge and understanding of the law, improving the quality and administration of justice, supporting the delivery of legal services to the disadvantaged, and fostering professionalism in the legal profession, the foundation plays a crucial role in serving the Greater Cincinnati community. Their grant-making efforts in these key areas have contributed to a more just and equitable society, benefiting both individuals in need of legal assistance and the legal profession as a whole.
This information is meant to be a general summary of Cincinnati Bar 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: $351,965
- Gross Receipts: $1,101,437
Assets and Liabilities:
- Total Assets: $3,761,362
- Total Liabilities: $44,060
- Net Assets: $3,717,302
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Organization Details
Founding Year
1961
Phone
(513) 699-4014Principal Officer
Anthony L Osterlund
Main Address
225 East Sixth Street 2nd Floor, Cincinnati, OH, 45202
Website
www.cincybar.org/foundationNTEE Category
Code: I02 - Crime
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