Overview
What is Tr Uw Rose W Drucker-Res Trust?
The Tr Uw Rose W Drucker-Res Trust serves as a financial resource, investing its trust assets with the primary objective of generating income. This income is then distributed to the charitable organizations listed in its governing document, such as the Bon Secours Mercy Health Foundation and the Jewish Home of Cincinnati. By doing so, this nonprofit organization supports these charities in their respective missions and initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Star Rating).
Tr Uw Rose W Drucker-Res Trust has received a Two-Star rating from Charity Navigator, indicating areas that require improvement in its accountability and finance practices. The overall score is based solely on the accountability and finance beacon, with a score of 60%. This reflects a need for stronger governance practices, particularly in board independence and transparency.
The organization does have some strengths, such as a high program expense ratio of 77.81%, indicating that a significant portion of its expenses goes directly towards its programs. Additionally, it has demonstrated no material diversion of assets and maintains a good liabilities to assets ratio at 0.00%, which suggests financial stability in that regard. However, the charity falls short in key areas, including having no independent board members and missing policies for whistleblower protections and document retention.
Furthermore, the charity's website lacks essential information as it is missing from its tax form, which may hinder transparency and public trust. While it has a conflict of interest policy in place, the absence of other critical governance documents raises concerns about its commitment to best practices in nonprofit management. Overall, while there are positive aspects to the organization, significant improvements are needed in governance and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Tr Uw Rose W Drucker-Res Trust legitimate?
Tr Uw Rose W Drucker-Res Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tr Uw Rose W Drucker-Res Trust 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: $18,084
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Tr Uw Rose W Drucker-Res Trust?
The Tr Uw Rose W Drucker-Res Trust's mission is to invest its assets to generate income, which is then distributed to the charities specified in its governing document. This includes organizations like the Bon Secours Mercy Health Foundation and the Jewish Home of Cincinnati. The primary aim of the trust is to provide financial support to these charities, contributing to their ongoing operations and initiatives. The specific nature and goals of these charities are not outlined in the provided information.
Who is the CEO of Tr Uw Rose W Drucker-Res Trust?
Unavailable
What is the revenue of Tr Uw Rose W Drucker-Res Trust?
Tr Uw Rose W Drucker-Res Trust's revenue in 2022 was $40,754.
Who are the executives of Tr Uw Rose W Drucker-Res Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $18,084
- Related: $0
- Other: $0
Where can I find the form 990 for Tr Uw Rose W Drucker-Res Trust?
Tr Uw Rose W Drucker-Res Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tr Uw Rose W Drucker-Res Trust
The Tr Uw Rose W Drucker-Res Trust is dedicated to investing its trust assets with the primary objective of generating income. This income is then distributed to the charities outlined in its governing document. By fulfilling this mission, the trust aims to support the causes and initiatives of these charitable organizations, contributing to their ongoing operations and impact in their respective fields. Among the beneficiaries of the Tr Uw Rose W Drucker-Res Trust's income distributions are the Bon Secours Mercy Health Foundation and the Jewish Home of Cincinnati.
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Impact
October, 2024
Tr Uw Rose W Drucker-Res Trust significantly impacts the charitable landscape by strategically investing its trust assets to generate income for various causes. The income produced is then distributed to organizations outlined in its governing document, such as the Bon Secours Mercy Health Foundation and the Jewish Home of Cincinnati. This model ensures a sustainable flow of financial support to these charities, enabling them to enhance their services, expand their reach, and better serve their communities in Cincinnati and beyond. Through its philanthropic approach, the trust plays a vital role in supporting healthcare and social services, making a meaningful difference in the lives of those in need.
This information is meant to be a general summary of Tr Uw Rose W Drucker-Res Trust. 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: $40,754
- Gross Receipts: $802,118
Assets and Liabilities:
- Total Assets: $1,192,784
- Total Liabilities: $0
- Net Assets: $1,192,784
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Organization Details
Founding Year
1966
Phone
(513) 534-5310Main Address
PO BOX 630858, CINCINNATI, OH, 452630858
NTEE Category
Code: T20 - Philanthropy
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