Overview
What is Sisters Of Charity Foundation Of Cleveland?
The Sisters of Charity Foundation of Cleveland is a charitable organization that focuses on uplifting those in need, particularly families, women, and children living in poverty. Situated in Cleveland, Ohio, the Foundation accomplishes its mission through various means, including grantmaking, collaboration, and advocacy. Its primary goal is to combat health disparities and enhance educational opportunities in Cuyahoga County. As a faithful organization, the Sisters of Charity Foundation of Cleveland upholds the values of Jesus Christ and the mission of its founders, the Sisters of Charity of St. Augustine. The Foundation also supports the ministries of Catholic Sisters and aims to resolve health and educational disparities within the Central Neighborhood of Cleveland.
Official website here: www.socfcleveland.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
The Sisters of Charity Foundation of Cleveland has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting an impressive score of 96% based entirely on its Accountability and Finance. This high rating indicates a strong commitment to transparency and effective financial management, showcasing the organization's dedication to serving its mission without concerns regarding financial mismanagement.
The foundation demonstrates significant strengths in governance, with an independent board that consists of 95% independent members and an appropriate board size. Its strong financial oversight is underscored by a comprehensive audit and oversight committee, highlighting the organization's commitment to maintaining the integrity of its financial operations. Additionally, the foundation's material diversion of assets is reported as none, further reinforcing trust in its financial practices.
Limitations were not noted in the available data, indicating that the organization is operating effectively within its financial framework. The high program expense ratio of 93.82% suggests that the majority of its funds are directed toward programmatic activities rather than administrative costs, which is a positive indicator for potential donors and stakeholders looking to support impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Sisters Of Charity Foundation Of Cleveland legitimate?
Sisters Of Charity Foundation Of Cleveland is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sisters Of Charity Foundation Of Cleveland 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: $188,718
Professional Fundraising Fees: $22,000
Other Salaries and Wages: $922,804
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Official website here: www.socfcleveland.org
What is the mission statement of Sisters Of Charity Foundation Of Cleveland?
The Sisters of Charity Foundation of Cleveland, rooted in its faith as a ministry of the Sisters of Charity of St. Augustine, strives to enhance the lives of those most in need, with a particular focus on families and women and children living in poverty. The foundation aims to combat homelessness, support the ministries of Catholic Sisters, and tackle health and educational disparities within Cleveland's Central Neighborhood. Their mission encompasses working towards ending homelessness and resolving issues related to health and education for vulnerable individuals and families.
Official website here: www.socfcleveland.org
Who is the CEO of Sisters Of Charity Foundation Of Cleveland?
Janice Murphy is the Board Member of Sisters Of Charity Foundation Of Cleveland.
Official website here: www.socfcleveland.org
What is the revenue of Sisters Of Charity Foundation Of Cleveland?
Sisters Of Charity Foundation Of Cleveland's revenue in 2022 was $6,674,926.
Official website here: www.socfcleveland.org
Who are the executives of Sisters Of Charity Foundation Of Cleveland and what are their salaries?
Here are 22 key members and their salaries:
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Official website here: www.socfcleveland.org
Where can I find the form 990 for Sisters Of Charity Foundation Of Cleveland?
Sisters Of Charity Foundation Of Cleveland's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.socfcleveland.org
Learn more at the official website: www.socfcleveland.org
Mission Statement of Sisters Of Charity Foundation Of Cleveland
The Sisters of Charity Foundation of Cleveland, rooted in their faith as a ministry of the Sisters of Charity of St. Augustine, is dedicated to improving the lives of the most vulnerable individuals, with a particular focus on families and women and children living in poverty. Their mission is twofold: firstly, they aim to end homelessness in their community. Secondly, they support the ministries of Catholic Sisters and work towards resolving health and educational disparities for individuals and families residing in Cleveland's Central Neighborhood. The Sisters of Charity Foundation takes a comprehensive approach, addressing not just the immediate needs but also seeking to empower these communities to overcome long-term challenges.
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Impact
October, 2024
The Sisters of Charity Foundation of Cleveland significantly impacts the lives of underserved populations in Cuyahoga County, particularly families, women, and children living in poverty. By addressing critical needs through health, education, and social services, the Foundation is dedicated to improving opportunities and outcomes for those facing challenges in these areas.
Through strategic grantmaking, collaboration, and advocacy, the Foundation actively works to reduce health disparities and enhance educational accessibility. This commitment is rooted in a mission that reflects the values of the Sisters of Charity of St. Augustine, aiming to make a meaningful difference in the community by caring for those most in need.
Focused particularly on Cleveland's Central Neighborhood, the Foundation prioritizes efforts to end homelessness and support the ministries of Catholic Sisters, ensuring that the rich legacy of compassion and service continues to thrive. In doing so, they embody a commitment to social justice and the betterment of the local community, ultimately fostering a more equitable society for everyone.
This information is meant to be a general summary of Sisters Of Charity Foundation Of Cleveland. 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: $5,976,222
- Gross Receipts: $32,813,416
Assets and Liabilities:
- Total Assets: $69,913,786
- Total Liabilities: $493,773
- Net Assets: $69,420,013
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Organization Details
Founding Year
1995
Phone
(216) 696-5560Principal Officer
Janice Murphy
Main Address
2475 E 22nd Street, Cleveland, OH, 44115
Website
www.socfcleveland.orgNTEE Category
Code: X120 - Religion related
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