Morrison Mildred E Char Ta

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 346861408 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Morrison Mildred E Char Ta?

Morrison Mildred E Char Ta is a grantmaking organization situated in Pittsburgh, Pennsylvania. Its primary mission is to support both the Youngstown University Foundation and the Youngstown Foundation. This nonprofit organization dedicates its resources to furthering the goals and objectives of these two foundations, thereby contributing to their respective causes. While specific details about the activities or programs undertaken by Morrison Mildred E Char Ta are not provided, it is clear that their role is to provide financial assistance and support to these two foundations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64% (Two-Star out of Four Star rating)

Morrison Mildred E Charitable Trust has received a rating of 64% from Charity Navigator, indicating some areas of concern regarding its accountability and financial practices. The organization has demonstrated a strong program expense ratio of 83.10%, suggesting that a significant portion of its funds is directed toward its programs. However, the lack of independent board members and several missing governance policies are notable weaknesses.

One significant limitation is the absence of independent board members, which raises concerns about oversight and decision-making independence. Additionally, key documents such as board meeting minutes and the nonprofit's tax form are missing from its website, which could impact transparency. While the charity has a conflict of interest policy in place, the absence of a whistleblower policy further detracts from its governance score.

Overall, while Morrison Mildred E Charitable Trust effectively allocates funds towards its programs, its governance practices need improvement to enhance transparency and accountability. The absence of independent oversight and key missing documents may lead to questions regarding the organization's operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Morrison Mildred E Char Ta legitimate?

Morrison Mildred E Char Ta is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morrison Mildred E Char Ta 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: $53,595
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Morrison Mildred E Char Ta?

Morrison Mildred E Char Ta is a foundation with a mission to support the Youngstown Foundation. This mission involves providing aid and assistance to enhance the work of the Youngstown University Foundation. The primary goal of Morrison Mildred E Char Ta is to contribute to the success and growth of the Youngstown Foundation, thereby positively impacting its initiatives. The specific nature of the support provided by Morrison Mildred E Char Ta to the Youngstown Foundation is not detailed in the provided information.

Who is the CEO of Morrison Mildred E Char Ta?

Ruth Stevenson is the Trustee of Morrison Mildred E Char Ta.

What is the revenue of Morrison Mildred E Char Ta?

Morrison Mildred E Char Ta's revenue in 2022 was $109,352.

Who are the executives of Morrison Mildred E Char Ta and what are their salaries?


Here are 2 key members and their salaries:


Ruth Stevenson (Trustee)
  • Compensation: $4,955
  • Related: $0
  • Other: $0
Pnc Bank Na (Trustee)
  • Compensation: $41,865
  • Related: $0
  • Other: $0
Where can I find the form 990 for Morrison Mildred E Char Ta?

Morrison Mildred E Char Ta's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Morrison Mildred E Char Ta

Morrison Mildred E Char Ta is a foundation or grantmaking organization with a mission to support the Youngstown University Foundation. In simpler terms, this organization is dedicated to aiding and assisting the Youngstown University Foundation in its endeavors. By doing so, Morrison Mildred E Char Ta contributes to the overall development and growth of the institution, ultimately benefiting the community it serves.

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Impact




October, 2024

Morrison Mildred E Char Ta plays a significant role in enhancing educational opportunities through its support of the Youngstown Foundation. By providing crucial funding and resources, it helps facilitate programs and initiatives that benefit Youngstown University, thereby fostering academic growth and community development. This support not only aids in sustaining existing educational programs but also enables the creation of new opportunities for students, enhancing their overall experience and prospects. The foundation's commitment to philanthropy underscores its impact on both the university and the broader community, contributing to a culture of learning and engagement in the region.




This information is meant to be a general summary of Morrison Mildred E Char Ta. 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.

Revenue
$109,352 (2022)
Expenses
$277,528 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $109,352
  • Gross Receipts: $1,588,935

Assets and Liabilities:

  • Total Assets: $5,552,157
  • Total Liabilities: $0
  • Net Assets: $5,552,157

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Organization Details

Founding Year

1986

Principal Officer

Ruth Stevenson

Main Address

116 ALLEGHENY CENTER MALL P8YB3502L, PITTSBURGH, PA, 15212

NTEE Category

Code: T00 - Philanthropy

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