Overview
What is Mccaw Family Foundation Inc?
The Mccaw Family Foundation Inc, situated in Indianapolis, Indiana, is a charitable organization with a mission to aid low-income working families. Their primary objective is to support the Community Foundation's mission, emphasizing education, religion, arts, and youth athletics. They achieve this by providing direct services through the Centers for Working Families, offering job training and placement, network support for partner organizations, and engaging in policy work to remove barriers to economic stability. The foundation's activities are geared towards enhancing overall community well-being, with a particular focus on the aforementioned areas, although they are not limited to central Indiana.
Official website here: www.cicf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
The Mccaw Family Foundation Inc has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is derived entirely from the organization's accountability and finance metrics, demonstrating a commitment to transparency and responsible financial management.
The foundation boasts a perfect score for having a majority of independent board members and an independent board size, indicating strong governance practices. It also shows no material diversion of assets and maintains comprehensive policies regarding conflicts of interest and whistleblower protections, all contributing to its high accountability rating.
Moreover, the foundation's financial ratios are impressive, with a low liabilities to assets ratio of 2.14% and a program expense ratio of 69.27%, showing that a significant portion of its funds are directed towards its programs. However, while the foundation excels in financial transparency and governance, additional information about its programmatic impact and specific initiatives would further enhance the understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Mccaw Family Foundation Inc?
84% of reviewers recommend McCaw Family Foundation Inc. Here is a summary of their feedback:
Many expressed appreciation for the foundation's impact on the community, noting their involvement in events like #inlightin that bring joy and vibrancy to the city. Reviewers highlighted the positive atmosphere and the electrifying experiences the foundation provides, indicating a strong connection with the local community.
Overall, McCaw Family Foundation Inc. appears to resonate well with supporters who value its contributions and initiatives, which enhance local culture and community spirit.
This AI summary has been generated from reviews found on Facebook.
Is Mccaw Family Foundation Inc legitimate?
Mccaw Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mccaw Family Foundation Inc 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: $18,058
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cicf.org
What is the mission statement of Mccaw Family Foundation Inc?
The Mccaw Family Foundation Inc's mission is to bolster the work of the Central Indiana Community Foundation within the community, with a specific focus on education, religion, arts, and youth athletics. Their goal is to contribute to the community as a whole by supporting these areas, although their emphasis is not restricted solely to Central Indiana. The foundation aims to assist low-income working families, helping them with basic needs, employment readiness, and financial stability. They achieve this by providing direct services, such as job training and placement, network support, and policy work to eliminate barriers to economic stability.
Official website here: www.cicf.org
Who is the CEO of Mccaw Family Foundation Inc?
Mr Bruce C Mccaw is the Principal Officer of Mccaw Family Foundation Inc.
Official website here: www.cicf.org
What is the revenue of Mccaw Family Foundation Inc?
Mccaw Family Foundation Inc's revenue in 2022 was $46,926.
Official website here: www.cicf.org
Who are the executives of Mccaw Family Foundation Inc and what are their salaries?
There 13 volunteers at Mccaw Family Foundation Inc.
Here are 11 key members and their salaries:
- Compensation: $14,071
- Related: $454,947
- Other: $120,016
- Compensation: $9,480
- Related: $306,520
- Other: $46,294
- Compensation: $5,172
- Related: $167,220
- Other: $56,301
- Compensation: $3,334
- Related: $107,810
- Other: $27,042
- Compensation: $1,822
- Related: $58,914
- Other: $31,489
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cicf.org
Where can I find the form 990 for Mccaw Family Foundation Inc?
Mccaw Family Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cicf.org
Learn more at the official website: www.cicf.org
Mission Statement of Mccaw Family Foundation Inc
The McCaw Family Foundation Inc is dedicated to bolstering and expanding the community efforts of the Central Indiana Community Foundation Inc. Its primary focus areas include education, religion, arts, and youth athletics. The foundation aims to contribute to the community as a whole, offering support to various initiatives within these sectors, although it is not limited to Central Indiana.
The mission of the McCaw Family Foundation Inc is twofold. Firstly, it aims to support the Central Indiana Community Foundation Inc in its endeavors to assist low-income working families. This support encompasses a wide range of needs, from providing basic necessities to fostering employment readiness and financial stability. Through this, the foundation seeks to promote family success.
Secondly, the McCaw Family Foundation Inc engages in direct services, primarily through the Centers for Working Families. These centers offer job training and placement, as well as network support for partner organizations and service providers. Additionally, the foundation engages in policy work, aiming to remove barriers that might hinder low-income individuals from achieving economic stability. In essence, the McCaw Family Foundation Inc is committed to uplifting the community, particularly low-income families, by addressing their needs and fostering opportunities for success.
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Impact
October, 2024
The Mccaw Family Foundation Inc. plays a significant role in enhancing the well-being of communities in Central Indiana by focusing on key areas such as education, religion, arts, and youth athletics. By supporting the Central Indiana Community Foundation, the foundation aims to advance initiatives that promote financial stability, employment readiness, and enhanced quality of life for low-income working families.
Through targeted efforts, the foundation addresses basic needs and fosters economic growth by providing job training and placement. By facilitating access to resources and networks, it empowers individuals and communities to overcome barriers to economic stability. The foundation's work includes assisting partner organizations with technical training and support, ensuring a comprehensive approach to community upliftment.
In particular, the focus on family success underscores the foundation's commitment to creating an ecosystem where financial, human, and influence capital are harnessed to foster meaningful change. This holistic strategy not only strengthens individual capabilities but also enriches the wider community, promoting a sustainable path toward empowerment and stability.
This information is meant to be a general summary of Mccaw Family Foundation Inc. 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: -$9,074
- Gross Receipts: $396,737
Assets and Liabilities:
- Total Assets: $1,490,095
- Total Liabilities: $28,656
- Net Assets: $1,461,439
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Organization Details
Founding Year
1999
Phone
(317) 634-2423Principal Officer
Mr Bruce C Mccaw
Main Address
615 NORTH ALABAMA STREET Suite 300, INDIANAPOLIS, IN, 46204
Website
www.cicf.orgNTEE Category
Code: T112 - Philanthropy
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