Taylor University Foundation Inc

Charity Navigator Rating: 73% (Two-Star out of Four Stars)

The Taylor University Foundation Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 73%. This score is derived solely from its Accountability & Finance metrics. While the organization demonstrates some strong financial practices, such as a high program expense ratio of 68.81% and a good liabilities to assets ratio of 44.24%, the low score is primarily influenced by the lack of independent board members, which raised concerns about governance.

The foundation has implemented important policies, including conflict of interest, whistleblower, and document retention policies, all of which received maximum points. However, it scored poorly on board independence, with only 20% of its board being independent members, which could impact the effectiveness of oversight. Additionally, the absence of the required tax form on the nonprofit's website was noted as a significant drawback.

Overall, while the Taylor University Foundation Inc shows a commitment to financial transparency and has sound operational policies in place, its governance practices and lack of independent oversight may warrant further attention from potential donors and stakeholders.

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

Taylor University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taylor University 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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