Overview
What is Christian Ministries Foundation Inc?
Christian Ministries Foundation Inc, based in Brunswick, Georgia, serves as a stewardship organization for various Christian individuals and organizations. With a focus on providing planning and trust administration, the foundation has conducted due diligence on over 650 organizations, awarding grants to 41 of them so far. Some organizations will receive grants in the future once certain conditions are met under trust or donor-advised fund agreements. Additionally, the foundation administers 9 charitable and non-charitable trusts on behalf of donors and offers accounting services to 501(c)(3) ministries, contributing to the Christian community as a whole.
Official website here: www.cmf-online.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating
Christian Ministries Foundation Inc has received a 75% rating from Charity Navigator, indicating a solid level of performance in accountability and finance. The organization has earned high marks for its financial practices, including a program expense ratio of 91.41%, which demonstrates a strong commitment to directing funds towards its mission.
The foundation boasts an entirely independent board, which contributes to its robust governance structure. Key areas of accountability, such as the presence of a conflict of interest and whistleblower policy, are well-addressed, further enhancing its credibility. The charity also maintains transparency by documenting board meeting minutes and listing its website on tax forms.
Despite its strengths, the organization could work on enhancing its overall performance to achieve a higher rating. Continued focus on expanding its programs or outreach may help in this regard. Overall, Christian Ministries Foundation Inc appears to be a responsible steward of its resources, with a strong commitment to its mission and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Ministries Foundation Inc legitimate?
Christian Ministries Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Ministries 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cmf-online.org
What is the mission statement of Christian Ministries Foundation Inc?
Christian Ministries Foundation Inc's mission is centered around providing stewardship services. This includes managing charitable trusts, donor-advised funds, charitable gift annuities, and endowing assets for the benefit of the church and Christian community. The organization performs due diligence on approximately 650 Christian ministries and provides grants to some of these organizations when certain conditions are met. Further, CMFI administers both charitable and non-charitable trusts on behalf of donors and offers accounting services to 501(c)(3) ministries.
Official website here: www.cmf-online.org
Who is the CEO of Christian Ministries Foundation Inc?
Connie Bach is the Executive Director of Christian Ministries Foundation Inc.
Official website here: www.cmf-online.org
What is the revenue of Christian Ministries Foundation Inc?
Christian Ministries Foundation Inc's revenue in 2022 was $138,707.
Official website here: www.cmf-online.org
Who are the executives of Christian Ministries Foundation Inc and what are their salaries?
The average compensation at Christian Ministries Foundation Inc during 2022 was $50,000. There is 1 employee and 1 volunteer at Christian Ministries Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $50,000
- Related: $0
- Other: $2,291
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cmf-online.org
Where can I find the form 990 for Christian Ministries Foundation Inc?
Christian Ministries Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cmf-online.org
Learn more at the official website: www.cmf-online.org
Mission Statement of Christian Ministries Foundation Inc
Christian Ministries Foundation Inc, in its mission, offers stewardship services to individual Christians and religious organizations. These services encompass charitable trusts, donor-advised funds, charitable gift annuities, and the endowment of assets for the benefit of the church and Christian community. The foundation's role involves providing due diligence for approximately 650 Christian ministries, with 41 organizations already receiving grants, while others await funding when specified conditions under trust or donor-advised fund agreements are met. In addition, Christian Ministries Foundation Inc manages 9 charitable and non-charitable trusts on behalf of donors, and offers accounting services to 501(c)(3) ministries.
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Impact
October, 2024
Christian Ministries Foundation Inc has made a significant impact by providing expert planning and trust administration services to a wide range of Christian ministries. With a thorough due diligence process, CMFI has engaged with 650 organizations, facilitating grant distributions to support their missions. Notably, 41 organizations have already received funding, while others are set to benefit once specific conditions are fulfilled under trust or Donor Advised Fund (DAF) agreements.
The foundation also manages nine charitable and non-charitable trusts for donors, ensuring that their financial contributions are effectively allocated to support the church and the broader Christian community. By offering stewardship services such as charitable trusts, DAFs, and charitable gift annuities, CMFI empowers individual Christian donors and organizations to maximize their philanthropic impact. Through its comprehensive accounting services for 501(c)(3) ministries, CMFI fosters a culture of transparency and trust, ensuring that resources are managed wisely for the benefit of faith-based initiatives.
This information is meant to be a general summary of Christian Ministries 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: $5,875
- Program Service Revenue: $132,536
- Gross Receipts: $1,358,990
Assets and Liabilities:
- Total Assets: $1,862,833
- Total Liabilities: $1,378,110
- Net Assets: $484,723
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAF FEES
Revenue
$66,269
TRUST FEES
Revenue
$38,097
ANNUITY FEES
Revenue
$25,958
TRUST ADMINISTRATION
Revenue
$2,212
Organization Details
Founding Year
1966
Phone
(912) 261-2722Principal Officer
Connie Bach
Main Address
PO BOX 1616, BRUNSWICK, GA, 315211616
Website
www.cmf-online.orgNTEE Category
Code: T31 - Philanthropy
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