Overview
What is Winston & Strawn Foundation?
The Winston & Strawn Foundation is a charitable organization that dedicates its resources primarily to funding other nonprofits that cater to the needs of underprivileged individuals. Their mission revolves around grant-making, investing in various organizations that deliver essential services to those in need. By offering financial assistance, the Winston & Strawn Foundation contributes to the broader social welfare, enabling other charities to thrive and make a difference in the lives of many.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (13%)
The Winston & Strawn Foundation has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of only 13%, the organization lacks independent board members and has failed to implement essential governance policies, such as conflict of interest and whistleblower policies. These deficiencies raise questions about the foundation's commitment to transparency and ethical management.
While the foundation has been rated positively in terms of material diversion of assets, scoring 10 out of 10 points in this area, it still faces criticism due to its overall lack of oversight and governance practices. The absence of a majority of independent board members further exacerbates concerns about the foundation's accountability. Additionally, the missing documentation on its website, as required by tax forms, reflects poor adherence to best practices.
Overall, the Winston & Strawn Foundation's low rating highlights serious issues that potential donors and stakeholders should consider. The lack of critical policies and independent oversight may hinder the organization’s effectiveness and trustworthiness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Winston & Strawn Foundation legitimate?
Winston & Strawn Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winston & Strawn Foundation 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
For more financial information, click here
What is the mission statement of Winston & Strawn Foundation?
The Winston & Strawn Foundation's primary mission is to extend financial aid to various organizations that provide essential services to underprivileged individuals. By providing grants to these charities, the foundation aims to contribute to their efforts in uplifting the lives of those in need. The Winston & Strawn Foundation's mission is centered around supporting organizations that offer vital assistance, thereby helping to improve the living conditions of disadvantaged individuals.
Who is the CEO of Winston & Strawn Foundation?
Timothy Kincaid is the Director of Winston & Strawn Foundation.
What is the revenue of Winston & Strawn Foundation?
Winston & Strawn Foundation's revenue in 2023 was $21,160.
Who are the executives of Winston & Strawn Foundation and what are their salaries?
There 9 volunteers at Winston & Strawn Foundation.
Here are 9 key members and their salaries:
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Winston & Strawn Foundation?
Winston & Strawn Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Winston & Strawn Foundation
The Winston & Strawn Foundation is committed to making a difference in the lives of needy individuals by providing financial assistance to other charitable organizations. As its primary mission, the foundation focuses on supporting organizations that offer various services to those in need. By doing so, the Winston & Strawn Foundation aims to contribute to the betterment of society and address pressing issues faced by vulnerable populations. The foundation's grant-making approach allows it to collaborate with a diverse range of organizations, amplifying their impact and extending their reach to those who require their services most.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The impact of the Winston & Strawn Foundation is seen through its grants to other organizations that offer services to needy individuals. This support helps these charities fulfill their missions and positively impact the lives of those in need. The foundation's contributions demonstrate a commitment to philanthropy and making a difference in the community.
This information is meant to be a general summary of Winston & Strawn Foundation. 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 2023.
- Investment Income: $21,071
- Gross Receipts: $747,984
Assets and Liabilities:
- Total Assets: $1,108,179
- Total Liabilities: $0
- Net Assets: $1,108,179
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1989
Phone
(312) 558-5636Principal Officer
Timothy Kincaid
Main Address
35 W Wacker Drive, Chicago, IL, 60601
NTEE Category
Code: T70I - Philanthropy
If you are a representative of Winston & Strawn Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.