Second Presbyterian Church Foundation Realty Foundation Inc

Charity Navigator Rating: 40% (Zero-Star out of Four Star rating)

The Second Presbyterian Church Foundation Realty Foundation Inc has received a low overall score of 40%, primarily due to its performance in accountability and finance. The rating indicates significant concerns regarding the organization's financial activities, with a notable absence of program expenses, which contributes to its zero-star designation.

On the positive side, the foundation demonstrates strong governance practices, with a fully independent board and no reported material diversion of assets. The organization has also established a conflict of interest policy and documents its board meeting minutes, which are commendable practices reflecting a commitment to transparency.

However, the lack of program spending and liabilities relative to assets raises questions about its financial health and operational effectiveness. The zero-star rating serves as a caution for potential donors who may want to consider how their contributions will be utilized within the organization.

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

Second Presbyterian Church Foundation Realty Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Presbyterian Church Foundation Realty 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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