Overview
What is Tuw Philena R Peabody-Lloyd?
Tuw Philena R Peabody-Lloyd is a nonprofit entity situated in Chicago, Illinois. Its primary mission is to support various organizations listed under Schedule A Part I, as specified in its activities or mission description. This support comes in the form of granting funds, specifically to the Trustees of Phillips Exeter Academy and the Choate School. The organization's efforts are geared towards contributing positively to these institutions and promoting their causes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 37% (Zero-Star out of Four Stars)
The Tuw Philena R Peabody-Lloyd organization has received a low rating of 37%, indicating significant areas of concern in its accountability and financial practices. The overall score is derived solely from a single beacon category focused on accountability and finance, underscoring the lack of depth in other evaluative areas.
A notable strength is the charity's governance, with 100% of board members being independent, which is a positive indicator of avoiding conflicts of interest. However, the charity's structure is limited, with only one independent board member, which affects its governance score negatively. Additionally, the organization has demonstrated compliance in areas such as material diversion of assets, where it scored full points, and it has policies in place for conflict of interest and document retention.
Conversely, the charity has serious deficiencies in its financial practices, particularly highlighted by a program expense ratio of only 17.07%, indicating that a minimal portion of its budget is allocated to programs. Furthermore, it scores poorly in transparency, having missing website documentation and policies, including a lack of a whistleblower policy. Overall, while there are strengths in governance, the financial practices and transparency issues present significant hurdles for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Tuw Philena R Peabody-Lloyd legitimate?
Tuw Philena R Peabody-Lloyd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tuw Philena R Peabody-Lloyd 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: $4,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Tuw Philena R Peabody-Lloyd?
Tuw Philena R Peabody- Lloyd's mission is centered around supporting organizations listed in Schedule A Part I. This support is facilitated through various programs, one of which involves granting funds to the Trustees of Phillips Exeter Academy and the Choate School. In essence, the organization's purpose is to extend its resources to the organizations specified in Schedule A Part I. However, the specific objectives or goals of these organizations are not provided in the given information.
Who is the CEO of Tuw Philena R Peabody-Lloyd?
Na is the Principal Officer of Tuw Philena R Peabody-Lloyd.
What is the revenue of Tuw Philena R Peabody-Lloyd?
Tuw Philena R Peabody-Lloyd's revenue in 2022 was $10,166.
Who are the executives of Tuw Philena R Peabody-Lloyd and what are their salaries?
There is 1 key member and their salary:
- Compensation: $4,000
- Related: $0
- Other: $0
Where can I find the form 990 for Tuw Philena R Peabody-Lloyd?
Tuw Philena R Peabody-Lloyd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tuw Philena R Peabody-Lloyd
Tuw Philena R Peabody-Lloyd is committed to supporting organizations listed in Schedule A Part I. In line with its mission, this entity provides financial assistance to notable institutions such as the Trustees of Phillips Exeter Academy and the Choate School. By doing so, Tuw Philena R Peabody-Lloyd aims to contribute to the ongoing operations and initiatives of these organizations, thereby potentially impacting various communities and individuals they serve. However, the specific goals or focus areas of the supported organizations are not explicitly stated in the provided information.
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Impact
October, 2024
Tuw Philena R Peabody-Lloyd has a significant impact on the educational landscape by providing financial support to esteemed institutions such as Phillips Exeter Academy and the Choate School. Through its programs, it facilitates the enhancement of educational resources and opportunities, thereby benefiting students and the broader academic community. Located in Chicago, IL, the organization plays a crucial role in fostering excellence in education by ensuring that these institutions have the necessary funding to support their missions and activities. Its focused approach to backing selected organizations illustrates a commitment to elevating quality education, which can have long-lasting effects on students' academic journeys and future prospects.
This information is meant to be a general summary of Tuw Philena R Peabody-Lloyd. 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: $10,166
- Gross Receipts: $42,429
Assets and Liabilities:
- Total Assets: $158,732
- Total Liabilities: $0
- Net Assets: $158,732
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Organization Details
Founding Year
1954
Phone
(312) 630-6000Principal Officer
Na
Main Address
PO BOX 803878, CHICAGO, IL, 60680
NTEE Category
Code: B90 - Education
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