Margaret Ella Hargrave Trust Under Will

Charity Navigator Rating: 1 Star

The Margaret Ella Hargrave Trust Under Will has received a 1-Star out of Four Star rating from Charity Navigator, indicating significant concerns related to its accountability and financial practices. The overall score of 50% is based solely on the Accountability & Finance category, where the organization scored low due to a complete lack of independent board members and missing key governance policies, such as a conflict of interest policy and a whistleblower policy.

Despite these shortcomings, the trust demonstrates a commendable program expense ratio of 96.83%, suggesting that a high percentage of its expenditures are directed towards its programs rather than administrative costs. However, the absence of transparency measures, such as the failure to provide meeting minutes and a publicly accessible tax form, raises critical questions about its governance and operational integrity.

Overall, while the organization may be effectively utilizing its funds towards its mission, the lack of independent oversight and essential governance policies significantly undermines its accountability. Prospective donors may want to consider these factors when evaluating the trust's effectiveness and transparency in operations.

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

Margaret Ella Hargrave Trust Under Will is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margaret Ella Hargrave Trust Under Will 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: $755
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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