Overview
What is Trinity Lutheran Foundation?
Trinity Lutheran Foundation is a faith-based, nonprofit organization situated in Lansing, Michigan. Dedicated to serving the Christian community, their primary focus is providing financial aid for church-related needs. This involves offering grants that cater to the various requirements of churches within their sphere of influence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars
Trinity Lutheran Foundation has earned a 44% score, reflecting a Zero-Star out of Four Star rating, primarily due to significant shortcomings in its Accountability & Finance practices. The score is influenced by various factors, with a total dependence on the Accountability & Finance beacon, indicating that other performance areas may not have been assessed positively.
The organization does have strengths, such as having an entirely independent board and no reported material diversion of assets, which are positive indicators of governance and transparency. Additionally, Trinity Lutheran Foundation has a clear conflict of interest policy and a document retention policy in place, both of which contribute positively to its accountability framework.
However, the foundation struggled in areas crucial to financial sustainability and transparency, evidenced by missing board meeting minutes and a lack of publicly available tax documents. Moreover, indicators like the liabilities to assets ratio and program expense ratio scored zero, raising concerns about its financial health and effective use of resources. Overall, while there are governance strengths, the financial management aspects significantly hinder the organization’s overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Lutheran Foundation legitimate?
Trinity Lutheran Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Lutheran 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 Trinity Lutheran Foundation?
Trinity Lutheran Foundation, as a Christian nonprofit organization, is committed to providing grants for the needs of churches. Their mission is centered around offering financial assistance to churches, aiming to support their operations and initiatives in various ways. The organization does not disclose further details about its specific goals or objectives beyond this primary mission statement.
Who is the CEO of Trinity Lutheran Foundation?
Ed Peterson is the President of Trinity Lutheran Foundation.
What is the revenue of Trinity Lutheran Foundation?
Trinity Lutheran Foundation's revenue in 2022 was $20,332.
Who are the executives of Trinity Lutheran Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Trinity Lutheran Foundation?
Trinity Lutheran Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trinity Lutheran Foundation
Trinity Lutheran Foundation, a Christian nonprofit organization, is dedicated to fulfilling its mission of providing grants for church needs. This mission statement signifies the organization's commitment to supporting churches in their various needs and initiatives. By focusing on grant provision, Trinity Lutheran Foundation plays a crucial role in aiding churches in their operations, enabling them to serve their communities effectively. The organization's mission reflects its Christian values and its desire to contribute to the spiritual growth and welfare of churches and their congregations.
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
October, 2024
Trinity Lutheran Foundation has a significant impact through its dedicated support for church needs in Lansing, MI. By providing grants, the foundation facilitates the growth and development of local congregations, enabling them to enhance their outreach and service to the community. This financial assistance allows churches to undertake various projects, from facility improvements to community programs, ultimately strengthening their ability to serve and uplift their members and the surrounding community. Through its commitment to meeting the needs of churches, Trinity Lutheran Foundation plays a vital role in fostering a supportive and active faith environment.
This information is meant to be a general summary of Trinity Lutheran 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 2022.
- Investment Income: $20,332
- Gross Receipts: $20,332
Assets and Liabilities:
- Total Assets: $652,851
- Total Liabilities: $0
- Net Assets: $652,851
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2006
Principal Officer
Ed Peterson
Main Address
501 W SAGINAW, Lansing, MI, 48933
NTEE Category
Code: X20 - Religion related
If you are a representative of Trinity Lutheran 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.