Overview
What is Tr Uw William Gilbert?
Tr Uw William Gilbert is a trust that serves as a nonprofit entity, with its mailing address situated in Cincinnati, Ohio. The primary function of this trust is to manage and invest its assets, aiming to generate income. This income is then distributed to its beneficiary, as specified in its governing document. The exact nature and purpose of the beneficiary are not disclosed in the provided information, but it is clear that the trust operates in accordance with its governing instrument.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Stars)
Tr Uw William Gilbert has received a Two-Star rating, reflecting a score of 60%. This rating indicates that the organization has some strengths but also significant areas for improvement, particularly in accountability and finance. The overall score is based solely on the Accountability & Finance beacon, which comprises various metrics that assess financial health and governance practices.
One of the strengths of this nonprofit is its impressive program expense ratio of 73.12%, suggesting that a substantial portion of its expenditures is directed toward its programs, which is typically viewed favorably. Additionally, the organization has reported no material diversion of assets, and it does maintain meeting minutes for board meetings, which contributes positively to its accountability practices.
However, the organization faces several notable limitations. It lacks independent board members, which can raise concerns about governance and oversight. Furthermore, crucial policies such as whistleblower and document retention are missing, and the charity does not have a functional website listed on its tax form. These gaps may impact transparency and trust in the organization, indicating the need for improvements in its governance policies and public accessibility.
This AI summary has been generated from information found on Charity Navigator.
Is Tr Uw William Gilbert legitimate?
Tr Uw William Gilbert is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tr Uw William Gilbert 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: $3,827
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Tr Uw William Gilbert?
Tr Uw William Gilbert's trust assets are invested with the goal of generating income. This income is then distributed to the named beneficiary, all according to the guidelines set out in the governing instrument. The primary objective of this trust is to provide financial support to the beneficiary, as specified in the governing document. The distributions from the trust are made as directed by this important document. In essence, the mission of Tr Uw William Gilbert's trust is to manage its assets in a way that ensures a consistent income for its designated beneficiary, in line with the stipulations outlined in the governing instrument.
Who is the CEO of Tr Uw William Gilbert?
Fifth Third Bank N A is the Trustee of Tr Uw William Gilbert.
What is the revenue of Tr Uw William Gilbert?
Tr Uw William Gilbert's revenue in 2022 was $8,551.
Who are the executives of Tr Uw William Gilbert and what are their salaries?
There is 1 key member and their salary:
- Compensation: $3,827
- Related: $0
- Other: $0
Where can I find the form 990 for Tr Uw William Gilbert?
Tr Uw William Gilbert's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tr Uw William Gilbert
Tr Uw William Gilbert, as specified in the provided information, is a trust that has a mission to invest its assets. The primary objective of this investment is to generate income, which is then distributed to the named beneficiary, following the guidelines set out in the governing instrument. In essence, the trust exists to provide a steady income stream to the designated recipient, based on the investment returns and as per the stipulations outlined in the governing document.
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Impact
October, 2024
Tr Uw William Gilbert plays a significant role in fostering philanthropy by managing trust assets to generate income for designated beneficiaries. By investing these assets effectively, the organization ensures that funds are available for distribution in accordance with its governing instrument. This approach enables consistent support for the named organization, facilitating its operations and initiatives while promoting a sustainable financial future. Based in Cincinnati, Ohio, Tr Uw William Gilbert's impact is felt through its strategic investments and dedicated distributions, which reinforce the importance of responsible stewardship in philanthropy.
This information is meant to be a general summary of Tr Uw William Gilbert. 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: $8,551
- Gross Receipts: $151,719
Assets and Liabilities:
- Total Assets: $224,156
- Total Liabilities: $0
- Net Assets: $224,156
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Organization Details
Founding Year
1947
Phone
(513) 534-5310Principal Officer
Fifth Third Bank N A
Main Address
PO BOX 630858, CINCINNATI, OH, 452630858
NTEE Category
Code: T11 - Philanthropy
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