Stablish Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411801039 ✦ Mendota heights, MN ✦ Designated as a 501(c)(3)

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Overview

What is Stablish Foundation?

Stablish Foundation is a nonprofit organization dedicated to overseeing charitable remainder trusts and donor-advised funds, facilitating charitable giving. Their primary role involves managing these funds, ensuring they are utilized in accordance with charitable purposes. By doing so, they contribute to various philanthropic initiatives, ultimately promoting social welfare and community development.


Official website here: www.stablish.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

The Stablish Foundation has achieved a remarkable 96% score, which reflects its strong commitment to accountability and financial transparency. The high rating is entirely derived from its performance in Accountability & Finance, indicating a robust governance structure and effective financial management practices.

Key strengths of the organization include its 100% independent board, with all members having no conflicts of interest. The foundation has also demonstrated excellent financial health, with a low liabilities to assets ratio, signifying a sustainable financial model. Additionally, it maintains comprehensive policies regarding whistleblowing, conflict of interest, and document retention, ensuring a high standard of operational integrity.

While the data highlights numerous strengths, there are no noted limitations or areas for improvement in the provided information. Overall, Stablish Foundation exemplifies best practices in nonprofit management and presents a strong case for donor confidence.


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

Is Stablish Foundation legitimate?

Stablish Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stablish 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: $63,025
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,295

For more financial information, click here


Official website here: www.stablish.org

What is the mission statement of Stablish Foundation?

The Stablish Foundation's mission revolves around managing funds for charitable remainder trusts and donor-advised funds, with a focus on fostering charitable giving. In essence, the foundation serves as a platform that oversees these funds, ensuring they are utilized effectively for charitable purposes. By doing so, it contributes to various philanthropic endeavors, ultimately making a positive impact in various communities.


Official website here: www.stablish.org

Who is the CEO of Stablish Foundation?

Amy Hafenbrack is the Board Chair of Stablish Foundation.


Official website here: www.stablish.org

What is the revenue of Stablish Foundation?

Stablish Foundation's revenue in 2022 was $3,199,469.


Official website here: www.stablish.org

Who are the executives of Stablish Foundation and what are their salaries?

The average compensation at Stablish Foundation during 2022 was $36,160. There are 2 employees at Stablish Foundation.


Here are 8 key members and their salaries:


Keith Witter (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Albers (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
Ruth Dahl (Director)
  • Compensation: $600
  • Related: $0
  • Other: $0
Paul Dinger (Director)
  • Compensation: $700
  • Related: $0
  • Other: $0
Amy Hafenbrack (Executive Director)
  • Compensation: $59,225
  • Related: $0
  • Other: $0
Holly Callen Hamilton (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Sharon Tripp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Kuppenbender (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0


Official website here: www.stablish.org

Where can I find the form 990 for Stablish Foundation?

Stablish Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stablish.org

Learn more at the official website: www.stablish.org

Mission Statement of Stablish Foundation

The Stablish Foundation, as per its mission, is primarily tasked with managing funds for charitable remainder trusts and donor-advised funds, all in the context of charitable giving. This organization's role is to oversee these financial instruments, ensuring they are utilized effectively for charitable purposes. By managing these funds, the Stablish Foundation plays a significant role in facilitating donors' philanthropic contributions, guiding the distribution of resources to worthy causes.

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Impact




July, 2024

Stablish Foundation has a significant impact in managing funds for charitable remainder trusts and donor advised funds, facilitating charitable giving that positively impacts communities and causes. Through its operations in Mendota Heights, MN, Stablish Foundation plays a vital role in supporting various charitable initiatives and organizations, making a tangible difference in the lives of those in need. The foundation's commitment to managing funds ethically and responsibly contributes to the betterment of society and the advancement of philanthropic endeavors.




This information is meant to be a general summary of Stablish 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.

Revenue
$3,199,469 (2022)
Expenses
$1,156,011 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $651,013
  • Gross Receipts: $3,199,469

Assets and Liabilities:

  • Total Assets: $14,915,200
  • Total Liabilities: $1,263,960
  • Net Assets: $13,651,240

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Organization Details

Founding Year

1995

Principal Officer

Amy Hafenbrack

Main Address

750 MAIN STREET, MENDOTA HEIGHTS, MN, 55118

NTEE Category

Code: Z99 - Unknown

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