Overview
What is Childrens Home Society And Trust Foundation?
The Children's Home Society and Trust Foundation, based in Seattle, Washington, acts as a supporting organization for Children's Home Society of Washington (CHSW). By managing investments and raising funds, the Foundation contributes significantly to CHSW's mission. Its primary goal is to enhance the impact of Children's Home Society of Washington on the lives of children daily by providing financial support.
Official website here: www.childrenshomesociety.org
What are the reviews and ratings of this charity?
96% rating from Charity Navigator indicates that Children's Home Society and Trust Foundation is performing exceptionally well, earning a Four-Star out of Four Star rating. This high score reflects a strong commitment to accountability and financial health, which are crucial for building donor trust and ensuring effective program delivery.
The organization demonstrates impressive governance with an entirely independent board comprising five members, ensuring unbiased oversight. It has robust financial practices, evidenced by its zero liabilities to assets ratio and a program expense ratio of 87%, indicating a significant portion of funds is directed toward its programs rather than administrative costs.
While the organization showcases extensive policies for conflict of interest, whistleblower protections, and document retention, no limitations were noted in the data available. Overall, the Children's Home Society and Trust Foundation stands out for its strong governance and financial integrity, making it a reliable choice for donors seeking to support child welfare initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Childrens Home Society And Trust Foundation legitimate?
Childrens Home Society And Trust Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Childrens Home Society And Trust 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
Official website here: www.childrenshomesociety.org
What is the mission statement of Childrens Home Society And Trust Foundation?
The Children's Home Society and Trust Foundation exists to support Children's Home Society of Washington (CHSW) in its programs and purposes. The foundation's primary role is to manage investments and raise funds that benefit CHSW. In essence, it acts as a supporting organization, working to amplify the impact of CHSW on the lives of children every day. Through its fundraising efforts and investment management, the foundation enables CHSW to carry out its mission more effectively.
Official website here: www.childrenshomesociety.org
Who is the CEO of Childrens Home Society And Trust Foundation?
Dave Newell is the Ceo of Childrens Home Society And Trust Foundation. The CEO's salary of Childrens Home Society And Trust Foundation is $0 and their total compensation is $351,558.
Official website here: www.childrenshomesociety.org
What is the revenue of Childrens Home Society And Trust Foundation?
Childrens Home Society And Trust Foundation's revenue in 2022 was $13,203,237.
Official website here: www.childrenshomesociety.org
Who are the executives of Childrens Home Society And Trust Foundation and what are their salaries?
There 11 volunteers at Childrens Home Society And Trust Foundation.
Here are 13 key members and their salaries (Childrens Home Society And Trust Foundation's CEO's salary is $0 and their total compensation is $351,558):
- Compensation: $0
- Related: $295,233
- Other: $56,325
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $175,387
- Other: $16,764
Official website here: www.childrenshomesociety.org
Where can I find the form 990 for Childrens Home Society And Trust Foundation?
Childrens Home Society And Trust Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.childrenshomesociety.org
Learn more at the official website: www.childrenshomesociety.org
Mission Statement of Childrens Home Society And Trust Foundation
Children's Home Society and Trust Foundation, a supporting organization of Children's Home Society of Washington (CHSW), is dedicated to advancing the mission of CHSW by managing investments and raising funds. In simple terms, this foundation exists to amplify the impact of Children's Home Society of Washington on the lives of children every day. By pooling resources and generating additional financial support, Children's Home Society and Trust Foundation enables CHSW to expand its reach and effectiveness in fulfilling its crucial purpose. The foundation's primary role is to act as a financial steward, ensuring that CHSW has the necessary resources to carry out its programs and make a difference in the lives of children. Through its fundraising efforts and investment management, Children's Home Society and Trust Foundation plays an essential role in supporting Children's Home Society of Washington as it works to improve the lives of children.
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Impact
October, 2024
Childrens Home Society and Trust Foundation significantly enhances the lives of children by raising private contributions that directly support the mission of Children's Home Society of Washington (CHSW). Through effective fund management and investment strategies, the foundation plays a crucial role in ensuring that CHSW can implement and expand its programs, ultimately creating a greater positive impact on children in need. By focusing on financial sustainability and growth, the foundation helps to strengthen CHSW’s ability to provide essential services and support for families across Washington, fostering a healthier environment for children every day.
This information is meant to be a general summary of Childrens Home Society And Trust 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: $902,576
- Gross Receipts: $13,203,237
Assets and Liabilities:
- Total Assets: $26,826,720
- Total Liabilities: $0
- Net Assets: $26,826,720
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Organization Details
Founding Year
2002
Phone
(206) 695-3200Principal Officer
Dave Newell
Main Address
12360 LAKE CITY WAY NE 450, SEATTLE, WA, 98125
Website
www.childrenshomesociety.orgNTEE Category
Code: P70 - Human services
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