Fayette County Memorial And Benevolent Society

Charity Navigator Rating: 0%

The Fayette County Memorial And Benevolent Society received a disappointing rating of 13%, resulting in a Zero-Star out of Four Stars designation. This low score highlights significant issues in accountability and financial transparency, with particular concerns around the absence of independent board members and missing essential governance policies. A lack of independent oversight can raise questions about the organization's decision-making processes and overall integrity.

Strengths noted in the evaluation include the absence of material diversion of assets, indicating that funds are not being misappropriated. However, the charity's failure to meet basic governance standards, such as maintaining a conflict of interest policy or a whistleblower policy, severely undermines its credibility. Additionally, the organization has not made its tax forms available on its website, which contributes to the overall lack of transparency.

Overall, while the Fayette County Memorial And Benevolent Society has some positive aspects, such as no asset diversion, the severe shortcomings in governance and accountability overshadow these points. Potential donors and stakeholders are encouraged to consider these factors carefully before engaging with the organization.

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

Fayette County Memorial And Benevolent Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fayette County Memorial And Benevolent Society submitted a form 990EZ, 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.