Overview
What is William J Sacco Foundation Inc?
The William J Sacco Foundation Inc, situated in Forest Hill, Maryland, is a nonprofit organization dedicated to honoring the life's work of Dr. William J. Sacco. Their mission involves providing a comprehensive reference to Dr. Sacco's extensive body of work, which includes numerous papers, books, courses, products, organizations, and companies he developed or supported. The foundation aims to develop new mediums and ongoing methods to spread these concepts to young individuals who can make a significant impact as they begin and progress in their careers. Dr. Sacco has been instrumental in offering such opportunities to many protégés throughout his years, and the foundation's primary goal is to continue this unique and inspiring practice of selfless mentoring. In addition, the foundation conducts various recreational, educational, historical, and cultural activities.
Official website here: www.saccofoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The William J Sacco Foundation Inc has achieved an impressive score of 97% from Charity Navigator, reflecting its strong performance in accountability and finance. This high rating indicates that the organization adheres to rigorous standards of transparency and sound financial practices, particularly with a program expense ratio of 86.44%, ensuring that a significant portion of funds is directed toward its charitable mission.
The foundation's governance structure is notably robust, with a fully independent board comprising three members, which points to effective oversight. Additionally, there are comprehensive policies in place regarding conflicts of interest, whistleblower protections, and document retention, further enhancing its accountability framework. The absence of any material diversion of assets demonstrates a commitment to ethical financial management.
While the organization's strengths are clear, the rating is entirely based on its financial metrics, and it may be useful for potential donors to seek additional information about the foundation's specific programs and impact to fully understand its effectiveness in achieving its mission. Overall, the William J Sacco Foundation Inc stands out as a highly rated nonprofit with a strong emphasis on fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is William J Sacco Foundation Inc legitimate?
William J Sacco Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. William J Sacco Foundation Inc 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.saccofoundation.org
What is the mission statement of William J Sacco Foundation Inc?
The William J. Sacco Foundation's mission is centered around continuing the life's work of an unnamed individual, believed to be Dr. William J. Sacco. The foundation aims to provide a comprehensive reference of Dr. Sacco's body of work, encompassing his numerous papers, books, courses, products, organizations, and companies. Beyond this, the foundation seeks to develop new mediums and ongoing methods to disseminate these concepts to young individuals who can make a significant impact in their careers. Dr. Sacco has historically provided such opportunities to numerous protégés, and the foundation intends to uphold this selfless mentoring practice as a key goal.
Official website here: www.saccofoundation.org
Who is the CEO of William J Sacco Foundation Inc?
John F Kutcher is the Secretary/Tr of William J Sacco Foundation Inc.
Official website here: www.saccofoundation.org
What is the revenue of William J Sacco Foundation Inc?
William J Sacco Foundation Inc's revenue in 2022 was $16,168.
Official website here: www.saccofoundation.org
Who are the executives of William J Sacco Foundation Inc and what are their salaries?
There 10 volunteers at William J Sacco Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.saccofoundation.org
Where can I find the form 990 for William J Sacco Foundation Inc?
William J Sacco Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.saccofoundation.org
Learn more at the official website: www.saccofoundation.org
Mission Statement of William J Sacco Foundation Inc
The William J. Sacco Foundation Inc is dedicated to upholding the legacy of Dr. William J. Sacco by making his extensive body of work readily accessible to the public. This includes references to his numerous papers, books, courses, products, organizations, and companies that he either developed or supported throughout his career. Beyond this, the foundation aims to innovate and establish ongoing methods to disseminate these concepts to young individuals who have the potential to make significant impacts as they embark on and advance through their careers. Dr. Sacco has consistently provided such opportunities to numerous proteges over the years, and a primary objective of this foundation is to perpetuate this distinctive and inspiring practice of selfless mentoring.
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Impact
August, 2024
The William J Sacco Foundation Inc aims to carry on the legacy of Dr. William J. Sacco by providing a comprehensive reference to his body of work and supporting the development of young people. Through recreational, educational, historical, and cultural activities, the foundation works to evangelize Dr. Sacco's concepts to inspire young individuals as they progress through their careers. The foundation's focus on selfless mentoring and empowering the next generation underscores its impact on fostering critical thinking and personal development in today's youth.
This information is meant to be a general summary of William J Sacco Foundation Inc. 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.
- Program Service Revenue: $7,391
- Gross Receipts: $16,168
Assets and Liabilities:
- Total Assets: $36,331
- Total Liabilities: $0
- Net Assets: $36,331
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IN KIND SERVICE INCOME
Revenue
$7,391
Organization Details
Founding Year
2012
Phone
(877) 829-5500Principal Officer
John F Kutcher
Main Address
302 DOVE COURT, FOREST HILL, MD, 21050
Website
www.saccofoundation.orgNTEE Category
Code: B82 - Education
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