Overview
What is Wexford Foundation?
The Wexford Foundation is a charitable organization situated in Hilton Head Island, South Carolina. With a focus on humanitarian needs, it provides financial and volunteer resources to over 30 non-profit organizations annually. Its mission is to support local non-profits that offer social services, contributing to the well-being of their community. This foundation serves as a crucial partner, enabling these organizations to effectively address various societal challenges.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
The Wexford Foundation has received a Three-Star rating, indicating a solid performance in terms of accountability and finance. The rating is based entirely on the Accountability & Finance beacon, reflecting the organization’s commitment to transparency and effective financial management. The foundation has demonstrated strong governance practices, with 100% of its board members being independent, which is a positive indicator of its operational integrity.
In terms of financial metrics, the foundation has shown impressive figures, including a program expense ratio of 97.66%, meaning that nearly all its expenditures are directed towards its programs. Additionally, it has no material diversion of assets and a liabilities to assets ratio of 0.00%, suggesting a stable financial position. The presence of comprehensive policies related to conflict of interest and document retention further reinforces its commitment to accountability.
However, while the foundation performs well in the areas measured, it is important for potential donors to consider the overall impact and effectiveness of its programs beyond just financial metrics. Engaging with the foundation directly may provide insights into its mission and the tangible outcomes of its work.
This AI summary has been generated from information found on Charity Navigator.
Is Wexford Foundation legitimate?
Wexford Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wexford 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
What is the mission statement of Wexford Foundation?
The Wexford Foundation is a charitable organization with a mission to provide both financial and volunteer resource support to local non-profit organizations. These organizations specialize in providing social services designed to meet humanitarian needs. In line with this mission, the foundation aims to offer aid to enhance their capabilities in addressing various societal issues. In 2022, the foundation awarded grants to over thirty non-profit organizations, demonstrating its ongoing commitment to this cause.
Who is the CEO of Wexford Foundation?
Fred Noonan is the Trustee of Wexford Foundation.
What is the revenue of Wexford Foundation?
Wexford Foundation's revenue in 2022 was $471,628.
Who are the executives of Wexford Foundation and what are their salaries?
There 16 volunteers at Wexford Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Wexford Foundation?
Wexford Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wexford Foundation
Wexford Foundation, as a charitable entity, is dedicated to providing both financial and volunteer resources to various local non-profit organizations. These organizations specialize in offering social services to address humanitarian needs. The foundation's mission is centered around supporting these non-profits financially and with resources, thereby enabling them to effectively cater to the diverse needs of their communities. In 2022, Wexford Foundation demonstrated its commitment to this mission by granting funds to over thirty non-profit organizations. These grants serve as a testament to the foundation's unwavering support for organizations working tirelessly to alleviate humanitarian concerns.
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Impact
July, 2024
Wexford Foundation's impact is profound and far-reaching. By awarding grants to over 30 nonprofit organizations in 2022, the foundation is significantly contributing to the provision of social services for humanitarian needs in Hilton Head Island, SC. Through its financial and volunteer resource support, Wexford Foundation is actively making a difference in the lives of vulnerable individuals and communities in need. Its dedication to supporting local nonprofits focused on human services is creating a positive impact and fostering a stronger, more compassionate community.
This information is meant to be a general summary of Wexford 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: $730
- Gross Receipts: $500,264
Assets and Liabilities:
- Total Assets: $751,426
- Total Liabilities: $0
- Net Assets: $751,426
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Organization Details
Founding Year
2012
Phone
(843) 686-6950Principal Officer
Fred Noonan
Main Address
1000 WILLIAM HILTON PARKWAY STE J18, HILTON HEAD ISLAND, SC, 29928
NTEE Category
Code: P99 - Human services
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