Calipari Foundation Inc

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

The Calipari Foundation Inc has received a solid rating of 83%, reflecting strong accountability and financial practices. This score is based entirely on their Accountability & Finance metrics, showcasing the organization’s commitment to maintaining high standards in these areas. The absence of any material diversion of assets and a perfect score for having a majority of independent board members contribute positively to their overall rating.

Strengths of the foundation include its efficient allocation of funds, with nearly 77% of expenses directed towards programs, which indicates a focus on mission-driven activities. Furthermore, the organization has established and posted essential governance policies, such as a conflict of interest policy, thereby reinforcing its commitment to ethical practices.

However, one limitation noted is the absence of a whistleblower policy and a document retention and destruction policy, which could enhance the foundation's governance framework. Despite these areas for improvement, the foundation’s financial integrity and transparency are commendable.

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

Calipari Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calipari 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: $90,000

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Official website here: www.caliparifoundation.org