Overview
What is Pledgeling Foundation?
The Pledgeling Foundation, located in San Francisco, California, serves as a clearinghouse for donor-advised charitable grants to various third-party organizations. With a significant impact, the foundation facilitated approximately 8,000 grants in total. The Pledgeling Foundation's primary mission is to streamline the charitable donation process, allowing donors to support their chosen causes effectively and efficiently.
Official website here: www.pledgelingfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 68%, Two-Star out of Four Star rating.
The Pledgeling Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in terms of accountability and finance. The organization benefits from having a fully independent board, which is a positive factor in governance. Insights into their financial practices show a high program expense ratio, meaning most funds are directed towards their initiatives, which is a strong point.
However, there are notable concerns regarding their financial health, particularly highlighted by a low score in the liabilities to assets ratio, indicating potential financial instability. While their fundraising efficiency is commendable, the working capital ratio suggests that the foundation may have limited resources available for operational needs. These factors contribute to a mixed view of the foundation's overall sustainability and effectiveness.
Users and stakeholders may appreciate the transparent governance policies in place, which include documented conflict of interest and whistleblower policies. However, the financial challenges indicated by the ratios may warrant caution for potential donors and supporters who are looking for organizations with robust financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Pledgeling Foundation legitimate?
Pledgeling Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pledgeling 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.pledgelingfoundation.org
What is the mission statement of Pledgeling Foundation?
The Pledgeling Foundation serves as a clearinghouse for charitable donations from donors to various third-party organizations. In this role, it facilitates the granting process to approximately 8,000 charitable organizations. The foundation's primary mission is to streamline the charitable giving experience for donors, allowing them to support multiple causes with ease. By operating as a clearinghouse, the Pledgeling Foundation effectively amplifies the impact of individual donor contributions. In essence, it bridges the gap between donors and the organizations that need their support, ensuring that donations reach their intended recipients.
Official website here: www.pledgelingfoundation.org
Who is the CEO of Pledgeling Foundation?
James Citron is the President of Pledgeling Foundation.
Official website here: www.pledgelingfoundation.org
What is the revenue of Pledgeling Foundation?
Pledgeling Foundation's revenue in 2022 was $19,539,838.
Official website here: www.pledgelingfoundation.org
Who are the executives of Pledgeling Foundation and what are their salaries?
There 5 volunteers at Pledgeling Foundation.
Here are 7 key members and their salaries:
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Official website here: www.pledgelingfoundation.org
Where can I find the form 990 for Pledgeling Foundation?
Pledgeling Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pledgelingfoundation.org
Learn more at the official website: www.pledgelingfoundation.org
Mission Statement of Pledgeling Foundation
The Pledgeling Foundation serves as a clearinghouse for donor-advised charitable donations to various unrelated third-party organizations. In simpler terms, this foundation facilitates charitable giving by managing donations on behalf of its donors and distributing the funds to a multitude of nonprofit recipients. The Pledgeling Foundation has granted funds to approximately 8,000 organizations, making a significant impact in numerous communities and causes.
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Impact
October, 2024
Pledgeling Foundation operates as a clearinghouse for donor-advised charitable donations, significantly impacting the philanthropic landscape by facilitating grants to a wide range of organizations. With the foundation administering pass-through grants to approximately 8,000 organizations, it plays a pivotal role in directing charitable support to diverse causes. Located in San Francisco, CA, the foundation underscores its commitment to philanthropy by connecting donors with the organizations that align with their charitable goals, thus enhancing the flow of resources to those in need and fostering a culture of giving.
This information is meant to be a general summary of Pledgeling 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.
- Gross Receipts: $19,539,838
Assets and Liabilities:
- Total Assets: $3,424,913
- Total Liabilities: $2,623,924
- Net Assets: $800,989
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Organization Details
Founding Year
2013
Phone
(310) 321-4025Principal Officer
James Citron
Main Address
2261 MARKET STREET 5055, SAN FRANCISCO, CA, 94114
Website
www.pledgelingfoundation.orgNTEE Category
Code: T12 - Philanthropy
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