Longwood University Trust

Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)

The Longwood University Trust has received an 84% rating, which reflects a solid Three-Star designation based primarily on its accountability and finance practices. This score indicates that the charity is effectively managing its resources, as evidenced by a high program expense ratio of 97.12%, which signifies that a significant portion of its expenses is directed towards its programs rather than administrative costs.

Strengths highlighted include a fully independent board with 85% of its members meeting this criterion and a strong audit and oversight committee, both contributing positively to the organization’s governance. Additionally, there are no reported diversions of assets, which suggests a strong commitment to financial integrity and stewardship of donor funds.

However, there are notable gaps in the charity's policies, as it lacks a conflict of interest policy, a whistleblower policy, and document retention and destruction policies. Furthermore, the absence of a posted tax form on the nonprofit's website may raise concerns regarding transparency. These limitations are critical to address for enhancing the trust and confidence of donors and stakeholders.

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

Longwood University Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Longwood University Trust 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.longwood.edu/longwoodtrust