Overview
What is The Harry R Halloran Jr Charitable Trust?
The Harry R Halloran Jr Charitable Trust is a philanthropic organization based in Philadelphia, Pennsylvania. Their primary mission is to grant charitable funds and engage in charitable activities that align with the mission of The Philadelphia Foundation. Through these endeavors, they seek to inspire, innovate, and accelerate sustainable social interventions, ultimately contributing to human well-being.
What are the reviews and ratings of this charity?
80% rating from Charity Navigator, which translates to a Three-Star out of Four Star rating, indicates a strong performance in terms of accountability and finance for The Harry R Halloran Jr Charitable Trust. This score is based entirely on the Accountability & Finance category, showcasing the organization’s effective governance and financial practices.
The nonprofit demonstrates solid governance with 80% of its board members being independent, and it has received full marks for its financial statements and oversight committee. The organization has established essential policies, including conflict of interest and whistleblower protections, which highlight its commitment to transparency and ethical operations.
However, the program expense ratio stands at 58.81%, suggesting that a significant portion of expenses may not directly support its programs. While this score contributes to the overall rating, it indicates room for improvement in the allocation of funds towards direct service activities.
This AI summary has been generated from information found on Charity Navigator.
Is The Harry R Halloran Jr Charitable Trust legitimate?
The Harry R Halloran Jr Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Harry R Halloran Jr Charitable 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Harry R Halloran Jr Charitable Trust?
The Harry R Halloran Jr Charitable Trust focuses on grantmaking and charitable activities that align with the mission of the Philadelphia Foundation. Their primary objective is to make charitable grants and engage in philanthropic pursuits that support the broader mission of the Philadelphia Foundation. In addition, they strive to inspire, innovate, and accelerate sustainable social interventions that enhance human well-being. Through their grantmaking efforts, the trust seeks to create meaningful and lasting change.
Who is the CEO of The Harry R Halloran Jr Charitable Trust?
Pedro A Ramos is the Secretary of The Harry R Halloran Jr Charitable Trust.
What is the revenue of The Harry R Halloran Jr Charitable Trust?
The Harry R Halloran Jr Charitable Trust's revenue in 2022 was $13,720,378.
Who are the executives of The Harry R Halloran Jr Charitable Trust and what are their salaries?
There 4 volunteers at The Harry R Halloran Jr Charitable Trust.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $408,123
- Other: $65,036
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Harry R Halloran Jr Charitable Trust?
The Harry R Halloran Jr Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Harry R Halloran Jr Charitable Trust
The Harry R Halloran Jr Charitable Trust is a philanthropic organization dedicated to making charitable grants and pursuing charitable activities that align with the mission of the Philadelphia Foundation. This trust seeks to inspire, innovate, and accelerate sustainable social interventions that promote human well-being. By making charitable grants, The Harry R Halloran Jr Charitable Trust invests in initiatives that bring about positive change and contribute to the betterment of communities. The trust's mission extends beyond financial support, as it also aims to inspire and innovate, pushing the boundaries of what is possible in the charitable sector. The Harry R Halloran Jr Charitable Trust's pursuit of sustainable social interventions underscores its commitment to creating lasting, impactful change. The organization's grant-making and charitable activities are designed to support the Philadelphia Foundation's mission and make a difference in the lives of individuals and communities.
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Impact
October, 2024
The Harry R Halloran Jr Charitable Trust has a significant impact by making grants that foster social innovation and community well-being in Philadelphia. By supporting the mission of the Philadelphia Foundation, the Trust plays a vital role in inspiring and accelerating sustainable social interventions. Its focus on charitable activities not only addresses immediate needs but also promotes long-term solutions that enhance the quality of life for individuals and communities. Through its contributions, the Trust helps to cultivate an ecosystem of philanthropy that empowers local organizations and initiatives, ultimately driving positive change and enhancing human well-being in the region.
This information is meant to be a general summary of The Harry R Halloran Jr Charitable Trust. 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: $13,720,378
- Gross Receipts: $13,720,378
Assets and Liabilities:
- Total Assets: $27,064,452
- Total Liabilities: $2,276,932
- Net Assets: $24,787,520
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Organization Details
Founding Year
2013
Phone
(215) 563-6417Principal Officer
Pedro A Ramos
Main Address
1835 MARKET STREET 2410, PHILADELPHIA, PA, 19103
NTEE Category
Code: T11 - Philanthropy
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