Overview
What is Tiaa Charitable Inc?
Tiaa Charitable Inc, located at 8625 Andrew Carnegie Blvd, Charlotte, NC, 28262, is a charitable organization that plays a pivotal role in fostering philanthropy and charitable giving. By acting as a sponsoring organization for donor-advised funds and making grants to qualified charities, Tiaa Charitable facilitates, supports, and increases charitable activities. With a mission to encourage charitable contributions, the organization receives gifts of money or property, invests and reinvested the funds, and applies the income and principal to further its charitable purposes through grants to organizations.
Official website here: www.tiaacharitable.org
What are the reviews and ratings of this charity?
90% rating from Charity Navigator.
Tiaa Charitable Inc has achieved a notable Four-Star out of Four Star rating, reflecting its high level of accountability and financial management. The organization excels in several key areas, such as maintaining an independent board and having no material diversion of assets. The program expense ratio is impressive at 89.08%, indicating that a significant portion of its resources is directed towards its mission.
Despite its strengths, Tiaa Charitable Inc does have some limitations, notably the absence of a whistleblower policy, which may raise concerns about transparency and governance. Additionally, while the fundraising efficiency ratio is low at $0.002, this may suggest challenges in raising funds relative to expenses incurred in fundraising efforts. Overall, the organization demonstrates strong financial health and governance but could improve in its fundraising strategy and policy development.
This AI summary has been generated from information found on Charity Navigator.
Is Tiaa Charitable Inc legitimate?
Tiaa Charitable Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tiaa Charitable 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: $0
For more financial information, click here
Official website here: www.tiaacharitable.org
What is the mission statement of Tiaa Charitable Inc?
Tiaa Charitable Inc is a charitable organization dedicated to fostering philanthropy and charitable giving. It accepts donations of money and property, manages and invests these funds, and offers assistance to encourage greater charitable contributions. The organization uses the income and principal from these contributions to support various charitable initiatives, directly or through grants to other organizations, all in pursuit of its philanthropic purposes.
Official website here: www.tiaacharitable.org
Who is the CEO of Tiaa Charitable Inc?
Heline Beach is the Director of Tiaa Charitable Inc. The CEO's salary of Tiaa Charitable Inc is $0 and their total compensation is $0.
Official website here: www.tiaacharitable.org
What is the revenue of Tiaa Charitable Inc?
Tiaa Charitable Inc's revenue in 2021 was $26,236,154.
Official website here: www.tiaacharitable.org
Who are the executives of Tiaa Charitable Inc and what are their salaries?
Here are 22 key members and their salaries (Tiaa Charitable Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tiaacharitable.org
Where can I find the form 990 for Tiaa Charitable Inc?
Tiaa Charitable Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.tiaacharitable.org
Learn more at the official website: www.tiaacharitable.org
Mission Statement of Tiaa Charitable Inc
Tiaa Charitable Inc, a charitable organization, is dedicated to fostering philanthropy and charitable giving. It accomplishes this by accepting donations of money and property, managing and reinvesting these funds, and offering assistance to encourage further charitable contributions. The organization then applies the income and principal generated from these investments to charitable causes in line with its mission. Tiaa Charitable Inc serves as a vital intermediary in the philanthropic sector, facilitating the flow of resources to various charitable organizations and initiatives, thereby amplifying their impact. By providing financial support and investment services, Tiaa Charitable Inc enables donors to make a greater difference in the world. In essence, Tiaa Charitable Inc acts as a bridge between donors and the causes they care about, making the act of giving more efficient and effective.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
TIAA Charitable Inc plays a significant role in enhancing charitable activities and promoting philanthropy. By acting as a sponsoring organization of donor-advised funds, it facilitates the process for individuals and organizations to make impactful contributions to various qualified charities. This support encourages a culture of giving and helps streamline the philanthropic efforts of donors, enabling them to invest in causes they are passionate about.
Additionally, TIAA Charitable focuses on empowering charitable giving by receiving and managing gifts of money or property. It reinvests these assets and applies both income and principal toward meaningful contributions, thereby maximizing the impact of donations. Through its initiatives, TIAA Charitable not only supports eligible organizations but also actively works to raise awareness around philanthropy, ultimately fostering a stronger community-oriented mindset in Charlotte, NC, and beyond.
This information is meant to be a general summary of Tiaa Charitable Inc. 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 2021.
- Investment Income: $21,530,183
- Gross Receipts: $180,715,718
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2014
Phone
(800) 392-4420Principal Officer
Heline Beach
Main Address
8625 ANDREW CARNEGIE BLVD, CHARLOTTE, NC, 28262
Website
www.tiaacharitable.orgNTEE Category
Code: T30 - Philanthropy
If you are a representative of Tiaa Charitable Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.