Overview
What is Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger?
The Charitable Trust in Memory of Lena and Berel Goldinger is a philanthropic entity established to support agricultural research. Based in Wilmington, Delaware, this trust distributes its earnings to eligible organizations, as per the Internal Revenue Code sections 509(A)(1) and 509(A)(2). The Jewish Federation of Delaware serves as the beneficiary, with the trust using its resources to fund organizations that carry out agricultural research projects. This charitable trust aims to contribute to the advancement of agricultural knowledge, ultimately benefiting society at large.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating. This rating reflects a focus solely on Accountability & Finance, highlighting the organization's financial management and transparency. The charity achieved high marks in several areas, indicating a commitment to responsible governance and effective use of funds.
One of the notable strengths of the Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger is its fully independent board, receiving a perfect score for having 100% independent members. The charity also demonstrated no material diversion of assets and maintains an exceptional liabilities to assets ratio of 0.00%, signifying a strong financial position.
Despite these strengths, the charity's overall score remains limited by its reliance on a single beacon. While it excels in accountability and financial management, the lack of additional beacons could restrict a more comprehensive evaluation of its impact and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger legitimate?
Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger 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 Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger?
The Charitable Trust in Memory of Lena and Berel Goldinger's mission is to support organizations that adhere to Internal Revenue Code sections 509(A)(1) or 509(A)(2). The primary objective of this support is to facilitate agricultural research. The trust's income is distributed to these eligible organizations at the discretion of the Jewish Federation of Delaware. The goal is to contribute to the advancement of agricultural research through these selected organizations.
Who is the CEO of Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger?
Seth Katzen is the Trustee of Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger.
What is the revenue of Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger?
Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger's revenue in 2022 was $195,370.
Who are the executives of Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger?
Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger
The Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger has a mission to support the Jewish Federation of Delaware by distributing its income to organizations that fall under Internal Revenue Code Section 509(A)(1) or 509(A)(2). These selected organizations are tasked with carrying out agricultural research. The Trust's net income is intended for this purpose, with the Jewish Federation of Delaware having the discretion to choose the eligible organizations. In essence, the Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger aims to contribute to agricultural research through its donations to qualifying organizations, as overseen by the Jewish Federation of Delaware.
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Impact
October, 2024
The Charitable Trust in Memory of the Descendents of Lena and Berel Goldinger has a significant impact by supporting the Jewish Federation of Delaware through financial contributions to organizations engaged in agricultural research. By distributing income in accordance with IRS Code Sections 509(a)(1) and 509(a)(2), the trust helps fund research initiatives that can lead to advancements in agriculture, sustainability, and innovation. This support not only aids in the development of agricultural practices but also encourages collaboration and knowledge-sharing within the community focused on improving agricultural methods and their societal benefits. The trust's strategic alignment with the Jewish Federation of Delaware empowers it to identify and select relevant organizations, ensuring that the funds are utilized effectively to promote research and solutions that can impact both local and broader agricultural landscapes.
This information is meant to be a general summary of Charitable Trust In Memory Of The Descendents Of Lena And Berel Goldinger. 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: $195,370
- Gross Receipts: $195,370
Assets and Liabilities:
- Total Assets: $4,174,916
- Total Liabilities: $0
- Net Assets: $4,174,916
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Organization Details
Founding Year
1985
Phone
(302) 427-2100Principal Officer
Seth Katzen
Main Address
CO JFD 101 GARDEN OF EDEN RD, WILMINGTON, DE, 19803
NTEE Category
Code: T90Z - Philanthropy
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