Overview
What is Westminster Canterbury Foundation?
The Westminster Canterbury Foundation is a compassionate nonprofit based in Richmond, Virginia. With a commitment to excellence, they provide vital support for residents of Westminster Canterbury Richmond, regardless of their health, cognitive, or financial status. The foundation fosters generosity to ensure the best possible living experience for seniors in need on their campus. Their Fellowship Program offers life care guaranteed access to long-term independent, assisted, or healthcare, as well as housing, meals, medical care, and essential living services for over a hundred seniors-in-need. Additionally, the Foundation provides collaborative services and support to seniors in the greater community through their Fellowship Outreach Program. The organization raises funds for financial assistance, ensuring that no resident is asked to leave due to an inability to pay through no fault of their own. Their initiatives include healthcare services, memory support therapies, pastoral care, wellness and fitness programs, cultural arts programs, healthcare excellence enrichment, and scholarships for children in their on-site child development center.
Official website here: www.wcrichmond.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
The Westminster Canterbury Foundation has achieved an impressive 97% score, reflecting its strong commitment to accountability and finance. This high rating is particularly significant as it is based solely on its Accountability & Finance beacon score, indicating robust fiscal management practices and transparency. The foundation's majority independent board and comprehensive oversight mechanisms further enhance its credibility.
Strengths of the organization include a 100% independent board membership and excellent scores in key financial areas such as program expense ratio and fundraising efficiency. With an 81.31% program expense ratio, the foundation demonstrates a strong commitment to utilizing funds for its intended purposes. Additionally, the lack of material asset diversion and a low liabilities to assets ratio highlight financial stability.
While the data does not indicate any significant limitations, the foundation's high performance ratings suggest that stakeholders can have confidence in its operational integrity. Overall, the Westminster Canterbury Foundation stands out as a highly reliable organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Westminster Canterbury Foundation legitimate?
Westminster Canterbury Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westminster Canterbury 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wcrichmond.org
What is the mission statement of Westminster Canterbury Foundation?
The Westminster Canterbury Foundation is dedicated to raising funds for financial aid, enabling older adults with limited income to reside at Westminster Canterbury and access various programs. This foundation supports seniors from independent living to nursing care, providing essential services such as health care, memory support therapies, and staff training. Additionally, it offers pastoral care, arts programs, scholarships for children, and specialized staffing and equipment for those with special needs. The foundation's goal is to enrich the lives of seniors in the community.
Official website here: www.wcrichmond.org
Who is the CEO of Westminster Canterbury Foundation?
W Russell Gardner is the Chair of Westminster Canterbury Foundation. The CEO's salary of Westminster Canterbury Foundation is $0 and their total compensation is $541,473.
Official website here: www.wcrichmond.org
What is the revenue of Westminster Canterbury Foundation?
Westminster Canterbury Foundation's revenue in 2022 was $12,365,180.
Official website here: www.wcrichmond.org
Who are the executives of Westminster Canterbury Foundation and what are their salaries?
There 27 volunteers at Westminster Canterbury Foundation.
Here are 38 key members and their salaries (Westminster Canterbury Foundation's CEO's salary is $0 and their total compensation is $541,473):
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- Related: $481,696
- Other: $59,777
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- Other: $47,636
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- Other: $36,636
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- Other: $20,320
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- Related: $154,890
- Other: $25,712
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- Related: $139,073
- Other: $39,547
Official website here: www.wcrichmond.org
Where can I find the form 990 for Westminster Canterbury Foundation?
Westminster Canterbury Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wcrichmond.org
Learn more at the official website: www.wcrichmond.org
Mission Statement of Westminster Canterbury Foundation
Westminster Canterbury Foundation is a charitable organization that raises funds to provide financial assistance for older adults with limited income, enabling them to enter and reside at Westminster Canterbury Richmond. The foundation's mission extends beyond financial aid, as it also supports various programs that cater to seniors within the community, ranging from health services to memory support therapies.
The Westminster Canterbury Foundation plays a significant role in enhancing the lives of older adults by securing funds for essential services, such as health care, memory support therapies, and specialized staffing and equipment. These offerings ensure that seniors receive comprehensive care, allowing them to maintain their independence and overall wellbeing.
Moreover, the foundation's commitment to the community extends to the training of clinical and non-clinical staff, as well as community interns. This ongoing investment in professional development not only strengthens the quality of care provided but also ensures that the Westminster Canterbury Richmond community remains a vibrant, dynamic environment for its residents. In addition, the foundation supports programs in the areas of pastoral care, the arts, and scholarships for children in the on-site child development center. These initiatives enrich the lives of both seniors and children within the community.
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Impact
October, 2024
Westminster Canterbury Foundation significantly impacts the lives of seniors in Richmond, Virginia, by providing vital financial assistance and comprehensive support services to those in need. Through its Fellowship Program, the foundation ensures that over 100 residents annually can access long-term independent living, assisted living, or healthcare without the fear of being asked to leave due to financial constraints. This commitment allows individuals to maintain their residence and quality of life, irrespective of their health or financial status.
The foundation not only focuses on residents within its facility but also extends its outreach to the greater community, offering collaborative services to seniors facing challenges outside of its walls. This holistic approach encompasses various aspects of senior care, including funding memory support therapies, wellness programs, pastoral care internships, and cultural arts initiatives, which enrich the lives of residents and promote a vibrant community spirit.
Additionally, by nurturing a culture of generosity, Westminster Canterbury Foundation helps enhance the overall workforce and cultivates leadership within senior services, ensuring that both residents and staff are supported in delivering excellence in care. This impactful mission enhances the lives of senior adults and cultivates a sense of dignity, independence, and well-being within the Richmond community.
This information is meant to be a general summary of Westminster Canterbury 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.
- Investment Income: $2,976,241
- Gross Receipts: $33,318,443
Assets and Liabilities:
- Total Assets: $65,961,229
- Total Liabilities: $650,919
- Net Assets: $65,310,310
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Organization Details
Founding Year
1980
Phone
(804) 264-6000Principal Officer
W Russell Gardner
Main Address
1600 WESTBROOK AVENUE, RICHMOND, VA, 232273337
Website
www.wcrichmond.orgNTEE Category
Code: P75I - Human services
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