Overview
What is The Shepherd Foundation Ltd?
The Shepherd Foundation Ltd is a nonprofit organization that provides financial aid for Catholic elementary and high school students who require tuition assistance. By offering this support, families in need can ensure their children have access to these educational institutions. This foundation's mission is to bridge the financial gap, enabling children to attend Catholic schools. The Shepherd Foundation's programs are designed to assist families, thereby contributing to the growth and education of the next generation within the Catholic community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (67%)
The Shepherd Foundation Ltd has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization boasts a strong program expense ratio of 99.62% and maintains a 0.00% liabilities to assets ratio, which suggests a healthy financial position, significant gaps in transparency and governance policies have impacted its overall score.
A major area of concern is the absence of financial statements, which resulted in a score of 0 out of 15 points in that category. Additionally, the organization lacks essential governance policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are critical for maintaining accountability and trust. On a positive note, the board of directors is fully independent, underscoring a commitment to governance standards.
Overall, while The Shepherd Foundation Ltd demonstrates effective financial health and independent oversight, the lack of transparency in financial reporting and governance policies may raise concerns for potential donors. Improving these areas could enhance its rating and public trust in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Shepherd Foundation Ltd legitimate?
The Shepherd Foundation Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Shepherd Foundation Ltd 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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What is the mission statement of The Shepherd Foundation Ltd?
The Shepherd Foundation Ltd's mission is centered around providing financial aid for Catholic elementary and high school students who find themselves in financial need. Through its programs, the foundation offers tuition assistance, enabling these families to afford education for their children in these schools. By doing so, the foundation aims to contribute to the overall well-being and future prospects of these students, ensuring they receive a quality education despite their financial circumstances.
Who is the CEO of The Shepherd Foundation Ltd?
Brian Ridgway is the Secretary of The Shepherd Foundation Ltd.
What is the revenue of The Shepherd Foundation Ltd?
The Shepherd Foundation Ltd's revenue in 2022 was $588,888.
Who are the executives of The Shepherd Foundation Ltd and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for The Shepherd Foundation Ltd?
The Shepherd Foundation Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Shepherd Foundation Ltd
The Shepherd Foundation, a notable organization, is dedicated to providing tuition assistance for students attending Catholic elementary and high schools. Families who find themselves in financial need can avail of this support, enabling them to enroll their children in these educational institutions. By offering this crucial aid, The Shepherd Foundation empowers families and ensures that their children have access to quality Catholic education.
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Impact
July, 2024
The Shepherd Foundation Ltd's impact lies in its crucial support for Catholic elementary and high school students who require financial aid. By offering tuition assistance through its programs, the foundation enables families in need to provide their children with access to quality education in these institutions. This direct assistance helps alleviate financial barriers and ensures that deserving students can continue their education in a supportive environment. The Shepherd Foundation's dedication to supporting these families plays a significant role in enhancing educational opportunities and fostering the holistic development of underserved students in the community.
This information is meant to be a general summary of The Shepherd Foundation Ltd. 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: $73,203
- Gross Receipts: $773,367
Assets and Liabilities:
- Total Assets: $533,275
- Total Liabilities: $0
- Net Assets: $533,275
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Organization Details
Founding Year
1988
Phone
(301) 571-4258Principal Officer
Brian Ridgway
Main Address
4005 GLENRIDGE STREET, KENSINGTON, MD, 20895
NTEE Category
Code: P20 - Human services
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