Overview
What is Kolker-Saxon-Hallock Family Foundation Inc?
Kolker-Saxon-Hallock Family Foundation Inc, situated in Baltimore, Maryland, is a philanthropic organization that supports public charitable organizations. Aligning with the mission of the Associated: Jewish Community Federation of Baltimore, Inc., the foundation aims to carry out charitable, educational, and religious purposes. To achieve this, they provide grants to various charitable organizations, contributing to their shared goals and objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating reflects a relatively strong performance in accountability and finance, particularly highlighted by an impressive program expense ratio of 91.81%. This indicates that the majority of the foundation's resources are allocated directly towards its programs, which suggests effective utilization of funds for its mission.
The foundation has a majority independent board, with 88% of board members being independent, and has demonstrated transparency by documenting board meeting minutes. Additionally, the organization has reported no material diversion of assets and maintains a liabilities to assets ratio of 0.00%, which signals robust financial health. However, the salaries of key personnel may raise concerns among some donors, given the significant compensation for the president and treasurer.
Despite its strengths, the foundation’s Two-Star rating suggests there may still be areas for improvement in its overall operations or transparency. Donors may want to consider these factors when evaluating the foundation's effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Kolker-Saxon-Hallock Family Foundation Inc legitimate?
Kolker-Saxon-Hallock Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kolker-Saxon-Hallock Family Foundation 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
What is the mission statement of Kolker-Saxon-Hallock Family Foundation Inc?
The Kolker-Saxon-Hallock Family Foundation Inc. was established to support the charitable, educational, and religious pursuits of the Jewish Community Federation of Baltimore Inc., also known as "The Associated." The foundation achieves this by providing grants to public charitable organizations, aligning with the mission of The Associated. These grants aim to contribute to various causes that fall under the umbrella of charity, education, and religion. The primary objective of the Kolker-Saxon-Hallock Family Foundation Inc. is to contribute to the betterment of society by supporting organizations with similar objectives to its partner, The Associated.
Who is the CEO of Kolker-Saxon-Hallock Family Foundation Inc?
Marc B Terrill is the President And Public Director of Kolker-Saxon-Hallock Family Foundation Inc.
What is the revenue of Kolker-Saxon-Hallock Family Foundation Inc?
Kolker-Saxon-Hallock Family Foundation Inc's revenue in 2023 was $154,858.
Who are the executives of Kolker-Saxon-Hallock Family Foundation Inc and what are their salaries?
There 8 volunteers at Kolker-Saxon-Hallock Family Foundation Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $841,681
- Other: $45,897
- 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: $253,852
- Other: $12,123
- Compensation: $0
- Related: $112,391
- Other: $5,127
Where can I find the form 990 for Kolker-Saxon-Hallock Family Foundation Inc?
Kolker-Saxon-Hallock Family Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kolker-Saxon-Hallock Family Foundation Inc
The Kolker-Saxon-Hallock Family Foundation Inc is established with the mission to carry out the charitable, educational, and religious purposes of the Jewish Community Federation of Baltimore Inc. This foundation accomplishes this by providing grants to public charitable organizations, aligning with the mission of the Jewish Community Federation of Baltimore Inc. In essence, Kolker-Saxon-Hallock Family Foundation Inc serves as a philanthropic entity, supporting various public charitable organizations in their efforts to further the goals of educational, charitable, and religious endeavors. By doing so, the foundation contributes to the betterment of society, promoting positive change and development in accordance with the mission of the Jewish Community Federation of Baltimore Inc.
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Impact
October, 2024
The Kolker-Saxon-Hallock Family Foundation Inc plays a significant role in enhancing the charitable, educational, and religious landscape of the Baltimore community, particularly within the Jewish community. By providing grants to public charitable organizations aligned with the mission of the Associated: Jewish Community Federation of Baltimore, the foundation supports a range of initiatives that address human services and community needs.
Through its financial assistance, the foundation helps enable local organizations to carry out important programs that foster education, social services, and religious engagement. This support not only aids immediate community challenges but also helps build a stronger, more cohesive society by promoting values of charity and education. The foundation's commitment to facilitating these efforts ensures ongoing opportunities for growth, unity, and assistance among those it serves.
This information is meant to be a general summary of Kolker-Saxon-Hallock Family Foundation 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 2023.
- Investment Income: $31,524
- Gross Receipts: $158,013
Assets and Liabilities:
- Total Assets: $2,811,434
- Total Liabilities: $0
- Net Assets: $2,811,434
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Organization Details
Founding Year
1988
Phone
(410) 727-4828Principal Officer
Marc B Terrill
Main Address
101 WEST MOUNT ROYAL AVENUE, BALTIMORE, MD, 21201
NTEE Category
Code: P40 - Human services
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