Overview
What is Washington Regional Association Of Grantmakers?
The Washington Regional Association of Grantmakers is a nonprofit organization situated in Washington D.C., specifically at 1100 New Jersey Ave SE, 710. Their primary mission is to encourage and facilitate responsible and effective philanthropy, aiming to enhance the health and overall well-being of the region's inhabitants. Although the information provided does not specify the exact scope of their activities, it is known that they support various AIDS prevention and service organizations within the Metropolitan Washington, D.C., area. The organization employs a total of 53 individuals, demonstrating its commitment to its cause.
Official website here: www.philanthropydmv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Stars
The Washington Regional Association of Grantmakers has achieved a high rating of 95% from Charity Navigator, reflecting exemplary accountability and financial management. This strong score indicates the organization operates with a high level of transparency and integrity, with all board members being independent, which supports the governance structure.
The organization excels in various financial metrics, including a program expense ratio of 89.06%, indicating that a significant portion of its expenditures directly benefits its mission. Additionally, it boasts a low fundraising efficiency ratio, demonstrating effective use of resources in raising funds. Its policies on conflict of interest, whistleblower protection, and document retention further reinforce its commitment to accountability.
While the organization shows strong financial health, it has a liabilities to assets ratio of 36.79%, which suggests that it maintains a reasonable level of debt in relation to its assets. Overall, the Washington Regional Association of Grantmakers demonstrates outstanding performance in governance and financial stewardship, making it a reliable entity for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Washington Regional Association Of Grantmakers legitimate?
Washington Regional Association Of Grantmakers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington Regional Association Of Grantmakers 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: $223,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,607,136
For more financial information, click here
Official website here: www.philanthropydmv.org
What is the mission statement of Washington Regional Association Of Grantmakers?
The Washington Regional Association of Grantmakers promotes increased effective and responsible philanthropy with the aim of improving the health and vitality of the region and benefiting all its inhabitants. By doing so, they strive to make a positive impact on their community. Their mission involves encouraging philanthropic efforts that are both effective and responsible, which in turn, contributes to the betterment of the region and its inhabitants.
In simpler terms, this organization encourages charitable giving that yields tangible results and positively impacts the community's well-being. They support various organizations and initiatives that contribute to the overall health and vitality of the region.
The Washington AIDS Partnership is one of the projects undertaken by this association, which involves funding several HIV prevention and service organizations in the Washington, D.C. metropolitan area. This initiative highlights the association's commitment to addressing critical health issues within the community.
Official website here: www.philanthropydmv.org
Who is the CEO of Washington Regional Association Of Grantmakers?
Ruth Latoison Ifill is the CEO of Washington Regional Association Of Grantmakers The CEO's salary of Washington Regional Association Of Grantmakers is $185,131 and their total compensation is $223,651.
Official website here: www.philanthropydmv.org
What is the revenue of Washington Regional Association Of Grantmakers?
Washington Regional Association Of Grantmakers's revenue in 2023 was $3,945,378.
Official website here: www.philanthropydmv.org
Who are the executives of Washington Regional Association Of Grantmakers and what are their salaries?
The average compensation at Washington Regional Association Of Grantmakers during 2023 was $46,943. There are 39 employees and 20 volunteers at Washington Regional Association Of Grantmakers.
Here are 20 key members and their salaries (Washington Regional Association Of Grantmakers's CEO's salary is $185,131 and their total compensation is $223,651):
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- Compensation: $185,131
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- Compensation: $105,000
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- Other: $30,267
- Compensation: $129,997
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- Other: $27,490
Official website here: www.philanthropydmv.org
Where can I find the form 990 for Washington Regional Association Of Grantmakers?
Washington Regional Association Of Grantmakers's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.philanthropydmv.org
Learn more at the official website: www.philanthropydmv.org
Mission Statement of Washington Regional Association Of Grantmakers
The Washington Regional Association of Grantmakers promotes increased effective and responsible philanthropy with the aim of enhancing the health and vitality of the region and its inhabitants. By doing so, this organization serves as a catalyst for positive change, striving to make a significant impact in the lives of those residing in the area. Their mission is to foster philanthropy that is both strategic and impactful, ensuring that resources are utilized effectively to address pressing societal issues.
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Impact
July, 2024
Washington Regional Association of Grantmakers (WRAG) is dedicated to promoting increased effective and responsible philanthropy to improve the health and vitality of the region and all who live here. One notable impact of WRAG is through the Washington AIDS Partnership, which funds several AIDS prevention and service organizations throughout the metropolitan Washington, DC area. This initiative plays a crucial role in supporting the fight against HIV/AIDS and providing important services to the community. Overall, WRAG's efforts contribute to enhancing the well-being and quality of life for individuals in the Washington, DC area.
This information is meant to be a general summary of Washington Regional Association Of Grantmakers. 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: $505
- Program Service Revenue: $279,133
- Gross Receipts: $3,945,378
Assets and Liabilities:
- Total Assets: $5,838,205
- Total Liabilities: $2,148,552
- Net Assets: $3,689,653
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT INCOME
Revenue
$273,333
JOB BOARD (SEE SCH. O)
Revenue
$3,040
PROGRAM INCOME
Revenue
$2,760
Organization Details
Founding Year
1991
Principal Officer
Ruth Latoison Ifill
Website
www.philanthropydmv.orgNTEE Category
Code: T20C - Philanthropy
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