Overview
What is Ufcw Charity Foundation Inc?
Ufcw Charity Foundation Inc is a nonprofit organization located at 1775 K Street NW, Washington DC. Its primary mission is to financially support various charitable organizations, with a focus on those combating hunger in America and striving to increase awareness, support, and funding for blood cancer and related diseases. Additionally, the foundation offers educational scholarships and emergency hardship relief to UFCW members and their immediate family members. The foundation's board of directors also determines contributions to other charitable organizations.
Official website here: www.ufcwcharityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating. The Ufcw Charity Foundation Inc has achieved an overall score that reflects a solid commitment to accountability and finance, with a rating of 81%. This score is derived solely from its performance in these categories, emphasizing the charity's focus on financial transparency and responsible management.
One of the organization's notable strengths is its fully independent board, which consists entirely of independent members. The charity also demonstrates strong audit and oversight practices, evidenced by a high score for its financial statements. Furthermore, it has a remarkable program expense ratio of 98.77%, indicating that a significant portion of its funds is directed towards its mission rather than administrative costs.
However, the charity has some limitations, particularly in its governance policies. It lacks a conflict of interest policy and a whistleblower policy, which are critical for ensuring transparency and ethical operations. Additionally, while the liabilities to assets ratio is relatively moderate at 59.58%, it may still raise concerns regarding financial stability. Overall, while the Ufcw Charity Foundation shows strong financial management, addressing its governance shortcomings could enhance its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Ufcw Charity Foundation Inc legitimate?
Ufcw Charity Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ufcw Charity 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
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Official website here: www.ufcwcharityfoundation.org
What is the mission statement of Ufcw Charity Foundation Inc?
The Ufcw Charity Foundation Inc's mission is centered around providing financial assistance to various charitable organizations. The foundation's primary objective is to support charitable endeavors, extending its reach to organizations working towards eradicating hunger in America and those striving to raise awareness, support, and funding for the fight against blood cancers and related diseases. Additionally, the foundation offers educational scholarships and emergency hardship relief for UFCW members and their immediate family members. Furthermore, the foundation makes charitable donations as determined by its board of directors.
Official website here: www.ufcwcharityfoundation.org
Who is the CEO of Ufcw Charity Foundation Inc?
Danny Kelly is the President of Ufcw Charity Foundation Inc.
Official website here: www.ufcwcharityfoundation.org
What is the revenue of Ufcw Charity Foundation Inc?
Ufcw Charity Foundation Inc's revenue in 2022 was $1,311,253.
Official website here: www.ufcwcharityfoundation.org
Who are the executives of Ufcw Charity Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ufcwcharityfoundation.org
Where can I find the form 990 for Ufcw Charity Foundation Inc?
Ufcw Charity Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ufcwcharityfoundation.org
Learn more at the official website: www.ufcwcharityfoundation.org
Mission Statement of Ufcw Charity Foundation Inc
The Ufcw Charity Foundation Inc, in its mission, financially assists various charitable organizations. The primary focus of this foundation is to provide support for charitable endeavors. Beyond this, the organization also extends its generosity to Ufcw members and their children by offering educational scholarships. The foundation's charitable contributions extend to organizations working to eradicate hunger in America and those dedicated to raising awareness, supporting, and funding the fight against blood cancers and related diseases. Additionally, the Ufcw Charity Foundation Inc provides emergency hardship relief for Ufcw members and their immediate family members, demonstrating its commitment to the well-being of its affiliated workforce. The foundation's charitable donations are determined by its board of directors, highlighting its autonomous decision-making process in allocating funds to deserving causes.
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Impact
July, 2024
UFCW Charity Foundation Inc's impact is felt through its support for various charitable organizations working to end hunger in America and combat blood cancers and diseases. In addition to its external charitable causes, the foundation also provides educational scholarships and emergency hardship relief for UFCW members and their immediate family members. By donating to other charitable organizations as determined by its board of directors, UFCW Charity Foundation Inc plays a crucial role in promoting philanthropy and making a positive difference in the community.
This information is meant to be a general summary of Ufcw Charity 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 2022.
- Investment Income: $25,413
- Gross Receipts: $2,229,495
Assets and Liabilities:
- Total Assets: $7,710,270
- Total Liabilities: $4,594,000
- Net Assets: $3,116,270
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Organization Details
Founding Year
1996
Phone
(202) 223-3111Principal Officer
Danny Kelly
Main Address
1775 K STREET NW, WASHINGTON, DC, 20006
NTEE Category
Code: T12 - Philanthropy
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