Overview
What is National Center For Family Philanthropy Inc?
National Center For Family Philanthropy Inc, based in Washington D.C., is a nonprofit organization dedicated to fostering learning and growth within philanthropic families. Their programs, rooted in a family giving lifecycle, provide onramps for families to plan, learn, and access custom support and resources. They offer webinars, peer networks, learning and action cohorts, conferences, workshops, small group conversations, and retreats to equip families with the necessary tools and resources to make a greater impact with their philanthropic efforts. The organization aims to catalyze the potential of philanthropic families, elevating a bold vision for family philanthropy and activating a network of like-minded families. With a staff of 23, they serve as a supportive community for families engaged in philanthropy.
Official website here: www.ncfp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
The National Center for Family Philanthropy Inc has received a commendable rating of 89%, which reflects a strong performance in accountability and finance. This rating is based solely on their accountability metrics, demonstrating a commitment to transparency and responsible management of resources. The organization has been recognized for having a fully independent board, adherence to ethical policies, and effective fiscal practices.
Strengths highlighted include a robust program expense ratio of 69.02%, indicating that a significant portion of their funds is directed toward their mission-driven activities. Additionally, their fundraising efficiency is impressive, with only $0.08 spent to raise each dollar, showcasing their effective use of funds. Such financial prudence positions the organization favorably among its peers.
While the data reflects strong accountability, ongoing evaluations of program impact and service delivery would provide a more comprehensive view of their overall effectiveness. Nonetheless, the organization appears to uphold high standards of governance and financial stewardship, which is essential for confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is National Center For Family Philanthropy Inc legitimate?
National Center For Family Philanthropy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Center For Family Philanthropy 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: $1,308,304
Professional Fundraising Fees: $0
Other Salaries and Wages: $818,784
For more financial information, click here
Official website here: www.ncfp.org
What is the mission statement of National Center For Family Philanthropy Inc?
The National Center for Family Philanthropy Inc. aims to amplify the impact of philanthropic families by inspiring a bold vision for family philanthropy. They accomplish this by providing families with community, support, and resources, ultimately activating a network of philanthropic families. The organization's activities include offering a variety of educational programs, such as webinars, peer networks, learning and action cohorts, and conferences, to foster learning for philanthropic families throughout their giving lifecycle. These programs cater to families at different stages, offering onboarding opportunities, specialized networks, in-depth learning, and networking events.
Official website here: www.ncfp.org
Who is the CEO of National Center For Family Philanthropy Inc?
Nicholas A Tedesco is the Chair of National Center For Family Philanthropy Inc. The CEO's salary of National Center For Family Philanthropy Inc is $300,005 and their total compensation is $323,668.
Official website here: www.ncfp.org
What is the revenue of National Center For Family Philanthropy Inc?
National Center For Family Philanthropy Inc's revenue in 2022 was $5,883,153.
Official website here: www.ncfp.org
Who are the executives of National Center For Family Philanthropy Inc and what are their salaries?
The average compensation at National Center For Family Philanthropy Inc during 2022 was $92,482. There are 23 employees and 291 volunteers at National Center For Family Philanthropy Inc.
Here are 24 key members and their salaries (National Center For Family Philanthropy Inc's CEO's salary is $300,005 and their total compensation is $323,668):
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- Compensation: $175,486
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- Compensation: $300,005
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- Other: $23,663
- Compensation: $102,283
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- Compensation: $104,943
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- Other: $1,535
- Compensation: $47,044
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- Other: $1,723
Official website here: www.ncfp.org
Where can I find the form 990 for National Center For Family Philanthropy Inc?
National Center For Family Philanthropy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ncfp.org
Learn more at the official website: www.ncfp.org
Mission Statement of National Center For Family Philanthropy Inc
The National Center for Family Philanthropy Inc, often referred to as NCFP, plays a pivotal role in catalyzing the potential of philanthropic families to achieve greater impact with their giving. By elevating a bold vision for family philanthropy, NCFP equips these families with community, support, and resources. This organization serves as a catalyst, activating a network of philanthropic families to make a significant impact in their chosen causes.
In fulfilling its mission, NCFP offers a range of programs designed to foster learning for philanthropic families. These programs are rooted in a family giving lifecycle, providing onramps for families to begin planning, learning, and accessing custom support and resources. NCFP's offerings include fundamental webinars on family philanthropy, peer networks focused on specific groups, learning and action cohorts dedicated to deep shared learning about particular concepts in family philanthropy, conferences, workshops, small group conversations, and retreats. These initiatives aim to empower philanthropic families, enabling them to make more effective and impactful giving decisions.
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Impact
July, 2024
National Center For Family Philanthropy Inc catalyzes the potential of philanthropic families to achieve greater impact with their giving by elevating a bold vision for family philanthropy, equipping family philanthropies with community, support, and resources, and activating a network of philanthropic families. NCFP offers a range of education and event programs that foster learning for philanthropic families, providing onramps for families to begin planning, learning, and accessing custom support and resources. These programs include webinars, peer networks, learning cohorts, conferences, workshops, small group conversations, and retreats. By supporting and educating philanthropic families, NCFP plays a crucial role in enhancing the impact and effectiveness of family philanthropy.
This information is meant to be a general summary of National Center For Family Philanthropy 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: -$8,221
- Program Service Revenue: $1,682,414
- Gross Receipts: $6,217,731
Assets and Liabilities:
- Total Assets: $8,365,097
- Total Liabilities: $922,314
- Net Assets: $7,442,783
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES, EDUCATION
Revenue
$1,476,098
OUTREACH, NETWORK BUIL
Revenue
$206,316
Organization Details
Founding Year
1997
Phone
(202) 293-3424Principal Officer
Nicholas A Tedesco
Main Address
1667 K STREET NW 550, WASHINGTON, DC, 20006
Website
www.ncfp.orgNTEE Category
Code: T50 - Philanthropy
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