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Kr Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522209669 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Kr Fund Inc?

Kr Fund Inc, based in Baltimore, Maryland, serves as a grant-providing entity for public charitable organizations. Its primary role is aligned with the mission of the Associated: Jewish Community Federation of Baltimore, Inc., aiming to carry out charitable, educational, and religious purposes. By distributing funds to eligible organizations, Kr Fund Inc contributes to the broader goals of its associated entity, aiming to positively impact the community. The exact nature of the grants and the specific causes they support are outlined in the organization's schedule.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0%

Kr Fund Inc has received a 0% rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly across multiple metrics, with a particularly low score on the composition and independence of its board members, earning 0 out of 10 points for having no independent members. This lack of independent oversight is a notable weakness that could impact the charity's operations and governance.

In terms of documentation and policy transparency, Kr Fund Inc also faced challenges. The organization does not have essential policies, such as a conflict of interest policy or a whistleblower policy, which are critical for maintaining ethical standards and accountability. Additionally, the charity's website does not contain necessary financial documents, such as the IRS Form 990, further hindering transparency for potential donors.

Despite a positive score for not having any material diversion of assets, the overall lack of accountability and governance policies raises red flags regarding the organization's operational integrity. Potential donors should weigh these significant limitations when considering contributions to Kr Fund Inc.


This AI summary has been generated from information found on Charity Navigator.

Is Kr Fund Inc legitimate?

Kr Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kr Fund 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 Kr Fund Inc?

Kr Fund Inc, established with the purpose of supporting charitable, educational, and religious causes, carries out its mission by providing grants to public charitable organizations. Aligned with the objectives of the Associated Jewish Community Federation of Baltimore Inc., the foundation's grants aim to advance the broader goals of the Associated. The Kr Fund Inc's mission is therefore to contribute to the welfare of various communities by supporting the initiatives of public charitable organizations.

Who is the CEO of Kr Fund Inc?

Marc B Terrill is the President And Public Director of Kr Fund Inc.

What is the revenue of Kr Fund Inc?

Kr Fund Inc's revenue in 2022 was $21,837.

Who are the executives of Kr Fund Inc and what are their salaries?

There 3 volunteers at Kr Fund Inc.


Here are 5 key members and their salaries:


Marc B Terrill (President And Public Director)
  • Compensation: $0
  • Related: $841,681
  • Other: $45,897
Michael I Friedman (Secretary/Treasurer&Public Director)
  • Compensation: $0
  • Related: $253,852
  • Other: $12,123
Nancy Kohn Rabin (Vice President And Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Rabin (Vice President And Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra P Gohn Esquire (Public Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kr Fund Inc?

Kr Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kr Fund Inc

Kr Fund Inc, established with the purpose of carrying out charitable, educational, and religious endeavors, was founded to further the mission of the Associated Jewish Community Federation of Baltimore, Inc. (The Associated). The Kr Fund Inc. fulfills this objective by providing grants to public charitable organizations, thereby contributing to the broader goals set by The Associated.

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Impact




October, 2024

Kr Fund Inc plays a significant role in supporting the charitable, educational, and religious initiatives of the Associated Jewish Community Federation of Baltimore. By providing grants to public charitable organizations, it enhances the capacity of these entities to serve the community, addressing various needs such as education, social services, and cultural enrichment.

Through its strategic funding, Kr Fund Inc amplifies the impact of the Associated, ensuring that resources are available for programs that strengthen the Jewish community in Baltimore. This includes fostering connections among community members, promoting educational opportunities, and supporting religious activities that are crucial for community cohesion and cultural preservation.

Overall, Kr Fund Inc’s focus on philanthropy facilitates vital support to organizations that align with its mission, thereby enriching the community and furthering the philanthropic goals of the Associated Jewish Community Federation of Baltimore.




This information is meant to be a general summary of Kr Fund 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.

Revenue
$21,837 (2022)
Expenses
$12,239 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,837
  • Gross Receipts: $22,262

Assets and Liabilities:

  • Total Assets: $1,754,978
  • Total Liabilities: $0
  • Net Assets: $1,754,978

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Organization Details

Founding Year

1999

Principal Officer

Marc B Terrill

Main Address

101 WEST MOUNT ROYAL AVENUE, BALTIMORE, MD, 21201

NTEE Category

Code: T11 - Philanthropy

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