Overview
What is Stewart's Foundation?
Stewart's Foundation is a charitable organization located in Saratoga Springs, New York. Its primary goal is to collect donations from individuals at various Stewart's shops. The collected funds are then matched by the Stewart's Corporation and distributed to various tax-exempt organizations. The foundation's mission is to promote and foster tax-exempt purposes, specifically by supporting 501(c)(3) charitable organizations. In 2022, the foundation was able to collect a significant amount of $1,017,250 from individual contributions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Stewart's Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization scored 82% overall, with its evaluation based entirely on the Accountability & Finance beacon. This score highlights the foundation's commitment to transparency and responsible financial practices.
The foundation demonstrates exceptional governance, with a fully independent board and strong audit oversight, achieving top marks in these areas. The financial health of the organization is robust, indicated by a low liabilities to assets ratio and a high program expense ratio, suggesting that nearly all funds are being utilized for its programs rather than administrative costs.
While the overall rating is commendable, the foundation's score is based solely on financial metrics, which may limit insights into its effectiveness in program delivery or social impact. Potential donors and stakeholders might consider seeking additional information about the foundation's programs and outcomes to gain a more comprehensive view of its performance.
This AI summary has been generated from information found on Charity Navigator.
Is Stewart's Foundation legitimate?
Stewart's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stewart's Foundation 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 Stewart's Foundation?
The Stewart's Foundation's mission is centered around collecting donations at individual Stewart's shops. These funds are then utilized to support various 501(c)(3) charitable organizations. The foundation's role also extends to promoting and fostering the tax-exempt purposes of these charities. The collected funds are often matched by the Stewart's Corporation, and subsequently distributed to various eligible organizations. In 2022, the foundation successfully amassed $1,017,250 through individual contributions at various Stewart's shops.
Who is the CEO of Stewart's Foundation?
Ryan Shaw is the President of Stewart's Foundation.
What is the revenue of Stewart's Foundation?
Stewart's Foundation's revenue in 2022 was $2,037,747.
Who are the executives of Stewart's Foundation 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
Where can I find the form 990 for Stewart's Foundation?
Stewart's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stewart's Foundation
Stewart's Foundation, a charitable organization, is dedicated to gathering donations at individual Stewart's shops. The primary objective of this foundation is to utilize these funds to support various 501(c)(3) charitable organizations. Moreover, its mission extends beyond financial support, aiming to promote and foster the tax-exempt purposes of these charities. In the year 2022, Stewart's Foundation successfully collected an impressive sum of $1,017,250 in donations from individuals visiting various Stewart's shops. This collected amount was generously matched by the Stewart's Corporation, and the combined funds were then distributed to numerous tax-exempt organizations. In essence, Stewart's Foundation serves as a bridge between individuals who wish to contribute to charitable causes and the organizations that require such support, thereby promoting and fostering the tax-exempt purposes of these charities.
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Impact
July, 2024
Stewart's Foundation has made a significant impact by collecting donations at individual Stewart's shops and using the funds to support various 501(c)(3) charitable organizations. In 2022, the foundation collected a total of $1,017,250 from individuals making contributions at different Stewart's locations. This amount was then matched by the Stewart's Corporation and distributed to multiple tax-exempt organizations. Through this initiative, Stewart's Foundation has been able to contribute significantly to the betterment of communities and various causes supported by these charitable organizations.
This information is meant to be a general summary of Stewart's Foundation. 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: $5,203
- Gross Receipts: $4,129,641
Assets and Liabilities:
- Total Assets: $3,015,899
- Total Liabilities: $0
- Net Assets: $3,015,899
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Organization Details
Founding Year
2002
Phone
(518) 581-1201Principal Officer
Ryan Shaw
Main Address
PO BOX 435, SARATOGA SPRINGS, NY, 12866
NTEE Category
Code: T31 - Philanthropy
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