Overview
What is Congregation Kneseth Israel Endowment Trust?
The Congregation Kneseth Israel Endowment Trust is a nonprofit entity dedicated to supporting its affiliated congregation's operational costs. By providing financial assistance, this trust also facilitates various religious, charitable, and educational programs and activities. Its mission encompasses both funding the congregation's daily expenses and contributing to initiatives aimed at religious, philanthropic, and educational growth.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Congregation Kneseth Israel Endowment Trust has earned a Three-Star rating, reflecting a solid performance in accountability and finance. The charity scored exceptionally well in several areas, such as having a fully independent board and no material diversion of assets. Additionally, it demonstrates a strong commitment to program expenses, with 84.45% of its funds allocated to its programs.
Despite these strengths, the organization has some notable gaps, particularly in governance policies. It lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for ensuring transparency and ethical management. These missing policies negatively impact its overall accountability score.
Overall, while the Congregation Kneseth Israel Endowment Trust shows promise with its strong financial ratios, the absence of specific governance policies indicates areas for improvement to enhance its accountability and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Congregation Kneseth Israel Endowment Trust legitimate?
Congregation Kneseth Israel Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Congregation Kneseth Israel Endowment Trust 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.none
What is the mission statement of Congregation Kneseth Israel Endowment Trust?
The Congregation Kneseth Israel Endowment Trust is committed to aiding in the funding of the congregation's operational expenses and sponsoring programs and activities that serve religious, charitable, and educational purposes. Its primary objective is to support the congregation's day-to-day operations. Additionally, the trust plays a role in financing initiatives that align with religious, charitable, and educational objectives. The trust's activities aim to enhance the congregation's capabilities and contribute to the betterment of its community.
Official website here: www.none
What is the revenue of Congregation Kneseth Israel Endowment Trust?
Congregation Kneseth Israel Endowment Trust's revenue in 2023 was $50,858.
Official website here: www.none
Who are the executives of Congregation Kneseth Israel Endowment Trust and what are their salaries?
Here are 3 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Congregation Kneseth Israel Endowment Trust
The Congregation Kneseth Israel Endowment Trust is committed to assisting in the financial support of the congregation's operational expenses and contributing to programs and activities with religious, charitable, and educational purposes. In essence, the trust aims to contribute financially to various initiatives that align with the congregation's religious, charitable, and educational objectives. By doing so, the trust plays a crucial role in enabling the congregation to carry out its mission effectively.
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Impact
October, 2024
Congregation Kneseth Israel Endowment Trust plays a crucial role in sustaining and enriching the community in Crofton, MD. By providing vital financial support for the congregation's operating expenses, it ensures that the community can continue to thrive. This funding is essential for maintaining the facilities and resources necessary for the congregation's day-to-day activities.
Additionally, the Trust significantly enhances the congregation's offerings in religious, charitable, and educational domains. It supports various programs and activities that foster spiritual growth, community engagement, and cultural education. Through its efforts, the Trust helps create a vibrant environment where members can connect, learn, and support one another, thereby reinforcing the values of philanthropy and communal responsibility. Overall, the Congregation Kneseth Israel Endowment Trust is a cornerstone for stability and growth, making a lasting impact on both individual lives and the wider community.
This information is meant to be a general summary of Congregation Kneseth Israel Endowment Trust. 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: $17,363
- Gross Receipts: $156,437
Assets and Liabilities:
- Total Assets: $685,430
- Total Liabilities: $0
- Net Assets: $685,430
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Organization Details
Founding Year
1995
Principal Officer
Stephen J Sutton
Website
www.noneNTEE Category
Code: T11 - Philanthropy
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