Overview
What is Ausherman Family Trust C/O Marvin E Ausherman Trustee?
The Ausherman Family Trust C/O Marvin E Ausherman Trustee is a philanthropic entity based in Frederick, Maryland, specifically at 7420 Hayward Road 203. Their primary mission is to support the Community Foundation of Frederick County Maryland, Inc., an organization dedicated to bettering the lives of Frederick County residents. This support extends to charitable, religious, educational, and scientific purposes, with a focus on addressing the needs of underserved areas within the community. The Trust's contributions aim to enhance the well-being of the local population.
Official website here: www.aushermanfamilytrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Ausherman Family Trust has received an 83% rating from Charity Navigator, indicating a solid performance in accountability and finance. The rating reflects a single beacon score focused on these areas, demonstrating that the organization operates efficiently and responsibly. The most recent evaluation pertains to the fiscal year 2022.
Strengths of the Ausherman Family Trust include a fully independent board, with all 10 members meeting this criterion, and no noted material diversion of assets. The organization maintains a high program expense ratio of 96.57%, suggesting that a significant portion of its funds is dedicated to its mission-driven activities. Additionally, the trust has a well-documented governance framework, including policies for conflict of interest and the retention of documents.
However, the trust is noted to be missing a whistleblower policy and a document retention and destruction policy, which are critical for ensuring transparency and accountability. While these shortcomings do not severely impact the overall financial health and operational integrity of the organization, they are areas where improvement could enhance the trust's governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Ausherman Family Trust C/O Marvin E Ausherman Trustee legitimate?
Ausherman Family Trust C/O Marvin E Ausherman Trustee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ausherman Family Trust C/O Marvin E Ausherman Trustee 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
Official website here: www.aushermanfamilytrust.org
What is the mission statement of Ausherman Family Trust C/O Marvin E Ausherman Trustee?
The Ausherman Family Trust, under the stewardship of Marvin E Ausherman Trustee, supports the Community Foundation of Frederick County Maryland, Inc. in fulfilling its charitable, religious, educational, or scientific purposes. The mission of the Ausherman Family Trust is to enhance the well-being of the residents of Frederick County, Maryland, by initiating institutional projects to address the needs in underserved areas. The trust has shown its commitment by making contributions to various charitable organizations in alignment with the Community Foundation of Frederick County Maryland, Inc.
Official website here: www.aushermanfamilytrust.org
Who is the CEO of Ausherman Family Trust C/O Marvin E Ausherman Trustee?
Marvin E Ausherman is the Trustee of Ausherman Family Trust C/O Marvin E Ausherman Trustee.
Official website here: www.aushermanfamilytrust.org
What is the revenue of Ausherman Family Trust C/O Marvin E Ausherman Trustee?
Ausherman Family Trust C/O Marvin E Ausherman Trustee's revenue in 2022 was $164,398.
Official website here: www.aushermanfamilytrust.org
Who are the executives of Ausherman Family Trust C/O Marvin E Ausherman Trustee 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.aushermanfamilytrust.org
Where can I find the form 990 for Ausherman Family Trust C/O Marvin E Ausherman Trustee?
Ausherman Family Trust C/O Marvin E Ausherman Trustee's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aushermanfamilytrust.org
Learn more at the official website: www.aushermanfamilytrust.org
Mission Statement of Ausherman Family Trust C/O Marvin E Ausherman Trustee
The Ausherman Family Trust C/O Marvin E Ausherman Trustee is committed to supporting the Community Foundation of Frederick County Maryland, Inc. in its charitable, religious, educational, or scientific pursuits. This trust's mission is geared towards enhancing the well-being of the residents of Frederick County, Maryland, through institutional initiatives that aim to address needs in underserved areas. The Ausherman Family Trust C/O Marvin E Ausherman Trustee achieves this by making contributions to various charitable organizations, aligning with the Community Foundation of Frederick County Maryland, Inc.'s objectives. This philanthropic entity contributes to the betterment of its community by supporting organizations that share its vision of uplifting and empowering the less fortunate.
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Impact
October, 2024
The Ausherman Family Trust, under the direction of Marvin E. Ausherman, plays a significant role in enhancing the well-being of residents in Frederick County, Maryland. By supporting the Community Foundation of Frederick County, it contributes to various charitable initiatives aimed at addressing the needs of underserved areas. This philanthropic support facilitates a wide range of activities and programs that promote educational opportunities, religious outreach, and scientific advancements.
Through its contributions, the trust strengthens community ties and fosters collaboration among local organizations, ultimately driving meaningful change. Its focus on enhancing the quality of life for residents aligns with the broader mission of creating a more equitable environment that benefits all individuals, particularly those facing challenging circumstances. The trust's impact is felt across multiple sectors, ensuring that essential resources and support reach those who need them most in the community.
This information is meant to be a general summary of Ausherman Family Trust C/O Marvin E Ausherman Trustee. 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: $164,085
- Gross Receipts: $1,469,509
Assets and Liabilities:
- Total Assets: $6,087,784
- Total Liabilities: $0
- Net Assets: $6,087,784
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Organization Details
Founding Year
2000
Phone
(301) 620-4477Principal Officer
Marvin E Ausherman
Main Address
7420 HAYWARD ROAD 203, FREDERICK, MD, 21702
Website
www.aushermanfamilytrust.orgNTEE Category
Code: T50 - Philanthropy
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