Overview
What is Christ Episcopal Church Endowment Fund Inc?
Christ Episcopal Church Endowment Fund Inc is a nonprofit organization based in Charlottesville, Virginia. Its primary purpose is to support the spiritual growth of the Christ Episcopal Church congregation and contribute to the church's mission and charitable programs. The fund, located at 100 West Jefferson Street, is designed to cover general operating expenses and other charitable initiatives. The organization strives to make a positive impact in the community, aligned with the values and beliefs of Christ Episcopal Church.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Christ Episcopal Church Endowment Fund Inc has received a rating of 73%, indicating that while it meets some standards for accountability and transparency, there are significant areas for improvement. The organization benefits from a fully independent board, demonstrating strong governance in that respect. Additionally, its financial stability is noteworthy, with a zero percent liabilities to assets ratio and a 100% program expense ratio, suggesting that all funds are directed toward its mission.
However, the organization falls short in several key areas related to transparency practices. Notably, it lacks a conflict of interest policy, whistleblower policy, and document retention policy, which are essential for fostering trust and accountability. Furthermore, the absence of its website listing on the tax form raises concerns about its online presence and accessibility to stakeholders. Addressing these transparency issues will be critical for enhancing the organization's overall rating and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Christ Episcopal Church Endowment Fund Inc legitimate?
Christ Episcopal Church Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christ Episcopal Church Endowment 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Christ Episcopal Church Endowment Fund Inc?
The mission of Christ Episcopal Church Endowment Fund Inc. is centered around providing financial support to further the spiritual growth of a congregation and enhance the charitable initiatives of a specific Episcopal church, in this case, Christ Episcopal Church in Charlottesville, Virginia. The primary objective is to contribute to the church's overall operations and outreach programs, ultimately aiming to strengthen the spiritual and communal bond within the congregation.
Who is the CEO of Christ Episcopal Church Endowment Fund Inc?
Austin Holbrook is the President of Christ Episcopal Church Endowment Fund Inc.
What is the revenue of Christ Episcopal Church Endowment Fund Inc?
Christ Episcopal Church Endowment Fund Inc's revenue in 2022 was $19,045.
Who are the executives of Christ Episcopal Church Endowment Fund Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Christ Episcopal Church Endowment Fund Inc?
Christ Episcopal Church Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Christ Episcopal Church Endowment Fund Inc
Christ Episcopal Church Endowment Fund Inc is dedicated to supporting the spiritual growth of its congregants and furthering the mission of Christ Episcopal Church in Charlottesville, Virginia. This nonprofit organization aims to provide funds to the church, which in turn can be used for general operating expenses and charitable outreach programs. By doing so, Christ Episcopal Church Endowment Fund Inc plays a crucial role in enhancing the church's capacity to serve its community and make a positive impact. The fund's mission is essentially to bolster the spiritual and charitable endeavors of Christ Episcopal Church, thereby contributing to the betterment of its congregants and the broader community.
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Impact
October, 2024
Christ Episcopal Church Endowment Fund Inc significantly impacts the community by providing essential financial support to Christ Episcopal Church in Charlottesville, VA. This funding is crucial for furthering the spiritual growth of the church's congregants and enhancing the overall mission of the church. By contributing to general operating expenses and charitable outreach programs, the endowment helps cultivate a vibrant spiritual environment and facilitates meaningful charitable initiatives within the community. The resources provided by the fund enable the church to offer support to various programs that address both the spiritual and social needs of its members and those in the surrounding area, fostering a compassionate and engaged congregation.
This information is meant to be a general summary of Christ Episcopal Church Endowment 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,045
- Gross Receipts: $19,045
Assets and Liabilities:
- Total Assets: $875,256
- Total Liabilities: $0
- Net Assets: $875,256
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Organization Details
Founding Year
1985
Phone
(434) 293-2347Principal Officer
Austin Holbrook
Main Address
100 WEST JEFFERSON STREET, CHARLOTTESVILLE, VA, 22902
NTEE Category
Code: X20 - Religion related
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