Overview
What is United Way Of South Hampton Roads Foundation?
The United Way of South Hampton Roads Foundation serves as a financial backing for its affiliated organization, United Way of South Hampton Roads. Its primary role is to provide long-term financial support for the organization's charitable, social, educational, and human service programs, activities, and purposes. The foundation also offers an opportunity for local agencies to invest their funds alongside the foundation's, ensuring professional management and oversight of invested funds. Additionally, the foundation facilitates donor-advised giving, enabling donors to recommend grants to domestic organizations that align with both their interests and those of the foundation. Through its international donor-advised giving program, donors can extend their charitable contributions to a variety of organizations globally.
Official website here: www.unitedwayshr.org/about/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (57%)
The United Way Of South Hampton Roads Foundation has received a One-Star out of Four Star rating from Charity Navigator, reflecting significant concerns in its financial accountability. The overall score highlights that the organization has areas that need improvement, particularly in its financial management and reporting practices. While the foundation has a competent governance structure, with a high percentage of independent board members, its financial metrics indicate potential instability.
Strengths identified include a fully independent board and comprehensive policies in place, such as conflict of interest and whistleblower policies. These governance attributes demonstrate a commitment to transparency and ethical operation. However, the foundation’s liabilities to assets ratio and program expense ratio are notably poor, indicating that a significant portion of its resources may not be directed toward its charitable programs.
The lack of availability of its tax form on the nonprofit's website is also a critical issue, as it undermines transparency and accountability. The foundation must address these financial management issues to improve its standing and better serve its community effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about United Way Of South Hampton Roads Foundation?
98% of 15 reviewers on Facebook recommend the United Way of South Hampton Roads Foundation. Here is a summary of their reviews:
Many individuals express deep appreciation for the organization's commitment to supporting the community, particularly highlighting the assistance provided to military members. One reviewer shared a personal experience, crediting the Mission United initiative for preventing potential homelessness and helping to preserve their quality of life. This sentiment reflects a strong belief in the nonprofit's compassionate approach and tangible impact on people's lives.
Overall, the feedback demonstrates that the organization is well-regarded for its heartfelt service and effective programs, fostering a positive reputation within the community it serves.
This AI summary has been generated from reviews found on Facebook.
Is United Way Of South Hampton Roads Foundation legitimate?
United Way Of South Hampton Roads Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of South Hampton Roads 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: $195,826
For more financial information, click here
Official website here: www.unitedwayshr.org/about/foundation/
What is the mission statement of United Way Of South Hampton Roads Foundation?
The United Way of South Hampton Roads Foundation's primary objective is to support and advance the goals of United Way of South Hampton Roads. This is achieved by providing a stable financial foundation for United Way, its certified agencies, and various charitable, social, educational, and human service programs and activities. The foundation offers an opportunity for local agencies to invest their funds alongside its own, benefiting from professional management and oversight. Additionally, United Way of South Hampton Roads Foundation offers a donor-advised giving program. This program facilitates grants to domestic organizations, as per the recommendations of its contributors, ensuring alignment with both the donor's interests and the foundation's programmatic objectives.
Official website here: www.unitedwayshr.org/about/foundation/
Who is the CEO of United Way Of South Hampton Roads Foundation?
Kristel Fitzgerald is the Executive Director of United Way Of South Hampton Roads Foundation.
Official website here: www.unitedwayshr.org/about/foundation/
What is the revenue of United Way Of South Hampton Roads Foundation?
United Way Of South Hampton Roads Foundation's revenue in 2022 was $40,179.
Official website here: www.unitedwayshr.org/about/foundation/
Who are the executives of United Way Of South Hampton Roads Foundation and what are their salaries?
There 18 volunteers at United Way Of South Hampton Roads Foundation.
Here are 18 key members and their salaries:
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Official website here: www.unitedwayshr.org/about/foundation/
Where can I find the form 990 for United Way Of South Hampton Roads Foundation?
United Way Of South Hampton Roads Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedwayshr.org/about/foundation/
Learn more at the official website: www.unitedwayshr.org/about/foundation/
Mission Statement of United Way Of South Hampton Roads Foundation
United Way of South Hampton Roads Foundation's mission is centered around supporting and promoting the objectives of United Way of South Hampton Roads. This involves providing a long-term financial foundation for the organization, its certified agencies, and its charitable, social, educational, and human service programs, activities, and purposes. The foundation serves as a platform for local agencies to invest their funds, benefiting from professional management and oversight provided by the foundation. This opportunity ensures the prudent use of resources, contributing to the collective impact of the united efforts.
Furthermore, United Way of South Hampton Roads Foundation offers a Donor Advised Giving program. This program facilitates grants to domestic organizations, aligning with the interests of both donors and the foundation. By participating in the International Donor Advised Giving, donors can extend their philanthropic reach, providing funding to a diverse array of charitable organizations that align with their values and needs. This approach allows for a more personalized and impactful giving experience, while contributing to the broader mission of the foundation and United Way of South Hampton Roads.
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Impact
October, 2024
The United Way of South Hampton Roads Foundation plays a crucial role in fostering community well-being by providing a sustainable financial base for various charitable, social, educational, and human service programs in the region. Through its long-term financial support, the Foundation empowers United Way and its certified agencies to enhance their capacity to serve, ensuring that vital services are delivered effectively to those in need.
The Foundation also offers unique opportunities for local agencies to invest their funds collaboratively, allowing for professional management and oversight. This partnership not only maximizes the impact of financial resources but also fosters a sense of community among participating organizations.
Additionally, the donor-advised funds facilitate targeted giving, enabling contributors to support specific organizations that align with their philanthropic interests. This system extends the Foundation's reach, connecting donors with various domestic and international charitable initiatives, thereby amplifying the positive impact on broader social issues.
Overall, the Foundation acts as a critical catalyst for community change, addressing pressing needs and enhancing the quality of life for residents in South Hampton Roads through strategic financial support and collaborative efforts.
This information is meant to be a general summary of United Way Of South Hampton Roads 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: $40,179
- Gross Receipts: $40,179
Assets and Liabilities:
- Total Assets: $52,607,331
- Total Liabilities: $51,739,952
- Net Assets: $867,379
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Organization Details
Founding Year
1999
Phone
(757) 853-8500Principal Officer
Kristel Fitzgerald
Main Address
2515 WALMER AVENUE, NORFOLK, VA, 23513
NTEE Category
Code: T11 - Philanthropy
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