Overview
What is Charles Wellington Taber Trust?
The Charles Wellington Taber Trust is a philanthropic organization situated in Urbanna, Virginia. Its primary mission is to extend financial aid and support to the local community and its citizens through approved grants, as overseen by the Town of Urbanna Town Council. The trust's activities focus on volunteer and community welfare programs, ultimately aiming to enhance the public well-being of Urbanna's residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Charles Wellington Taber Trust has achieved a 77% rating from Charity Navigator, indicating a solid level of accountability and finance management. This score reflects a strong emphasis on financial practices, with a perfect score in several areas such as material diversion of assets and liabilities to assets ratio. The charity's commitment to having an independent board is commendable, with all members being independent, which is important for governance.
However, the trust did receive a low score regarding its whistleblower policy, which could raise concerns about internal accountability practices. Additionally, the independent board size scored zero, suggesting that while board members are independent, there may be issues related to board diversity or activity that need improvement. Overall, while the organization exhibits strong financial stewardship, there are areas related to governance policies that could benefit from further development.
In summary, the Charles Wellington Taber Trust demonstrates a commendable commitment to accountability and transparency, particularly in financial management. However, addressing governance-related policies will be crucial for enhancing overall efficacy and trustworthiness in the eyes of donors and beneficiaries alike.
This AI summary has been generated from information found on Charity Navigator.
Is Charles Wellington Taber Trust legitimate?
Charles Wellington Taber Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charles Wellington Taber 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
For more financial information, click here
What is the mission statement of Charles Wellington Taber Trust?
The Charles Wellington Taber Trust's primary purpose is to provide financial assistance for the welfare and benefit of its community members. This is accomplished through grants, which are approved by the Town Council of Urbanna. The funds from the trust are specifically allocated for volunteer and community welfare programs, aimed at enhancing the overall public well-being. The trust serves as a source of support for various initiatives that contribute to the betterment of the town's citizens.
Who is the CEO of Charles Wellington Taber Trust?
Barbara Hartley is the Mayor/Trustee of Charles Wellington Taber Trust.
What is the revenue of Charles Wellington Taber Trust?
Charles Wellington Taber Trust's revenue in 2022 was $46,505.
Who are the executives of Charles Wellington Taber Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Charles Wellington Taber Trust?
Charles Wellington Taber Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Charles Wellington Taber Trust
The Charles Wellington Taber Trust is a philanthropic organization with a primary mission to provide financial support for the welfare and benefit of its community's citizens. This support is granted following the approval of the Town of Urbanna Town Council. The main objective of the Trust is to channel funds towards volunteer and community welfare programs that contribute to the public's well-being in Urbanna.
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Impact
October, 2024
The Charles Wellington Taber Trust significantly enhances the welfare and quality of life for the citizens of Urbanna, Virginia. By providing financial resources through grants approved by the Town Council, the Trust supports various volunteer and community welfare programs that directly benefit the public. This funding facilitates initiatives focused on public well-being, fostering a stronger, more resilient community. Through its commitment to philanthropy, the Trust plays a crucial role in empowering local organizations and initiatives, ultimately contributing to the overall vitality of Urbanna.
This information is meant to be a general summary of Charles Wellington Taber 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 2022.
- Investment Income: $46,505
- Gross Receipts: $46,505
Assets and Liabilities:
- Total Assets: $1,205,302
- Total Liabilities: $0
- Net Assets: $1,205,302
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Organization Details
Founding Year
1972
Phone
(804) 758-2613Principal Officer
Barbara Hartley
Main Address
PO BOX 179, URBANNA, VA, 23175
NTEE Category
Code: T90Z - Philanthropy
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