Overview
What is Trinity Foundation?
The Trinity Foundation is a nonprofit organization situated in Richmond, Virginia, with the address 903 Forest Avenue. Its primary mission is to manage and distribute funds as memorials, providing financial assistance to various programs and initiatives of Trinity United Methodist Church. These programs encompass mission teams, public forums, and staff development, aiming to enhance the church's overall impact and capabilities. The foundation serves as a vital bridge between memorial donations and the church's diverse needs and activities, ensuring that these funds are allocated effectively and responsibly.
Official website here: www.trinityumc.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Trinity Foundation has received a three-star rating, indicating a solid performance in accountability and finance. The overall score is based solely on this area, where it achieved a score of 76%. This suggests that the organization has a strong commitment to managing its resources effectively, with a program expense ratio of 80.44%, indicating that a significant portion of its expenditures is directed towards its mission-related activities.
Strengths noted in the evaluation include a fully independent board with 11 members, a perfect score for the material diversion of assets, and effective management of liabilities with a 0.00% ratio. However, the foundation has some gaps in its governance policies, as it lacks a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which affected its overall accountability score.
While the foundation demonstrates good financial management practices, the absence of certain governance policies suggests areas for improvement. Addressing these limitations could enhance the organization’s transparency and overall effectiveness, making it more trustworthy for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Trinity Foundation?
96% of 25 reviewers on Facebook recommend Trinity Foundation. Here is a summary of their reviews:
The overall sentiment towards Trinity Foundation is predominantly positive, as most users express satisfaction with its services. Many appreciate the nonprofit's mission and the support it provides, contributing to a sense of community among its patrons.
However, there is at least one concern regarding the cost of the Wednesday night dinners, which was deemed too high by a user who ultimately chose to cancel. It seems that while many appreciate the offerings, there may be some hesitation based on pricing. Overall, the foundation appears to successfully deliver on its commitments to most of its audience.
This AI summary has been generated from reviews found on Facebook.
Is Trinity Foundation legitimate?
Trinity Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity 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.
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Official website here: www.trinityumc.net
What is the mission statement of Trinity Foundation?
The Trinity Foundation's mission is centered around managing memorial funds and distributing grants to support various church needs and activities. Their primary objective is to aid missions and a range of church-related endeavors. In practice, they provide assistance to programs within the Trinity United Methodist Church, extending support to mission teams, public forums, and staff development.
Official website here: www.trinityumc.net
Who is the CEO of Trinity Foundation?
Brian Ford is the President of Trinity Foundation.
Official website here: www.trinityumc.net
What is the revenue of Trinity Foundation?
Trinity Foundation's revenue in 2022 was $76,643.
Official website here: www.trinityumc.net
Who are the executives of Trinity Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.trinityumc.net
Where can I find the form 990 for Trinity Foundation?
Trinity Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trinityumc.net
Learn more at the official website: www.trinityumc.net
Mission Statement of Trinity Foundation
The Trinity Foundation, a nonprofit organization, is dedicated to managing funds contributed as memorials and administering grants to support various church needs and activities. Its primary mission is to provide financial assistance to programs at Trinity United Methodist Church, focusing on mission teams, public forums, and staff development. By doing so, the foundation aims to contribute to the overall growth and wellbeing of the church community.
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Impact
August, 2024
Trinity Foundation's impact includes effectively managing funds contributed as memorials and administering grants to support missions and a variety of church needs and activities. This support enables Trinity United Methodist Church programs, including mission teams, public forums, and staff development, to thrive and fulfill their missions. Through its dedication to managing funds and providing grants, Trinity Foundation plays a crucial role in supporting religious activities and community outreach programs in Richmond, VA, and beyond.
This information is meant to be a general summary of Trinity 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: $55,864
- Gross Receipts: $113,848
Assets and Liabilities:
- Total Assets: $2,388,757
- Total Liabilities: $0
- Net Assets: $2,388,757
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Organization Details
Founding Year
1971
Phone
(804) 288-6057Principal Officer
Brian Ford
Main Address
903 FOREST AVENUE, RICHMOND, VA, 232296633
Website
www.trinityumc.netNTEE Category
Code: X20 - Religion related
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