Overview
What is Alys B Baines Charitable Trust?
The Alys B Baines Charitable Trust is a philanthropic organization situated in Orlando, Florida. Its primary mission is to support the First Presbyterian Church of Charleston, West Virginia. This charitable trust contributes to the church's activities and upholds its mission, demonstrating a commitment to religious and community support in the mentioned region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating.
The Alys B Baines Charitable Trust has received a low rating of 50%, resulting in a One-Star designation, which indicates significant concerns regarding its accountability and financial practices. The organization does not have any independent board members and has several missing policies, including conflict of interest and whistleblower policies. These deficiencies in governance practices raise questions about transparency and oversight.
Despite the weaknesses in its governance, the Trust demonstrates a strong commitment to its programs, as evidenced by a high program expense ratio of 89.73%. This indicates that a substantial portion of their resources is directed towards their charitable activities rather than administrative costs or overhead, which is a positive aspect of their operational performance.
However, the lack of basic governance structures and documentation, including meeting minutes and website postings of tax forms, limits the organization’s accountability. The absence of independent oversight may hinder public confidence in the Trust's overall management and mission fulfillment.
This AI summary has been generated from information found on Charity Navigator.
Is Alys B Baines Charitable Trust legitimate?
Alys B Baines Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alys B Baines Charitable 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: $9,530
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Alys B Baines Charitable Trust?
The Alys B Baines Charitable Trust's mission revolves around providing support to a specific entity. More specifically, its objective is to aid the First Presbyterian Church of Charleston, located in West Virginia. This support is likely to encompass various aspects, such as financial assistance, resources, or other forms of aid, aimed at benefiting and sustaining the church's operations and activities. The trust's mission is focused on this singular objective, demonstrating its commitment to supporting the First Presbyterian Church of Charleston, West Virginia.
Who is the CEO of Alys B Baines Charitable Trust?
Truist Bank is the Trustee of Alys B Baines Charitable Trust.
What is the revenue of Alys B Baines Charitable Trust?
Alys B Baines Charitable Trust's revenue in 2022 was $58,967.
Who are the executives of Alys B Baines Charitable Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $9,530
- Related: $0
- Other: $0
Where can I find the form 990 for Alys B Baines Charitable Trust?
Alys B Baines Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alys B Baines Charitable Trust
The Alys B Baines Charitable Trust is committed to providing support for the First Presbyterian Church of Charleston, West Virginia. This philanthropic organization has chosen to focus its mission on this particular church, demonstrating a strong dedication to its religious and community activities. By providing support, the Trust aims to contribute to the church's ongoing operations and mission, thereby playing a role in the spiritual and communal life of its local area.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Alys B Baines Charitable Trust plays a significant role in supporting the First Presbyterian Church of Charleston, West Virginia. By providing financial assistance, the trust facilitates the church's ability to engage with its community, offering spiritual guidance and various outreach initiatives. This support not only helps maintain the church’s operations but also enhances its programs and services, thereby enriching the lives of congregants and the surrounding community. The trust's commitment contributes to the vibrancy of local faith-based activities and fosters a sense of community engagement and philanthropy in the area.
This information is meant to be a general summary of Alys B Baines Charitable 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: $58,967
- Gross Receipts: $1,056,974
Assets and Liabilities:
- Total Assets: $2,218,568
- Total Liabilities: $0
- Net Assets: $2,218,568
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1953
Phone
(804) 273-7445Principal Officer
Truist Bank
Main Address
PO BOX 919798, ORLANDO, FL, 328919798
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Alys B Baines Charitable Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.