Overview
What is George T Swain & Olga C Swain Foundation?
The George T Swain & Olga C Swain Foundation is a nonprofit organization that is committed to supporting the Charleston, West Virginia Police Department. They have undertaken several initiatives to aid the department, such as supplying pistols, uniforms, necessary supplies, and fitness equipment. Furthermore, they have shown appreciation towards the police force by hosting dinners for both current and former members. Beyond this, the foundation offers eight scholarships annually to the children of current and retired police officers, thereby extending its support to the families associated with the department. In essence, the George T Swain & Olga C Swain Foundation is dedicated to enhancing the well-being of the Charleston Police Department and its family members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The George T Swain & Olga C Swain Foundation has received a 73% rating, indicating a moderate level of accountability and financial transparency. The organization shows strengths in governance, with a fully independent board and no material diversion of assets, reflecting a solid commitment to ethical oversight. Additionally, it has a strong program expense ratio of 76.40%, demonstrating that a significant portion of its resources is directed toward its charitable programs.
However, the foundation has notable weaknesses in its policies and documentation. Key policies, including a conflict of interest policy, whistleblower policy, and document retention and destruction policy, are missing, which raises concerns about its operational accountability. Furthermore, the absence of the tax form on the nonprofit's website could limit transparency for potential donors and stakeholders.
Overall, while the George T Swain & Olga C Swain Foundation exhibits commendable aspects in governance and program expenditure, the lack of essential policies may hinder its overall effectiveness and trustworthiness in the eyes of donors.
This AI summary has been generated from information found on Charity Navigator.
Is George T Swain & Olga C Swain Foundation legitimate?
George T Swain & Olga C Swain Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. George T Swain & Olga C Swain 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: $1,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of George T Swain & Olga C Swain Foundation?
The George T Swain & Olga C Swain Foundation's mission is centered around supporting the Charleston Police Department. They accomplish this by implementing various initiatives, such as providing pistols, uniforms, essential supplies, and fitness equipment for the police force. Additionally, they organize dinners for current and former members of the department. The foundation's initiatives extend beyond material support, as they also offer eight scholarships to the children of current and former police officers.
Who is the CEO of George T Swain & Olga C Swain Foundation?
Jane Sargent is the Secretary of George T Swain & Olga C Swain Foundation.
What is the revenue of George T Swain & Olga C Swain Foundation?
George T Swain & Olga C Swain Foundation's revenue in 2022 was $122,805.
Who are the executives of George T Swain & Olga C Swain Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
Where can I find the form 990 for George T Swain & Olga C Swain Foundation?
George T Swain & Olga C Swain Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of George T Swain & Olga C Swain Foundation
The George T Swain & Olga C Swain Foundation is dedicated to supporting the Charleston, WV Police Department. This nonprofit organization takes various initiatives to aid the police force, providing them with essential resources such as pistols, uniforms, supplies, and fitness equipment. Beyond material support, the foundation also shows appreciation to current and former members of the department by organizing dinners in their honor. In addition to these direct contributions, the George T Swain & Olga C Swain Foundation also offers eight scholarships to the children of current and former police officers. This financial aid serves as a testament to the organization's commitment to the families of those who protect and serve the community.
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Impact
October, 2024
The George T. Swain & Olga C. Swain Foundation has made a significant impact on the Charleston, WV Police Department through various initiatives designed to support and enhance the effectiveness of the police force. It has provided essential resources such as pistols, uniforms, supplies, and fitness equipment, ensuring that officers are well-equipped to serve the community effectively.
In addition to material support, the foundation fosters a sense of camaraderie and community within the department by organizing dinners for current and former police personnel, nurturing relationships and honoring service. Furthermore, it invests in the futures of police families by offering scholarships to children of current and former officers, promoting educational opportunities that can lead to brighter prospects for the next generation.
Overall, the foundation plays a crucial role in strengthening both the operational capacity of the Charleston Police Department and the well-being of its members and their families.
This information is meant to be a general summary of George T Swain & Olga C Swain 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: $122,805
- Gross Receipts: $361,714
Assets and Liabilities:
- Total Assets: $913,080
- Total Liabilities: $0
- Net Assets: $913,080
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Organization Details
Founding Year
1992
Phone
(304) 348-8452Principal Officer
Jane Sargent
Main Address
UNITED NATIONAL BANK PO BOX 393, CHARLESTON, WV, 25322
NTEE Category
Code: T90Z - Philanthropy
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