United Way Legacy Foundation

Charity Navigator Rating: 74%, Two-Star out of Four Star rating

The United Way Legacy Foundation has received a 74% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scores well on aspects such as its conflict of interest and whistleblower policies, both of which are fully documented. Additionally, there is no evidence of material diversion of assets, contributing positively to its overall governance profile.

Despite its strengths, the foundation has areas for improvement, particularly in its board composition. While it boasts a majority of independent board members, it has only two independent members, which limits its overall governance score. Furthermore, the organization’s program expense ratio is 62.29%, which suggests that a considerable portion of its expenditures may not be directed towards its programs, potentially raising concerns about its operational efficiency.

Overall, while the United Way Legacy Foundation demonstrates solid governance practices and a commitment to accountability, the two-star rating reflects both its strengths and the areas where it needs to enhance its financial management and oversight to better serve its mission.

This AI summary has been generated from information found on Charity Navigator.

United Way Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Legacy 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: $0

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