Overview
What is Virginia R Moseley Charitable Trst?
The Virginia R Moseley Charitable Trust is a nonprofit organization, specifically a charitable trust, located in Raleigh, North Carolina. Their primary goal is to extend financial aid to individuals battling cancer and to support research initiatives in the field of cancer. They strive to provide both direct assistance to cancer patients and to contribute funds towards advancing cancer research. The trust operates within the confines of Raleigh, North Carolina, and its specific address is not provided in the data.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 17%
The Virginia R Moseley Charitable Trust has received a rating of 17%, resulting in a Zero-Star out of Four Star rating from Charity Navigator. This score indicates significant concerns regarding the organization's accountability and financial practices. Key areas contributing to this low rating include a lack of independent board members, missing essential policies such as conflict of interest and whistleblower policies, and a failure to publicly post crucial documents like tax forms and meeting minutes.
Despite having no material diversion of assets, which scored the organization full points in that area, the overall governance and transparency issues overshadow this positive aspect. The program expense ratio is also relatively low at 46.97%, suggesting that less than half of the organization's expenses are directed towards its programs, which raises questions about its operational effectiveness and prioritization of funds.
Overall, the significant deficiencies in governance practices, lack of transparency, and minimal investment in program effectiveness highlight serious limitations within the Virginia R Moseley Charitable Trust. Potential donors and stakeholders should consider these issues carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia R Moseley Charitable Trst legitimate?
Virginia R Moseley Charitable Trst is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia R Moseley Charitable Trst 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: $47,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Virginia R Moseley Charitable Trst?
The Virginia R Moseley Charitable Trust is committed to a mission that involves providing financial aid to individuals battling cancer and supporting research aimed at combating this disease. By providing funds for cancer patients, the trust seeks to alleviate some of their financial burdens during their treatment journey. Additionally, the organization invests in cancer research, aiming to contribute to advancements in medical understanding and the development of more effective treatments. This mission is carried out with the objective of making a significant impact in the fight against cancer.
What is the revenue of Virginia R Moseley Charitable Trst?
Virginia R Moseley Charitable Trst's revenue in 2024 was $745,425.
Who are the executives of Virginia R Moseley Charitable Trst and what are their salaries?
There is 1 key member and their salary:
- Compensation: $47,978
- Related: $0
- Other: $0
Where can I find the form 990 for Virginia R Moseley Charitable Trst?
Virginia R Moseley Charitable Trst's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Virginia R Moseley Charitable Trst
Virginia R Moseley Charitable Trust is an organization dedicated to making a significant impact in the field of cancer. Its primary mission is twofold: firstly, to provide financial aid to individuals battling cancer, and secondly, to contribute funds towards cancer research. By offering financial assistance to cancer patients, the trust aims to alleviate some of the financial burdens associated with cancer treatment, enabling them to focus on their recovery. Simultaneously, the trust invests in cancer research, seeking advancements and breakthroughs that could ultimately lead to improved treatment methods and, eventually, a cure. In this way, Virginia R Moseley Charitable Trust plays a crucial role in supporting those affected by cancer and contributing to the broader scientific community's collective efforts to combat the disease.
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Impact
October, 2024
Virginia R Moseley Charitable Trust significantly impacts the fight against cancer by providing essential financial support to cancer patients and funding innovative cancer research. By distributing funds directly to those battling the disease, the organization alleviates some of the financial burdens that accompany treatment, allowing patients to focus on their recovery. Simultaneously, its commitment to cancer research promotes advancements in understanding and combating the disease, paving the way for new treatments and improving patient outcomes. This dual approach not only supports individuals facing cancer today but also contributes to the broader scientific efforts aimed at eradicating the disease for future generations. Based in Raleigh, NC, the Trust plays a critical role in enhancing the quality of life for patients while propelling forward the quest for more effective therapies and cures.
This information is meant to be a general summary of Virginia R Moseley Charitable Trst. 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 2024.
- Investment Income: $100,716
- Gross Receipts: $4,751,932
Assets and Liabilities:
- Total Assets: $3,502,740
- Total Liabilities: $0
- Net Assets: $3,502,740
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Organization Details
Founding Year
1969
Principal Officer
Thomas F Wiggins
NTEE Category
Code: G12 - Disease
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