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National Heritage Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 582085326 ✦ Ashburn, VA ✦ Designated as a 501(c)(3)

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Overview

What is National Heritage Foundation Inc?

National Heritage Foundation Inc, based in Ashburn, Virginia, has transformed its operations since 2011, now functioning as a supporting organization for a 501(c)(3) entity, approved by the IRS. Their primary mission involves promoting philanthropy and charitable activities, primarily by backing United Charitable, a donor-advised fund administrator. Through this partnership, they actively support various causes, including Christian ministries, education, humanitarianism, and the arts. By fulfilling legacy goals for its donors, National Heritage Foundation Inc plays a crucial role in channeling philanthropic efforts towards these causes.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

The National Heritage Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a favorable evaluation of its operations and financial health. With an overall score of 84%, the organization demonstrates solid accountability and financial management practices, evidenced by its perfect score for having 100% independent board members and no reported material diversion of assets.

Strengths of the organization include strong governance policies, such as having a listed conflict of interest policy and a whistleblower policy, both of which contribute to transparency and accountability. Additionally, the organization maintains a robust program expense ratio of 86.25%, indicating that a substantial portion of its funds is directed towards its mission-related programs.

Despite these strengths, the rating reflects areas where the organization could continue to improve to enhance its overall rating. Maintaining consistent documentation practices and expanding outreach could further strengthen its operational effectiveness. Overall, the National Heritage Foundation Inc shows commitment to its mission and responsible financial stewardship.


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

Is National Heritage Foundation Inc legitimate?

National Heritage Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Heritage Foundation Inc 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

For more financial information, click here

What is the mission statement of National Heritage Foundation Inc?

The National Heritage Foundation's primary mission is to support United Charitable, a donor-advised fund administrator. Through this association, they actively manage various donor-advised funds that contribute to Christian ministries, education, humanitarianism, and the arts. Additionally, the National Heritage Foundation assists its donors in fulfilling their legacy goals. Their operational amendment in 2011, approved by the IRS, allows them to function exclusively as a support organization for a separate 501(c)(3) entity. Their main objective is to promote philanthropy and charitable activities in this manner, fostering a culture of giving and community support.

Who is the CEO of National Heritage Foundation Inc?

Janet Buchanan is the Secretary & Treasurer of National Heritage Foundation Inc. The CEO's salary of National Heritage Foundation Inc is $0 and their total compensation is $0.

What is the revenue of National Heritage Foundation Inc?

National Heritage Foundation Inc's revenue in 2022 was -$246,560.

Who are the executives of National Heritage Foundation Inc and what are their salaries?

There 5 volunteers at National Heritage Foundation Inc.


Here are 4 key members and their salaries (National Heritage Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Keith Hooper (Secretary & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Buchanan (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Healey (Finance Director)
  • Compensation: $0
  • Related: $192,941
  • Other: $26,881
Stacy L Summitt (Controller)
  • Compensation: $0
  • Related: $120,155
  • Other: $19,406
Where can I find the form 990 for National Heritage Foundation Inc?

National Heritage Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of National Heritage Foundation Inc

The National Heritage Foundation Inc's primary mission revolves around supporting United Charitable, a donor-advised fund administrator. This nonprofit organization serves as a platform, facilitating active donor-advised funds that contribute to various causes such as Christian ministries, education, humanitarianism, and the arts. Beyond this, the National Heritage Foundation Inc also assists its donors in fulfilling their legacy goals. The organization amended its bylaws in 2011, transforming its operations to function exclusively as a support organization for a separate 501(c)(3) entity, which has been recognized by the Internal Revenue Service. This shift in operations allows the National Heritage Foundation Inc to promote philanthropy and charitable activities in a unique manner.

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Impact




October, 2024

National Heritage Foundation Inc significantly impacts philanthropy and charitable activities by acting as a supportive organization for United Charitable, a donor-advised fund administrator. Through this partnership, it facilitates financial contributions towards diverse causes, including Christian ministries, education, humanitarian efforts, and the arts.

By promoting philanthropic values, National Heritage Foundation empowers donors to achieve their legacy goals, enhancing the capacity for charitable giving nationwide. Its operations not only streamline charitable contributions but also nurture a culture of generosity, ultimately benefiting various communities and initiatives aligned with the donors' missions. This approach amplifies the positive effects of philanthropy, fostering a more engaged and supportive society.




This information is meant to be a general summary of National Heritage Foundation Inc. 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.

Revenue
-$246,560 (2022)
Expenses
$4,074,776 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$284,892
  • Program Service Revenue: $17,344
  • Gross Receipts: $65,271

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM REVENUE

Revenue

$17,344

Organization Details

Founding Year

1994

Principal Officer

Janet Buchanan

Main Address

44921 GEORGE WASHINGTON BLVD 230, ASHBURN, VA, 20147

NTEE Category

Code: T11 - Philanthropy

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