Chanan Foundation Inc

Charity Navigator Rating: Two-Star out of Four Stars

Chanan Foundation Inc has received a "Needs Improvement" rating with a score of 67% from Charity Navigator. This rating indicates that while the organization demonstrates some strengths in its governance, including a fully independent board and a strong program expense ratio, there are significant concerns regarding transparency and financial accountability. The lack of publicly accessible financial statements and policies related to conflict of interest, whistleblowing, and document retention highlights areas that require attention.

The organization excels in maintaining an independent board and managing program expenses effectively, which suggests a focused commitment to its mission. However, the absence of necessary financial documentation on its website raises questions about financial transparency and could hinder trust among potential donors and stakeholders. The charity's ability to demonstrate responsible financial practices is critical for fostering donor confidence.

In summary, while Chanan Foundation Inc shows potential through its governance structure and program expenditure, it faces notable challenges in transparency and accountability that need to be addressed for improved public perception and trust. Addressing these limitations will be crucial for the charity's growth and sustainability in the long run.

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

Chanan Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chanan 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: $2,398,897

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