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Cigar Family Charitable 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: 593735324 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Cigar Family Charitable Foundation Inc?

The Cigar Family Charitable Foundation Inc, based in Tampa, Florida, is a nonprofit organization committed to making a substantial humanitarian impact in communities within the Dominican Republic. They focus on addressing the challenges of limited education, inadequate healthcare, and scarce employment opportunities by providing a comprehensive solution. The foundation partners with the Fundacion Humo de Amor (FHA) to offer a free primary school education to over 450 students, from preschool to eighth grade, in the Bonao community. To attract qualified teachers, they collaborate with the Dominican Republic's Ministry of Education to supplement teacher salaries. Additionally, the foundation provides students with necessary school supplies, such as uniforms, bags, and essentials, as well as a well-rounded curriculum that includes grammar, mathematics, sciences, computer classes, and arts. English and French language classes are also offered, enabling many students to become bilingual upon graduation.


Official website here: www.cfcf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star rating

Cigar Family Charitable Foundation Inc has achieved an exceptional 100% rating from Charity Navigator, reflecting its strong accountability and financial management practices. This score is entirely based on their performance in accountability and finance, showcasing the organization's commitment to transparency and effective governance.

The foundation demonstrates robust organizational health with a fully independent board and comprehensive policies in place, including conflict of interest and whistleblower policies. Their financial metrics are impressive, with a program expense ratio of 96.53%, indicating that the vast majority of funds go directly to program services rather than administrative costs. Their fundraising efficiency is also noteworthy, with minimal costs associated with fundraising efforts.

Despite these strengths, it is essential to consider the foundation's operational scope and the need for ongoing community engagement. While the financial health is strong, the long-term impact of the programs and initiatives would benefit from regular assessments to ensure they meet the evolving needs of the communities they serve. Overall, Cigar Family Charitable Foundation Inc exemplifies a well-managed nonprofit with a clear focus on accountability.


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

What do the Facebook reviews say about Cigar Family Charitable Foundation Inc?

100% of the 30 reviewers on Facebook recommend Cigar Family Charitable Foundation Inc. Here is a summary of their reviews:

Many reviewers express strong support for the nonprofit's impact, highlighting its commitment to improving the lives of children. The overarching sentiment reflects a belief in the foundation's mission, with comments emphasizing its positive contributions and effectiveness in making meaningful changes within communities.

Overall, supporters feel confident in the foundation's work and express satisfaction with the direction it’s taking in its charitable efforts. The shared belief is that this organization truly makes a difference, with a personal touch in helping those in need.


This AI summary has been generated from reviews found on Facebook.

Is Cigar Family Charitable Foundation Inc legitimate?

Cigar Family Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cigar Family Charitable 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


Official website here: www.cfcf.org

What is the mission statement of Cigar Family Charitable Foundation Inc?

The Cigar Family Charitable Foundation's mission is centered around making a substantial humanitarian impact in communities, particularly in the Dominican Republic. This impact aims to enhance the quality of life for individuals who are disadvantaged due to a lack of education, limited access to healthcare, and insufficient employment opportunities. The foundation accomplishes this by partnering with local organizations, such as the Fundacion Humo de Amor, to provide free education to over 450 students from preschool to eighth grade. To attract skilled teachers, the foundation collaborates with the Ministry of Education to supplement teacher salaries. Furthermore, the foundation supplies students with necessary school items, including uniforms and school bags, and offers a well-rounded curriculum that includes subjects like grammar, mathematics, sciences, computers, and arts. Additionally, English and French classes are provided, allowing many students to become bilingual upon graduation.


Official website here: www.cfcf.org

Who is the CEO of Cigar Family Charitable Foundation Inc?

Unavailable


Official website here: www.cfcf.org

What is the revenue of Cigar Family Charitable Foundation Inc?

Cigar Family Charitable Foundation Inc's revenue in 2022 was $1,750,069.


Official website here: www.cfcf.org

Who are the executives of Cigar Family Charitable Foundation Inc and what are their salaries?

There 100 volunteers at Cigar Family Charitable Foundation Inc.


Here are 8 key members and their salaries:


Carlos Fuente Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Newman (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Newman (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Newman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ciro Cascella (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Fuente-Suarez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liana Fuente (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyris Newman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cfcf.org

Where can I find the form 990 for Cigar Family Charitable Foundation Inc?

Cigar Family Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cfcf.org

Learn more at the official website: www.cfcf.org

Mission Statement of Cigar Family Charitable Foundation Inc

The Cigar Family Charitable Foundation Inc is committed to making a substantial humanitarian impact in communities within the Dominican Republic. Their mission aims to improve the quality of life for individuals who struggle with a lack of education, limited access to healthcare and nutrition, and have few sustainable employment opportunities.

To achieve this mission, the foundation focuses on providing free education to over 450 students in the Bonao community, offering instruction from preschool through eighth grade. Through a partnership with Fundacion Humo de Amor, the foundation ensures that the curriculum is comprehensive, covering subjects such as grammar, mathematics, sciences, computers, and the arts. English and French classes are also offered, often resulting in students becoming bilingual upon graduation. To attract and retain top-tier teachers, the foundation collaborates with the Dominican Republic's Ministry of Education to supplement teacher salaries.

In addition to education, the foundation also provides students with essential school supplies, including uniforms, shoes, T-shirts, pants, and book bags. This commitment to holistic support ensures that students have the necessary resources to succeed academically and socially. By offering a well-rounded curriculum and essential resources, the Cigar Family Charitable Foundation Inc is working to create opportunities for individuals in the Dominican Republic, empowering them to overcome challenges and build a brighter future.

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Impact




July, 2024

Cigar Family Charitable Foundation Inc's impact is evident in the significant humanitarian aid it provides to communities in the Dominican Republic. By offering free education to over 450 students from preschool through eighth grade in the Bonao community, the foundation is directly addressing the lack of education prevalent in the area. With a curriculum that covers grammar, mathematics, sciences, computers, and the arts, CFCF is helping students receive a well-rounded education comparable to many American schools.

Moreover, through partnerships with the Ministry of Education to supplement teacher salaries and provide students with necessary school supplies like uniforms, shoes, and books, CFCF ensures that both teachers and students have the resources they need to succeed. By incorporating English and French classes, many students graduate bilingual, expanding their future opportunities.

Overall, Cigar Family Charitable Foundation Inc's impact extends beyond education to address issues of poor access to healthcare, nutrition, and sustainable employment, ultimately striving to improve the quality of life for those in need in the Dominican Republic.




This information is meant to be a general summary of Cigar Family Charitable 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
$1,750,069 (2022)
Expenses
$1,098,198 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$21,345
  • Gross Receipts: $1,901,607

Assets and Liabilities:

  • Total Assets: $5,759,956
  • Total Liabilities: $127,615
  • Net Assets: $5,632,341

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Organization Details

Founding Year

2001

Main Address

PO Box 2030, Tampa, FL, 336012030

NTEE Category

Code: T30 - Philanthropy

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