Overview
What is Siebert Family Foundation?
The Siebert Family Foundation serves as a public foundation, dedicating its resources to backing qualified 501(c)(3) organizations. Their primary mission is to extend support to these nonprofit organizations, thereby contributing positively to various societal causes. As a public foundation, they play a significant role in enhancing the impact of these organizations by providing them with the necessary financial aid.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Siebert Family Foundation has been rated as needing improvement, achieving an overall score of 73%. This rating reflects a strong performance in certain areas such as having a majority of independent board members and no material diversion of assets, both of which contribute positively to its accountability and finance score. The foundation also demonstrates a commendable program expense ratio, indicating that its resources are primarily directed toward its mission-related activities.
However, the foundation faces significant criticisms due to the absence of several key policies, including a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. These missing policies have adversely impacted its overall score. Additionally, the foundation has not made its tax forms available on its website, which further detracts from its transparency efforts.
Overall, while the Siebert Family Foundation shows strengths in board independence and financial management, the lack of essential governance and transparency measures indicates areas where improvement is necessary for enhancing donor trust and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Siebert Family Foundation legitimate?
Siebert Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Siebert Family 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
For more financial information, click here
What is the mission statement of Siebert Family Foundation?
The Siebert Family Foundation serves as a public foundation, dedicating its support to qualified 501(c)(3) organizations. Their mission is centered around providing aid to these organizations, contributing to various charitable causes. The foundation's activities are geared towards uplifting these organizations and the communities they serve. While the specific focus areas of the foundation's support are not explicitly stated in the provided information, it can be inferred that they aim to contribute positively to societal needs, aligning with the general mission of 501(c)(3) organizations.
Who is the CEO of Siebert Family Foundation?
Steve E Thorne is the Trustee, President of Siebert Family Foundation.
What is the revenue of Siebert Family Foundation?
Siebert Family Foundation's revenue in 2022 was $16,249.
Who are the executives of Siebert Family Foundation and what are their salaries?
There 5 volunteers at Siebert Family Foundation.
Here are 6 key members and their salaries:
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- Other: $0
Where can I find the form 990 for Siebert Family Foundation?
Siebert Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Siebert Family Foundation
The Siebert Family Foundation, as a public foundation, is dedicated to supporting qualified 501(c)(3) organizations. This mission statement implies that the foundation is committed to backing non-profit organizations that are recognized by the Internal Revenue Service as being tax-exempt. By doing so, the Siebert Family Foundation aims to contribute to various social causes and initiatives, ultimately making a positive impact in various communities. The foundation's support extends to various sectors, allowing it to contribute to a wide range of causes that align with its mission.
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Impact
October, 2024
The Siebert Family Foundation has a significant impact by supporting qualified 501(c)(3) organizations, enhancing their capacity to address various social issues. By providing financial resources to grassroots nonprofits and established organizations alike, the foundation plays a crucial role in empowering communities and promoting philanthropy. Located in Brentwood, TN, the foundation's commitment to facilitating positive change aids in advancing health initiatives, education, arts and culture, and community development, ultimately helping to improve the quality of life for many individuals and families. Its strategic funding model not only strengthens the organizations it supports but also fosters innovative solutions to societal challenges, demonstrating a deep commitment to public service and social responsibility.
This information is meant to be a general summary of Siebert Family Foundation. 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 2022.
- Investment Income: $16,249
- Gross Receipts: $42,867
Assets and Liabilities:
- Total Assets: $552,049
- Total Liabilities: $215
- Net Assets: $551,834
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Organization Details
Founding Year
2001
Phone
(615) 463-0658Principal Officer
Steve E Thorne
Main Address
241 GOVERNORS WAY, BRENTWOOD, TN, 37027
NTEE Category
Code: T22 - Philanthropy
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