Overview
What is Family Trust Foundation Of Kentucky?
Family Trust Foundation of Kentucky is a nonprofit organization, commonly known as The Family Foundation, based in Lexington, Kentucky. With a team of five dedicated individuals, this organization's mission is to support Kentucky families and uphold the biblical values that strengthen them. They achieve this by providing educational materials, engaging with churches and communities, offering training, conducting public policy research, engaging with media, and delivering speaking engagements. The Foundation's advocacy primarily focuses on promoting biblically sound public policies, such as those concerning life, marriage, family, and religious freedom, ultimately guiding people toward God's design for the betterment of Kentucky families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
The Family Trust Foundation of Kentucky has received a 79% rating from Charity Navigator, indicating a fair level of effectiveness in its operations. The organization demonstrates strong accountability and financial management, reflected in its impressive 94% independent board membership and a solid program expense ratio of 76.42%, suggesting that a significant portion of its resources is dedicated to its programs rather than administrative costs.
Notably, the foundation has established comprehensive policies, including conflict of interest and whistleblower protections, which enhance its governance framework. The absence of material diversion of assets and a favorable liabilities to assets ratio further underline the organization's financial stability and transparency.
While the three-star rating signifies room for improvement, the foundation's commitment to maintaining an independent board and its adherence to best practices in governance are commendable. Overall, the Family Trust Foundation of Kentucky appears to be a responsible entity focused on effective charitable work, though continuous efforts to enhance its operational efficiency could further boost its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Family Trust Foundation Of Kentucky legitimate?
Family Trust Foundation Of Kentucky is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Trust Foundation Of Kentucky 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: $110,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,996
For more financial information, click here
What is the mission statement of Family Trust Foundation Of Kentucky?
The Family Trust Foundation of Kentucky's mission is centered around supporting families and upholding biblical values. They actively advocate for and educate on public policies that align with these values, primarily focusing on issues such as life, marriage, family, and religious freedom. Their goal is to guide people back to God's design for family wellbeing. The foundation accomplishes this through various means, including producing educational materials, engaging with churches and citizens, conducting policy research, engaging in media outreach, and delivering speaking engagements.
Who is the CEO of Family Trust Foundation Of Kentucky?
David Walls is the Executive Director of Family Trust Foundation Of Kentucky.
What is the revenue of Family Trust Foundation Of Kentucky?
Family Trust Foundation Of Kentucky's revenue in 2022 was $806,686.
Who are the executives of Family Trust Foundation Of Kentucky and what are their salaries?
The average compensation at Family Trust Foundation Of Kentucky during 2022 was $52,199. There are 5 employees and 25 volunteers at Family Trust Foundation Of Kentucky.
There is 1 key member and their salary:
- Compensation: $110,000
- Related: $0
- Other: $13,384
Where can I find the form 990 for Family Trust Foundation Of Kentucky?
Family Trust Foundation Of Kentucky's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Family Trust Foundation Of Kentucky
The Family Trust Foundation of Kentucky is dedicated to upholding the strength of Kentucky families based on biblical values. Their mission involves educating and advocating for publicly acceptable policies that align with these biblical principles, focusing on aspects such as life, marriage, family, and religious freedom. By doing so, the foundation aims to guide people back towards God's design for family well-being in Kentucky.
To accomplish this mission, the Family Trust Foundation of Kentucky provides various resources. They create educational publications, engage in church and citizen outreach and training, conduct public policy research, participate in media engagement, and offer speaking engagements to Kentuckians. These initiatives are intended to support the foundation's objective of standing for Kentucky families and the biblical values that underpin their strength.
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Impact
July, 2024
The Family Trust Foundation Of Kentucky works diligently to stand for Kentucky families and the biblical values that strengthen them. Through their educational publications, church and citizen outreach and training, public policy research, media engagement, and speaking engagements, the foundation advocates for biblically sound public policies concerning life, marriage, family, and religious freedom. Their mission is to point people back to God's good design for the benefit of Kentucky families. By emphasizing these values and advocating for policies that support them, the foundation has a positive impact on the well-being and stability of families in Kentucky.
This information is meant to be a general summary of Family Trust Foundation Of Kentucky. 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: $3,087
- Gross Receipts: $806,686
Assets and Liabilities:
- Total Assets: $949,668
- Total Liabilities: $0
- Net Assets: $949,668
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Organization Details
Founding Year
1989
Principal Officer
David Walls
Main Address
PO BOX 911111, LEXINGTON, KY, 405911111
NTEE Category
Code: P40Z - Human services
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