Overview
What is Leon Karelitz Charitable Trust?
The Leon Karelitz Charitable Trust is a nonprofit entity, with its support channeled through the University of Kansas Endowment in Lawrence, Kansas. Their primary mission is to bolster the educational experience at the University of Kansas School of Law, specifically focusing on evidence instruction. By providing financial assistance to this esteemed institution, they aim to contribute positively to the legal education sector.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating
The Leon Karelitz Charitable Trust has received an 84%, indicating a solid performance in its operations and financial management. This rating highlights the organization's commitment to accountability, with a perfect score for having an independent board and no material diversion of assets. Such metrics suggest strong governance and transparency in its practices.
The organization also excels in policy adherence, boasting a complete score for its conflict of interest policy, whistleblower policy, and document retention practices. Additionally, the trust maintains a strong program expense ratio of 89.56%, ensuring that a significant portion of its funds is directed towards its charitable missions, which is a positive indicator for potential donors.
While the rating reflects overall strengths, further detail on the specific impact of its programs might enhance understanding of the organization's effectiveness. However, its financial health, characterized by a 0.00% liabilities to assets ratio, suggests a stable foundation for continued charitable activities.
This AI summary has been generated from information found on Charity Navigator.
Is Leon Karelitz Charitable Trust legitimate?
Leon Karelitz Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leon Karelitz Charitable Trust 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: $489
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Leon Karelitz Charitable Trust?
The Leon Karelitz Charitable Trust is dedicated to supporting the University of Kansas School of Law. Its primary mission is to strengthen the teaching of evidence at the law school. The trust's activities are focused on providing resources and aid to enhance the educational experience in this specific field. By doing so, it contributes to the overall growth and development of legal professionals, ultimately benefiting the wider legal community.
Who is the CEO of Leon Karelitz Charitable Trust?
Unavailable
What is the revenue of Leon Karelitz Charitable Trust?
Leon Karelitz Charitable Trust's revenue in 2022 was $39,394.
Who are the executives of Leon Karelitz Charitable Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $489
- Related: $0
- Other: $0
Where can I find the form 990 for Leon Karelitz Charitable Trust?
Leon Karelitz Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Leon Karelitz Charitable Trust
The Leon Karelitz Charitable Trust is an organization dedicated to providing support for the betterment of the University of Kansas School of Law. Its mission, in essence, is centered around enhancing the teaching of evidence at this prestigious law school. By doing so, the Trust aims to contribute to the overall development and education of law students, ultimately fostering a stronger legal community.
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Impact
October, 2024
The Leon Karelitz Charitable Trust significantly enhances the academic environment at the University of Kansas School of Law by providing vital support specifically aimed at improving the teaching of evidence. This targeted financial assistance directly contributes to enriching the curriculum, ensuring that law students receive a comprehensive and robust education in this essential area of legal studies. By improving educational resources, fostering innovative teaching methods, and potentially funding guest lectures or workshops, the Trust plays a crucial role in preparing students for successful careers in the legal field. The Trust's commitment further exemplifies the importance of philanthropy in strengthening educational institutions and maintaining high standards in legal education.
This information is meant to be a general summary of Leon Karelitz Charitable Trust. 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: $39,394
- Gross Receipts: $39,394
Assets and Liabilities:
- Total Assets: $2,119,185
- Total Liabilities: $0
- Net Assets: $2,119,185
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Organization Details
Founding Year
2010
Phone
(785) 832-7400Main Address
C/O KU Endowment PO Box 928, Lawrence, KS, 660440928
NTEE Category
Code: T30 - Philanthropy
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