Overview
What is Tipton Charitable Foundation?
The Tipton Charitable Foundation is a nonprofit organization, established with the primary goal of offering support to the Tipton Children's Home. This foundation holds a strong commitment to the well-being of children and plans to expand its assistance to other child-related projects in the future. The organization's mission revolves around providing essential aid to these projects, contributing to the overall betterment and welfare of children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating. The Tipton Charitable Foundation has received a mixed assessment, primarily due to its low score in Accountability & Finance. While it excels in certain areas, such as having a fully independent board and a solid program expense ratio, it lacks in transparency, notably failing to provide financial statements or maintain several key policies.
The foundation's strengths include a completely independent board with no material diversion of assets, ensuring governance quality. However, significant concerns arise from the absence of essential documents like financial statements and policies for conflict of interest, whistleblower protection, and document retention. These omissions contribute to the foundation's low overall rating.
Overall, while the Tipton Charitable Foundation demonstrates commitment to its programs, the lack of transparency and accountability measures limits its effectiveness and could hinder trust among potential supporters. Addressing these issues is crucial for enhancing its standing and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Tipton Charitable Foundation legitimate?
Tipton Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tipton Charitable 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Tipton Charitable Foundation?
The Tipton Charitable Foundation is established with the mission to offer support to the Tipton Children's Home, serving as a source of aid. In the future, the foundation intends to extend its assistance to other initiatives aimed at benefiting children. The primary objective of the Tipton Charitable Foundation is to provide aid and assistance to children in need. Its initial focus is on the Tipton Children's Home, but it has plans to expand its reach to other projects in support of children. The foundation's goal is to contribute positively to the lives of children, providing them with much-needed support and resources.
Who is the CEO of Tipton Charitable Foundation?
Joe Waugh is the President of Tipton Charitable Foundation.
What is the revenue of Tipton Charitable Foundation?
Tipton Charitable Foundation's revenue in 2022 was $1,343,336.
Who are the executives of Tipton Charitable Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Tipton Charitable Foundation?
Tipton Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tipton Charitable Foundation
The Tipton Charitable Foundation, established with a noble purpose, is dedicated to providing support to the Tipton Children's Home and planning for future initiatives aimed at assisting children. This nonprofit organization's mission is centered around offering aid to the children's home and envisioning additional projects that will benefit children in the future. The Tipton Charitable Foundation's primary objective is to make a positive impact on the lives of children, ensuring their well-being and fostering opportunities for their growth and development.
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Impact
July, 2024
The Tipton Charitable Foundation has made a significant impact by providing crucial support to the Tipton Children's Home, ensuring a safe and nurturing environment for vulnerable children. The foundation's dedication to supporting children's well-being is evident through their ongoing efforts to positively impact the lives of those in need. Their mission underscores a commitment to making a meaningful difference in the lives of children, setting a commendable example for others in the community.
This information is meant to be a general summary of Tipton Charitable 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: $1,343,336
- Gross Receipts: $1,343,336
Assets and Liabilities:
- Total Assets: $16,827,949
- Total Liabilities: $0
- Net Assets: $16,827,949
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Organization Details
Phone
(580) 667-5221Principal Officer
Joe Waugh
Main Address
1000 NORTH BROADWAY, TIPTON, OK, 73570
NTEE Category
Code: B82 - Education
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