Overview
What is Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok?
Floyd Throckmorton Test Char Trust Masonic Charity Foundation of Oklahoma is a nonprofit organization that generously funds other tax-exempt organizations to help them achieve their goals. By offering financial assistance, this foundation plays a significant role in aiding these organizations in attaining their objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Floyd Throckmorton Test Char Trust Masonic Charity Foundation of Oklahoma receives a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. The organization has no independent board members, which is a critical area of concern as it lacks the necessary oversight that independent members can provide.
While the charity demonstrates good program expense management with an 87.26% ratio, indicating a strong focus on its programs, it falls short in various governance and transparency measures. Key policies such as conflict of interest and whistleblower protections are missing, and the charity has failed to post essential documents, including its tax forms, on its website. These gaps highlight a need for improvement in governance and transparency to build trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok legitimate?
Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok is a legitimate nonprofit organization registered as a 501(c)(3) entity. Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok 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 Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok?
The Floyd Throckmorton Test Char Trust Masonic Charity Foundation of Ok serves the purpose of providing financial aid to various tax-exempt organizations. This foundation assists these organizations in achieving their objectives by offering them necessary funds. In essence, its mission is to contribute to the fulfillment of the goals of these charitable entities. By offering financial support, the foundation plays a crucial role in enabling these organizations to carry out their intended activities effectively.
Who is the CEO of Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok?
Masonic Charity Foundatio is the Principal Officer of Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok.
What is the revenue of Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok?
Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok's revenue in 2022 was $94,054.
Who are the executives of Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok?
Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok
The Floyd Throckmorton Test Char Trust Masonic Charity Foundation of Ok is a grant-giving organization with a mission to provide financial aid to other tax-exempt organizations. By offering funding, this foundation aims to assist these organizations in achieving their purposes and fulfilling their objectives. In essence, the Floyd Throckmorton Test Char Trust Masonic Charity Foundation of Ok serves as a catalyst for the success of various charitable initiatives across the board.
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Impact
October, 2024
The Floyd Throckmorton Test Char Trust Masonic Charity Foundation of Oklahoma plays a vital role in enhancing community well-being by providing financial support to other tax-exempt organizations. By channeling funds to these entities, it helps them achieve their missions and fulfill their objectives effectively. This support fosters a diverse range of initiatives, promoting philanthropy and positive social impact within the Edmond, Oklahoma area and beyond. Through its contributions, the foundation strengthens the capacity of various organizations to serve the community, addressing local needs and enriching the lives of residents.
This information is meant to be a general summary of Floyd Throckmorton Test Char Trust Masonic Charity Foundation Of Ok. 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: $26,291
- Gross Receipts: $271,390
Assets and Liabilities:
- Total Assets: $1,105,056
- Total Liabilities: $0
- Net Assets: $1,105,056
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Organization Details
Founding Year
1985
Phone
(405) 348-7500Principal Officer
Masonic Charity Foundatio
Main Address
PO BOX 2406, EDMOND, OK, 73083
NTEE Category
Code: T00 - Philanthropy
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