The Children's Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 741870298 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Children's Fund Inc?

The Children's Fund Inc, situated in Houston, Texas, is a nonprofit organization that focuses on supporting small charities catering to the needs of underprivileged children. These charities often lack sufficient funding, minimal fundraising capabilities, limited administrative departments, and are not adequately supported by government or other charities. The Children's Fund Inc. identifies these organizations and provides them with financial aid for their medical and social care services in the Houston metropolitan area. This assistance is determined through a rigorous selection process, which involves evaluating nominations, written proposals, and conducting interviews with prospective recipients. The chosen organizations then receive approval from the organization's board and sponsors.


Official website here: www.childrens-fund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement - Two-Star out of Four Stars (69%)

The Children's Fund Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. The overall score of 69% reflects solid program expense management, with an impressive 96.18% of expenses directed toward programs. Additionally, the organization boasts a fully independent board, which is a strength in governance.

However, significant concerns arise from the lack of transparency and essential policies. The organization has not provided financial statements and is missing key governance policies such as a conflict of interest policy, a whistleblower policy, and guidelines for document retention. These omissions have impacted its accountability and finance score, which stands at a lower 69%.

Overall, while The Children's Fund Inc demonstrates strong programmatic focus and governance independence, it must address the identified gaps in financial transparency and governance practices to enhance its credibility and effectiveness in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is The Children's Fund Inc legitimate?

The Children's Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Children's Fund Inc 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


Official website here: www.childrens-fund.org

What is the mission statement of The Children's Fund Inc?

The Children's Fund Inc is an organization dedicated to supporting various organizations that provide medical and social care for needy children in their local area, specifically in the greater Houston metropolitan region. The charity selection process is a collaborative effort involving the organization's sponsors, a committee, and the board of directors. Nominated organizations submit proposals, undergo evaluations, and interviews, and the committee recommends potential recipients for approval by the board and the sponsors. The Children's Fund Inc's mission is to contribute to the well-being of underprivileged children by financially backing organizations that deliver essential medical and social services.


Official website here: www.childrens-fund.org

Who is the CEO of The Children's Fund Inc?

Matthew Born is the Corporate Development Chai of The Children's Fund Inc.


Official website here: www.childrens-fund.org

What is the revenue of The Children's Fund Inc?

The Children's Fund Inc's revenue in 2022 was $1,248,217.


Official website here: www.childrens-fund.org

Who are the executives of The Children's Fund Inc and what are their salaries?

There 132 volunteers at The Children's Fund Inc.


Here are 40 key members and their salaries:


Colton Braud (Corporate Development Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Braud (Corporate Development Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Foster (Auction Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blair Foster (Auction Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Doherty (Alumni Relations Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Doherty (Alumni Relations Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cody Carper (Gala Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefanie Carper (Gala Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hays Compton (Charity Selection Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Compton (Charity Selection Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kruse (Invitations & Reservations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Kruse (Invitations & Reservations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Moss (Donations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Moss (Donations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Williams (Corporate Development Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Williams (Corporate Development Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Murphy (Invitations & Reservations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Murphy (Invitations & Reservations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Ford (Co-Presidents)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Ford (Co-Presidents)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Wallace (Communications Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Neustadt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Born (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Born (Communications Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Topher Ollison (Gala Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Ollison (Gala Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Tou (Alumni Relations Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deedee Tou (Alumni Relations Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Logan Boatman (Charity Follow-Up Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy Boatman (Charity Follow-Up Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Goodman (Web Development & First Year Liason)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Goodman (Web Development & First Year Liason)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Wiedemann (Auction Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Wiedemann (Auction Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Meacham (Events Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mimi Meacham (Events Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Williamson (Donor Relations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Williamson (Donor Relations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Johnson (Events Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Johnson (Events Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.childrens-fund.org

Where can I find the form 990 for The Children's Fund Inc?

The Children's Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.childrens-fund.org

Learn more at the official website: www.childrens-fund.org

Mission Statement of The Children's Fund Inc

The Children's Fund Inc is a support organization with a mission to aid organizations that provide medical and social care for needy children in the greater Houston metropolitan area. This charity organization operates by receiving nominations from its volunteer membership, known as sponsors. These nominated organizations are then evaluated by a Charity Selection Committee, who assess their proposals and conduct interviews. Following this process, the committee makes recommendations to The Children's Fund Inc's Board of Directors, who, along with the sponsors, ultimately decide which organizations will receive support. The Children's Fund Inc serves as a vital bridge, channeling resources to organizations that cater to the medical and social needs of underprivileged children in the Houston area.

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Impact




July, 2024

The Children's Fund Inc has a significant impact in the Houston area by supporting organizations that provide crucial medical and social care for needy children. Through their grant program, The Children's Fund Inc targets charities with limited resources, minimal fundraising capabilities, and little external support. By focusing on these organizations, The Children's Fund Inc helps ensure that vital services reach children in the greater Houston metropolitan area who may otherwise go without. Their mission to support all types of organizations dedicated to helping disadvantaged children demonstrates their commitment to making a tangible difference in the lives of those in need.




This information is meant to be a general summary of The Children's Fund Inc. 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.

Revenue
$1,248,217 (2022)
Expenses
$1,093,923 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,594
  • Gross Receipts: $1,788,504

Assets and Liabilities:

  • Total Assets: $872,248
  • Total Liabilities: $0
  • Net Assets: $872,248

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Organization Details

Founding Year

1976

Principal Officer

Matthew Born

Main Address

5773 WOODWAY DRIVE 189, HOUSTON, TX, 77057

NTEE Category

Code: P12 - Human services

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