St Marys Trust Fund

Charity Navigator Rating: One-Star out of Four Stars (50%)

St Marys Trust Fund has received a low rating of 50%, indicating significant concerns regarding its accountability and finance practices. The organization lacks independent board members, which raises questions about governance and oversight. While it has demonstrated a strong program expense ratio with 100% of expenses allocated to its programs, the absence of key policies and documentation, including a conflict of interest policy and board meeting minutes, underscores the organization's shortcomings.

The absence of a website listed on its tax form further limits transparency, as does the failure to post its tax form or essential governance documents online. These issues combined with zero independent board members suggest a need for improved structure and oversight to enhance trust and credibility among stakeholders.

Despite the program expense ratio reflecting a commitment to its mission, the overall accountability and governance weaknesses position St Marys Trust Fund as a nonprofit that requires significant improvements to ensure responsible management and foster donor confidence.

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

St Marys Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Marys Trust Fund 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

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