Overview
What is Thomas L Parker Charitable Trust C/O Catherine Ingraham?
Thomas L Parker Charitable Trust C/O Catherine Ingraham is a nonprofit organization that carries out charitable and educational activities, specifically benefiting the Wright-Ingram Institute. Their role involves facilitating grants to various organizations aligning with the Wright-Ingram Institute's exempt objectives. Based in Brooklyn, New York, the trust operates from an address at 659 Carroll Street, Apt 2. Although the information array does not provide specifics about the Wright-Ingram Institute, it is clear that Thomas L Parker Charitable Trust C/O Catherine Ingraham plays a significant role in supporting this organization's mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating
The Thomas L Parker Charitable Trust has received a Two-Star rating from Charity Navigator, reflecting a score of 73%. This rating is solely based on the organization’s Accountability & Finance metrics, indicating a focus on its financial practices rather than overall effectiveness or impact.
The trust has demonstrated strong governance and financial stability, with 100% independent board members and a well-documented board meeting process. Additionally, the organization shows no material diversion of assets and has a favorable liabilities to assets ratio of 0.00%, which indicates sound financial health. The program expense ratio is also impressive at 90.55%, suggesting that a significant portion of its funds is directed towards its charitable programs.
However, the Two-Star rating suggests that there may be areas for improvement beyond just financial accountability. While the trust showcases strong independent oversight and financial health, potential donors may want to investigate further into its overall impact and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Thomas L Parker Charitable Trust C/O Catherine Ingraham legitimate?
Thomas L Parker Charitable Trust C/O Catherine Ingraham is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas L Parker Charitable Trust C/O Catherine Ingraham 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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What is the mission statement of Thomas L Parker Charitable Trust C/O Catherine Ingraham?
The Thomas L Parker Charitable Trust, under the management of Catherine Ingraham, is dedicated to carrying out charitable and educational activities for the benefit of the Wright-Ingram Institute. Their primary objective is to support the Wright-Ingram Institute in its missions by making grants to various organizations, contributing to its exempt purpose. The trust's activities aim to contribute positively to various sectors, benefiting from the Wright-Ingram Institute's endeavors.
Who is the CEO of Thomas L Parker Charitable Trust C/O Catherine Ingraham?
Catherine Ingraham is the Trustee of Thomas L Parker Charitable Trust C/O Catherine Ingraham.
What is the revenue of Thomas L Parker Charitable Trust C/O Catherine Ingraham?
Thomas L Parker Charitable Trust C/O Catherine Ingraham's revenue in 2023 was $37,880.
Who are the executives of Thomas L Parker Charitable Trust C/O Catherine Ingraham 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 Thomas L Parker Charitable Trust C/O Catherine Ingraham?
Thomas L Parker Charitable Trust C/O Catherine Ingraham's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Thomas L Parker Charitable Trust C/O Catherine Ingraham
The Thomas L Parker Charitable Trust C/O Catherine Ingraham is committed to engaging in various charitable and educational activities, all in the interest and benefit of the Wright-Ingram Institute. This philanthropic organization serves as a catalyst, enabling the Wright-Ingram Institute to grant funds to numerous organizations, furthering their exempt purpose. By undertaking these charitable and educational activities, the Thomas L Parker Charitable Trust C/O Catherine Ingraham contributes significantly to the broader societal good.
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Impact
October, 2024
The Thomas L Parker Charitable Trust, through its activities, significantly enhances the educational landscape by supporting the Wright-Ingraham Institute. By facilitating grants to various organizations, it fosters initiatives that promote learning and development. This engagement not only directly benefits the Institute but also extends its positive impact to a broader community, thereby enriching educational opportunities and resources. The trust plays a crucial role in advancing charitable efforts, ultimately contributing to the mission of empowering individuals through education.
This information is meant to be a general summary of Thomas L Parker Charitable Trust C/O Catherine Ingraham. 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 2023.
- Investment Income: $37,880
- Gross Receipts: $209,537
Assets and Liabilities:
- Total Assets: $1,263,923
- Total Liabilities: $0
- Net Assets: $1,263,923
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Organization Details
Founding Year
1983
Phone
(718) 230-9643Principal Officer
Catherine Ingraham
Main Address
659 CARROLL ST APT 2, BROOKLYN, NY, 11215
NTEE Category
Code: B12 - Education
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