Overview
What is Federation Of Defense & Corporate Counsel Foundation?
The Federation of Defense & Corporate Counsel Foundation is a nonprofit organization situated in King of Prussia, Pennsylvania. Their primary focus is on sponsoring educational programs, aiming to promote civil justice and enhance the quality of legal services provided by its members. This includes funding learned articles and treatises related to civil litigation. The foundation's mission is to encourage continuous education and sponsor projects that help its members excel in their legal careers.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)
The Federation of Defense & Corporate Counsel Foundation has received a rating of "Needs Improvement," indicating that while the organization demonstrates strong accountability and financial practices, there are significant areas for growth, particularly in governance practices. The foundation excels in aspects such as having a fully independent board, effective financial ratios, and no material diversion of assets, which bolsters its credibility.
However, the organization faces notable limitations regarding its policies. It lacks essential governance documents, including conflict of interest and whistleblower policies, as well as a document retention and destruction policy. Additionally, the absence of posted tax forms on its website further detracts from transparency, resulting in a lower overall score despite its positive financial metrics.
In summary, while the Federation of Defense & Corporate Counsel Foundation showcases impressive financial management and strong board independence, it must address its governance deficiencies to improve its standing and enhance public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Federation Of Defense & Corporate Counsel Foundation legitimate?
Federation Of Defense & Corporate Counsel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federation Of Defense & Corporate Counsel 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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What is the mission statement of Federation Of Defense & Corporate Counsel Foundation?
The Federation of Defense & Corporate Counsel Foundation's mission is centered around promoting civil justice. They actively encourage and foster continuous education among their members, aiming to enhance the quality of their legal services. In addition to this, the foundation sponsors various educational programs and projects. Furthermore, they publish and distribute learned articles and treatises on matters related to civil litigation. The primary objective is to support their members in their professional growth, enabling them to provide more effective legal services.
Who is the CEO of Federation Of Defense & Corporate Counsel Foundation?
Martin W Bair is the President of Federation Of Defense & Corporate Counsel Foundation.
What is the revenue of Federation Of Defense & Corporate Counsel Foundation?
Federation Of Defense & Corporate Counsel Foundation's revenue in 2022 was $162,499.
Who are the executives of Federation Of Defense & Corporate Counsel Foundation and what are their salaries?
There 50 volunteers at Federation Of Defense & Corporate Counsel Foundation.
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Where can I find the form 990 for Federation Of Defense & Corporate Counsel Foundation?
Federation Of Defense & Corporate Counsel Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Federation Of Defense & Corporate Counsel Foundation
The Federation of Defense & Corporate Counsel Foundation is dedicated to promoting civil justice and encouraging continuous education among its members. Its mission is to foster a environment where legal professionals can enhance the quality of their services. To achieve this, the foundation sponsors various educational programs and projects. Furthermore, it publishes and distributes learned articles and treatises on matters related to civil litigation. By doing so, the Federation of Defense & Corporate Counsel Foundation aims to equip its members with the latest knowledge and skills, thereby allowing them to provide superior legal services.
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Impact
October, 2024
The Federation Of Defense & Corporate Counsel Foundation significantly impacts the legal field by sponsoring educational programs and fostering the dissemination of knowledge through learned articles and treatises that focus on civil litigation. By promoting civil justice and encouraging continuous education, it plays a vital role in enhancing the quality of legal services provided by its members. The foundation's initiatives contribute to the professional development of legal practitioners, ensuring they are equipped with the latest insights and best practices in their field. This commitment to education and knowledge-sharing ultimately strengthens the legal community and the justice system as a whole.
This information is meant to be a general summary of Federation Of Defense & Corporate Counsel 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: $92
- Program Service Revenue: $110,327
- Gross Receipts: $162,499
Assets and Liabilities:
- Total Assets: $768,539
- Total Liabilities: $13,266
- Net Assets: $755,273
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LADDER DOWN PROGRAM
Revenue
$110,327
Organization Details
Founding Year
1960
Phone
(610) 992-0002Principal Officer
Martin W Bair
Main Address
610 FREEDOM BUSINESS CENTER 110, KING OF PRUSSIA, PA, 19406
NTEE Category
Code: I03 - Crime
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