Overview
What is Ross & Evelyn Daniels Charitable Tr?
The Ross & Evelyn Daniels Charitable Trust is a benevolent organization based in San Angelo, Texas. As a grantmaking public charity, their primary objective is to extend support to various charitable organizations. Their mission is centered around providing financial aid and resources to these organizations, serving as a crucial source of assistance in their respective endeavors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star
The Ross & Evelyn Daniels Charitable Trust has received a 1-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 53% is primarily derived from its Accountability & Finance score, which reflects a lack of independent oversight, as it has no independent board members. This raises questions about governance and transparency within the organization.
Despite these issues, the charity demonstrates a positive program expense ratio of 91.58%, suggesting that a high percentage of its funds are directed toward its charitable programs. The organization also shows no material diversion of assets, which is a positive indicator of financial integrity. However, the absence of essential policies such as conflict of interest, whistleblower, and document retention policies indicates a need for improvement in governance practices.
Overall, while the charity appears to be effectively using resources for its intended purposes, the lack of independent board members and missing governance policies significantly impacts its rating. Prospective donors may want to consider these factors carefully before contributing to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ross & Evelyn Daniels Charitable Tr legitimate?
Ross & Evelyn Daniels Charitable Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ross & Evelyn Daniels Charitable Tr 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 Ross & Evelyn Daniels Charitable Tr?
The Ross & Evelyn Daniels Charitable Trust, as a grantmaking organization, is committed to supporting various charitable organizations. Their mission involves providing financial assistance and resources to these charitable entities, aiming to contribute positively to various causes and communities. The trust's activities are centered around this mission, aiming to make a difference through its charitable support.
Who is the CEO of Ross & Evelyn Daniels Charitable Tr?
Texas State Bank is the Trust Office of Ross & Evelyn Daniels Charitable Tr.
What is the revenue of Ross & Evelyn Daniels Charitable Tr?
Ross & Evelyn Daniels Charitable Tr's revenue in 2022 was $183,860.
Who are the executives of Ross & Evelyn Daniels Charitable Tr and what are their salaries?
There is 1 key member and their salary:
- Compensation: $17,113
- Related: $0
- Other: $0
Where can I find the form 990 for Ross & Evelyn Daniels Charitable Tr?
Ross & Evelyn Daniels Charitable Tr's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ross & Evelyn Daniels Charitable Tr
The Ross & Evelyn Daniels Charitable Trust is a grant-making organization dedicated to supporting charitable causes. In its mission statement, this public charity foundation expresses a commitment to backing various charitable organizations. The primary goal of the Ross & Evelyn Daniels Charitable Trust is to contribute to the growth and success of these charitable organizations, thereby making a positive impact on the communities they serve. By providing financial support, the foundation enables these organizations to carry out their missions and initiatives effectively, ultimately contributing to the betterment of society. The trust's mission is a testament to its dedication to supporting charitable causes and making a difference in the lives of those in need.
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Impact
October, 2024
Ross & Evelyn Daniels Charitable Trust actively supports charitable organizations, playing a significant role in enhancing community welfare in San Angelo, TX. By providing grants to various causes, the trust directly contributes to the growth and sustainability of initiatives that address local needs. This commitment to philanthropy helps empower organizations working in areas such as education, health, and social services, fostering positive outcomes for individuals and families within the community. Through its financial support, the trust creates opportunities for impactful programs and initiatives that improve the quality of life for many.
This information is meant to be a general summary of Ross & Evelyn Daniels Charitable Tr. 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: $183,860
- Gross Receipts: $1,215,502
Assets and Liabilities:
- Total Assets: $3,068,570
- Total Liabilities: $0
- Net Assets: $3,068,570
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Organization Details
Founding Year
1988
Principal Officer
Texas State Bank
Main Address
P O BOX 3782, SAN ANGELO, TX, 76902
NTEE Category
Code: T30 - Philanthropy
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