Overview
What is Charityvest Inc?
Charityvest Inc, based in Atlanta, Georgia, is a nonprofit organization that aims to simplify charitable giving for donors. They serve as a sponsoring organization for donor-advised funds, providing an online platform to make charitable donations accessible and convenient. Their mission is to catalyze generosity by eliminating barriers and making giving an integral part of everyday financial life. Charityvest's offerings include a portfolio of tools to streamline the charitable giving process and enable donors to make thoughtful, intentional contributions easily and efficiently.
Official website here: www.charityvest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
Charityvest Inc has received an impressive Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance as well as leadership and adaptability. The organization scored exceptionally well with a 97% in accountability and finance, indicating robust financial health and transparency. It boasts a fully independent board and maintains comprehensive governance practices, such as a whistleblower policy and regular distribution of tax forms to the board.
The organization excels in program expense efficiency, with 99.74% of funds directed toward its programs, and shows a minimal liabilities-to-assets ratio at 0.02%. Additionally, it has demonstrated outstanding fundraising efficiency, although it scored lower in this specific category. Overall, the financial practices and strategic planning of Charityvest Inc underline its commitment to effective use of donor funds.
While Charityvest Inc shows remarkable strengths, it's important to note that its fundraising efficiency could be an area to improve upon, as indicated by the lower score in that aspect. However, the overall high scores in other categories suggest that the organization is effectively fulfilling its mission and managing resources wisely.
This AI summary has been generated from information found on Charity Navigator.
Is Charityvest Inc legitimate?
Charityvest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charityvest 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:
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For more financial information, click here
Official website here: www.charityvest.org
What is the mission statement of Charityvest Inc?
Charityvest Inc is dedicated to making charitable giving accessible and straightforward for every donor. Their mission is to simplify the giving process, enabling individuals to incorporate generosity into their daily financial lives. Charityvest believes that giving should be effortless, removing traditional barriers that hinder our ability to be generous. They offer scalable donor-advised funds that facilitate fast, frictionless, and free charitable contributions. Charityvest's goal is to make giving available to everyone, transforming the giving experience into an integrated and seamless part of one's life.
Official website here: www.charityvest.org
Who is the CEO of Charityvest Inc?
Stephen Kump is the Chairman of Charityvest Inc.
Official website here: www.charityvest.org
What is the revenue of Charityvest Inc?
Charityvest Inc's revenue in 2022 was $32,960,498.
Official website here: www.charityvest.org
Who are the executives of Charityvest Inc and what are their salaries?
There 8 volunteers at Charityvest Inc.
Here are 8 key members and their salaries:
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Official website here: www.charityvest.org
Where can I find the form 990 for Charityvest Inc?
Charityvest Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.charityvest.org
Learn more at the official website: www.charityvest.org
Mission Statement of Charityvest Inc
Charityvest Inc, a modern donor-advised fund sponsoring organization, is on a mission to make giving simple for every donor. With the belief that a generous life is a better life, this mission aims to make giving accessible and integrated into daily financial lives. Charityvest strives to break down traditional barriers that hinder individuals from being their most generous selves.
The organization's primary goal is to offer scalable giving funds, enabling fast, frictionless, and free participation in charitable giving. Charityvest Inc's vision is to make the act of giving effortless and straightforward for individuals, allowing them to focus on the impact they want to create with their contributions. By simplifying the giving process, Charityvest empowers donors to make a difference in the causes they care about.
In essence, Charityvest Inc serves as a catalyst for generosity, making the act of giving accessible and convenient for a wide range of individuals. It provides a platform for people to engage in charitable activities, transforming their financial transactions into opportunities for positive change. Through its mission, Charityvest fosters a culture of giving, making it an integral part of people's lives, rather than just an occasional act.
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Impact
October, 2024
Charityvest Inc. significantly impacts the landscape of charitable giving by simplifying the process for donors through its innovative donor-advised fund program. By providing an accessible and user-friendly online platform, Charityvest empowers individuals to seamlessly integrate generosity into their everyday financial lives. This democratization of giving removes traditional barriers, making it easier for everyone to contribute to causes they care about.
Through its suite of tools and services, Charityvest enhances the decision-making process for donors, enabling them to navigate their charitable options with confidence and clarity. This focus on ease and accessibility ensures that generosity is not just a privilege for the few but an integral part of life for all individuals. Ultimately, by catalyzing generosity, Charityvest fosters a culture where giving becomes an effortless and rewarding experience, promoting a better quality of life through collective philanthropy.
This information is meant to be a general summary of Charityvest 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$14,997,889
- Gross Receipts: $56,529,679
Assets and Liabilities:
- Total Assets: $28,749,604
- Total Liabilities: $7,486
- Net Assets: $28,742,118
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Organization Details
Founding Year
2016
Phone
(404) 538-6170Principal Officer
Stephen Kump
Main Address
75 5th Street NW Suite 2200, Atlanta, GA, 30308
Website
www.charityvest.orgNTEE Category
Code: T20 - Philanthropy
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