Overview
What is Global Outreach Fund Inc?
Global Outreach Fund Inc, located in Auburn, California, serves as a nonprofit organization that aims to aid charitable organizations. Their mission is to extend support to individuals, families, and organizations facing hardships, particularly those living in poverty or with disabilities. They accomplish this by receiving contributions and investment income, which they subsequently channel into funding various grants. The organization's activities are geared towards assisting beneficiaries, thereby contributing to their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47% (Zero-Star out of Four Stars)
Global Outreach Fund Inc has received a low rating of 47%, resulting in a Zero-Star designation primarily due to its poor performance in Accountability and Finance. This score indicates significant concerns regarding the organization’s financial practices and transparency, which could affect potential donors' trust in its operations.
The organization does demonstrate some strengths, such as having an independent board, with all members being independent. Additionally, it has no reported material diversion of assets, suggesting that the organization's resources are generally used for their intended purposes. However, there are critical areas where it lacks, notably in the independent board size and the availability of financial statements, which are essential for maintaining donor confidence and providing transparency.
Limitations highlighted include the absence of a whistleblower policy, inadequate documentation of board meeting minutes, and a failure to publish financial documents on its website. Overall, these deficiencies in governance and financial accountability could pose significant risks for stakeholders considering support for Global Outreach Fund Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Global Outreach Fund Inc legitimate?
Global Outreach Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Outreach Fund 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Global Outreach Fund Inc?
Global Outreach Fund Inc's mission is centered around supporting charitable organizations that offer aid to individuals, families, and organizations facing hardships, particularly those struggling with poverty or disabilities. The organization's goal is to empower these organizations to provide essential assistance. Through its mission, Global Outreach Fund Inc aims to contribute to the betterment of these vulnerable populations' lives. The organization generates income through contributions and investments, which it then distributes in the form of grants to the supported organizations.
Who is the CEO of Global Outreach Fund Inc?
James Cunningham is the President of Global Outreach Fund Inc.
What is the revenue of Global Outreach Fund Inc?
Global Outreach Fund Inc's revenue in 2022 was $775,834.
Who are the executives of Global Outreach Fund Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Global Outreach Fund Inc?
Global Outreach Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Global Outreach Fund Inc
Global Outreach Fund Inc, as an organization, is committed to supporting charitable entities that extend aid to individuals, families, and organizations experiencing hardships, particularly those living in poverty or with disabilities. Its mission is to foster a sense of unity and assistance, empowering these organizations to provide essential support to those in need. By channeling contributions and investment income, Global Outreach Fund Inc actively contributes to this cause, funding various grants to these charitable organizations. This philanthropic approach enables these organizations to carry out their vital missions, thereby improving the lives of countless individuals and families.
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Impact
July, 2024
Global Outreach Fund Inc has made a significant impact by supporting charitable organizations that provide assistance to individuals, families, and organizations living in poverty or with disabilities. Through funding several grants, the organization has been able to contribute towards making a positive difference in the lives of those in need. This support has helped improve access to essential resources and services for vulnerable communities, ultimately working towards creating a more inclusive and supportive society.
This information is meant to be a general summary of Global Outreach Fund 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: $666,502
- Gross Receipts: $1,187,737
Assets and Liabilities:
- Total Assets: $18,997,883
- Total Liabilities: $0
- Net Assets: $18,997,883
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Organization Details
Founding Year
2016
Phone
(530) 269-1515Principal Officer
James Cunningham
Main Address
200 Auburn Folsom Road Suite 106, Auburn, CA, 95603
NTEE Category
Code: Q33 - International
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