Overview
What is Kay E Mcfarland Charitable Trust?
The Kay E McFarland Charitable Trust is a nonprofit entity based in Topeka, Kansas. Established for educational purposes, this trust aims to support the Topeka Zoological Park by providing crucial financial assistance. The primary mission of the trust is to enhance the Topeka community through education by aiding the zoo in various projects. The most notable contribution to date involves the construction of a Japanese Garden Exhibit at the Topeka Zoological Park.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
The Kay E Mcfarland Charitable Trust has received a low rating of 50% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The trust lacks independent board members and has not provided essential financial statements, which raises questions about transparency and governance. Critical policies related to conflict of interest and whistleblower protections are also missing, further contributing to its one-star rating.
Despite these weaknesses, the trust demonstrates a strong commitment to program spending, with a program expense ratio of 98.37%. This suggests that nearly all its resources are directed towards its charitable missions, which is a positive aspect in terms of its operational focus. However, the absence of independent oversight and financial documentation limits the trust's credibility.
Overall, potential donors and stakeholders should exercise caution and seek further information before engaging with the Kay E Mcfarland Charitable Trust, as its current governance and transparency practices do not meet the standards of better-rated nonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Kay E Mcfarland Charitable Trust legitimate?
Kay E Mcfarland Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kay E Mcfarland Charitable Trust 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 Kay E Mcfarland Charitable Trust?
The Kay E Mcfarland Charitable Trust is established with the primary objective of supporting educational initiatives that benefit the community, specifically through the provision of financial assistance to the Topeka Zoological Park. The trust's mission is geared towards advancing education by aiding this institution. One of the notable projects funded by the trust is the construction of a Japanese Garden Exhibit at the Topeka Zoological Park. This endeavor adds an educational and culturally enriching experience for visitors while contributing to the overall development of the park. By offering financial support, the trust plays a significant role in enhancing the quality of education the park offers.
Who is the CEO of Kay E Mcfarland Charitable Trust?
Elaine L Schwartz is the Trustee of Kay E Mcfarland Charitable Trust.
What is the revenue of Kay E Mcfarland Charitable Trust?
Kay E Mcfarland Charitable Trust's revenue in 2022 was $78,878.
Who are the executives of Kay E Mcfarland Charitable Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kay E Mcfarland Charitable Trust?
Kay E Mcfarland Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kay E Mcfarland Charitable Trust
The Kay E McFarland Charitable Trust is a philanthropic organization dedicated to advancing educational causes within the Topeka community. Its mission is singularly focused on providing financial aid to the Topeka Zoological Park for the benefit of the local population.
Through its generous contributions, the Trust plays a pivotal role in enhancing the educational offerings at the Topeka Zoological Park. One significant project undertaken by the Trust is the construction of a Japanese Garden Exhibit within the Park. This initiative not only adds to the aesthetic appeal of the Park but also serves as an educational resource for visitors, broadening their understanding and appreciation of Japanese culture.
By offering financial assistance to the Topeka Zoological Park, the Kay E McFarland Charitable Trust is making a substantial impact on the educational landscape of the community. The Trust's commitment to this cause is unwavering, and its contributions serve to enrich the experiences of countless individuals who visit the Park. Through its support, the Trust is helping to foster a deeper connection between the community and the natural world, making a difference, one educational experience at a time.
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Impact
October, 2024
The Kay E Mcfarland Charitable Trust significantly impacts the Topeka community by enhancing educational opportunities through financial support for the Topeka Zoological Park. One of its noteworthy projects includes the construction of a Japanese Garden exhibit, which not only enriches the zoo's offerings but also promotes cultural appreciation and environmental education. This initiative provides visitors with a unique experience while fostering a greater understanding of wildlife and conservation. By focusing on educational purposes, the trust plays a vital role in benefiting the local community and supporting the growth of the zoo as an important resource for learning and engagement with animals and nature.
This information is meant to be a general summary of Kay E Mcfarland Charitable Trust. 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: $78,878
- Gross Receipts: $1,815,893
Assets and Liabilities:
- Total Assets: $4,700,859
- Total Liabilities: $0
- Net Assets: $4,700,859
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Organization Details
Founding Year
2016
Phone
(785) 273-0688Principal Officer
Elaine L Schwartz
Main Address
4120 SW LINCOLNSHIRE RD, TOPEKA, KS, 66610
NTEE Category
Code: D11 - Animals
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