Overview
What is Greenhill Charitable Foundation Inc?
Greenhill Charitable Foundation Inc, situated in Wilmington, Delaware, is a public charity foundation dedicated to charitable giving. Its primary purpose is to extend charitable contributions, aiming to make a positive impact in various communities. As a grantmaking organization, it focuses on distributing funds to support various causes and initiatives, adhering to its mission of promoting charitable activities. The foundation's mission can be summarized as "dedication to charity, manifested through charitable contributions."
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48% (Zero-Star out of Four Stars)
The Greenhill Charitable Foundation Inc has received a low rating of 48%, categorizing it as a Zero-Star nonprofit. This score reflects significant concerns regarding its accountability and financial practices, which are critical for donor trust and transparency. While the organization does have an independent board, it lacks a sufficient board size and adequate policies in several key areas, such as conflict of interest and whistleblower protections.
On a positive note, the foundation excels in program expense efficiency, showing a 25% allocation towards its programs. This indicates that when funds are spent, they are directed towards its mission. However, the organization's failure to provide critical information on its website, such as tax forms and documentation of board meeting minutes, raises transparency issues that could hinder donor confidence.
Overall, while the Greenhill Charitable Foundation demonstrates some strength in program spending, the lack of basic governance measures and financial disclosure practices limits its effectiveness and accountability. Potential donors may want to consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Greenhill Charitable Foundation Inc legitimate?
Greenhill Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenhill Charitable Foundation 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
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What is the mission statement of Greenhill Charitable Foundation Inc?
Greenhill Charitable Foundation's mission, as a grantmaking organization, is centered around making charitable contributions. The foundation is committed to disseminating charitable funds, emphasizing the importance of charitable giving in its operations. While the information provided is brief, it suggests that the foundation's primary focus is on making charitable contributions, thereby supporting various causes and communities in need.
Who is the CEO of Greenhill Charitable Foundation Inc?
Akshar Patel is the Officer of Greenhill Charitable Foundation Inc.
What is the revenue of Greenhill Charitable Foundation Inc?
Greenhill Charitable Foundation Inc's revenue in 2022 was $1,000.
Who are the executives of Greenhill Charitable Foundation Inc 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 Greenhill Charitable Foundation Inc?
Greenhill Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greenhill Charitable Foundation Inc
Greenhill Charitable Foundation, as a grantmaking public charity, is dedicated to the cause of charity. Their mission is centered around making charitable contributions. This means they are committed to using their resources to support various causes and initiatives that align with their charitable goals. By doing so, they aim to make a positive impact in the lives of individuals and communities in need.
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Impact
October, 2024
Greenhill Charitable Foundation Inc plays a vital role in enhancing community welfare through its focused mission of making charitable contributions. Based in Wilmington, DE, the foundation strategically allocates grants to various initiatives aimed at improving human services. By providing financial support to organizations and projects that address critical needs, it contributes to meaningful social change and helps uplift those in vulnerable situations. This impact is realized through the foundation's commitment to foster positive outcomes in the community it serves, ensuring that resources are directed towards effective solutions in human services. Through its actions, Greenhill Charitable Foundation Inc creates opportunities for individuals and strengthens the fabric of the community.
This information is meant to be a general summary of Greenhill Charitable Foundation 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.
- Gross Receipts: $1,000
Assets and Liabilities:
- Total Assets: $6,087
- Total Liabilities: $5,657
- Net Assets: $430
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Organization Details
Founding Year
2017
Phone
(678) 977-9009Principal Officer
Akshar Patel
Main Address
2500 WEST 4TH STREET, WILMINGTON, DE, 19805
NTEE Category
Code: P50 - Human services
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