Maloney Foundation Inc

Charity Navigator Rating: 78% (Three-Star out of Four Stars)

The Maloney Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The overall score of 78% is derived entirely from its Accountability & Finance beacon, showcasing the organization’s commitment to transparency and responsible financial management.

Strengths highlighted in the assessment include a fully independent board and no incidents of material diversion of assets, both of which contribute positively to its governance. The foundation has strong scores in various policies, such as conflict of interest and document retention, indicating that it has robust governance practices in place.

However, the evaluation also pointed out the absence of a whistleblower policy, which earned a score of zero in that category. Despite this limitation, the foundation's high program expense ratio suggests that it allocates all its expenses to its programs, demonstrating effective use of funds in pursuit of its mission.

This AI summary has been generated from information found on Charity Navigator.

Maloney Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maloney 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: $679,181

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