Overview
What is Cable & Wireless Charitable Foundation Inc?
Cable & Wireless Charitable Foundation Inc is a benevolent organization situated in Miami, Florida. This year, they have extended their aid to communities in St. Lucia and Trinidad, offering disaster relief. This relief included providing a local school with technology equipment and essential items such as furniture, appliances, and other necessities to 50 families. Furthermore, the foundation has been actively supporting education and digital literacy programs by investing in 2,500 laptops for a low-income internet connectivity program in the Caribbean, supplying infrastructure and equipment for free broadband service at a school in Turks & Caicos, and initiating an education program in the British Virgin Islands. Their mission is to foster progress and strengthen communities in the Caribbean and Latin America, enabling individuals in these regions to prosper and become more resilient.
Official website here: www.cwc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 65%)
The Cable & Wireless Charitable Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas. The organization excels in financial accountability, scoring 100% in that category. Notably, it maintains a healthy program expense ratio of 96.94%, demonstrating a strong commitment to its charitable mission relative to its overall expenses.
However, there are significant concerns regarding governance practices. The foundation only has 33% independent board members, which may limit oversight. Additionally, there are missing policies such as a whistleblower policy and document retention guidelines, which are critical for transparency and accountability. Furthermore, the organization has not posted its financial statements or tax forms on its website, resulting in a lack of public access to important financial information.
Overall, while the foundation shows strong financial health and a focus on programmatic spending, the governance issues and lack of transparency hinder its rating. Enhancements in board independence and the establishment of necessary policies could help improve its standing in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Cable & Wireless Charitable Foundation Inc legitimate?
Cable & Wireless Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cable & Wireless 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.
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For more financial information, click here
Official website here: www.cwc.com
What is the mission statement of Cable & Wireless Charitable Foundation Inc?
The mission of Cable & Wireless Charitable Foundation Inc is focused on promoting progress and fostering more resilient communities in the Caribbean and Latin America. Their objective is to empower individuals in these regions to lead fulfilling lives. In the recent year, the foundation has demonstrably shown its commitment by offering disaster relief aid in St. Lucia and Trinidad. This assistance included supplying a local school with technology equipment and providing essential items like furniture, appliances, and other necessities to 50 families in need. Furthermore, the foundation has actively supported education and digital literacy programs by investing in 2,500 laptops for a low-income internet connectivity program in the Caribbean, offering necessary infrastructure and equipment for free broadband service at a school in Turks & Caicos, and funding an educational program in BVI.
Official website here: www.cwc.com
Who is the CEO of Cable & Wireless Charitable Foundation Inc?
Unavailable
Official website here: www.cwc.com
What is the revenue of Cable & Wireless Charitable Foundation Inc?
Cable & Wireless Charitable Foundation Inc's revenue in 2022 was $663,969.
Official website here: www.cwc.com
Who are the executives of Cable & Wireless Charitable Foundation Inc and what are their salaries?
There 9 volunteers at Cable & Wireless Charitable Foundation Inc.
Here are 13 key members and their salaries:
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Official website here: www.cwc.com
Where can I find the form 990 for Cable & Wireless Charitable Foundation Inc?
Cable & Wireless Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cwc.com
Learn more at the official website: www.cwc.com
Mission Statement of Cable & Wireless Charitable Foundation Inc
Cable & Wireless Charitable Foundation Inc is dedicated to fostering progress and creating more resilient communities in the Caribbean and Latin America. Their mission is centered around enabling individuals in these regions to thrive. This is achieved by providing essential resources and support, particularly during times of disaster. In the recent year, the foundation has demonstrated this mission through various initiatives. In St. Lucia and Trinidad, they offered disaster relief, providing technology equipment to a local school and essential items like furniture, appliances, and critical supplies to 50 families. Furthermore, the foundation has supported education and digital literacy programs by investing in a low-income internet connectivity program in the Caribbean, providing the necessary infrastructure and equipment for free broadband service at a school in Turks & Caicos, and contributing to an education program in the British Virgin Islands. These actions reflect Cable & Wireless Charitable Foundation Inc's commitment to empowering communities in the Caribbean and Latin America, enabling them to overcome challenges and thrive in the long term.
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Impact
July, 2024
Cable & Wireless Charitable Foundation Inc has made a significant impact in enabling progress and building more resilient communities in the Caribbean and Latin America. This year, the Foundation provided disaster relief in St. Lucia and Trinidad by supplying technology equipment to a local school and essential items to 50 families. Furthermore, they supported education and digital literacy programs by purchasing 2,500 laptops for a low-income internet connectivity program in the Caribbean, facilitating free broadband service at a school in Turks & Caicos, and enhancing an education program in the BVI. Through these initiatives, the Foundation has positively impacted communities by improving access to technology, education, and critical resources, ultimately contributing to the thriving of individuals in the region.
This information is meant to be a general summary of Cable & Wireless 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: $831,016
Assets and Liabilities:
- Total Assets: $624,831
- Total Liabilities: $70,150
- Net Assets: $554,681
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Organization Details
Founding Year
2017
Phone
(305) 424-9527Main Address
7600 Corporate Center Drive, Miami, FL, 33126
Website
www.cwc.comNTEE Category
Code: Q30 - International
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