Overview
What is Duncan Family Foundation Inc?
The Duncan Family Foundation Inc, located in Sebring, Florida, is a nonprofit organization that supports local youth-focused activities. They primarily contribute to youth groups and offer scholarships to local athletes. Their mission is multifaceted, extending beyond financial aid, as they also provide funding to various youth organizations within their community. The foundation's initiatives aim to foster growth and development in the younger generation of Sebring.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Duncan Family Foundation Inc has received a low rating of 53%, indicating significant shortcomings in its accountability and finance practices. The foundation has not demonstrated an independent board, lacking any independent members, which raises concerns about governance and oversight. Additionally, several critical policies related to conflict of interest and whistleblowing are missing, further emphasizing the need for improved governance structures.
Despite the weaknesses in financial accountability, the organization does have a strong program expense ratio, indicating that all of its expenses are directed towards its programs. However, the absence of key documents on its website, such as the tax form and other governance policies, detracts from its transparency and overall credibility. The foundation also reports no material diversion of assets, which is a positive aspect in terms of financial integrity.
In conclusion, while the Duncan Family Foundation Inc is effectively utilizing its funds for programmatic purposes, it faces significant challenges in governance and transparency. The lack of independent board members and missing essential policies suggest the need for critical improvements to enhance accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Duncan Family Foundation Inc legitimate?
Duncan Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Duncan Family 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
For more financial information, click here
What is the mission statement of Duncan Family Foundation Inc?
The Duncan Family Foundation Inc. is committed to providing scholarships for local athletes and offering funding to various youth groups. Their mission, as outlined, is centered around supporting the educational and extracurricular pursuits of young individuals in the community. Through monetary contributions to local organizations, they facilitate youth group activities, thereby fostering a sense of camaraderie and growth among young people.
Who is the CEO of Duncan Family Foundation Inc?
Caroline W Duncan is the Secretary of Duncan Family Foundation Inc.
What is the revenue of Duncan Family Foundation Inc?
Duncan Family Foundation Inc's revenue in 2022 was $2,585.
Who are the executives of Duncan Family Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Duncan Family Foundation Inc?
Duncan Family Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Duncan Family Foundation Inc
The Duncan Family Foundation Inc, in its mission, focuses on providing scholarships to local athletes and funding to various youth groups in the community. This nonprofit organization contributes to numerous activities organized by youth groups, aiming to support and empower the younger generation. By offering scholarships to local athletes, the foundation encourages young individuals' participation in sports and their personal growth, while funding local youth groups allows these organizations to continue providing essential services and opportunities for children and teenagers. The Duncan Family Foundation Inc's contributions to youth group activities play a crucial role in fostering a supportive environment for the development of young people, ultimately contributing to a stronger and more engaged community.
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Impact
August, 2024
The impact of the Duncan Family Foundation Inc can be seen in the opportunities it provides for local athletes through scholarships and funding for youth groups in the Sebring, FL community. By supporting these initiatives, the foundation is contributing to the development and growth of young individuals, helping them pursue their athletic dreams and enriching their participation in community activities. Through its philanthropic efforts, the Duncan Family Foundation Inc is making a positive difference in the lives of youth in the Sebring area.
This information is meant to be a general summary of Duncan Family 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.
- Investment Income: $2,585
- Gross Receipts: $2,585
Assets and Liabilities:
- Total Assets: $537,580
- Total Liabilities: $0
- Net Assets: $537,580
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Organization Details
Founding Year
2018
Phone
(863) 449-1012Principal Officer
Caroline W Duncan
Main Address
1707 DIVOT LANE, SEBRING, FL, 33872
NTEE Category
Code: T50 - Philanthropy
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