Overview
What is The Giving Foundation Inc?
The Giving Foundation Inc is a charitable organization situated in Laurel, Maryland. With a strong focus on community service, this nonprofit organization assists individuals and families in various ways. They offer educational, emotional, and financial aid by leveraging volunteer power and donor generosity. The foundation provides essential daily necessities such as food, clothing, and household items. Furthermore, they offer financial assistance to cover education, housing, and utility expenses. The Giving Foundation has made significant strides in helping families avoid eviction and enabling women to escape abusive environments, providing them with safe housing and employment opportunities. Additionally, they offer free meals to the homeless population twice a week and collaborate with local organizations to support refugee families with basic necessities.
Official website here: www.givingfoundationcharity.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (52%)
The Giving Foundation Inc has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. The evaluation reveals that the organization lacks independent board members, with 0% representation, which raises questions about governance and oversight. Furthermore, several essential policies, such as conflict of interest and whistleblower protections, are noted as missing, which can detract from the organization's credibility.
On a positive note, The Giving Foundation shows a strong commitment to program expenses, with an impressive program expense ratio of 98.59%. This suggests that the majority of its funds are directed towards its charitable activities rather than administrative costs. Additionally, the organization's liabilities to assets ratio is relatively low at 6.09%, indicating a manageable level of debt.
However, the absence of financial statements and documented board meeting minutes is a significant limitation. The lack of transparency in these areas, combined with missing key organizational policies, suggests that potential donors should approach with caution and consider the foundational governance issues before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is The Giving Foundation Inc legitimate?
The Giving Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Giving 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
Official website here: www.givingfoundationcharity.org/
What is the mission statement of The Giving Foundation Inc?
The Giving Foundation Inc., as a nonprofit organization, aims to serve the educational, emotional, and financial needs of individuals and families. They accomplish this by leveraging the strength of volunteers and the generosity of their donors. Their primary objective is to provide essential daily necessities such as food, household items, and clothing, as well as financial aid to cover expenses related to education, housing, and utilities. The foundation's mission is to offer support and assistance, helping those in need to improve their livelihoods.
Official website here: www.givingfoundationcharity.org/
Who is the CEO of The Giving Foundation Inc?
Khalid Sattar is the President of The Giving Foundation Inc.
Official website here: www.givingfoundationcharity.org/
What is the revenue of The Giving Foundation Inc?
The Giving Foundation Inc's revenue in 2022 was $630,253.
Official website here: www.givingfoundationcharity.org/
Who are the executives of The Giving 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
Official website here: www.givingfoundationcharity.org/
Where can I find the form 990 for The Giving Foundation Inc?
The Giving Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.givingfoundationcharity.org/
Learn more at the official website: www.givingfoundationcharity.org/
Mission Statement of The Giving Foundation Inc
The Giving Foundation, Inc. is a dedicated non-profit organization that strives to support individuals and families in their educational, emotional, and financial needs. Leveraging the strength of volunteers and the generosity of its donors, this organization aims to provide essential daily necessities such as food, household items, and clothing. Furthermore, The Giving Foundation, Inc. extends its assistance to cover expenses related to education, housing, and utilities. The ultimate objective of this non-profit is to help those in need, offering a hand up when they are facing challenges.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Giving Foundation Inc's impact includes providing rental assistance to dozens of families to prevent evictions, helping women escape abusive environments, secure housing, find employment, and providing free meals to the homeless population in DC. They also partner with local organizations to support refugee families with food, clothing, and household necessities.
This information is meant to be a general summary of The Giving 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: $630,253
Assets and Liabilities:
- Total Assets: $233,520
- Total Liabilities: -$1,487
- Net Assets: $235,007
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2018
Phone
(301) 861-6735Principal Officer
Khalid Sattar
Main Address
15511 Casulas Way, Laurel, MD, 20707
NTEE Category
Code: P12 - Human services
If you are a representative of The Giving Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.