Overview
What is Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held?
Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held is a nonprofit organization, headquartered at 333 W WACKER DRIVE 1700, Chicago, Illinois 60606. The foundation's mission is to raise funds from individuals and organizations that adhere to Christian biblical principles. It then distributes grants and financial aid to deserving organizations that comply with section 501(C)(3) of the tax code. The exact nature of the causes and initiatives these organizations support is not specified in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and financial health, indicating that while the organization meets several key governance standards, there are areas needing improvement, particularly in transparency and policy documentation.
The Issachar Foundation has demonstrated strong governance attributes, with a fully independent board consisting of five members and no material diversion of assets. Furthermore, the organization excels in program expense ratio, allocating 100% of its expenses towards its programs, which illustrates a commitment to its mission. The documentation of board meeting minutes and a favorable liabilities to assets ratio also contribute positively to its financial profile.
However, the foundation has critical gaps in its operational policies, notably the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy. Additionally, the lack of publicly posted tax documents may hinder stakeholder trust and transparency. Improving these areas could bolster its accountability and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held legitimate?
Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held is a legitimate nonprofit organization registered as a 501(c)(3) entity. Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held 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 Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held?
The Issachar Foundation Inc, overseen by Jason S Ornduff Harrison & Held, is dedicated to raising funds from individuals and organizations that align with its foundational Christian biblical principles. This foundation then distributes grants and monetary donations to organizations that meet the criteria set by Section 501(C)(3) of the tax code. The foundation's primary goal is to support deserving organizations that share its values and mission.
Who is the CEO of Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held?
James M Oberman is the Pres. & Dir. of Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held.
What is the revenue of Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held?
Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held's revenue in 2022 was $47,927.
Who are the executives of Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held?
Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held
Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held is a charitable organization with a mission to raise funds from individuals and other organizations that align with its foundation's Christian biblical principles. The foundation's primary goal is to provide grants and monetary aid to qualified organizations that fall under section 501(C)(3) of the U.S. tax code. By doing so, Issachar Foundation aims to support deserving organizations that share its values and contribute positively to their respective communities. The foundation's activities are guided by its commitment to Christian biblical principles, ensuring that the funds it distributes are used for noble causes that promote social welfare and community development.
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Impact
August, 2024
The Issachar Foundation Inc, under the guidance of Jason S. Ornduff at Harrison & Held, has a significant impact on supporting organizations aligned with foundational Christian biblical principles. By raising funds from individuals and other entities who share these principles, the foundation is able to provide grants to deserving organizations that are qualified under section 501(c)(3) of the code. This support enables these organizations to further their missions and make a positive difference in their communities. The foundation's emphasis on religious values adds a unique dimension to its philanthropic efforts, impacting various sectors through its grants and financial support.
This information is meant to be a general summary of Issachar Foundation Inc C/O Jason S Ornduff Harrison & Held. 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: -$2,073
- Gross Receipts: $229,187
Assets and Liabilities:
- Total Assets: $988,872
- Total Liabilities: $0
- Net Assets: $988,872
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Organization Details
Founding Year
2018
Phone
(312) 753-6165Principal Officer
James M Oberman
Main Address
333 W WACKER DRIVE 1700, CHICAGO, IL, 60606
NTEE Category
Code: X20 - Religion related
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