Overview
What is Shoppinggives Foundation?
Shoppinggives Foundation is a nonprofit organization situated in Chicago, Illinois. Its primary purpose is to promote philanthropy by collaborating with for-profit corporations, particularly online retailers. The foundation receives a portion of the purchase price of eligible products and services as donations when customers make purchases. It exercises control over the donated funds, distributing them to recommended charitable beneficiaries based on customer recommendations, while adhering to its terms of use and privacy policy. Shoppinggives Foundation partners with Shoppinggives to create a movement, driving significant impact to various causes and organizations globally through integrated technologies, capturing pledges to 501(C)(3) organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
The Shoppinggives Foundation has received an 85% rating from Charity Navigator, indicating a solid level of accountability and finance. The organization excels in several key areas, including having a fully independent board and strong policies in place to manage conflicts of interest and whistleblower protections. These factors contribute positively to its governance and operational integrity.
However, the foundation's fundraising efficiency ratio is notably low at 0.0025 out of a possible 25 points, which raises concerns about its ability to generate funds effectively relative to its expenditures. Additionally, the working capital ratio is also lower than optimal, suggesting potential challenges in maintaining adequate financial resources for operational needs.
Overall, while the Shoppinggives Foundation demonstrates strengths in governance and accountability, these financial efficiency concerns may impact its sustainability and future growth. Potential donors should weigh these aspects when considering support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Shoppinggives Foundation legitimate?
Shoppinggives Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shoppinggives Foundation 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 Shoppinggives Foundation?
The Shoppinggives Foundation, in conjunction with Shoppinggives, is committed to driving significant impact for various causes and organizations that support communities and people worldwide. Their mission is achieved through integrated technologies, capturing pledges directed towards 501(C)(3) organizations. The foundation's primary objective is to provide assistance to communities and organizations in dire need, ensuring a seamless and frictionless experience.
Who is the CEO of Shoppinggives Foundation?
Phillip Kaulfield is the Vice President of Shoppinggives Foundation. The CEO's salary of Shoppinggives Foundation is $0 and their total compensation is $0.
What is the revenue of Shoppinggives Foundation?
Shoppinggives Foundation's revenue in 2022 was $3,273,252.
Who are the executives of Shoppinggives Foundation and what are their salaries?
There 8 volunteers at Shoppinggives Foundation.
Here are 8 key members and their salaries (Shoppinggives Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Shoppinggives Foundation?
Shoppinggives Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shoppinggives Foundation
Shoppinggives Foundation, in partnership with Shoppinggives, aims to create a significant impact for various causes and organizations that support communities and people globally. Their mission is to channel pledges towards 501(c)(3) organizations as their primary objective. This nonprofit leverages integrated technologies to drive impact effectively and efficiently to communities in need, ensuring a seamless experience for all parties involved.
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Impact
July, 2024
Shoppinggives Foundation's impact is significant in promoting philanthropy and supporting charitable giving by for-profit corporations and online retailers. Through its integrated technologies and partnerships with brands, it drives massive impact for causes and organizations that support communities worldwide. By capturing pledges to 501(c)(3) organizations, the foundation ensures that funds are distributed to charitable beneficiaries according to customer recommendations, thus making a meaningful difference in the lives of those in need.
This information is meant to be a general summary of Shoppinggives Foundation. 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: $3,273,252
Assets and Liabilities:
- Total Assets: $636,990
- Total Liabilities: $7,500
- Net Assets: $629,490
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Organization Details
Founding Year
2018
Phone
(212) 889-0575Principal Officer
Phillip Kaulfield
Main Address
212 W VAN BUREN STREET 2-N, CHICAGO, IL, 60607
NTEE Category
Code: T50 - Philanthropy
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