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Palm Of Christ Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 832053721 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Palm Of Christ Foundation?

The Palm of Christ Foundation, situated in New York, is a nonprofit organization dedicated to serving the sovereign purposes of God's Kingdom. Their activities encompass the restoration and prioritization of the relationship between individuals and their creator, the fostering of righteousness between people, and the promotion of virtuous stewardship of nature and natural resources. The foundation achieves these objectives through charitable activities, aiming to manifest God's love, mercy, and power in the world. One of their significant programs, First Love, is designed for spiritual growth, offering one-on-one sessions for personal transformation and wholeness in God's love.


Official website here: www.palmofchrist.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

The Palm Of Christ Foundation has received an overall rating of 83%, which translates to a Three-Star rating on Charity Navigator. This score is derived solely from the Accountability & Finance beacon, highlighting the organization’s commitment to financial transparency and good governance practices. The high score suggests that donors can trust the foundation to manage and allocate its resources responsibly.

Strengths of the Palm Of Christ Foundation include a fully independent board with 100% of its members meeting this criterion, as well as no material diversion of assets reported. The organization also demonstrates strong fiscal responsibility with an impressive program expense ratio of over 93%, indicating that a significant portion of its funding is directed towards its mission-driven activities. The foundation’s commitment to governance is underscored by its conflict of interest policy and the availability of board meeting minutes.

However, there are areas for improvement, notably the absence of a whistleblower policy and a document retention and destruction policy, which could enhance the organization’s governance framework. Despite these limitations, the high accountability score and effective use of resources reflect positively on the Palm Of Christ Foundation's operational practices.


This AI summary has been generated from information found on Charity Navigator.

Is Palm Of Christ Foundation legitimate?

Palm Of Christ Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Of Christ 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


Official website here: www.palmofchrist.com

What is the mission statement of Palm Of Christ Foundation?

The Palm of Christ Foundation's mission is centered around serving the divine purposes of God's Kingdom. This encompasses the restoration and prioritization of the relationship between individuals and their Creator, fostering righteousness in the interactions between men and women, and instilling virtuous stewardship towards nature and all natural resources within people. Through its charitable activities, the foundation aims to serve as a tangible representation of God's love, mercy, and power on earth.


Official website here: www.palmofchrist.com

Who is the CEO of Palm Of Christ Foundation?

Theodore Henigson is the President & Treasurer of Palm Of Christ Foundation.


Official website here: www.palmofchrist.com

What is the revenue of Palm Of Christ Foundation?

Palm Of Christ Foundation's revenue in 2022 was $40,530.


Official website here: www.palmofchrist.com

Who are the executives of Palm Of Christ Foundation and what are their salaries?

There 3 volunteers at Palm Of Christ Foundation.


Here are 3 key members and their salaries:


Theodore Henigson (President & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yong Yeow Yeoh (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Simonds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.palmofchrist.com

Where can I find the form 990 for Palm Of Christ Foundation?

Palm Of Christ Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.palmofchrist.com

Learn more at the official website: www.palmofchrist.com

Mission Statement of Palm Of Christ Foundation

The Palm of Christ Foundation is devoted to serving the divine purposes of the Kingdom of God. Its mission encompasses various facets, such as restoring and prioritizing the relationship between humans and their creator, fostering righteousness between individuals, particularly men and women, and instilling a sense of virtuous stewardship towards nature and all natural resources in people's hearts. Through its charitable activities, the organization aims to embody the essence of God's love, mercy, and power in the world. It seeks to be a symbol of God's sacrificing love, his merciful redemption, and his powerful manifestation. The Palm of Christ Foundation strives to make a tangible impact, embodying the divine qualities in its work, thereby serving as a testament to God's love and benevolence.

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Impact




August, 2024

The Palm Of Christ Foundation's impact is profound, as it is dedicated to serving the sovereign purposes of the Kingdom of God. Through its charitable activities and programs like First Love, which focus on transformative spiritual growth and deepening the relationship between individuals and their creator, the organization plays a vital role in fostering righteousness, love, and stewardship of nature among individuals. By embodying God's love, mercy, and power, the foundation serves as a powerful sign of divine grace on Earth.




This information is meant to be a general summary of Palm Of Christ 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.

Revenue
$40,530 (2022)
Expenses
$31,827 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,826
  • Gross Receipts: $40,530

Assets and Liabilities:

  • Total Assets: $455,424
  • Total Liabilities: $0
  • Net Assets: $455,424

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Organization Details

Founding Year

2018

Principal Officer

Theodore Henigson

Main Address

56 E 13 ST APT 5, NEW YORK, NY, 100034612

NTEE Category

Code: T30 - Philanthropy

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