Overview
What is The Giving Branch Foundation?
The Giving Branch Foundation, situated in Columbia, Missouri, is a charitable organization dedicated to expressing compassion in the communities it serves. In 2022, they extended their assistance to 158 non-profit organizations, supported 270 individuals and families, granted 11 scholarships to working adults, and contributed to 61 United Way organizations. The foundation's primary mission is to demonstrate love within their served communities by providing financial aid to those in need. Their purpose is twofold: firstly, to assist and support individuals and families in need within the communities where Flat Branch Mortgage, Inc.'s offices are located, and secondly, to aid organizations and individuals deemed worthy by the foundation.
Official website here: www.foundation.fbhl.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating (62%)
The Giving Branch Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in several areas of accountability and finance. With an overall score of 62%, the organization shows strengths in aspects like material diversion of assets and maintaining a conflict of interest policy, both scoring highly. However, the lack of independent board members and issues with financial statement transparency have significantly impacted its overall rating.
The foundation's governance structure is a notable concern, as it currently has no independent board members and scores poorly on the independent board size metric. Furthermore, the failure to post financial statements on its website and the absence of a whistleblower policy raise questions about its commitment to transparency and ethical governance practices. Although it demonstrates a solid program expense ratio, these challenges highlight areas that need urgent attention.
Despite these limitations, The Giving Branch Foundation maintains some effective practices, such as a documented retention policy and proper documentation of board meeting minutes. Addressing the highlighted shortcomings could enhance its credibility and overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Giving Branch Foundation legitimate?
The Giving Branch Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Giving Branch 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:
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Official website here: www.foundation.fbhl.com
What is the mission statement of The Giving Branch Foundation?
The Giving Branch Foundation's mission is centered around showing compassion in the communities it serves. Its primary objective is to offer financial aid to individuals and families in need. Secondarily, the foundation supports organizations and individuals it deems worthy. Throughout 2022, the foundation extended its assistance to 158 not-for-profit organizations, aided 270 individuals and families, awarded 11 scholarships to working adults, and contributed to the funding of 61 United Way organizations.
Official website here: www.foundation.fbhl.com
Who is the CEO of The Giving Branch Foundation?
Emily Harvey is the President of The Giving Branch Foundation.
Official website here: www.foundation.fbhl.com
What is the revenue of The Giving Branch Foundation?
The Giving Branch Foundation's revenue in 2022 was $1,229,283.
Official website here: www.foundation.fbhl.com
Who are the executives of The Giving Branch Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.foundation.fbhl.com
Where can I find the form 990 for The Giving Branch Foundation?
The Giving Branch Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.fbhl.com
Learn more at the official website: www.foundation.fbhl.com
Mission Statement of The Giving Branch Foundation
The Giving Branch Foundation, a charitable organization, is committed to demonstrating compassion in the communities it serves. Its primary objective is to extend financial aid to individuals and families who find themselves in difficult circumstances. This mission is driven by the organization's belief in supporting those in need, particularly within the communities where the offices of Flat Branch Mortgage, Inc., are located. Furthermore, The Giving Branch Foundation has a secondary mission to assist and recognize worthy organizations that align with its values.
In 2022, The Giving Branch Foundation showcased its commitment to its mission by extending aid to 158 not-for-profit organizations, offering support to 270 individuals and families, and granting 11 scholarships to working adults. The organization also played a significant role in providing funding to 61 United Way organizations. This wide-ranging support reflects The Giving Branch Foundation's dedication to enhancing the lives of those in need and reinforces its mission to show love and extend a helping hand in the communities it serves.
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Impact
July, 2024
The Giving Branch Foundation has made a significant impact by providing financial assistance to those in need within the communities it serves. In 2022 alone, the foundation supported 158 not-for-profit organizations, provided support to 270 individuals and families, granted 11 scholarships to working adults, and helped provide funding to 61 United Way organizations. This impactful work has demonstrated The Giving Branch Foundation's commitment to showing love and supporting those facing challenges in their lives.
This information is meant to be a general summary of The Giving Branch 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.
- Investment Income: -$687
- Gross Receipts: $1,285,369
Assets and Liabilities:
- Total Assets: $529,418
- Total Liabilities: $3,500
- Net Assets: $525,918
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Organization Details
Founding Year
2018
Principal Officer
Emily Harvey
Main Address
101 SOUTH FIFTH ST SUITE 200, COLUMBIA, MO, 65201
Website
www.foundation.fbhl.comNTEE Category
Code: T31 - Philanthropy
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