Overview
What is Farmers Charitable Foundation Xxx-Xx-Xxxx?
Farmers Charitable Foundation Xxx-Xx-Xxxx is a charitable organization, based in Canfield, Ohio, with a mission to support various causes aligned with its 501(c)(3) status. The foundation primarily functions by administering assets received as charitable donations, bequests, and gifts. It then distributes these funds through grants to organizations working in various sectors such as health and human services, children, youth, and families, social welfare, education, scientific research, culture, arts, and humanities, religion, civic and community affairs, environment, wildlife and animals, and other charitable activities that align with its donors' philanthropic wishes. In 2022, over forty organizations benefited from these grants, furthering their exempt purposes.
Official website here: www.none
What are the reviews and ratings of this charity?
**Farmers Charitable Foundation: Charity Navigator Rating - 81% (Three-Star out of Four Stars)**
The Farmers Charitable Foundation has received an overall rating of 81%, categorized as a Three-Star charity by Charity Navigator. This score is primarily based on their Accountability & Finance practices, reflecting a commitment to transparency and responsible financial management. However, the inability to score areas such as Leadership & Adaptability, Culture & Community, and Impact & Measurement indicates room for improvement in understanding the foundation's overall effectiveness.
One notable strength is their high Program Expense Ratio of 93.39%, suggesting that a substantial portion of their funds is directed towards their programs rather than administrative costs. The organization has established robust policies regarding conflicts of interest, whistleblower protections, and document management, which enhance their accountability. Nonetheless, the lack of independent board members is a significant concern, as this can impact the objectivity of their governance.
At this time, user reviews from GreatNonprofits are not available to provide additional insights into community feedback. Overall, the Farmers Charitable Foundation showcases strong financial practices but should address governance issues to enhance their credibility and efficacy.
This AI summary has been generated from information found on Charity Navigator.
Is Farmers Charitable Foundation Xxx-Xx-Xxxx legitimate?
Farmers Charitable Foundation Xxx-Xx-Xxxx is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farmers Charitable Foundation Xxx-Xx-Xxxx 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.none
What is the mission statement of Farmers Charitable Foundation Xxx-Xx-Xxxx?
The Farmers Charitable Foundation, identified by the code Xxx-Xx-Xxxx, is dedicated to serving charitable, religious, and educational purposes. In line with Section 501(C)(3) of the Internal Revenue Code of 1986, the foundation collects and manages donations, bequests, and contributions. It uses these assets to make grants and distributions, aiming to enhance charitable activities in various sectors. These sectors include health and human services, children, youth, and families, social welfare, education, scientific research, culture, arts, and humanities, religion, civic and community affairs, environment, wildlife and animals, and other charitable causes that reflect the philanthropic wishes of its donors.
Official website here: www.none
Who is the CEO of Farmers Charitable Foundation Xxx-Xx-Xxxx?
Kevin Helmick is the Chairman of Farmers Charitable Foundation Xxx-Xx-Xxxx.
Official website here: www.none
What is the revenue of Farmers Charitable Foundation Xxx-Xx-Xxxx?
Farmers Charitable Foundation Xxx-Xx-Xxxx's revenue in 2022 was $7,145,328.
Official website here: www.none
Who are the executives of Farmers Charitable Foundation Xxx-Xx-Xxxx and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $1,764,663
- Other: $27,641
- Compensation: $0
- Related: $213,602
- Other: $0
- Compensation: $0
- Related: $384,282
- Other: $0
- Compensation: $0
- Related: $525,029
- Other: $16,536
- Compensation: $0
- Related: $696,234
- Other: $20,521
- Compensation: $0
- Related: $483,845
- Other: $24,432
- Compensation: $0
- Related: $798,736
- Other: $27,514
- Compensation: $0
- Related: $66,388
- Other: $19,147
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Farmers Charitable Foundation Xxx-Xx-Xxxx
Farmers Charitable Foundation Xxx-Xx-Xxxx is a charitable organization with a mission to serve the community in various aspects. It is organized and operated solely for charitable, religious, and educational purposes, aligning with Section 501(C)(3) of the Internal Revenue Code of 1986. The foundation's primary objective is to facilitate, support, and increase charitable activities in various sectors. These sectors include, but are not limited to, health and human services, children, youth, and families, social welfare, education, scientific research, culture, arts, and humanities, religion, civic and community affairs, environment, wildlife and animals, and other charitable activities that resonate with the philanthropic wishes of its donors.
In line with its mission, Farmers Charitable Foundation Xxx-Xx-Xxxx holds, invests, and administers assets received as charitable gifts, bequests, and contributions. It utilizes these assets or their income to make grants and other distributions, aiming to enhance charitable activities in the aforementioned areas. The foundation's mission is to touch lives and contribute positively to the community, reflecting the benevolent intentions of its donors.
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Impact
July, 2024
Farmers Charitable Foundation Xxx-Xx-Xxxx has had a significant impact by making grants to charitable, religious, educational, and scientific organizations in furtherance of each recipient's exempt purpose. In 2022, over forty organizations received grants, leading to tangible support for causes in areas including health and human services, children, youth, families, social welfare, education, scientific research, culture, arts, humanities, religion, civic and community affairs, environment, wildlife, and animals. Through its philanthropic efforts, Farmers Charitable Foundation Xxx-Xx-Xxxx has contributed to the betterment of various communities and causes, aligning with the philanthropic wishes of its donors.
This information is meant to be a general summary of Farmers Charitable Foundation Xxx-Xx-Xxxx. 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: -$45,483
- Gross Receipts: $10,132,072
Assets and Liabilities:
- Total Assets: $8,349,905
- Total Liabilities: $0
- Net Assets: $8,349,905
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Organization Details
Founding Year
2018
Phone
(330) 743-7000Principal Officer
Kevin Helmick
Main Address
20 S BROAD STREET, CANFIELD, OH, 44406
Website
www.noneNTEE Category
Code: T99 - Philanthropy
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