Overview
What is Stifel Charitable Inc?
Stifel Charitable Inc, headquartered at 501 N Broadway in St. Louis, Missouri (63102), is a charitable organization committed to promoting and encouraging philanthropy and charitable giving throughout the United States. Their mission is to improve the lives of American inhabitants by accepting charitable contributions, offering support to expand charitable giving, and granting funds to various public charities and educational institutions for benevolent causes. In 2020, they distributed over $23.9 million in grants to more than 2,300 organizations, furthering their cause across the nation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Stifel Charitable Inc has received a Three-Star rating from Charity Navigator, indicating a solid overall performance in accountability and finance. The organization boasts an impressive program expense ratio of nearly 91%, suggesting that it allocates a significant portion of its funds directly to its programs. Additionally, a high working capital ratio of 10.11 years shows a strong financial cushion, ensuring the organization can sustainably operate over time.
Despite its strengths, there are several areas for improvement noted in the evaluation. While the majority of board members are independent and the organization has robust policies regarding conflicts of interest and whistleblower protections, some essential documents, such as financial statements and board meeting minutes, are not publicly accessible on their website. This lack of transparency may lead to concerns among potential donors regarding the organization's operational practices.
Furthermore, the organization has been rated lower in its Culture & Community score at 77, which could indicate a need for better engagement with stakeholders or improvement in internal practices. Addressing the missing disclosures and enhancing community involvement could help Stifel Charitable Inc to bolster its reputation and increase trust among current and prospective supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Stifel Charitable Inc legitimate?
Stifel Charitable Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stifel Charitable Inc 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: $164,323
Professional Fundraising Fees: $0
Other Salaries and Wages: $238,463
For more financial information, click here
What is the mission statement of Stifel Charitable Inc?
Stifel Charitable Inc is dedicated to encouraging and promoting philanthropy and charitable giving across the United States. They accomplish this by receiving charitable contributions, offering support and assistance to encourage further giving, and making grants to various public charities and educational institutions for charitable purposes. The organization's mission is geared towards enhancing the lives of all United States inhabitants by fostering a culture of giving and grantmaking. By channeling resources towards worthy causes, Stifel Charitable Inc plays a vital role in creating a positive impact on communities nationwide.
Who is the CEO of Stifel Charitable Inc?
Susan Potthast is the Executive Director of Stifel Charitable Inc.
What is the revenue of Stifel Charitable Inc?
Stifel Charitable Inc's revenue in 2022 was $77,553,631.
Who are the executives of Stifel Charitable Inc and what are their salaries?
There 4 volunteers at Stifel Charitable Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $154,791
- Other: $9,532
- 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 Stifel Charitable Inc?
Stifel Charitable Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stifel Charitable Inc
Stifel Charitable Inc, a leading philanthropic organization, is dedicated to encouraging and promoting charitable giving across the United States for the betterment of all its inhabitants. This mission-driven entity receives charitable contributions and offers support and assistance to foster a culture of giving. By grantmaking to other public charities and educational institutions, Stifel Charitable Inc contributes significantly to various charitable causes.
In pursuit of its philanthropic goals, Stifel Charitable Inc serves as a catalyst for positive change in communities nationwide. Through its strategic grantmaking initiatives, it supports a wide range of causes that aim to improve the lives of people, from education and healthcare to arts and culture. The organization's grants have a ripple effect, creating lasting impact and inspiring others to contribute to the greater good.
Moreover, Stifel Charitable Inc plays a vital role in strengthening the fabric of society by providing essential resources to organizations that address pressing social needs. By investing in the future through charitable giving, this organization embodies the spirit of generosity and compassion, unlocking the potential for transformative change.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Stifel Charitable Inc significantly enhances the landscape of philanthropy and charitable giving across the United States. With a mission centered on promoting generosity and support for a wide range of causes, the organization has distributed over $23.9 million in grants to more than 2,300 organizations. This financial backing enables various initiatives that address critical needs within communities, fostering improvements in education, health, the environment, and social services.
By actively encouraging charitable contributions and providing essential support, Stifel Charitable plays a pivotal role in mobilizing resources for the betterment of society. Their work not only supports existing nonprofits but also helps cultivate a culture of giving, inspiring individuals and organizations to participate in philanthropy. The impact of Stifel Charitable extends beyond financial assistance, as it actively engages with communities to enhance the well-being of all its inhabitants, creating a ripple effect of positive change.
This information is meant to be a general summary of Stifel Charitable Inc. 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: $6,722,706
- Gross Receipts: $135,066,374
Assets and Liabilities:
- Total Assets: $159,938,154
- Total Liabilities: $1,561,709
- Net Assets: $158,376,445
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2019
Phone
(314) 342-4422Principal Officer
Susan Potthast
Main Address
501 N BROADWAY, ST LOUIS, MO, 63102
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Stifel Charitable Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.