Overview
What is The Giving Fund Inc?
The Giving Fund Inc, located in Fort Mitchell, Kentucky, is a nonprofit organization known for its mission to raise funds for an annually chosen charity. They achieve this goal through a series of events held throughout the year. In February 2020, they organized a wine dinner event, aiming to accumulate funds for their chosen charity. The organization's address is 414 Highland Ave, Fort Mitchell, KY 41017.
Official website here: www.giving-fund.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero Stars (36%)
The Giving Fund Inc has received a low rating of 36%, resulting in a Zero-Star out of Four Stars designation from Charity Navigator. This rating highlights significant concerns regarding the charity's accountability and financial management practices. While the organization has a fully independent board and meets certain governance criteria such as documenting board meeting minutes and listing their website on tax forms, it falls short on key operational policies.
The charity's weaknesses are most pronounced in areas crucial for transparency and accountability. Notably, it lacks a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, which are vital for ethical governance. Additionally, the program expense ratio and the liabilities to assets ratio received the lowest possible scores, indicating potential financial instability and a lack of investment in programmatic activities.
Overall, while The Giving Fund Inc demonstrates some governance strengths, its substantial deficiencies in financial accountability and policy implementation raise concerns for potential donors and stakeholders. It is advisable for interested parties to exercise caution and seek further information before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Giving Fund Inc legitimate?
The Giving Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Giving Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.giving-fund.com
What is the mission statement of The Giving Fund Inc?
The Giving Fund Inc's mission is centered around raising funds to support an annually chosen charity. They accomplish this goal by organizing various events throughout the year. For instance, they initiated a fundraising campaign for a wine dinner event in February 2020, with the aim of donating to Pancan. The organization's primary objective is to make a significant impact in the chosen charity's cause.
Official website here: www.giving-fund.com
What is the revenue of The Giving Fund Inc?
The Giving Fund Inc's revenue in 2023 was $0.
Official website here: www.giving-fund.com
Who are the executives of The Giving Fund Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.giving-fund.com
Where can I find the form 990 for The Giving Fund Inc?
The Giving Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.giving-fund.com
Learn more at the official website: www.giving-fund.com
Mission Statement of The Giving Fund Inc
The Giving Fund Inc, as an organization, is committed to raising funds for an annually chosen charity. They achieve this goal through various events held throughout the year. Their primary mission is to collect donations, which they then distribute to the charity selected annually. This philanthropic endeavor is demonstrated through their initial fundraising event, a wine dinner, scheduled in February 2020, aiming to contribute to Pancan.
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Impact
August, 2024
The Giving Fund Inc has a direct impact on the community by raising funds to donate to annually chosen charities through various events held throughout the year. Their mission of fundraising and donating to charitable causes has a tangible and positive effect on those in need. One notable event was the wine dinner held in February 2020 to raise funds for donation to PANCAN, showcasing their commitment to making a difference through philanthropy.
This information is meant to be a general summary of The Giving Fund 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 2023.
- Program Service Revenue: $36,442
- Gross Receipts: $36,442
Assets and Liabilities:
- Total Assets: $49,512
- Total Liabilities: $0
- Net Assets: $49,512
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMORIAL DONATIONS
Revenue
$36,442
Organization Details
Founding Year
2019
Principal Officer
Andrew Lange
Website
www.giving-fund.comNTEE Category
Code: A12 - Arts
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