Family Giving Foundation Inc

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

EIN: 844003180 ✦ Papaikou, HI ✦ Designated as a 501(c)(3)

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Overview

What is Family Giving Foundation Inc?

Family Giving Foundation Inc, based in Papakou, Hawaii, functions as a nonprofit organization that extends financial aid to other charitable entities categorized under IRC 501(C)(3). Their primary mission is to support and fund various educational, religious, and other causes that align with the philanthropic intentions of their donors. By offering financial assistance, Family Giving Foundation empowers these charitable organizations to make a significant impact within their communities and beyond. The foundation's purpose is to act as a philanthropic partner, facilitating the fulfillment of donors' charitable aspirations while contributing to the broader social good.


Official website here: www.familygivingfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

Family Giving Foundation Inc has achieved an 84% rating from Charity Navigator, indicating a solid level of accountability and financial management. The rating is based entirely on their accountability and finance score, reflecting the organization's adherence to good governance practices. Notably, the foundation has a high percentage of independent board members and robust financial oversight mechanisms in place.

Strengths of the organization include a strong fundraising efficiency, with no costs reported in that area, and excellent management of assets with a low liabilities-to-assets ratio. The foundation also effectively communicates its policies regarding conflicts of interest and whistleblower protections, ensuring transparency and trustworthiness in its operations. Additionally, the program expense ratio shows that the organization allocates a significant portion of its resources directly to its programs, although this score could potentially be improved.

One area of concern is the program expense ratio, which is relatively low at 62.00%, suggesting that a smaller percentage of its funds are being directly utilized for programmatic activities compared to administrative costs. This aspect could raise questions about the foundation's effectiveness in achieving its mission. Overall, the organization demonstrates strong financial practices, but there is room for improvement in program expenditure to enhance overall impact.


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

Is Family Giving Foundation Inc legitimate?

Family Giving Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Giving Foundation 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.familygivingfoundation.com

What is the mission statement of Family Giving Foundation Inc?

Family Giving Foundation Inc is a charitable organization dedicated to supporting other tax-exempt charities, as outlined in IRC 501(C)(3). Its primary mission is to provide assistance to these qualified charities and help donors fund causes that align with their philanthropic goals. The corporation serves to strengthen the charitable sector by facilitating financial contributions towards educational, religious, and other worthy causes. By providing essential resources to these organizations, Family Giving Foundation Inc plays a crucial role in amplifying their impact and enabling them to fulfill their respective missions.


Official website here: www.familygivingfoundation.com

Who is the CEO of Family Giving Foundation Inc?

Tim Voorhees is the President of Family Giving Foundation Inc.


Official website here: www.familygivingfoundation.com

What is the revenue of Family Giving Foundation Inc?

Family Giving Foundation Inc's revenue in 2022 was $17,876,018.


Official website here: www.familygivingfoundation.com

Who are the executives of Family Giving Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Tim Voorhees (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Higby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Cotney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Sopata (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.familygivingfoundation.com

Where can I find the form 990 for Family Giving Foundation Inc?

Family Giving Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.familygivingfoundation.com

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

Mission Statement of Family Giving Foundation Inc

Family Giving Foundation Inc, a charitable organization, is dedicated to assisting other 501(C)(3) organizations in fulfilling their missions. Its primary objective is to support tax-exempt charities that align with donors' philanthropic intentions, encompassing educational, religious, and various other causes. By providing financial assistance, Family Giving Foundation Inc enables these charities to make a more significant impact on the communities they serve. In essence, the organization acts as a bridge between generous donors and worthy causes, facilitating transformative change and promoting growth within the charitable sector.

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Impact




October, 2024

Family Giving Foundation Inc has a significant impact by facilitating financial support to a range of charitable organizations recognized under IRC 501(c)(3). By connecting donors with initiatives that align with their philanthropic goals, the foundation amplifies the resources available for educational, religious, and various other causes. This support not only enhances the capacity of recipient organizations but also strengthens community engagement and development in Papaiokou, HI, and beyond. Through its mission, Family Giving Foundation Inc effectively nurtures a culture of giving, ensuring that more individuals and communities benefit from the generous contributions of donors.




This information is meant to be a general summary of Family Giving Foundation 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.

Revenue
$17,876,018 (2022)
Expenses
$1,458,291 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,026,121
  • Gross Receipts: $23,814,562

Assets and Liabilities:

  • Total Assets: $56,984,897
  • Total Liabilities: $1,844,626
  • Net Assets: $55,140,271

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Organization Details

Founding Year

2019

Principal Officer

Tim Voorhees

Main Address

27-703 KAIEIE ROAD, PAPAIKOU, HI, 96781

NTEE Category

Code: T30 - Philanthropy

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