4-Ct Corp

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

EIN: 850535172 ✦ Westport, CT ✦ Designated as a 501(c)(3)

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Overview

What is 4-Ct Corp?

4-Ct Corp is a significant nonprofit organization located in Westport, Connecticut, with an address at 50 Charles Street. Established in March 2020, the corporation played a critical role in creating a donor-advised fund, referred to as the 4-CT Statewide COVID-19 Relief Fund. This fund was initiated by Donald Kendall, Jr., the founder and chairman of 4-CT Corp, in collaboration with the Hartford Foundation for Public Giving (HFPG). The fund's primary advisor, Don Kendall Jr., appointed the Board of Directors of 4-CT Corp as its independent advisory committee. The mission of this fund was to provide direct aid and support for programs that offered immediate assistance to Connecticut residents who were most adversely affected by the COVID-19 pandemic. The nonprofit employs 11 individuals and aims to contribute to the well-being of its community during challenging times.


Official website here: www.4-ct.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating. This high rating signifies that 4-Ct Corp demonstrates strong accountability and financial health, reassuring donors that their contributions are managed responsibly.

The organization excels with a perfect score for having a majority of independent board members, which promotes transparency and good governance. Additionally, 4-Ct Corp has received top marks for its financial statements, indicating thorough audits and no material diversion of assets. Moreover, it maintains comprehensive policies on conflicts of interest and whistleblower protections, reflecting a robust commitment to ethical operations.

Despite these strengths, the review does not indicate any specific areas of concern or shortcomings, highlighting an overall positive assessment. The program expense ratio of 88.40% further suggests that a significant portion of donations goes directly to programmatic efforts rather than administrative costs.


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

Is 4-Ct Corp legitimate?

4-Ct Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. 4-Ct Corp 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: $128,552
Professional Fundraising Fees: $0
Other Salaries and Wages: $280,543

For more financial information, click here


Official website here: www.4-ct.org

What is the mission statement of 4-Ct Corp?

4-Ct Corp's mission is centered around providing direct aid and support for programs that offer immediate assistance to individuals in Connecticut who have been severely affected by the COVID-19 pandemic. This organization serves as an independent advisory committee for a donor-advised fund called the 4-CT Statewide COVID-19 Relief Fund, established to aid those most adversely impacted by the virus. The fund's primary advisor, appointed by the founder and chair of 4-CT Corp, works to distribute resources effectively, ensuring that the Hartford Foundation for Public Giving retains ultimate authority and control over the fund's assets and decision-making process.


Official website here: www.4-ct.org

Who is the CEO of 4-Ct Corp?

Sarah Blanton is the Ceo of 4-Ct Corp. The CEO's salary of 4-Ct Corp is $0 and their total compensation is $0.


Official website here: www.4-ct.org

What is the revenue of 4-Ct Corp?

4-Ct Corp's revenue in 2022 was $1,627,961.


Official website here: www.4-ct.org

Who are the executives of 4-Ct Corp and what are their salaries?

The average compensation at 4-Ct Corp during 2022 was $37,190. There are 11 employees and 15 volunteers at 4-Ct Corp.


Here are 16 key members and their salaries (4-Ct Corp's CEO's salary is $0 and their total compensation is $0):


Donald Kendall (Chairman, Executive Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Berger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Hodge (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Yang (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Rosa Moher (Director Of Development & Communications)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megumi Abe (Director Of Programs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Michael Apkson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie-Li Haub (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Kleeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Huntress Lamont (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Adam Norwitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Simmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catalina Samper-Horak (Interim Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Blanton (Ceo)
  • Compensation: $128,552
  • Related: $0
  • Other: $0
David Mcgann (Director Of Finance & Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.4-ct.org

Where can I find the form 990 for 4-Ct Corp?

4-Ct Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.4-ct.org

Learn more at the official website: www.4-ct.org

Mission Statement of 4-Ct Corp

4-Ct Corp, a nonprofit organization, has a mission to provide direct aid and support for programs that offer immediate assistance to Connecticut residents who have been adversely affected by the COVID-19 pandemic. Established in March 2020, this mission was initiated through the creation of a statewide COVID-19 relief fund, known as "The Fund," by Donald Kendall, Jr., the founder and chair of 4-Ct Corp. Kendall served as the primary fund advisor, and the board of directors of 4-Ct Corp was appointed as its independent advisory committee. The fund agreement stipulates that the Hartford Foundation for Public Giving, which owns the fund, holds full and ultimate authority, discretion, and exclusive legal control over all property in The Fund. The wishes of the fund advisor(s) are advisory in nature only and are not binding on the Hartford Foundation for Public Giving board of directors. In essence, 4-Ct Corp is committed to supporting programs that directly aid and assist Connecticut residents struggling due to the pandemic.

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Impact




July, 2024

4-Ct Corp has had a significant impact by providing direct aid and support for programs that offered immediate assistance to Connecticut residents most adversely impacted by COVID-19. In March 2020, a donor-advised fund called the 4-CT Statewide COVID-19 Relief Fund was established by Donald Kendall, Jr., the founder and chair of 4-Ct Corp, in partnership with the Hartford Foundation for Public Giving. The fund's primary aim was to support individuals and communities facing hardships due to the pandemic. Through its philanthropic efforts, 4-Ct Corp has played a crucial role in addressing the urgent needs of those affected by the health crisis in Connecticut.




This information is meant to be a general summary of 4-Ct Corp. 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
$1,627,961 (2022)
Expenses
$3,180,553 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,282
  • Gross Receipts: $1,627,961

Assets and Liabilities:

  • Total Assets: $2,794,437
  • Total Liabilities: $107,530
  • Net Assets: $2,686,907

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Organization Details

Founding Year

2020

Principal Officer

Sarah Blanton

Main Address

50 CHARLES ST, WESTPORT, CT, 068805804

NTEE Category

Code: T30 - Philanthropy

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