Overview
What is Equitable Giving Circle?
Equitable Giving Circle is a nonprofit organization located in Portland, Oregon, with a focus on addressing systemic inequalities within the community. Amidst the economic hardships brought by the COVID-19 pandemic, particularly affecting BIPOC (Black, Indigenous, and People of Color) communities due to past discrimination and limited resources, the organization took action. Their approach involves two key components: firstly, purchasing Community Supported Agriculture (CSA) shares from local BIPOC farming communities to generate revenue during a period when restaurant clients are no longer buying. Secondly, they gift these CSA shares to BIPOC families experiencing food insecurity who are not being served by existing social service networks. Furthermore, Equitable Giving Circle organizes a weekly pop-up pantry or free farmers market, offering fresh produce, pantry items, and protein sources to BIPOC Portlanders. By providing food access and supporting local BIPOC farmers, the organization aims to foster a more equitable future for these communities. With a team of five dedicated individuals, Equitable Giving Circle serves as an active force in advocating for and addressing inequality at a community level.
Official website here: www.equitablegivingcircle.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Equitable Giving Circle has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is determined entirely by their Accountability & Finance score, which reflects the organization's practices in governance and financial management. An independent board with 100% of its members being independent signifies strong oversight, contributing positively to the charity's credibility.
The organization demonstrates effective financial management, with a program expense ratio of 83.79%, meaning a significant portion of their budget is allocated directly to programs rather than administrative costs. This efficiency is further supported by a perfect liabilities to assets ratio, indicating that the organization operates without debt. Additionally, the presence of policies related to conflicts of interest and whistleblower protections enhances their governance framework.
While the charity showcases strong operational practices, it's essential to consider the limitations of the rating. The score is solely based on accountability and finance metrics, so other aspects such as program effectiveness or community impact are not reflected in this evaluation. Overall, Equitable Giving Circle appears to be a responsibly managed organization with a commitment to transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Equitable Giving Circle legitimate?
Equitable Giving Circle is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equitable Giving Circle 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: $279,779
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,095
For more financial information, click here
Official website here: www.equitablegivingcircle.org
What is the mission statement of Equitable Giving Circle?
The Equitable Giving Circle's mission is to tackle systemic inequalities within communities on a local level. They aim to achieve this by offering outreach programs and initiatives, working towards the construction of a more equitable future. Specifically, the organization addresses the economic hardships brought upon by COVID-19, particularly affecting BIPOC (Black, Indigenous, and People of Color) communities due to historical discrimination and limited access to resources. Their approach involves supporting local BIPOC farmers financially and distributing CSA shares to food-insecure families within this community. Furthermore, they host a weekly free food event, providing fresh produce and other essential items to BIPOC individuals in Portland.
Official website here: www.equitablegivingcircle.org
What is the revenue of Equitable Giving Circle?
Equitable Giving Circle's revenue in 2023 was $1,096,923.
Official website here: www.equitablegivingcircle.org
Who are the executives of Equitable Giving Circle and what are their salaries?
The average compensation at Equitable Giving Circle during 2023 was $63,375. There are 5 employees and 47 volunteers at Equitable Giving Circle.
Here are 4 key members and their salaries:
- Compensation: $85,000
- Related: $0
- Other: $0
- Compensation: $85,000
- Related: $0
- Other: $0
- Compensation: $60,741
- Related: $0
- Other: $0
- Compensation: $49,038
- Related: $0
- Other: $0
Official website here: www.equitablegivingcircle.org
Where can I find the form 990 for Equitable Giving Circle?
Equitable Giving Circle's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.equitablegivingcircle.org
Learn more at the official website: www.equitablegivingcircle.org
Mission Statement of Equitable Giving Circle
Equitable Giving Circle, a nonprofit organization, is committed to addressing systemic inequalities within communities with the aim of fostering a more equitable future. They achieve this goal by providing outreach and programs. Recognizing the disproportionate impact of the COVID-19 pandemic on BIPOC (Black, Indigenous, and People of Color) communities, Equitable Giving Circle focuses on addressing income instability and food insecurity. To accomplish this, they purchase CSA shares from Portland's BIPOC farming community to support revenue during challenging times. Additionally, they gift these CSA shares to BIPOC families struggling with food insecurity, who have not been reached by existing social services networks.
The second component of Equitable Giving Circle's food justice programming is their weekly pop-up pantry or free farmers market. This event, which takes place every Thursday from 10 a.m. to 2 p.m., offers BIPOC Portlanders access to fresh produce, high-quality pantry items, and protein sources at no cost. By offering these resources, Equitable Giving Circle seeks to help address food insecurity within these communities and contribute to a more equitable future.
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Impact
July, 2024
Equitable Giving Circle's impact is substantial in addressing systemic inequalities within the Portland community, particularly for BIPOC families facing economic hardships exacerbated by the COVID-19 pandemic. Through initiatives like purchasing CSA shares from BIPOC farmers and distributing them to families in need, as well as hosting free weekly food events, they are making tangible strides towards food justice and economic empowerment. Their work is not only providing much-needed resources but also fostering a more equitable future for marginalized communities in Portland.
This information is meant to be a general summary of Equitable Giving Circle. 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.
- Investment Income: $63
- Program Service Revenue: $548
- Gross Receipts: $1,096,923
Assets and Liabilities:
- Total Assets: $244,661
- Total Liabilities: $0
- Net Assets: $244,661
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lunch and Learn
Revenue
$548
Organization Details
Founding Year
2020
Principal Officer
Alanna Mccreary
NTEE Category
Code: T31 - Philanthropy
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