Overview
What is Sundt Foundation?
The Sundt Foundation is a charitable organization, headquartered in Tucson, Arizona, with a specific focus on supporting children's causes within the communities where employees of Sundt Companies, Inc. reside and work. Their mission revolves around providing grants and contributions to non-profit organizations that have been exempted under Section 501(C)(3) of the Internal Revenue Code. By doing so, the foundation aims to fulfill the charitable giving desires of its employees and other individuals, thereby contributing positively to the selected charitable organizations.
Official website here: www.sundt.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The Sundt Foundation receives a 79% rating from Charity Navigator, indicating a solid level of accountability and transparency, particularly highlighted by its perfect scores in board independence and material diversion of assets. The organization showcases strong financial health with a 100% program expense ratio, ensuring that all funds are directed towards its mission-related activities. Additionally, it maintains comprehensive policies regarding conflict of interest, whistleblower protection, and document retention, contributing to its robust accountability framework.
However, there are some areas for improvement, particularly in the impact measurement domain, where the Foundation scored lower than in other categories. This includes relatively modest scores in program planning, development, and data collection, suggesting that while it is effective in directing funds, there may be opportunities to enhance the evaluation of its program effectiveness and impact. The Foundation has demonstrated a commitment to reporting and distributing results, which is a positive indicator of transparency in its operations.
Overall, the Sundt Foundation's strengths lie in its financial management, governance, and commitment to accountability, while it faces challenges in enhancing its impact measurement and program design strategies. The organization can build on its current successes to better assess and communicate its outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Sundt Foundation legitimate?
Sundt Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sundt Foundation 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.
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Official website here: www.sundt.com
What is the mission statement of Sundt Foundation?
The Sundt Foundation's mission is to distribute charitable gifts and grants to organizations that have been granted tax-exempt status under Section 501(C)(3) of the Internal Revenue Code. Additionally, the foundation aims to provide a platform for charitable giving for the employees of Sundt Companies, Inc. and its subsidiaries, as well as other individuals. This mission serves to satisfy the philanthropic needs of these individuals while supporting organizations that focus on children's issues in the communities where Sundt Companies, Inc. employees reside and work.
Official website here: www.sundt.com
What is the revenue of Sundt Foundation?
Sundt Foundation's revenue in 2023 was $1,636,193.
Official website here: www.sundt.com
Who are the executives of Sundt Foundation and what are their salaries?
Here are 21 key members and their salaries:
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Official website here: www.sundt.com
Where can I find the form 990 for Sundt Foundation?
Sundt Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sundt.com
Learn more at the official website: www.sundt.com
Mission Statement of Sundt Foundation
The Sundt Foundation, a charitable organization, is committed to providing financial aid and grants to entities that fall under Section 501(C)(3) of the Internal Revenue Code. Its mission is twofold: firstly, it aims to fulfill the charitable giving desires of the employees of Sundt Companies, Inc. and its subsidiaries, as well as other individuals. Secondly, it seeks to support qualified, tax-exempt organizations that work towards addressing children's issues within the communities where Sundt Companies, Inc.'s employees reside and operate. By providing grants to these charitable organizations, the Sundt Foundation enables them to carry out their missions and make a positive impact on the lives of children and their communities.
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Impact
July, 2024
The Sundt Foundation's impact is felt through its support of various charitable organizations that address children's issues in communities where employees of the Sundt Companies, Inc. live and work. Through grants and gifts, the foundation plays a vital role in improving the lives of children and families in need. This philanthropic effort not only benefits the recipients of the grants but also provides employees with the opportunity to engage in meaningful charitable giving, fostering a culture of giving back and making a positive difference in their communities.
This information is meant to be a general summary of Sundt Foundation. 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: $10,326
- Gross Receipts: $1,883,458
Assets and Liabilities:
- Total Assets: $295,600
- Total Liabilities: $44,350
- Net Assets: $251,250
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Organization Details
Founding Year
1998
Principal Officer
Stefanie V Teller
Website
www.sundt.comNTEE Category
Code: T30 - Philanthropy
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