Overview
What is The Wellik Foundation C/O Arizona Community Foundation?
The Wellik Foundation C/O Arizona Community Foundation is a philanthropic organization, located in Phoenix, Arizona, with an address at 2201 E Camelback Rd 405B, ZIP code 85016. Its primary purpose is to support program services in the Wickenburg area, as detailed further in Schedule I, Part II. The foundation operates under the umbrella of Arizona Community Foundation, a qualified nonprofit corporation based in Arizona, and is committed to carrying out the missions and functions of this organization, as long as Arizona Community Foundation remains active. Specifically, it provides grants to aid in the delivery of services in the Wickenburg area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Wellik Foundation, associated with the Arizona Community Foundation, has achieved an impressive 94% rating from Charity Navigator, indicative of strong accountability and financial health. This high score is based solely on the foundation's excellent performance in accountability and finance, reflecting their commitment to transparency and effective governance.
The organization boasts a fully independent board with 83% of its members being independent, which contributes to its integrity and effective oversight. Additionally, there are no reported material diversions of assets, and the foundation has comprehensive policies in place regarding conflicts of interest, whistleblower protections, and document retention, further showcasing its commitment to ethical operations.
Financially, the Wellik Foundation is robust, with a liabilities-to-assets ratio of only 0.26%, indicating a healthy fiscal position. Moreover, a significant portion of its expenses—71.80%—is directed towards programs, ensuring that funds are utilized effectively for their intended purpose. Overall, the foundation stands out as a reputable organization dedicated to its mission and responsible financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is The Wellik Foundation C/O Arizona Community Foundation legitimate?
The Wellik Foundation C/O Arizona Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wellik Foundation C/O Arizona Community 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.
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
What is the mission statement of The Wellik Foundation C/O Arizona Community Foundation?
The Wellik Foundation, functioning under the Arizona Community Foundation, is tasked with carrying out the objectives and purposes of the Arizona Community Foundation, a qualified nonprofit corporation, as long as the Arizona Community Foundation continues to maintain its status. Essentially, its mission is aligned with the Arizona Community Foundation's, supporting program services carried out by the organization, primarily in the Wickenburg area. However, for more detailed information, please refer to Schedule I, Part II.
Who is the CEO of The Wellik Foundation C/O Arizona Community Foundation?
Anna Maria Chavez is the Director of The Wellik Foundation C/O Arizona Community Foundation.
What is the revenue of The Wellik Foundation C/O Arizona Community Foundation?
The Wellik Foundation C/O Arizona Community Foundation's revenue in 2023 was -$970,370.
Who are the executives of The Wellik Foundation C/O Arizona Community Foundation and what are their salaries?
There 10 volunteers at The Wellik Foundation C/O Arizona Community Foundation.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $101,375
- Other: $6,805
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $45,000
- Other: $0
- Compensation: $0
- Related: $329,688
- Other: $29,094
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $283,998
- Other: $23,641
- Compensation: $0
- Related: $658,433
- Other: $53,309
Where can I find the form 990 for The Wellik Foundation C/O Arizona Community Foundation?
The Wellik Foundation C/O Arizona Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Wellik Foundation C/O Arizona Community Foundation
The Wellik Foundation, acting as a representative of the Arizona Community Foundation, is committed to fulfilling the functions and carrying out the purposes of the Arizona Community Foundation, a qualified Arizona nonprofit corporation. The Wellik Foundation's mission is to continue supporting the programs and services that the organization carries out in the Wickenburg area, as long as the Arizona Community Foundation remains a qualified organization. This mission underscores the foundation's dedication to contributing to the betterment of its community through its grant-making activities. It is important to note that The Wellik Foundation's role is to align with the Arizona Community Foundation's mission, ensuring that its actions align with the broader objectives of the parent organization.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Wellik Foundation C/O Arizona Community Foundation significantly impacts the Wickenburg area by providing essential grants that support various program services. By aligning its activities with the goals of the Arizona Community Foundation, it plays a vital role in enhancing community welfare and addressing local needs. These grants enable the funding of initiatives that promote human services, fostering a stronger, more resilient community. Through its strategic allocations and commitment to local support, the foundation helps empower residents, improves quality of life, and encourages sustainable growth in the region.
This information is meant to be a general summary of The Wellik Foundation C/O Arizona Community 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: -$979,370
- Gross Receipts: $444,078
Assets and Liabilities:
- Total Assets: $26,086,146
- Total Liabilities: $69,859
- Net Assets: $26,016,287
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Phone
(602) 381-1400Principal Officer
Anna Maria Chavez
Main Address
2201 E CAMELBACK RD 405B, PHOENIX, AZ, 85016
NTEE Category
Code: P11 - Human services
If you are a representative of The Wellik Foundation C/O Arizona Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.