Benning Endowment Fund Wfs102560

Charity Navigator Rating: Two Stars (74%)

The Benning Endowment Fund has received a Two-Star out of Four Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score is derived solely from the Accountability & Finance beacon, which emphasizes the importance of these factors in nonprofit operations. Notably, the organization has a sound program expense ratio of 88.94%, signaling that a significant portion of their funds is directed towards their mission-driven activities.

However, the organization faces substantial challenges in governance, as it has no independent board members, which raises concerns about oversight and decision-making. Additionally, the fund's website is not listed on its tax form, and the tax form itself is missing from its website, which can hinder transparency. While the organization does have policies for conflict of interest and whistleblowing, the absence of independent oversight members and accessible documentation presents notable limitations.

In summary, while the Benning Endowment Fund demonstrates financial responsibility through its program expenses, it must improve its governance and transparency practices to enhance its rating and public trust. Addressing these areas could strengthen its overall effectiveness and outreach.

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

Benning Endowment Fund Wfs102560 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benning Endowment Fund Wfs102560 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: $196,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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