Overview
What is Windermere Foundation?
The Windermere Foundation is a compassionate nonprofit organization based in Seattle, Washington. Its primary mission is to offer financial aid to low-income families in critical situations, such as medical emergencies or utility bills. The foundation accomplishes this through donations to various non-profit agencies. These organizations utilize the funds to provide essential services like emergency and transitional housing, healthcare, employment counseling, and scholarships. The Windermere Foundation's generosity is fueled by the commissions earned by Windermere real estate agents, as well as contributions from Windermere employees and the public. In recent years, the foundation has distributed over $2 million annually to support homeless and low-income families.
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
The Windermere Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The foundation's score is derived solely from its accountability and finance metrics, indicating a strong commitment to transparency and responsible management of resources.
Strengths of the organization include a fully independent board and effective management of assets, with no reported material diversion of assets. The foundation excels in its program expense ratio, demonstrating that a significant portion of its funds directly supports its programs. Additionally, it has a commendable fundraising efficiency and a healthy working capital ratio, suggesting financial stability and capacity for future initiatives.
However, while the foundation performs well in the examined areas, the overall score indicates that there may be room for improvement in other categories not captured in the current rating. Continued focus on enhancing overall operational effectiveness could further strengthen the foundation's standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Windermere Foundation legitimate?
Windermere Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Windermere 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
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What is the mission statement of Windermere Foundation?
The Windermere Foundation, established in 1989, focuses on supporting low-income and homeless families. Their mission is achieved through providing financial assistance for children's programs, emergency or short-term shelter or assistance, school assistance, and scholarships. This charitable organization operates on a unique model, where a portion of each home sale commission made by Windermere sales associates is contributed to the foundation. This collective donation, alongside contributions from Windermere employees and the public, has enabled the Windermere Foundation to distribute over $2 million annually in recent years to non-profit agencies dedicated to helping homeless and low-income families.
Who is the CEO of Windermere Foundation?
Christine Wood is the Executive Director of Windermere Foundation.
What is the revenue of Windermere Foundation?
Windermere Foundation's revenue in 2022 was $3,665,059.
Who are the executives of Windermere Foundation and what are their salaries?
There 300 volunteers at Windermere Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Windermere Foundation?
Windermere Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Windermere Foundation
The Windermere Foundation, established in 1989, is a charitable organization that prioritizes supporting low-income and homeless families. Its mission encompasses providing financial aid for children's programs, emergency or short-term shelter or assistance, school assistance, and scholarships. The foundation's support is instrumental in uplifting families in need, enhancing their lives and fostering their children's growth.
The Windermere Foundation operates on a unique model. Every time a Windermere real estate agent sells a property, a portion of their commission is contributed to the foundation. This collective effort, which also includes donations from Windermere employees and the public, has enabled the Windermere Foundation to distribute substantial annual funds to non-profit agencies dedicated to aiding homeless and low-income families. In recent years, these contributions have surpassed the two million dollar mark, making a significant impact in the lives of countless families.
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Impact
July, 2024
The Windermere Foundation has a significant impact on low-income and homeless families by providing financial assistance for children's programs, emergency shelter or short-term assistance, school support, and scholarships. Through its emergency family assistance program, the foundation offers crucial support to low-income families facing emergency situations such as medical needs and utility expenses. Nonprofit agencies receiving funding from the Windermere Foundation provide essential services like emergency and transitional housing, subsidized healthcare, employment counseling, daycare, scholarships, and more. By partnering with Windermere sales associates, employees, and the public, the foundation has been able to distribute over $2 million annually to organizations dedicated to assisting homeless and low-income families.
This information is meant to be a general summary of Windermere 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 2022.
- Investment Income: $57,292
- Gross Receipts: $4,385,330
Assets and Liabilities:
- Total Assets: $4,064,670
- Total Liabilities: $0
- Net Assets: $4,064,670
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Organization Details
Founding Year
1989
Phone
(206) 527-3801Principal Officer
Christine Wood
Main Address
1151 FAIRVIEW AVE N STE 105, SEATTLE, WA, 98109
NTEE Category
Code: P120 - Human services
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