Overview
What is Smart & Final Charitable Foundation?
Smart & Final Charitable Foundation is a nonprofit organization, headquartered in Commerce, California (CA 90040), that distributes grants to various community organizations. Their primary mission is to support entities dedicated to general charitable causes, encompassing initiatives such as food banks, youth sports, programs for at-risk youth, health and nutrition programs, educational institutions, community development activities, emergency and disaster relief, and other organizations exempt from federal income tax under Section 501(C)(3) of the Internal Revenue Code. The foundation's contributions aim to better the lives of individuals and communities by funding a diverse range of charitable projects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Smart & Final Charitable Foundation has received a rating of 79%, which indicates a solid level of accountability and financial health. The rating is primarily based on the organization's performance in the Accountability & Finance category, reflecting a commitment to responsible stewardship of resources. This score suggests that the foundation is effectively managing its funds and is transparent about its financial practices.
Strengths of the organization include a perfect score in various areas such as financial statements audit and oversight, material diversion of assets, and comprehensive conflict of interest and whistleblower policies. Additionally, the foundation maintains a strong program expense ratio of 82.11%, indicating that the majority of its expenditures are directed toward its charitable programs rather than administrative costs.
While the overall rating reflects a robust performance, it is important to note that it is based solely on the Accountability & Finance score. There may be other areas of the organization's operations that are not fully represented in this rating, which can limit a complete understanding of the foundation's overall effectiveness and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Smart & Final Charitable Foundation legitimate?
Smart & Final Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smart & Final Charitable 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:
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Other Salaries and Wages: $102,000
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What is the mission statement of Smart & Final Charitable Foundation?
The Smart & Final Charitable Foundation's mission is centered around providing financial assistance to organizations that focus on various community charitable purposes. Specifically, they grant funds to entities such as food banks, youth sports organizations, programs for at-risk youth, health and nutrition programs, educational institutions, community development activities, emergency and disaster relief, and other organizations that fall under the tax-exempt category of 501(c)(3) under the Internal Revenue Code. The goal is to support these organizations in their efforts to improve and uplift their respective communities.
Who is the CEO of Smart & Final Charitable Foundation?
Eugene Smith is the President & Chairman of Smart & Final Charitable Foundation.
What is the revenue of Smart & Final Charitable Foundation?
Smart & Final Charitable Foundation's revenue in 2022 was $1,316,079.
Who are the executives of Smart & Final Charitable Foundation and what are their salaries?
There 10 volunteers at Smart & Final Charitable Foundation.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Smart & Final Charitable Foundation?
Smart & Final Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Smart & Final Charitable Foundation
Smart & Final Charitable Foundation is committed to providing financial assistance to organizations that are dedicated to serving the community's charitable needs. This nonprofit organization's mission is to offer grants to various tax-exempt organizations under Section 501(C)(3) of the Internal Revenue Code. These eligible organizations include food banks, youth sports organizations, programs for at-risk youth, health and nutrition programs, educational institutions, community development initiatives, emergency and disaster relief organizations, and numerous others. By providing grants to these organizations, Smart & Final Charitable Foundation aims to contribute to the betterment of the community, addressing a wide range of societal needs and fostering growth and development in various sectors.
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Impact
July, 2024
The Smart & Final Charitable Foundation's impact lies in providing grants to a variety of community organizations dedicated to general charitable purposes. These grants support a wide range of initiatives such as food banks, youth sports organizations, programs for at-risk youth, health and nutrition programs, educational institutions, community development activities, emergency and disaster relief efforts, and other tax-exempt organizations under section 501(c)(3) of the Internal Revenue Code. Through these contributions, the foundation plays a crucial role in bolstering public safety and enhancing the well-being of communities.
This information is meant to be a general summary of Smart & Final Charitable 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: $10,679
- Gross Receipts: $1,655,070
Assets and Liabilities:
- Total Assets: $1,938,770
- Total Liabilities: $24,340
- Net Assets: $1,914,430
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Organization Details
Founding Year
2001
Phone
(323) 869-7506Principal Officer
Eugene Smith
Main Address
600 CITADEL DRIVE, COMMERCE, CA, 90040
NTEE Category
Code: M20 - Public safety
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