Overview
What is The Orrick Herrington & Sutcliffe Foundation?
The Orrick Herrington & Sutcliffe Foundation is a nonprofit organization, headquartered in Wheeling, West Virginia, with the address 2121 MAIN STREET. Its primary mission is to offer a diverse array of charitable and educational programs, benefiting individuals, non-profit organizations, governmental entities, and the general public. Established to consolidate the charitable giving activities of Orrick, Herrington & Sutcliffe LLP's partners and employees, the foundation aims to encourage further charitable donations and enable recipients to recognize collective contributions from the organization. The foundation's activities are anticipated to mainly focus on communities where Orrick, Herrington & Sutcliffe LLP has offices.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
The Orrick Herrington & Sutcliffe Foundation has received a low score of 52%, indicating significant areas for improvement in its accountability and financial practices. The foundation lacks independent board members, scoring 0% in both the majority independent board members and independent board size categories, which raises concerns about governance. Additionally, key financial statements are not available, further contributing to the low accountability score.
Despite these shortcomings, the foundation does maintain a strong program expense ratio of 100%, suggesting that all of its financial resources are directed toward its programs rather than administrative costs. Furthermore, it has a solid liabilities to assets ratio of 0.00%, indicating no debt, which can be a positive sign of financial health in some respects. However, the absence of essential policies, including conflict of interest and whistleblower policies, could expose the organization to risks.
Overall, while the foundation demonstrates a commitment to channeling funds into its programs, the lack of transparency and governance structures significantly impacts its rating and public trust. It is crucial for the organization to address these gaps to improve its accountability and enhance its reputation within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Orrick Herrington & Sutcliffe Foundation legitimate?
The Orrick Herrington & Sutcliffe Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Orrick Herrington & Sutcliffe 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 The Orrick Herrington & Sutcliffe Foundation?
The Orrick Herrington & Sutcliffe Foundation's mission is centered around administering a diverse array of charitable and educational programs. These initiatives are intended for various beneficiaries, including individuals, non-profit organizations, governmental entities, and the general public. The primary focus of these programs is expected to be within the communities where Orrick, Herrington & Sutcliffe LLP has offices. By consolidating the charitable giving activities of the foundation's partners and employees, the foundation aims to encourage further charitable contributions and allow recipients to recognize collective support from Orrick's team.
Who is the CEO of The Orrick Herrington & Sutcliffe Foundation?
Mitch Zuklie is the Ceo - Director of The Orrick Herrington & Sutcliffe Foundation. The CEO's salary of The Orrick Herrington & Sutcliffe Foundation is $0 and their total compensation is $0.
What is the revenue of The Orrick Herrington & Sutcliffe Foundation?
The Orrick Herrington & Sutcliffe Foundation's revenue in 2022 was $1,432,690.
Who are the executives of The Orrick Herrington & Sutcliffe Foundation and what are their salaries?
Here are 7 key members and their salaries (The Orrick Herrington & Sutcliffe Foundation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for The Orrick Herrington & Sutcliffe Foundation?
The Orrick Herrington & Sutcliffe Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Orrick Herrington & Sutcliffe Foundation
The Orrick Herrington & Sutcliffe Foundation is committed to administering a diverse array of charitable and educational programs, extending its reach to individuals, non-profit organizations, governmental entities, and the general public. The primary goal of this foundation is to consolidate the charitable giving activities of Orrick, Herrington & Sutcliffe LLP's partners and employees. By consolidating these efforts, the foundation aims to foster further charitable contributions and enable recipients to recognize the collective contributions from all partners and employees at Orrick. The mission of The Orrick Herrington & Sutcliffe Foundation is to provide a wide range of opportunities for charitable and educational advancements, benefiting various sectors of society.
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Impact
July, 2024
The Orrick Herrington & Sutcliffe Foundation's impact is felt through its administration of a wide variety of charitable and educational programs aimed at benefiting individuals, non-profit organizations, governmental entities, and the general public. These programs are primarily conducted within the communities where Orrick, Herrington & Sutcliffe LLP maintains offices. By consolidating the charitable giving of Orrick's partners and employees into a single foundation, the organization encourages further philanthropy and allows recipients to recognize the collective impact of these gifts. The Foundation's mission is to support and empower communities through its philanthropic efforts.
This information is meant to be a general summary of The Orrick Herrington & Sutcliffe 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.
- Gross Receipts: $1,432,690
Assets and Liabilities:
- Total Assets: $92,155
- Total Liabilities: $0
- Net Assets: $92,155
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Organization Details
Founding Year
1999
Phone
(304) 231-2572Principal Officer
Mitch Zuklie
Main Address
2121 MAIN STREET, WHEELING, WV, 26003
NTEE Category
Code: T30 - Philanthropy
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