Overview
What is The Fuller Foundation?
The Fuller Foundation is a charitable organization located in Pasadena, California, with an address at 135 N Oakland Avenue, 91182. Its primary mission is to support and carry out the charitable purposes of Christian-based and other charitable organizations. This is accomplished through the administration and management of Fuller Theological Seminary's fundraising, alumni relations, and certain endowment funds. The Foundation also manages charitable trusts, funds, donor-advised funds, and gift annuity accounts. The Foundation's activities include making grants and gifts primarily to U.S.-based IRS-determined 501(C)(3) charities, as well as select grants to foreign organizations with exclusively charitable purposes. The Fuller Foundation achieves its goals by providing stewardship, gift and estate planning, charitable giving, and investment management services.
Official website here: www.thefullerfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 87% - Three-Star out of Four Stars ating
The Fuller Foundation has received a Three-Star rating from Charity Navigator, primarily based on its strong accountability and finance practices. With an accountability score of 87%, the organization demonstrates a commitment to transparency and responsible financial management. Key strengths include an independent board that is fully comprised of members with no conflicts of interest and a robust audit and oversight committee.
The foundation excels in program expense efficiency, allocating over 92% of its funds directly to programs, which indicates a focus on maximizing the impact of donations. Additionally, its fundraising efficiency is commendable, costing only $0.03 to generate each dollar in revenue. The foundation also shows significant liquidity, with a working capital ratio of 4.62 years, suggesting it has ample resources to sustain its operations over the long term.
However, there are some limitations noted in the financial ratios, particularly in the liabilities to assets ratio, which stands at 64.04%. While its salary structure for key personnel reflects competitive compensation, this may raise questions for some donors regarding the balance between administrative costs and program funding. Overall, the organization appears to maintain a solid financial footing while being transparent and accountable to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Fuller Foundation legitimate?
The Fuller Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fuller 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: $1,514,631
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,386,458
For more financial information, click here
Official website here: www.thefullerfoundation.org
What is the mission statement of The Fuller Foundation?
The Fuller Foundation supports Fuller Theological Seminary and its constituents by offering fundraising, gift and estate planning services, charitable trust administration, and management of designated funds. The foundation fulfills its charitable purposes through the administration and management of the seminary's fundraising and alumni relations activities, as well as managing certain endowment funds. In addition, the foundation manages charitable trusts, charitable funds, donor-advised funds, and gift annuity type accounts. The foundation makes grants and gifts primarily to U.S.-based IRS-determined 501(c)(3) charities, with some select grants going to foreign organizations with exclusively charitable purposes. Other activities include providing trust fiduciary services to other charitable organizations with a Christian mission.
Official website here: www.thefullerfoundation.org
What is the revenue of The Fuller Foundation?
The Fuller Foundation's revenue in 2023 was $13,696,831.
Official website here: www.thefullerfoundation.org
Who are the executives of The Fuller Foundation and what are their salaries?
The average compensation at The Fuller Foundation during 2023 was $90,659. There are 32 employees and 11 volunteers at The Fuller Foundation.
Here are 24 key members and their salaries:
- Compensation: $11,292
- Related: $214,551
- Other: $66,633
- Compensation: $85,362
- Related: $128,043
- Other: $52,936
- Compensation: $213,278
- Related: $0
- Other: $28,715
- Compensation: $72,385
- Related: $134,429
- Other: $29,170
- Compensation: $179,794
- Related: $0
- Other: $37,877
- Compensation: $174,555
- Related: $0
- Other: $38,322
- Compensation: $175,000
- Related: $0
- Other: $30,419
- Compensation: $174,611
- Related: $0
- Other: $29,551
- Compensation: $139,990
- Related: $0
- Other: $31,023
- Compensation: $103,958
- Related: $11,551
- Other: $44,245
- Compensation: $90,145
- Related: $30,048
- Other: $35,994
- Compensation: $105,144
- Related: $0
- Other: $48,167
- Compensation: $76,110
- Related: $0
- Other: $28,612
- 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: $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
Official website here: www.thefullerfoundation.org
Where can I find the form 990 for The Fuller Foundation?
The Fuller Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thefullerfoundation.org
Learn more at the official website: www.thefullerfoundation.org
Mission Statement of The Fuller Foundation
The Fuller Foundation, a charitable organization, supports Fuller Theological Seminary and its community by offering various services. These services include stewardship, gift and estate planning, charitable giving, and investment management. The Foundation carries out these purposes by managing the Seminary's endowment and providing development and alumni relations services. Additionally, it administers charitable trusts, charitable funds, donor-advised funds, and gift annuity type accounts.
By serving Fuller Theological Seminary and its constituents, The Fuller Foundation helps further the charitable goals of Christian-based and other charitable organizations. The Foundation fulfills its mission through the administration and management of the Seminary's fundraising activities and the management of certain endowment funds designated to support it. The Foundation also supports a broad base of charitable organizations, primarily in the United States, with grants and gifts, many of which originate from donor-advised funds. Selected grants and gifts are made to foreign organizations determined to be organized for exclusively charitable purposes. Furthermore, the Foundation provides trust fiduciary services to other charitable organizations with a Christian mission.
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Impact
October, 2024
The Fuller Foundation significantly enhances the capacity of Fuller Theological Seminary and its affiliated constituents through strategic stewardship and investment management services. By effectively managing the seminary’s endowment and facilitating development and alumni relations, it ensures sustained financial health and growth for the institution.
The Foundation’s commitment goes beyond mere financial oversight; it actively engages in gift and estate planning, enabling donors to maximize their philanthropic impact. Through the administration of charitable trusts, donor-advised funds, and various planned giving options, the Foundation empowers supporters to contribute meaningfully to both the seminary and a wider array of Christian and charitable organizations.
Additionally, the Foundation plays a pivotal role in grant-making, supporting numerous U.S.-based IRS-designated 501(c)(3) charities, along with select international organizations dedicated to charitable purposes. Its efforts in providing fiduciary services for other charitable groups with a Christian mission further extend its influence and commitment to philanthropy. Overall, The Fuller Foundation strengthens the financial framework of Fuller Theological Seminary while amplifying the broader charitable ecosystem it supports.
This information is meant to be a general summary of The Fuller 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: $556,062
- Program Service Revenue: $4,949,581
- Gross Receipts: $34,858,379
Assets and Liabilities:
- Total Assets: $203,579,115
- Total Liabilities: $129,393,174
- Net Assets: $74,185,941
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COST RECOVERY ASSESSMENTS
Revenue
$4,948,681
PRI INTEREST INCOME
Revenue
$900
Organization Details
Founding Year
1987
Principal Officer
Robert Ceremsak
Website
www.thefullerfoundation.orgNTEE Category
Code: T11 - Philanthropy
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