The Charles Family Charitable Trust Co Bridges & Dunn-rankin Llp
Nonprofit profile at a glance
- EIN
- 810886436
- IRS 990-PF coverage
- 2015–2022
- Forms available
- Form 990-PF 2022
- Location
- Atlanta, GA, USA
- Phone
- 7705638888
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $14
- Expenses
- $12,210
Source: IRS Form 990-PF. Selected filing: tax year 2022. Amounts in USD.
Overview
Mission
Private Grantmaking Foundations
What it reported funding in 2022
The foundation reported 5 filed grant rows totaling $12,210. The stated grant purposes included to support the bergh ball, which the society uses to fund programs to help animals find peace, protection, and safe and happy homes., to support excellence in education., and mission is to provide resources that support programs aimed at ending veteran homelessness and suicides, while combating the invisible wounds of war such as post traumatic stress disorder (ptsd), plus 2 other reported purposes.
Operating model
- Revenue model
- Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
The verdict
STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.
Rating breakdown
- Grant Deployment: 100
- Cost Efficiency: 100
- Transparency: 100
- Compliance: 100
- Endowment Health: 7
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 100%; rating input score 100; 69th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 100%; rating input score 100; 97th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Pass
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Individual grants for travel, study or similar purposes: Pass
- Grants outside qualifying charitable organization categories: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 8; rating input score 100
Endowment Health
- Endowment-health comparison: 0; rating input score 7; 7th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: At least 100% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Consistency: 8 of 8 current checks pass
- Filing history: 7 filing years from 2015 to 2022
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Endowment Health: Endowment-health comparison scored 7/100.