Is Alice Shaver Foundation Legit?

The Alice Shaver Foundation demonstrates consistent financial stability with a substantial asset base, currently at $14,863,173. Over the past decade, its assets have remained remarkably stable, fluctuating minimally around the $14 million mark, indicating prudent long-term financial management. The organization's revenue streams have also been relatively consistent, generally ranging between $800,000 and $1.1 million annually, with the latest reported revenue at $2,625,322, suggesting a recent positive surge. Spending efficiency appears strong, as evidenced by the consistent reporting of 0% officer compensation across all available filings, which is a significant indicator of resources being directed towards the mission rather than executive salaries. While detailed program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation suggests a lean operational structure. The foundation consistently reports minimal liabilities, often just $1, further underscoring its robust financial health and low financial risk. In terms of transparency, the organization has a solid filing history with 10 filings available, demonstrating a commitment to public disclosure. The consistent reporting of key financial metrics over a long period allows for a clear understanding of its financial trends. The stability of its assets and the absence of officer compensation are positive indicators for donors seeking an organization with a strong focus on its charitable purpose.