Is Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation Legit?
Quick charity verification for Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation (EIN: 133544702)
Verdict: Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation appears trustworthy
90/100Mission Score
$6.1MRevenue
$24.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $4,081,822 in 2012 to $22,006,963 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
Expenses consistently well below revenue, allowing for endowment growth (e.g., 2023 revenue $2,605,605 vs. expenses $1,337,505).
Minimal to no liabilities reported in most filing periods, indicating strong financial stability.
Strong program spending focus, typical for a private foundation distributing grants.
Spending Breakdown
How Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation
Is Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation (EIN: 133544702) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation a good charity to donate to?
Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation has a Mission Score of 90/100. Revenue: $6.1M. Assets: $24.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation?
The Employer Identification Number (EIN) for Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation is 133544702. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation spend its money?
Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation's tax-exempt status?
You can verify Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation's tax-exempt status using EIN 133544702 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation demonstrates strong financial health, consistently maintaining substantial assets relative to its annual expenses. For instance, in 2023, with expenses of $1,337,505, the foundation held assets of $22,006,963, indicating a robust endowment model. The organization's spending efficiency appears high, as evidenced by its consistent pattern of expenses being significantly lower than its revenue, allowing for asset growth. For example, in 2023, revenue was $2,605,605 against expenses of $1,337,505. Transparency is generally good, with consistent IRS 990 filings showing no officer compensation, which is a positive indicator for a foundation of this type. The lack of liabilities across most filing periods also points to sound financial management.