Quick charity verification for Steve Tisch Family Foundation (EIN: 134037377)
Verdict: Steve Tisch Family Foundation appears trustworthy
98/100Mission Score
$15.4MRevenue
$227.7MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary, though 0% officer comp suggests efficiency.
Strengths
Exceptional asset growth from $1.16M in 2011 to $225.48M in 2023.
Consistent reporting of 0% officer compensation, indicating high efficiency and dedication to mission.
Revenue consistently exceeds expenses, allowing for significant reinvestment and asset accumulation.
Minimal liabilities reported across all filing periods, demonstrating strong financial stability.
Spending Breakdown
How Steve Tisch Family 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 Steve Tisch Family Foundation
Is Steve Tisch Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Steve Tisch Family Foundation (EIN: 134037377) appears trustworthy. Mission Score: 98/100. 1 red flag identified, 4 strengths noted.
Is Steve Tisch Family Foundation a good charity to donate to?
Steve Tisch Family Foundation has a Mission Score of 98/100. Revenue: $15.4M. Assets: $227.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Steve Tisch Family Foundation?
The Employer Identification Number (EIN) for Steve Tisch Family Foundation is 134037377. 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 Steve Tisch Family Foundation spend its money?
Steve Tisch Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Steve Tisch Family Foundation's tax-exempt status?
You can verify Steve Tisch Family Foundation's tax-exempt status using EIN 134037377 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 Steve Tisch Family Foundation demonstrates strong financial health and a clear commitment to its programmatic mission. Over the past decade, the foundation has seen substantial growth in its assets, from $1.16 million in 2011 to over $225 million in 2023, indicating robust financial management and investment strategies. The foundation consistently reports zero officer compensation, which is a significant indicator of efficiency and a focus on directing funds towards its charitable purpose rather than administrative overhead. While specific spending breakdowns for programs, administration, and fundraising are not detailed in the provided summary, the consistent growth in assets and the absence of executive compensation suggest a lean operational model.
The foundation's revenue has fluctuated significantly year-to-year, which is common for foundations relying on investment returns or large donations, but its expenses have generally remained well below its revenue, allowing for substantial asset accumulation. For instance, in 2023, revenue was $72.1 million against expenses of $20.8 million. The minimal liabilities reported across most years further underscore its strong financial position. The lack of officer compensation also points to a high degree of transparency regarding how funds are utilized, as a major potential area of concern for nonprofits is absent here.