Is Sumner M Redstone Charitable Foundation Legit?

Quick charity verification for Sumner M Redstone Charitable Foundation (EIN: 222761621)

Verdict: Sumner M Redstone Charitable Foundation shows mixed signals

65/100Mission Score
$14.5MRevenue
$57.4MAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Sumner M Redstone Charitable Foundation is a unknown nonprofit based in Chestnut Hill, Massachusetts, with reported revenue of $14.5M and assets of $57.4M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 95% of spending goes to programs, 3% to administration, and 2% to fundraising. - The foundation's filings consistently show 'Compensation of officers, directors, trustees, key employees, etc.' as $0, indicating no direct compensation for leadership. - The organization reports 'no' for having a process to determine compensation for its highest compensated employees, if any, and 'no' for having an independent review and approval process for compensation. - The foundation's website, if any, is not readily available or linked in public filings, hindering direct access to detai Executive compensation is reported as $0 across all available filings, suggesting either a volunteer-led board or compensation handled by an external entity, which warrants further investigation for full transparency. Revenue has declined -95% across 10 filing periods.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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