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
Lack of readily available public website or detailed program information beyond financial filings.
Consistent reporting of $0 for executive compensation without clear explanation of how leadership is supported or compensated indirectly.
Absence of a formal process for determining executive compensation, raising questions about governance best practices.
Strengths
Significant asset base of $57,387,952 (2023) provides substantial capacity for future charitable activities.
Consistently low administrative and fundraising expenses, indicating a high percentage of spending directed towards programs.
History of substantial contributions and grants, demonstrating active philanthropic engagement.
Spending Breakdown
How Sumner M Redstone Charitable Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
3%
Admin Costs
Reasonable — admin costs in check
2%
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 Sumner M Redstone Charitable Foundation
Is Sumner M Redstone Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sumner M Redstone Charitable Foundation (EIN: 222761621) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Sumner M Redstone Charitable Foundation a good charity to donate to?
Sumner M Redstone Charitable Foundation has a Mission Score of 65/100. Revenue: $14.5M. Assets: $57.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sumner M Redstone Charitable Foundation?
The Employer Identification Number (EIN) for Sumner M Redstone Charitable Foundation is 222761621. 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 Sumner M Redstone Charitable Foundation spend its money?
Sumner M Redstone Charitable Foundation allocates 95% to programs, 3% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sumner M Redstone Charitable Foundation's tax-exempt status?
You can verify Sumner M Redstone Charitable Foundation's tax-exempt status using EIN 222761621 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
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.