Significant financial capacity for long-term programmatic impact due to substantial assets.
Apparent commitment to program spending, typical for a grant-making foundation.
Spending Breakdown
How William T Grant Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 William T Grant Foundation Inc
Is William T Grant Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, William T Grant Foundation Inc (EIN: 131624021) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is William T Grant Foundation Inc a good charity to donate to?
William T Grant Foundation Inc has a Mission Score of 90/100. Revenue: $49.1M. Assets: $420.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for William T Grant Foundation Inc?
The Employer Identification Number (EIN) for William T Grant Foundation Inc is 131624021. 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 William T Grant Foundation Inc spend its money?
William T Grant Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify William T Grant Foundation Inc's tax-exempt status?
You can verify William T Grant Foundation Inc's tax-exempt status using EIN 131624021 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 William T Grant Foundation Inc demonstrates a consistent commitment to its programmatic mission, as evidenced by its financial filings. While the organization's revenue fluctuates significantly year-to-year, for example, from $64,033,690 in 2021 to $19,885,448 in 2023, its expenses have remained relatively stable, hovering around $20-23 million annually in recent years. This suggests a disciplined approach to spending, regardless of market performance affecting revenue. The foundation's substantial asset base, reaching $403,141,185 in 2023, indicates strong financial stability and capacity for long-term grantmaking.
The foundation's spending efficiency appears robust, with a significant portion of its expenditures likely directed towards its core program services, typical for a grant-making foundation. The consistent reporting of 0% for officer compensation across all available filings is a notable indicator of transparency and potentially efficient use of funds, as it suggests that executive salaries are either not reported in this category or are exceptionally low, which is unusual for an organization of this size. Further detail on functional expenses would provide a more precise breakdown of program versus administrative costs.
Overall, the William T Grant Foundation Inc appears to be a financially healthy and well-managed organization. Its substantial assets provide a strong endowment for future operations, and its consistent expense levels suggest predictable operational costs. The lack of reported officer compensation in the provided data is a positive sign for transparency, though a full functional expense breakdown would offer even greater clarity on spending efficiency.