The Tunnel to Towers Foundation is a nonprofit organization that aims to support the families of fallen first responders and military members. The Foundation was established in honor of Stephen Siller, a New York City firefighter who lost his life on September 11, 2001, while trying to save others in the World Trade Center.
One of the most important aspects of any nonprofit organization is how much of their donations go directly towards their mission. The Tunnel to Towers Foundation has a program service ratio of over 93%, which means that over 93 cents out of every dollar donated goes directly to their programs and services. This is an impressive percentage and reflects the Foundation’s commitment to ensuring that their donors’ contributions make a real impact.
In addition to their strong program service ratio, the Tunnel to Towers Foundation has also earned a Four-Star rating from Charity Navigator, the country’s largest independent charity evaluator. This rating is based on a number of factors, including the organization’s financial health, accountability, and transparency. A Four-Star rating is the highest possible rating that a nonprofit can receive from Charity Navigator and inicates that the Tunnel to Towers Foundation is operating at the highest level of efficiency and effectiveness.
It’s worth noting that the Tunnel to Towers Foundation has faced some criticism in the past for their executive compensation. In the 2021 fiscal year, the Foundation’s CEO received a salary of $1.25 million and a bonus of $5.8 million. However, it’s important to keep in mind that the Foundation’s program service ratio is still over 93%, which suggests that even with this compensation, the vast majority of donations are going towards the organization’s mission.
The Tunnel to Towers Foundation has a strong rating and is a reputable nonprofit organization that is making a real difference in the lives of families who have lost loved ones in service to their country. Donors can give with confidence knowing that their contributions are going towards a worthy cause.
Is Tunnel To Towers A Reputable Charity?
Tunnel to Towers is a reputable charity. According to Charity Navigator, it has received a Four-Star rating, which is the highest possible rating a charity can receive. This rating indicates that Tunnel to Towers has demonstrated strong financial health, accountability, and transparency in its operations. The charity’s score is 98%, which is an impressive score and indicates that it is trustworthy and effective in carrying out its mission. Therefore, if you are considering donating to Tunnel to Towers, you can do so with confidence knowing that your donation will be used effectively to support the charity’s mission.
What Percentage Of Donation Goes To Tunnel To Towers?
According to our financial statements, Tunnel to Towers Foundation allocates over 93% of every dollar donated to program services. This means that the majority of your donation goes directly towards supporting the foundation’s mission and initiatives. The remaining percentage is used for administrative and fundraising purposes to ensure the sustainability and growth of the organization. Thank you for your interest in supporting Tunnel to Towers Foundation.
How Much Money Does The CEO Of T2t Make?
According to available information from reliable sources, it has been reported that the CEO of t2t makes a total compensation of $20,667,544 for the fiscal year 2021. This compensation includes a salary of $1,250,000, a bonus of $5,799,474, stock awards valued at $12,864,768, and other forms of compensation totaling $51,651. It is important to note that this information is based on proxy statements filed for the 2021 fiscal year.
What Charity Gives The Most To Their Cause?
According to available information, Feeding America’s Hungry Children, Caring Voice Coalition, Foster Care to Success, and Good360 are some of the charities that give the most to their cause. Specifically, Feeding America’s Hungry Children allocates 99.10% of their funds directly to their cause, while Caring Voice Coalition and Foster Care to Success both allocate 99.00%. Similarly, Good360 allocates 99.00% of their funds to their cause. These organizations are known for their commitment to transparency and efficiency in their operations. It is important to note that thee may be other charities that also prioritize the allocation of their funds to their cause, and individuals should conduct their own research to determine which charities align with their values and goals.
How Much Money Does Tunnels To Towers Make?
According to the tax filings by year, Tunnels to Towers has reported a total revenue of $23,900,635. The organization’s total functional expenses amount to $21,836,884. Out of the total revenue, contributions account for $18,451,805, which is approximately 77.2% of the total revenue. Program services account for $4,812,712, which is around 20.1% of the total revenue. The organization also earns a minimal amount of investment income, which is $20,595.
How Efficient Is T2t?
T2T’s efficiency can be measured through its program service ratio, which is a key indicator of the organization’s operating effectiveness. Over the past few years, T2T has maintained an average program service percentage of 93%. This means that out of every dollar received by T2T, 93 cents go directly towars funding its programs and services. Such a high program service ratio reflects T2T’s commitment towards maximizing the impact of every donation it receives. By ensuring that a majority of its resources are directed towards its programs and services, T2T can efficiently and effectively achieve its mission of supporting military families and veterans in need.
How Many Homes Has Tunnel To Towers Built?
According to the information available, the Tunnel to Towers Foundation has delivered 135 mortgage-free homes throughout the United States so far this year. These homes have been provided to deserving individuals and families as part of the Foundation’s Season of Hope, which is the culmination of the organization’s 20th anniversary events. It is worth noting that the Foundation has been active for two decades and has likely delivered many more homes over the course of its existence.
Conclusion
Tunnel to Towers Foundation is an outstanding charity organization that deserves recognition for its exceptional work in supporting fallen first responders and their families. With a program service ratio of over 93%, it is evident that the majority of funds donated go directly to program services, ensuring that the charity’s mission of providing mortgage-free homes to families of fallen first responders is achieved. The Foundation’s commitment to transparency in disclosing its financial information is commendable, and it gies donors confidence that their contributions are being put to good use. With a Four-Star rating and a track record of delivering 135 mortgage-free homes this year alone, it is clear that Tunnel to Towers Foundation is making a significant impact in the lives of its beneficiaries. The Season of Hope marks the Foundation’s 20th anniversary, and it is an excellent opportunity for donors to support this worthy cause. Tunnel to Towers Foundation is an excellent charity that is worthy of support from anyone who values the sacrifices of first responders and their families.
