Chartway Promise Foundation
Chartway Promise Foundation
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About this organization
Mission
Our mission as Chartway Federal Credit Union's charitable arm, Chartway Promise strengthens the communities we serve by partnering with companion charities, sponsors, and contributors to provide the financial support needed to make dreams and wishes come to life for children facing medical challenges. The foundation was originally launched as the We Promise Foundation in 2005 based on the enduring success of Chartway's charitable events. In 2022, the foundation's name was changed to Chartway Promise Foundation to better align with the Chartway brand. Since 1999, Chartway and Chartway Promise Foundation have raised over $13 million to help thousands of children through our partnerships.
About
The We Promise Foundation provides grants to three chapters of the Make-A-Wish Foundation, Roc Solid Foundation, Toby's Dream, Fact, CHKD, Equi-Kids, St. Mary's Home and other children's programs that support the foundation's mission.
Interesting data from their 2019 990 filing
From their filing, the objective of the non-profit is stated as “We promise to provide life-changing experiences that bring joy, hope and smiles to children facing medical hardship or illness.”.
When talking about its functions, they were outlined as: “To provide grant awards to charitable children's organizations that share our commitment to making dreams come true for children struggling with life-threatening illnesses or severe hardship.”.
- The legally reported state of operation for the non-profit is VA.
- The non-profit organization as of 2019 has a total of 0 employees reported on their form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is -$27,791.
- The CEO's compensation within the organization is not based on a review and approval by an independent party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 9 independent voting members.
- The organization was formed in 2005.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $55,182 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization has grants to organizations.