Financials & Accountability
United Way of Greater Toledo has been evaluated and met all 20 BBB Standards for Charity Accountability. United Way of Greater Toledo has maintained its status as a BBB Accredited Charity since 1998.
The BBB "Wise Giving Alliance Standards" for Charity Accountability were developed to assist donors in making sound giving decisions and to foster public confidence in charitable organizations. The standards seek to encourage fair and honest solicitation practices to promote ethical conduct by charitable organizations and to advance support of philanthropy.
BBB awards the BBB Accredited Charity status based on accountability, governance and oversight, measurements of effectiveness and transparency.
Worldwide Membership Requirements
United Way of Greater Toledo has completed all 2015 reporting requirements for United Way Worldwide, and has been granted membership in their international organization. Categories reviewed included fiscal responsibility, governance, campaign policies and success and community investments. To view a complete list of the Worldwide requirements, visit their page here.
The United Way system has developed comprehensive requirements for completion of audited financial statements. They are intended to create a uniform set of standards for all United Ways to follow in preparing audited financial statements to ensure consistency and transparency on the part of each United Way. The requirements are based on current best practices in our industry as well as generally accepted accounting principles and requirements of the Financial Accounting Standards Board. The United Way system has also developed requirements for completion of the IRS Form 990 that clarify various areas of ambiguity and establish a single United Way standard for the 990 where the IRS allows for several different approaches.
*All other documents listed below.
- CEO and COO Financial Statement Certification
- IRS Form 990
- General Audit
- United Way of Greater Toledo Code of Regulations