Overview
What is Carmel Ideas Foundation?
The Carmel Ideas Foundation is a nonprofit organization situated in Pebble Beach, California. Its primary objective is to promote literacy, instill hope, and foster the exchange of innovative thoughts among the residents of Monterey County and beyond. This is achieved through annual events like the Pebble Beach Authors & Ideas Festival, which features renowned authors, thinkers, musicians, and innovators, offering a blend of presentations in various formats. The Festival also provides scholarships for educators and engages students in the speaker introductions. The Student Ideas Festival precedes the main event, inspiring middle and high school students with insightful ideas from distinguished minds. Furthermore, Festival Schools takes speakers to schools throughout the county during the academic year, giving students an opportunity to learn from these influential figures. The foundation's mission extends to providing additional educational opportunities for underprivileged students in Monterey County.
Official website here: www.pbaif.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Carmel Ideas Foundation holds a Three-Star rating from Charity Navigator, reflecting a score of 76%. This score is derived exclusively from the Accountability & Finance beacon, which emphasizes the organization's commitment to financial integrity and governance. The foundation has demonstrated solid performance in several areas, including a 100% independent board, no material diversion of assets, and a high program expense ratio of 86.36%, showing that a significant portion of its resources is directed toward its mission.
Despite these strengths, there are notable areas for improvement. The foundation lacks key policies, including a conflict of interest policy and a whistleblower policy, both of which are essential for robust governance and accountability. Furthermore, the absence of a document retention and destruction policy could pose risks in maintaining transparency and compliance with regulations.
Overall, while the Carmel Ideas Foundation showcases strong financial management and governance through its independent board and low liabilities, the missing policies indicate a need for enhancements in its operational transparency. Addressing these gaps could further bolster its credibility and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Carmel Ideas Foundation legitimate?
Carmel Ideas Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carmel Ideas Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.pbaif.com
What is the mission statement of Carmel Ideas Foundation?
The Carmel Ideas Foundation's mission is centered around enhancing literacy, fostering optimism, and stimulating the creation and dissemination of innovative ideas for a broader community. It seeks to extend these opportunities to underprivileged students in Monterey County. The organization annually hosts the Pebble Beach Authors & Ideas Festival, inviting renowned authors, thinkers, and innovators for a three-day event filled with presentations and discussions. Scholarships are granted to educators, and students participate in the event by introducing speakers. Prior to the Festival, the Student Ideas Festival inspires middle and high school students with insightful speakers. Throughout the academic year, Festival Schools takes speakers to various schools in the county to address student assemblies, promoting intellectual engagement for all ages.
Official website here: www.pbaif.com
Who is the CEO of Carmel Ideas Foundation?
Unavailable
Official website here: www.pbaif.com
What is the revenue of Carmel Ideas Foundation?
Carmel Ideas Foundation's revenue in 2022 was $457,150.
Official website here: www.pbaif.com
Who are the executives of Carmel Ideas Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.pbaif.com
Where can I find the form 990 for Carmel Ideas Foundation?
Carmel Ideas Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pbaif.com
Learn more at the official website: www.pbaif.com
Mission Statement of Carmel Ideas Foundation
The Carmel Ideas Foundation is an organization dedicated to enhancing literacy, fostering optimism, and promoting the cultivation and dissemination of remarkable ideas among the residents of Monterey County and beyond. Its primary objective is to extend educational prospects to the underprivileged students of Monterey County. The foundation carries out this mission through various initiatives.
One of its significant endeavors is the annual Pebble Beach Authors & Ideas Festival, previously known as the Carmel Authors and Ideas Festival. Held towards the end of September each year, this three-day event attracts over twenty renowned authors, thinkers, innovators, and musicians. Presentations are held in a range of venues, including a large theater and smaller breakout groups, offering an intellectually stimulating environment for attendees of all ages to learn, engage, and generate new ideas.
In addition to the annual festival, the Carmel Ideas Foundation extends its reach to students through the Student Ideas Festival. This event allows middle and high school students to be inspired by leading minds, laying the groundwork for a future in literature and ideas. Furthermore, the organization's Festival 2 Schools program brings speakers to schools throughout Monterey County during the academic year, engaging students in assemblies and discussions.
In summary, the Carmel Ideas Foundation is committed to improving literacy, inspiring hope, and encouraging the exchange of great ideas among its community members and the underprivileged students of Monterey County. It achieves this through its annual festival, student events, and Festival 2 Schools program, providing a platform for learning, discussion, and idea generation.
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Impact
July, 2024
Carmel Ideas Foundation's impact stems from its dedication to improving literacy, inspiring hope, and fostering the exchange of great ideas. Through initiatives like the Pebble Beach Authors & Ideas Festival, scholarships for educators, and outreach programs like Festival 2 Schools, the organization creates intellectually stimulating environments for people of all ages to learn, discuss, and innovate. By honoring a literary past and nurturing a literary future, Carmel Ideas Foundation plays a vital role in enriching the educational and cultural landscape of Monterey County and beyond.
This information is meant to be a general summary of Carmel Ideas Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $62,450
- Gross Receipts: $457,150
Assets and Liabilities:
- Total Assets: $137,896
- Total Liabilities: $23,085
- Net Assets: $114,811
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AUTHORS & IDEAS FESTIVAL
Revenue
$62,450
Organization Details
Founding Year
2007
Phone
(831) 626-6243Main Address
PO Box 509, Pebble Beach, CA, 93953
Website
www.pbaif.comNTEE Category
Code: A60 - Arts
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