Overview
What is Peter M Goodrich Memorial Foundation?
The Peter M Goodrich Memorial Foundation, situated in Bennington, VT, is a charitable organization dedicated to fostering an appreciation for learning as an end in itself. It encourages and supports individuals with natural curiosity and imagination, often overlooked, in their quest for truth beyond conventional beliefs. The foundation's mission involves aiding those who bravely delve into these complex and often challenging areas, and helping discover paths to a deeper understanding of our world and its people. Their programs are designed to uphold these objectives.
Official website here: www.goodrichfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Peter M Goodrich Memorial Foundation has received a low rating of 53%, indicating concerns about its accountability and financial practices. The charity scored particularly poorly in governance, with no independent board members and missing essential policies such as conflict of interest, whistleblower, and document retention policies. This lack of oversight raises questions about the organization's transparency and governance structure.
Despite these weaknesses, the foundation demonstrates a strong commitment to its programs, as evidenced by a high program expense ratio of 94.13%. This suggests that the majority of its funds are directed toward its mission rather than administrative costs. Additionally, the organization reports no material diversion of assets, indicating financial integrity in its operations.
However, the absence of publicly posted tax documents and meeting minutes is concerning. These factors contribute to the overall low rating, highlighting the need for improvement in governance practices to enhance accountability and trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Peter M Goodrich Memorial Foundation legitimate?
Peter M Goodrich Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peter M Goodrich Memorial 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.goodrichfoundation.org
What is the mission statement of Peter M Goodrich Memorial Foundation?
The Peter M. Goodrich Memorial Foundation's mission is centered around fostering the love of learning for its inherent value, particularly among individuals who are naturally curious and imaginative, yet may not have traditionally been supported in their educational pursuits. The foundation encourages the exploration of "thin places," or boundaries between widely held beliefs and uncovered truths, providing aid to selfless individuals who venture towards these complex topics. The ultimate goal is to assist in the discovery of peaceful paths through these complexities, leading to a deeper comprehension of our natural world and its inhabitants.
Official website here: www.goodrichfoundation.org
Who is the CEO of Peter M Goodrich Memorial Foundation?
Donald Goodrich is the Trustee of Peter M Goodrich Memorial Foundation.
Official website here: www.goodrichfoundation.org
What is the revenue of Peter M Goodrich Memorial Foundation?
Peter M Goodrich Memorial Foundation's revenue in 2022 was $66,860.
Official website here: www.goodrichfoundation.org
Who are the executives of Peter M Goodrich Memorial Foundation and what are their salaries?
There 4 volunteers at Peter M Goodrich Memorial Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.goodrichfoundation.org
Where can I find the form 990 for Peter M Goodrich Memorial Foundation?
Peter M Goodrich Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodrichfoundation.org
Learn more at the official website: www.goodrichfoundation.org
Mission Statement of Peter M Goodrich Memorial Foundation
The Peter M. Goodrich Memorial Foundation is dedicated to fostering a love for learning in individuals who are naturally curious and imaginative, often overlooked or not traditionally suited for it. Recognizing the value of these dreamers, the foundation encourages their pursuit of discovering the subtle differences between what is commonly believed to be true and the actual truth. It offers aid to those who selflessly venture towards these challenging territories, seeking to find peaceful ways to navigate through them and gain a deeper comprehension of the natural world and its inhabitants.
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Impact
August, 2024
The Peter M Goodrich Memorial Foundation has a significant impact on supporting the love of learning for its own sake, particularly by individuals who are naturally curious, imaginative, and dreamers like Peter but may not be well-suited for traditional education. The foundation's focus on encouraging the exploration of "thin places" that challenge conventional beliefs and promote deeper understanding of the natural world and its people has a profound effect on those who partake in their programs. By providing aid to those who bravely navigate these challenging spaces and facilitating peaceful journeys to clearer insights, the foundation plays a vital role in fostering a deeper appreciation for knowledge and understanding.
This information is meant to be a general summary of Peter M Goodrich Memorial 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.
- Investment Income: $6,771
- Gross Receipts: $77,763
Assets and Liabilities:
- Total Assets: $50,756
- Total Liabilities: $0
- Net Assets: $50,756
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Organization Details
Founding Year
2002
Phone
(802) 733-5136Principal Officer
Donald Goodrich
Main Address
1869 South Stream Road, Bennington, VT, 05201
Website
www.goodrichfoundation.orgNTEE Category
Code: Z99 - Unknown
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