Overview
What is Demeter Holdings Corporation?
Demeter Holdings Corporation is a financial investment entity situated in Boston, Massachusetts. Its primary purpose is to manage funds for the benefit of a related 501(C)(3) organization, specifically the President and Fellows of Harvard College. This nonprofit organization receives the investments made by Demeter Holdings Corporation, leveraging the funds to support its charitable activities. The exact nature of these activities is not specified in the provided data, but it is implied that they contribute to the wider mission of the President and Fellows of Harvard College.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Demeter Holdings Corporation has earned a solid Three-Star rating from Charity Navigator, indicating a strong performance in various accountability and financial metrics. The organization scored 79% overall, showcasing a commitment to transparency and responsible financial management. With an impressive program expense ratio of 100%, it demonstrates that all its financial resources are directed towards its mission-related activities.
The organization's financial statements are audited, receiving full marks in this area, which adds to its credibility. Additionally, it has policies in place for conflict of interest, whistleblower protection, and document retention, all of which are essential for maintaining ethical operations. The absence of material diversion of assets further highlights its integrity in handling funds.
While the organization shows robust financial health, with a liabilities-to-assets ratio of 0.00%, stakeholders might look for more detailed narratives on its impact and outreach efforts. Overall, Demeter Holdings Corporation appears to be a reliable nonprofit with a strong focus on mission fulfillment and governance policies.
This AI summary has been generated from information found on Charity Navigator.
Is Demeter Holdings Corporation legitimate?
Demeter Holdings Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Demeter Holdings Corporation 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
What is the mission statement of Demeter Holdings Corporation?
Demeter Holdings Corporation's mission is centered around investing funds for the benefit of the President and Fellows of Harvard College, a related 501(c)(3) supported organization. This investment strategy aims to contribute to the well-being of this organization, which is dedicated to educational and charitable purposes. Demeter Holdings Corporation's role is crucial in supporting the financial needs of this organization, thereby contributing to its ongoing activities and initiatives. The corporation's mission can be seen as an instrumental part in furthering the mission of the Harvard College, thereby contributing to its broader societal impact.
Who is the CEO of Demeter Holdings Corporation?
Unavailable
What is the revenue of Demeter Holdings Corporation?
Demeter Holdings Corporation's revenue in 2022 was -$2,616,127.
Who are the executives of Demeter Holdings Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $2,452,214
- Other: $44,560
- Compensation: $0
- Related: $8,749,717
- Other: $1,728,098
- Compensation: $0
- Related: $5,521,785
- Other: $63,765
Where can I find the form 990 for Demeter Holdings Corporation?
Demeter Holdings Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Demeter Holdings Corporation
Demeter Holdings Corporation, a corporation, is dedicated to investing funds for the benefit of the President and Fellows of Harvard College, a related 501(c)(3) supported organization. The mission of Demeter Holdings Corporation is to channel its resources towards supporting the objectives and goals of Harvard College, with the ultimate aim of contributing positively to the institution and its community. By investing funds, Demeter Holdings Corporation plays a crucial role in providing financial support for Harvard College, enabling it to continue its mission of providing education and fostering intellectual growth. The corporation's investments contribute to the preservation and enhancement of Harvard College's academic programs, infrastructure, and overall well-being.
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Impact
October, 2024
Demeter Holdings Corporation plays a significant role in enhancing educational opportunities and resources through its strategic investments aimed at supporting the President and Fellows of Harvard College, a related 501(c)(3) organization. By directing funds into this prestigious institution, Demeter Holdings contributes to the sustainability and growth of Harvard's academic initiatives and programs. Its impact is felt in the advancement of research, scholarships, faculty support, and infrastructure improvements, ultimately fostering an environment conducive to learning and innovation. Additionally, the organization supports Harvard's mission to educate leaders and promote the liberal arts and sciences, reinforcing the university’s commitment to academic excellence in Boston and beyond.
This information is meant to be a general summary of Demeter Holdings Corporation. 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: -$2,616,127
- Gross Receipts: $8,769,412
Assets and Liabilities:
- Total Assets: $151,928,852
- Total Liabilities: $0
- Net Assets: $151,928,852
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Organization Details
Founding Year
1988
Phone
(617) 720-6682Main Address
600 ATLANTIC AVENUE C/O HMC INC, BOSTON, MA, 022102203
NTEE Category
Code: B110 - Education
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