Overview
What is Bain Capital Children's Charity Ltd?
Bain Capital Children's Charity Ltd is a nonprofit organization dedicated to enhancing the well-being of children and young adults. In line with Section 501(c)(3) of the Internal Revenue Code, they support various charitable initiatives that cater to this demographic. Their primary method of fundraising is through an annual golf tournament, channeling the collected funds towards the beneficiary organizations. The charity's mission is geared towards uplifting the lives of children and young adults, contributing positively to their overall welfare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Bain Capital Children's Charity Ltd has received a Three-Star rating from Charity Navigator, reflecting a solid score of 86% primarily based on its accountability and finance practices. The organization has demonstrated a high level of governance with an entirely independent board and effective oversight mechanisms in place. The charity excels in financial health, showing a low liabilities to assets ratio and an impressive program expense ratio, indicating that nearly all funds are directed towards its programs.
The charity's accountability measures are robust, with no reported diversions of assets and a documented conflict of interest policy. Additionally, the organization consistently maintains thorough records of board meetings, adding to its transparency. These strengths highlight Bain Capital Children's Charity Ltd's commitment to responsible financial management and ethical governance.
While the rating is favorable, it is essential for donors to consider the overall impact of the charity's programs and initiatives beyond financial metrics. Continuous evaluation of program effectiveness and outreach efforts can provide a more comprehensive understanding of the charity's contributions to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Bain Capital Children's Charity Ltd legitimate?
Bain Capital Children's Charity Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bain Capital Children's Charity Ltd 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 Bain Capital Children's Charity Ltd?
Bain Capital Children's Charity Ltd is an organization dedicated to supporting charities that prioritize the well-being of children and young adults, as per Section 501(c)(3) of the Internal Revenue Code. They engage in fundraising activities, with a notable event being an annual golf tournament, to collect resources for these charities. The primary aim of Bain Capital Children's Charity Ltd is to contribute to the betterment of these vulnerable groups, ensuring their overall welfare.
Who is the CEO of Bain Capital Children's Charity Ltd?
Joshua Bekenstein is the President & Director of Bain Capital Children's Charity Ltd.
What is the revenue of Bain Capital Children's Charity Ltd?
Bain Capital Children's Charity Ltd's revenue in 2022 was $1,580,050.
Who are the executives of Bain Capital Children's Charity Ltd and what are their salaries?
There 33 volunteers at Bain Capital Children's Charity Ltd.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bain Capital Children's Charity Ltd?
Bain Capital Children's Charity Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bain Capital Children's Charity Ltd
Bain Capital Children's Charity Ltd is a nonprofit organization that is committed to uplifting the well-being of children and young adults. As per the guidelines of Section 501(c)(3) of the Internal Revenue Code, this charity supports various charitable organizations that promote the general welfare of this demographic. One of their primary means of contributing to this cause is by organizing a golf tournament. This event serves as a fundraising platform, with the proceeds being allocated to the supported organizations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Bain Capital Children's Charity Ltd has a significant impact on the wellbeing of children and young adults. Through its support of various charitable organizations, the charity works to uplift and improve the lives of those in need. The annual golf tournament organized by Bain Capital Children's Charity Ltd serves as a crucial fundraising event, allowing the organization to provide essential resources and support to its beneficiaries. Overall, the charity's efforts contribute to creating a brighter future for children and young adults in the community.
This information is meant to be a general summary of Bain Capital Children's Charity Ltd. 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.
- Gross Receipts: $2,189,639
Assets and Liabilities:
- Total Assets: $1,615,925
- Total Liabilities: $22,738
- Net Assets: $1,593,187
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1997
Phone
(617) 516-2000Principal Officer
Joshua Bekenstein
Main Address
200 CLARENDON ST, BOSTON, MA, 021165021
NTEE Category
Code: T40 - Philanthropy
If you are a representative of Bain Capital Children's Charity Ltd and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.