Overview
What is The Frances And Henry Riecken Foundation Inc?
The Frances and Henry Riecken Foundation Inc, based in Washington D.C., is a small yet impactful nonprofit organization. Their primary mission is to uplift underprivileged communities in Honduras and Guatemala by promoting democracy and prosperity. They accomplish this through the establishment of community libraries, known as Riecken Libraries. These libraries serve as a bridge, connecting individuals in these communities to one another and the world at large. The libraries offer books, programs, and when feasible, access to technology, fostering a spirit of discovery and encouraging citizen participation. The foundation's objective is to prepare a new generation of local leaders and broaden the minds and imaginations of these communities, providing them with opportunities that were previously inaccessible.
Official website here: www.riecken.org
What are the reviews and ratings of this charity?
85% - Three-Star out of Four Star rating.
The Frances And Henry Riecken Foundation Inc has received a score of 85% from Charity Navigator, indicating a solid level of accountability and financial health. The organization boasts an excellent record of independent board membership and sound financial management, with no material diversion of assets recorded. However, it lacks some critical policies such as a whistleblower policy and document retention guidelines, which may impact its overall governance practices.
User feedback highlights the positive impact of the Riecken Community Libraries in underserved areas of Honduras and Guatemala. Reviewers commend the foundation for its efficient use of resources to provide access to information and educational opportunities, showcasing sustainable community partnerships. The libraries serve as vital community hubs, fostering cultural preservation and youth engagement through various programs.
While the organization generally receives high praise, some limitations regarding internet access and the need for improved infrastructure in certain libraries have been noted. Nonetheless, the overwhelming sentiment from users emphasizes the foundation's effectiveness in uplifting communities and providing essential resources that enrich the lives of local residents.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Frances And Henry Riecken Foundation Inc legitimate?
The Frances And Henry Riecken Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Frances And Henry Riecken Foundation Inc 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: $91,553
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,010
For more financial information, click here
Official website here: www.riecken.org
What is the mission statement of The Frances And Henry Riecken Foundation Inc?
The Frances and Henry Riecken Foundation aims to provide Central Americans with hope and the opportunity to overcome poverty by promoting democracy and prosperity. They accomplish this through community libraries that stimulate a spirit of discovery and encourage citizen participation. These libraries offer books, programs tailored to the needs of the communities they serve, and access to technology whenever possible. Riecken Libraries connect people in Honduras and Guatemala, fostering a sense of community and preparing a new generation of local leaders. By opening minds and imaginations, these libraries provide these underprivileged communities with access to a world of possibilities that were previously inaccessible to them.
Official website here: www.riecken.org
Who is the CEO of The Frances And Henry Riecken Foundation Inc?
William Cartwright is the Director of The Frances And Henry Riecken Foundation Inc. The CEO's salary of The Frances And Henry Riecken Foundation Inc is $58,000 and their total compensation is $91,553.
Official website here: www.riecken.org
What is the revenue of The Frances And Henry Riecken Foundation Inc?
The Frances And Henry Riecken Foundation Inc's revenue in 2022 was $806,255.
Official website here: www.riecken.org
Who are the executives of The Frances And Henry Riecken Foundation Inc and what are their salaries?
The average compensation at The Frances And Henry Riecken Foundation Inc during 2022 was $251,563. There is 1 employee and 8 volunteers at The Frances And Henry Riecken Foundation Inc.
Here are 9 key members and their salaries (The Frances And Henry Riecken Foundation Inc's CEO's salary is $58,000 and their total compensation is $91,553):
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- Compensation: $58,000
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- Other: $33,553
Official website here: www.riecken.org
Where can I find the form 990 for The Frances And Henry Riecken Foundation Inc?
The Frances And Henry Riecken Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riecken.org
Learn more at the official website: www.riecken.org
Mission Statement of The Frances And Henry Riecken Foundation Inc
The Frances and Henry Riecken Foundation Inc, a nonprofit organization, offers hope and opportunities for Central Americans to overcome poverty. They achieve this by promoting democracy and prosperity through community libraries. These libraries serve as a catalyst, sparking a spirit of discovery and fostering citizen participation among the local population. By providing books, programs tailored to the community's needs, and access to technology when feasible, the Riecken Libraries connect people in Honduras and Guatemala, bridging gaps and fostering a sense of unity. These libraries also play a significant role in preparing a new generation of local leadership. By opening minds and imaginations to a world of possibilities, the Riecken Foundation helps underprivileged communities in Central America access opportunities that were previously inaccessible to them.
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Impact
July, 2024
The Frances and Henry Riecken Foundation Inc offers Central Americans hope and the opportunity to overcome poverty by promoting democracy and prosperity through community libraries that spark a spirit of discovery and foster citizen participation. Their Riecken libraries connect people in Honduras and Guatemala to each other and to the world, helping prepare a generation of local leadership and opening minds and imaginations to a world of possibilities otherwise inaccessible to these underserved communities.
This information is meant to be a general summary of The Frances And Henry Riecken Foundation Inc. 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: $452
- Gross Receipts: $938,195
Assets and Liabilities:
- Total Assets: $364,574
- Total Liabilities: $53,762
- Net Assets: $310,812
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Organization Details
Founding Year
2000
Phone
(202) 425-6227Principal Officer
William Cartwright
Main Address
4100 CATHEDRAL AVE NW 802, WASHINGTON, DC, 20016
Website
www.riecken.orgNTEE Category
Code: B70 - Education
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