Overview
What is The Mark Wahlberg Youth Foundation Inc?
The Mark Wahlberg Youth Foundation Inc, established in 2004, is a nonprofit organization based in Needham, Massachusetts. With a focus on aiding underprivileged youth, it provides grants to various organizations. One such organization is Camp Northbound, a one-week recreational summer camp in Bridgestone, Maine, catering to 150 youth annually from Boston. The foundation also supports Moving Mountains, an entity that utilizes art education to empower young individuals to make wise decisions and overcome adversity. Besides these efforts, The Mark Wahlberg Youth Foundation Inc hosts an annual holiday party and gift giveaway for more than 250 underserved youth, demonstrating its commitment to uplifting youth in need.
Official website here: www.mw-yf.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Mark Wahlberg Youth Foundation Inc has demonstrated a strong commitment to accountability and financial integrity, as reflected in its impressive 96% score from Charity Navigator. This rating indicates that the organization effectively manages its financial resources, ensuring a high program expense ratio of 86.84%, which suggests that a significant portion of its funds is allocated toward its mission-driven activities.
The foundation is governed by a predominantly independent board, with 80% of its members being independent, which enhances its governance structure. The organization has established comprehensive policies, including conflict of interest, whistleblower, and document retention policies, all of which contribute to its transparency and operational efficiency.
While the organization has received high marks across various financial and governance metrics, there are no noted limitations or concerns in the data provided. The foundation's robust accountability measures and strong financial practices position it as a reliable entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Mark Wahlberg Youth Foundation Inc?
96% of 39 reviewers on Facebook recommend The Mark Wahlberg Youth Foundation Inc. Here is a summary of their reviews:
The majority of respondents express positive sentiments toward the foundation, emphasizing its commitment to supporting youth in need. Many highlight the impactful programs and initiatives offered, stating that the foundation makes a significant difference in the lives of young people, fostering education and personal growth.
However, there is one negative comment from a user experiencing health challenges who did not find the intended benefit from the foundation's activities. While this individual did not recommend the organization, their input seems to be in the minority compared to the overall supportive tone from others. Overall, the foundation appears to be well-regarded for its efforts and dedication to helping the youth community.
This AI summary has been generated from reviews found on Facebook.
Is The Mark Wahlberg Youth Foundation Inc legitimate?
The Mark Wahlberg Youth Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mark Wahlberg Youth 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,000
For more financial information, click here
Official website here: www.mw-yf.org
What is the mission statement of The Mark Wahlberg Youth Foundation Inc?
The Mark Wahlberg Youth Foundation's mission is centered around assisting underprivileged youth. Their objective is to ensure that no child's aspirations or dreams are hindered due to financial constraints. Since its inception in 2004, the foundation has been providing grants to organizations that run summer camps, such as Camp Northbound, offering a week of recreational activities for 150 youth from Boston each year. Moreover, the foundation engages alumni campers, employing them as junior counselors during the week. The Mark Wahlberg Youth Foundation also supports Moving Mountains, an organization that utilizes art education to empower young people to make informed decisions and overcome obstacles. Furthermore, the foundation hosts an annual holiday party and gift giveaway for over 250 underserved youth.
Official website here: www.mw-yf.org
What is the revenue of The Mark Wahlberg Youth Foundation Inc?
The Mark Wahlberg Youth Foundation Inc's revenue in 2023 was $2,796,417.
Official website here: www.mw-yf.org
Who are the executives of The Mark Wahlberg Youth Foundation Inc and what are their salaries?
The average compensation at The Mark Wahlberg Youth Foundation Inc during 2023 was $67,500. There are 2 employees and 20 volunteers at The Mark Wahlberg Youth Foundation Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $75,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mw-yf.org
Where can I find the form 990 for The Mark Wahlberg Youth Foundation Inc?
The Mark Wahlberg Youth Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mw-yf.org
Learn more at the official website: www.mw-yf.org
Mission Statement of The Mark Wahlberg Youth Foundation Inc
The Mark Wahlberg Youth Foundation Inc is committed to supporting underprivileged and financially disadvantaged youth. Their mission is to ensure that no child's potential is hindered or obstructed from achieving their lifetime aspirations due to financial constraints. The foundation achieves this by providing assistance to organizations that run programs, such as recreational summer camps. One such example is Camp Northbound, a one-week summer camp in Bridgestone, Maine. This camp, supported by the foundation, serves 150 youth annually from Boston, and even engages alumni campers as junior counselors for the week.
In addition to summer camp programs, The Mark Wahlberg Youth Foundation Inc also supports organizations like Moving Mountains. This organization utilizes art education to empower young people, helping them make wise decisions and overcome adversity. Furthermore, the foundation hosts an annual holiday party and gift giveaway, extending cheer and presents to over 250 underserved youth. Through these initiatives, The Mark Wahlberg Youth Foundation Inc is making a significant impact in the lives of disadvantaged youth, enabling them to pursue their dreams and overcome financial constraints.
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
The Mark Wahlberg Youth Foundation Inc's impact can be seen through its youth support and summer camp programs. Since 2004, the foundation has provided grants to organizations that run camps like "Camp Northbound," a one-week recreational summer camp in Bridgestone, ME. This camp serves 150 youth from Boston each year and also engages alumni campers by hiring them as junior counselors for the week. Additionally, the foundation grants support to Moving Mountains, an organization using art education to empower young people to make wise choices and overcome adversity. The Mark Wahlberg Youth Foundation also hosts an annual holiday party and gift giveaway for over 250 underserved youth. Through these initiatives, the foundation is making a significant difference in the lives of underprivileged youth, ensuring they are not limited by financial circumstances in achieving their goals and dreams.
This information is meant to be a general summary of The Mark Wahlberg Youth 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 2023.
- Investment Income: $49,528
- Gross Receipts: $2,796,417
Assets and Liabilities:
- Total Assets: $1,939,783
- Total Liabilities: $112,889
- Net Assets: $1,826,894
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2001
Principal Officer
Mark Wahlberg
Website
www.mw-yf.orgNTEE Category
Code: P30 - Human services
If you are a representative of The Mark Wahlberg Youth Foundation Inc 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.