Overview
What is Massachusetts Bar Foundation Inc?
Massachusetts Bar Foundation Inc is a nonprofit organization dedicated to improving the delivery of civil legal services, law-related education, and the administration of justice in Massachusetts. By collecting and distributing funds, they support programs that cater to low-income individuals, further judicial education, and enhance the overall justice system. Their initiatives include the Smith Fund grants, MLGBA Gray Scholarship, and Gants Fund grants, aiming to make legal services more accessible and promote a better understanding of the law within the community.
Official website here: www.massbarfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Massachusetts Bar Foundation Inc demonstrates exceptional accountability and financial management, achieving a perfect score of 100% from Charity Navigator. This rating signifies a strong commitment to transparency and responsible governance, highlighted by the foundation's entirely independent board, comprehensive audit practices, and effective oversight of financial statements. The organization maintains a low liabilities-to-assets ratio, indicating sound financial health.
Strengths of the Massachusetts Bar Foundation include its high program expense ratio, which at 88.34% reflects a strong emphasis on utilizing funds for programmatic purposes rather than administrative costs. The foundation also adheres to best practices by implementing policies for conflict of interest, whistleblower protection, and document retention, further enhancing its credibility and trustworthiness.
While the available data does not indicate any major limitations, the foundation's focus on accountability may not provide insights into its long-term impact or the breadth of its programs. Overall, the Massachusetts Bar Foundation Inc stands out as a well-managed nonprofit with a robust structure and a dedication to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Massachusetts Bar Foundation Inc legitimate?
Massachusetts Bar Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Bar 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: $159,465
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,916
For more financial information, click here
Official website here: www.massbarfoundation.org
What is the mission statement of Massachusetts Bar Foundation Inc?
The Massachusetts Bar Foundation's mission is centered around collecting and distributing funds to various programs in Massachusetts. These programs aim to enhance the delivery of civil legal services to low-income individuals, advance law-related and judicial education, and improve the administration of justice. Additionally, the organization works on increasing public awareness of the law. Their activities include providing financial aid through grants such as the Smith Fund, MLGBA Gray Scholarship, and Gants Fund.
Official website here: www.massbarfoundation.org
Who is the CEO of Massachusetts Bar Foundation Inc?
Angela C Mcconney Esq is the Past President of Massachusetts Bar Foundation Inc.
Official website here: www.massbarfoundation.org
What is the revenue of Massachusetts Bar Foundation Inc?
Massachusetts Bar Foundation Inc's revenue in 2022 was $4,148,301.
Official website here: www.massbarfoundation.org
Who are the executives of Massachusetts Bar Foundation Inc and what are their salaries?
There 100 volunteers at Massachusetts Bar Foundation Inc.
Here are 24 key members and their salaries:
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- Related: $128,478
- Other: $30,987
Official website here: www.massbarfoundation.org
Where can I find the form 990 for Massachusetts Bar Foundation Inc?
Massachusetts Bar Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.massbarfoundation.org
Learn more at the official website: www.massbarfoundation.org
Mission Statement of Massachusetts Bar Foundation Inc
The Massachusetts Bar Foundation, an esteemed organization, was established with a mission to gather and distribute funds to various programs across Massachusetts. Its primary objective is to enhance the provision of civil legal services to individuals with limited income, advance law-related and judicial education, and improve the administration of justice. Furthermore, the foundation aims to raise public awareness of the law. To accomplish these goals, the Massachusetts Bar Foundation supports a range of programs, such as Smith Fund grants, MLGBA Gray Scholarships, and Gants Fund grants. These initiatives contribute to the organization's overarching mission of making a significant impact on the legal landscape and advocating for those in need.
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Impact
July, 2024
The Massachusetts Bar Foundation Inc has a significant impact on the legal landscape in Massachusetts. By collecting and distributing funds to programs that enhance the delivery of civil legal services to low-income individuals, advance law-related and judicial education, and improve the administration of justice, the foundation plays a crucial role in promoting access to justice for all residents of the state. Through initiatives like the Smith Fund grants and MLGBA Gray Scholarship, as well as support from the Gants Fund grants, the foundation empowers individuals and organizations working towards a fairer and more equitable legal system. Its mission to improve public awareness of the law and support those in need underscores its commitment to serving the community.
This information is meant to be a general summary of Massachusetts Bar 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: $111,191
- Gross Receipts: $6,314,559
Assets and Liabilities:
- Total Assets: $9,089,779
- Total Liabilities: $1,357,849
- Net Assets: $7,731,930
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Organization Details
Founding Year
1964
Phone
(617) 338-0500Principal Officer
Angela C Mcconney Esq
Main Address
20 WEST STREET, BOSTON, MA, 021111204
Website
www.massbarfoundation.orgNTEE Category
Code: I030 - Crime
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