Overview
What is Fund For Boston Neighborhoods Inc?
Fund for Boston Neighborhoods Inc, a nonprofit based in Boston, Massachusetts, is dedicated to enriching the civic life of the city. They accomplish this mission by collaborating with the Mayor's Office of Tourism, Sports, and Entertainment to cultivate the artistic community, encourage public engagement in the arts, and boost cultural tourism in Boston. During the holiday season, the organization contributes to community festivities by hosting events with Mayor Wu, Santa, and his elves, distributing toys to 2,500 children and lighting the Christmas tree. This nonprofit organization aims to enhance the overall experience and enjoyment of residents and visitors in the city of Boston.
Official website here: www.cityofboston.gov
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
Fund For Boston Neighborhoods Inc has achieved a 76% overall score, which indicates a solid level of accountability and finance management. The charity boasts a perfect score in areas such as having a fully independent board and a favorable liabilities to assets ratio, highlighting its financial stability and governance structure.
However, there are notable gaps in its accountability practices, as the organization lacks several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing elements may pose risks to transparency and governance, which could be a concern for potential donors.
Despite these limitations, the charity demonstrates a strong commitment to its programs, with 100% of its expenses directed towards its mission-related activities. Overall, while there are areas for improvement, the Fund For Boston Neighborhoods Inc maintains a reliable focus on accountability and effective use of resources, making it a commendable option for those looking to support community-focused initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Fund For Boston Neighborhoods Inc legitimate?
Fund For Boston Neighborhoods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For Boston Neighborhoods 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cityofboston.gov
What is the mission statement of Fund For Boston Neighborhoods Inc?
The Fund for Boston Neighborhoods Inc, as committed to supporting civic life, utilizes public programming to benefit both residents and visitors in the city. They collaborate with the Mayor's Office of Tourism, Sports, and Entertainment to foster the growth of the cultural community, promote public participation in the arts and celebrations, and advance cultural tourism in Boston.
Official website here: www.cityofboston.gov
What is the revenue of Fund For Boston Neighborhoods Inc?
Fund For Boston Neighborhoods Inc's revenue in 2024 was $1,145,114.
Official website here: www.cityofboston.gov
Who are the executives of Fund For Boston Neighborhoods Inc and what are their salaries?
There 7 volunteers at Fund For Boston Neighborhoods Inc.
Here are 7 key members and their salaries:
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Official website here: www.cityofboston.gov
Where can I find the form 990 for Fund For Boston Neighborhoods Inc?
Fund For Boston Neighborhoods Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cityofboston.gov
Learn more at the official website: www.cityofboston.gov
Mission Statement of Fund For Boston Neighborhoods Inc
The Fund for Boston Neighborhoods Inc, a dedicated organization, is committed to enriching the civic life in the City of Boston. Their mission is to foster growth in the cultural community by collaborating with the Mayor's Office of Tourism, Sports, and Entertainment. They aim to promote public engagement in the arts and encourage participation in public celebrations, thereby advancing cultural tourism in Boston. By doing so, they contribute to the enjoyment and benefit of both residents and visitors in the city.
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Impact
August, 2024
The Fund For Boston Neighborhoods Inc, through its public programming initiatives, plays a vital role in supporting civic life in the City of Boston. Partnering with the Mayor's Office of Tourism, Sports, and Entertainment, the organization fosters the growth of the cultural community, promotes public participation in the arts and public celebrations, and advances cultural tourism in Boston. An example of their impactful work is during the holidays, where the Mayor travels to each neighborhood in the city alongside Santa and his elves, lighting Christmas trees and distributing toys to 2,500 children along the route. Through such initiatives, Fund For Boston Neighborhoods Inc significantly enhances the civic engagement and cultural wellbeing of residents and visitors in Boston.
This information is meant to be a general summary of Fund For Boston Neighborhoods 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 2024.
- Investment Income: $3,114
- Gross Receipts: $1,145,114
Assets and Liabilities:
- Total Assets: $794,418
- Total Liabilities: $0
- Net Assets: $794,418
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Organization Details
Founding Year
1968
Principal Officer
Segun Idowu
Website
www.cityofboston.govNTEE Category
Code: P20Z - Human services
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