Overview
What is Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library?
Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library is a philanthropic organization with a dedicated purpose of supporting the Weston Library's activities. They achieve this goal by making financial contributions to various programs at the library. The organization's primary mission is to bolster the Weston Library's operations, contributing to its overall success and the betterment of the community it serves.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
The Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library has received a One-Star rating from Charity Navigator, indicating significant areas of concern primarily related to accountability and finance. The overall score is derived entirely from the Accountability & Finance metrics, which reflects the charity's performance in managing its resources and adhering to best practices.
A notable strength of the organization is its fully independent board, with 100% independent members, which demonstrates good governance. However, the charity has several shortcomings, such as a lack of essential policies including a conflict of interest policy and a whistleblower policy, which are critical for transparency and ethical management. Additionally, the organization's website does not include links to important documents, which can hinder public trust and accessibility.
Financially, the trust shows a solid liabilities to assets ratio at 0.00%, which suggests strong financial health. However, the program expense ratio of 62.56% indicates that while a substantial portion of expenses is going towards its programs, there is still room for improvement in overall financial efficiency and transparency. Overall, while the trust has positive aspects, its rating highlights several critical areas that need addressing to enhance accountability and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library legitimate?
Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library 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: $11,151
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library?
The Nathalie & Theodore Jones Charitable Trust, functioning under the name Weston Library, is committed to supporting the activities of the library. Its primary objective is to contribute financially to the programs and operations of the Weston Library. By providing financial support, the trust aims to enhance the library's ability to serve its community and further its mission. The trust's contributions help in maintaining the library's programs, ensuring they continue to provide valuable resources and services to the public. The Nathalie & Theodore Jones Charitable Trust's role is crucial in supporting the Weston Library's mission of promoting knowledge, education, and cultural enrichment.
What is the revenue of Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library?
Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library's revenue in 2023 was $42,944.
Who are the executives of Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $8,363
- Related: $0
- Other: $0
- Compensation: $2,788
- Related: $0
- Other: $0
Where can I find the form 990 for Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library?
Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library
The Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library is committed to supporting the activities of the Weston Library. This philanthropic organization's primary mission is to contribute to the programs and initiatives of the library, ensuring its continued operation and growth. By providing financial support, the Trust helps the library in its mission to promote knowledge, learning, and cultural enrichment for the community. The Trust's contributions enable the library to offer a wide range of programs, events, and resources, making it an essential resource for individuals seeking education and entertainment. In essence, the Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library plays a crucial role in fostering intellectual growth and community engagement by supporting the activities of the Weston Library.
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Impact
October, 2024
The Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library plays a significant role in enhancing the services and programs offered by the Weston Library. By providing financial support, the Trust enables the library to implement a variety of community-oriented activities that foster education, cultural enrichment, and public engagement.
Through its contributions, the Trust helps facilitate programs that may include workshops, reading initiatives, and educational events, all aimed at promoting literacy and lifelong learning within the community. The resources provided by the Trust not only enhance the library's offerings but also strengthen its position as a vital hub for knowledge and social interaction in Weston, Massachusetts.
Ultimately, the Trust's commitment ensures that the library can continually adapt to the evolving needs of its patrons, thereby enriching the cultural landscape of the area and making the library a cherished destination for residents of all ages.
This information is meant to be a general summary of Nathalie & Theodore Jones Charitable Trust F/B/O Weston Library. 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: $23,027
- Gross Receipts: $148,948
Assets and Liabilities:
- Total Assets: $562,007
- Total Liabilities: $0
- Net Assets: $562,007
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Organization Details
Founding Year
1996
Principal Officer
Charles F O'Connell
NTEE Category
Code: T11 - Philanthropy
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