Overview
What is Ince Foundation Inc?
Ince Foundation Inc, situated in Cambridge, Massachusetts, is a renowned nonprofit organization known for funding awards and medals in the field of acoustics and noise control. During the year 2022, they honored several students with awards such as the Ince/USA Student Paper Awards, Classic Paper Awards, Leo Beranek Medals, Laymon N. Miller Excellence Award, Martin Hischorn/IAC Best Paper Award, and four travel awards. The foundation also grants the Ince-USA Scholarship annually. In addition to these awards, Ince Foundation Inc co-sponsors workshops and symposia, fostering continued research and development in the realm of acoustics and noise control.
Official website here: www.incefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Ince Foundation Inc has received a 76% rating from Charity Navigator, indicating a moderate level of accountability and finance management. The rating reflects a strong emphasis on financial stability, with a notable program expense ratio of 90.99%, demonstrating effective allocation of resources towards its mission. The organization boasts a fully independent board, which is an encouraging sign of governance quality.
Strengths highlighted in the evaluation include a complete independent board membership and no material diversion of assets, both of which contribute positively to the trustworthiness of the organization. Furthermore, the foundation has its tax form properly listed on its website, enhancing transparency with stakeholders.
However, there are some areas for improvement, particularly in governance policies. The Ince Foundation is noted to be missing critical policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy. Addressing these limitations could help enhance the charity's overall accountability and solidify its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Ince Foundation Inc legitimate?
Ince Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ince 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.incefoundation.org
What is the mission statement of Ince Foundation Inc?
The Ince Foundation Inc primarily focuses on funding awards for outstanding student papers and projects in the field of noise control. This is done following a review and recommendation process by Ince/USA. The foundation also co-sponsors workshops and symposia as a follow-up to a 2010 report titled "Technology for a Quieter America" by the National Academy of Engineering. During the 2022 cycle, several awards, including the Ince/USA Student Paper and Classic Paper Awards, Leo Beranek Medals, Laymon N. Miller Excellence in Acoustical Consulting Award, Martin Hischorn/IAC Best Paper Award, and Hallberg Foundation and Michiko So Finegold Travel Awards to the Noise-CON 2022 conference, were funded and awarded. The Ince-USA Scholarship was also given out in 2022, with funding for the following year arranged.
Official website here: www.incefoundation.org
Who is the CEO of Ince Foundation Inc?
Eric W Wood is the President of Ince Foundation Inc.
Official website here: www.incefoundation.org
What is the revenue of Ince Foundation Inc?
Ince Foundation Inc's revenue in 2022 was $47,986.
Official website here: www.incefoundation.org
Who are the executives of Ince Foundation Inc and what are their salaries?
There 20 volunteers at Ince Foundation Inc.
Here are 9 key members and their salaries:
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Official website here: www.incefoundation.org
Where can I find the form 990 for Ince Foundation Inc?
Ince Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.incefoundation.org
Learn more at the official website: www.incefoundation.org
Mission Statement of Ince Foundation Inc
The Ince Foundation Inc, a notable entity, is committed to funding awards for exceptional student papers and projects. This is done following a thorough review and recommendation process by Ince/USA. The foundation also co-sponsors workshops and symposia as a follow-up to the 2010 National Academy of Engineering report titled "Technology for a Quieter America."
In more specific terms, the Ince Foundation Inc awards a variety of honors during a given year. For instance, it funds the Ince/USA Student Paper and Classic Paper Awards and presents them during the Noise-CON 2022 conference to deserving students. Additionally, the foundation awards the Leo Beranek Medals for Excellence in Noise Control Studies, the Laymon N. Miller Excellence in Acoustical Consulting Award, and the Martin Hischorn/IAC Best Paper Award. Furthermore, the Ince Foundation Inc finances multiple Hallberg Foundation and Michiko So Finegold Travel Awards to attend the Noise-CON 2022 conference. Lastly, the Ince-USA Scholarship is awarded and funded in subsequent years.
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Impact
August, 2024
The Ince Foundation Inc's impact is centered around funding awards and medals that recognize excellence in noise control studies and acoustical consulting. In 2022, they sponsored various prestigious awards such as the Ince/USA Student Paper and Leo Beranek Medals, among others. These awards support and encourage students in the field, promoting advancements in noise control technology. The foundation's support extends to facilitating workshops and symposia as a follow-up to the "Technology for a Quieter America" report, highlighting their commitment to fostering innovation and excellence in the realm of noise control.
This information is meant to be a general summary of Ince 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: $29,160
- Gross Receipts: $47,986
Assets and Liabilities:
- Total Assets: $641,452
- Total Liabilities: $0
- Net Assets: $641,452
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Organization Details
Founding Year
1993
Phone
(781) 690-0751Principal Officer
Eric W Wood
Main Address
33 MOULTON STREET, CAMBRIDGE, MA, 02138
Website
www.incefoundation.orgNTEE Category
Code: T00Z - Philanthropy
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