Overview
What is The Gruver Fund?
The Gruver Fund is a nonprofit organization, based in Lynnfield, Massachusetts, that primarily funds projects aimed at supporting the Double H Hole in the Woods Ranch located in Lake Luzerne, New York. This ranch provides a retreat for children with serious illnesses and their families, offering a much-needed respite and therapeutic experiences. Beyond this specific support, The Gruver Fund also contributes to charitable, educational, religious, scientific, and literary causes. This multifaceted nonprofit seeks to make a positive impact in various sectors, helping to uplift and support communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 23%
The Gruver Fund has received a low score of 23%, resulting in a Zero-Star out of Four Star rating. This rating reflects serious concerns in accountability and financial practices, highlighting issues with transparency and governance. While the organization has a fully independent board, it fails to meet key criteria such as having an adequate number of independent board members and essential policies for conflict of interest and whistleblower protections.
The financial health of The Gruver Fund appears to be problematic, with a notably poor liabilities to assets ratio and program expense ratio, indicating inefficiencies in resource allocation. Additionally, the charity has not provided critical documents on its website, which diminishes its accountability to donors and stakeholders.
Despite having some positive aspects, such as maintaining board meeting minutes and no reported material diversion of assets, the overall performance raises significant questions regarding the organization’s operational integrity. Prospective donors should exercise caution and seek further clarification on these issues before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is The Gruver Fund legitimate?
The Gruver Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gruver Fund 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
What is the mission statement of The Gruver Fund?
The Gruver Fund's mission is centered around providing support for charitable, educational, religious, scientific, and literary purposes. Specifically, a significant portion of its efforts is dedicated to backing the Double "H" Hole in the Woods Ranch located in Lake Luzerne, New York. The fund also extends its aid to various other purposes that align with its stated mission. It accomplishes this through the provision of grants.
Who is the CEO of The Gruver Fund?
Steven Robb is the Trustee of The Gruver Fund.
What is the revenue of The Gruver Fund?
The Gruver Fund's revenue in 2022 was $28.
Who are the executives of The Gruver Fund and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Gruver Fund?
The Gruver Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Gruver Fund
The Gruver Fund, as a philanthropic organization, is committed to supporting various charitable, educational, religious, scientific, and literary purposes. However, its primary focus lies in aiding the Double "H" Hole in the Woods Ranch situated in Lake Luzerne, New York. The Fund provides financial assistance to this camp, ensuring its continued operation and beneficial impact on its attendees. The Double "H" Hole in the Woods Ranch is a notable entity in its own right, offering a unique and enriching experience for its visitors. The Gruver Fund's mission aligns with this ethos, aiming to contribute positively to the lives of those who benefit from the Ranch's services.
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Impact
October, 2024
The Gruver Fund significantly impacts the lives of children and families by providing vital support to the Double "H" Hole in the Woods Ranch in Lake Luzerne, NY. This organization offers unique recreational experiences designed for children with serious illnesses and their families, promoting healing and joy in a safe, natural environment.
By funding programs that facilitate educational, charitable, and recreational opportunities, The Gruver Fund enhances the quality of life for participants, allowing them to forge connections, experience adventure, and create lasting memories. The focus on charitable and scientific purposes further enriches the community, fostering growth and understanding. Overall, The Gruver Fund plays a crucial role in making a positive difference in the lives of those it serves.
This information is meant to be a general summary of The Gruver Fund. 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: $28
- Gross Receipts: $28
Assets and Liabilities:
- Total Assets: $49,357
- Total Liabilities: $0
- Net Assets: $49,357
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Organization Details
Founding Year
2000
Phone
(978) 839-0400Principal Officer
Steven Robb
Main Address
C/O R ROBB 50 SALEM ST STE 200, LYNNFIELD, MA, 01940
NTEE Category
Code: N11 - Recreation
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