Overview
What is Peter E Haas Jr Family Fund?
The Peter E Haas Jr Family Fund is a California-based non-profit organization, serving as a supporting entity of the Marin Community Foundation. Their mission encompasses charitable grantmaking, focusing on social services, driving innovation and equity in education and healthcare, and inspiring change in community norms. During the fiscal year ending June 30, 2022, the foundation granted $10,153,584 to 20 causes in support of these initiatives.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Peter E Haas Jr Family Fund has received a Three-Star rating from Charity Navigator, reflecting its overall score of 81%. This rating is based entirely on its Accountability & Finance performance, indicating a strong commitment to responsible financial management. The fund has demonstrated exceptional oversight, with all financial statements receiving full points, signaling rigorous standards in transparency and accountability.
A notable strength of the organization is its high program expense ratio at 95.45%, suggesting that the majority of its funding is directed toward effective programs rather than administrative costs. Additionally, the fund has implemented comprehensive policies related to conflict of interest, whistleblower protections, and document retention, which further enhance its credibility and operational integrity.
Despite these strengths, users may want to be aware of the high salaries for key personnel, which may raise questions about compensation relative to the fund's overall financial structure. However, the low liabilities to assets ratio of 0.62% indicates a stable financial position, ensuring that the organization is well-equipped to continue its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Peter E Haas Jr Family Fund legitimate?
Peter E Haas Jr Family Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peter E Haas Jr Family 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: $265,532
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,848
For more financial information, click here
Official website here: www.none
What is the mission statement of Peter E Haas Jr Family Fund?
The Peter E Haas Jr Fund is a charitable organization dedicated to making grants that align with the charitable purposes of the Marin Community Foundation. Their mission is threefold: they support social services, promote innovation and equity in education and health, and work towards transforming community norms. By engaging in charitable activities, this fund aims to bring about positive change in various sectors, particularly in areas related to social welfare, education, and health.
Official website here: www.none
Who is the CEO of Peter E Haas Jr Family Fund?
Rhea Suh is the President & Ceo of Peter E Haas Jr Family Fund. The CEO's salary of Peter E Haas Jr Family Fund is $0 and their total compensation is $189,353.
Official website here: www.none
What is the revenue of Peter E Haas Jr Family Fund?
Peter E Haas Jr Family Fund's revenue in 2022 was $19,162,315.
Official website here: www.none
Who are the executives of Peter E Haas Jr Family Fund and what are their salaries?
Here are 8 key members and their salaries (Peter E Haas Jr Family Fund's CEO's salary is $0 and their total compensation is $189,353):
- Compensation: $0
- Related: $559,072
- Other: $76,294
- Compensation: $0
- Related: $394,129
- Other: $73,364
- Compensation: $0
- Related: $250,948
- Other: $48,033
- Compensation: $0
- Related: $235,092
- Other: $43,808
- Compensation: $0
- Related: $219,174
- Other: $52,246
- Compensation: $0
- Related: $228,565
- Other: $36,966
- Compensation: $0
- Related: $185,006
- Other: $4,347
- Compensation: $0
- Related: $112,135
- Other: $48,961
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Peter E Haas Jr Family Fund
The Peter E Haas Jr Family Fund is a California-based charitable organization, functioning as a supporting entity of the Marin Community Foundation. Committed to public benefit work, this non-profit corporation focuses its mission on charitable activities aligned with the philanthropic objectives of the Marin Community Foundation.
At the core of the Peter E Haas Jr Family Fund's mission lies the support of social services. Through grantmaking, the organization extends a helping hand to various community initiatives aimed at enhancing the well-being of individuals and families.
Moreover, the Fund is an advocate for innovation and equity within the realms of education and health. By fostering transformative approaches, it aspires to create a ripple effect in these sectors, leading to improved opportunities and outcomes for a broader population.
In addition, the Peter E Haas Jr Family Fund places considerable emphasis on fostering transformation in community norms. By encouraging thought leadership and groundbreaking initiatives, the organization strives to inspire positive change within the communities it serves.
In summary, the Peter E Haas Jr Family Fund, a mission-driven California non-profit, is dedicated to improving the lives of individuals and families through charitable grantmaking. Its core focus areas include social services, education, health, and community transformation. With a steadfast commitment to innovation and equity, the organization plays a pivotal role in driving positive change in the communities it supports.
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Impact
October, 2024
The Peter E. Haas Jr. Family Fund has made a significant impact on social services, education, and health equity through its strategic grantmaking. In the fiscal year ending June 30, 2022, the fund awarded 20 grants totaling over $10 million, underscoring its commitment to fostering innovation and transformation within communities.
By prioritizing initiatives that promote equity and drive positive change in community norms, the fund actively contributes to creating a more inclusive society. Its focus on charitable activities aligns with its mission to support meaningful development in the Marin community, addressing critical social needs and enhancing the quality of life for individuals and families. Through these efforts, the fund is not only providing financial resources but also encouraging collaborative solutions that resonate on a larger scale.
This information is meant to be a general summary of Peter E Haas Jr Family 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: $19,162,315
- Gross Receipts: $38,746,783
Assets and Liabilities:
- Total Assets: $515,264,576
- Total Liabilities: $3,737,685
- Net Assets: $511,526,891
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Organization Details
Founding Year
2006
Phone
(415) 464-2500Principal Officer
Rhea Suh
Main Address
5 HAMILTON LANDING 200, NOVATO, CA, 94949
Website
www.noneNTEE Category
Code: T11 - Philanthropy
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