Overview
What is Natural Heritage Trust?
The Natural Heritage Trust is a nonprofit organization based in Albany, New York, with a US address at 625 Broadway 2nd Floor. Its mission is to act as a central hub for accepting donations, raising funds, and collaborating with various partners, including the New York State Office of Parks, Recreation and Historic Preservation (OPRHP), Department of Environmental Conservation (DEC), and the Department of State (DOS). The Trust also teams up with numerous public and private entities, not-for-profits, and friends groups to secure and manage funds. Dedicated to fostering relationships with organizations that align with its conservation, outdoor recreation, historic preservation, and waterfront and community revitalization goals, the Trust ensures the security of funds held in trust and prudently invests them in accordance with their underlying agreements. Over the past fifty years, private funding endowed through the Trust has supported a diverse range of cultural and recreational programs, capital projects, environmental and outdoor education, natural resource protection and restoration, and historic preservation initiatives throughout the state.
Official website here: www.naturalheritagetrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 85% - Three-Star out of Four Star rating
The Natural Heritage Trust has received an overall score of 85%, which reflects strong performance in accountability and finance. With a 100% focus on this beacon category, the Trust excels in various areas, including financial statement oversight and a robust conflict of interest policy. Its program expense ratio is notably high at 94.79%, indicating that a significant portion of funds is directed toward its initiatives rather than administrative costs.
User feedback highlights the Trust's crucial role in supporting New York State Parks, particularly in enhancing resources that directly impact visitor experiences. A reviewer noted that while state funding often falls short for specific park needs, contributions through the Natural Heritage Trust can help fill these gaps. The Trust appears to empower local parks by facilitating necessary purchases and projects that enhance their offerings.
While the organization is praised for its financial integrity and positive impact, limitations in funding from state resources remain a challenge. This underscores the importance of community support to help maintain and improve the quality of New York's parks. Overall, the Natural Heritage Trust is recognized for its commitment to environmental stewardship and community engagement.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Natural Heritage Trust legitimate?
Natural Heritage Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Natural Heritage Trust 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: $348,910
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,807,626
For more financial information, click here
Official website here: www.naturalheritagetrust.org
What is the mission statement of Natural Heritage Trust?
The Natural Heritage Trust serves as a central hub for managing contributions, grants, legacies, and bequests to support conservation, outdoor recreation, historic preservation, and waterfront and community revitalization projects. By collaborating with various partners such as New York State Office of Parks, Recreation and Historic Preservation (OPRHP), Department of Environmental Conservation (DEC), and Department of State (DOS), as well as public and private entities and not-for-profits, the Trust ensures effective administration of funds for mission-aligned goals. The Trust safeguards the funds held under its care and invests them prudently, benefiting a diverse range of programs, capital projects, and improvements, environmental and outdoor education, natural resource protection and restoration, and historic preservation across the state for over five decades.
Official website here: www.naturalheritagetrust.org
Who is the CEO of Natural Heritage Trust?
Sally Drake is the Chair of Natural Heritage Trust.
Official website here: www.naturalheritagetrust.org
What is the revenue of Natural Heritage Trust?
Natural Heritage Trust's revenue in 2023 was $16,482,658.
Official website here: www.naturalheritagetrust.org
Who are the executives of Natural Heritage Trust and what are their salaries?
The average compensation at Natural Heritage Trust during 2023 was $40,355. There are 103 employees at Natural Heritage Trust.
Here are 7 key members and their salaries:
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- Compensation: $142,425
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- Other: $38,740
- Compensation: $131,875
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- Other: $35,870
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Official website here: www.naturalheritagetrust.org
Where can I find the form 990 for Natural Heritage Trust?
Natural Heritage Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.naturalheritagetrust.org
Learn more at the official website: www.naturalheritagetrust.org
Mission Statement of Natural Heritage Trust
Natural Heritage Trust serves as a vital hub for the reception and management of charitable contributions, grants, bequests, and devises of both real and personal property. This trust's primary objective is to further the causes of conservation, outdoor recreation, historic preservation, and waterfront and community revitalization.
To accomplish its mission, the Natural Heritage Trust accepts donations, raises funds, and collaborates with various partners. These partners include New York State Office of Parks, Recreation and Historic Preservation (OPRHP), Department of Environmental Conservation (DEC), and the Department of State (DOS). The trust also partners with numerous public and private entities, not-for-profits, and friends groups to secure and administer funding.
The Natural Heritage Trust's dedication extends to nurturing relationships with organizations that share like-minded goals and purposes. By ensuring the safekeeping of funds held in trust and investing them prudently, the trust has supported a broad array of cultural and recreational programs, capital projects and improvements, environmental and outdoor education, natural resource protection and restoration, and historic preservation projects throughout the state for over fifty years.
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Impact
October, 2024
The Natural Heritage Trust plays a crucial role in the conservation and enhancement of New York's cultural and natural resources. By serving as a central hub for the reception and administration of various donations, grants, and assets, it effectively channels financial support into projects that promote outdoor recreation, historic preservation, and community revitalization.
Through partnerships with key governmental agencies such as the New York State Office of Parks, Recreation and Historic Preservation, the Department of Environmental Conservation, and the Department of State, the Trust amplifies its impact on environmental preservation and education. This collaborative approach allows for pooled resources, enabling more significant projects and educational initiatives that benefit communities across the state.
Over the past fifty years, the trust has facilitated a broad range of initiatives, from capital projects and improvements to natural resource protection and restoration efforts. Its commitment to prudent financial management ensures that funds are safeguarded and utilized effectively, resulting in a lasting positive impact on New York's environment, culture, and community vitality. In essence, the Natural Heritage Trust not only secures necessary funding but also fosters relationships with diverse organizations, amplifying the collective effort toward conservation and cultural enrichment.
This information is meant to be a general summary of Natural Heritage Trust. 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: $1,091,896
- Program Service Revenue: $6,783,642
- Gross Receipts: $18,200,944
Assets and Liabilities:
- Total Assets: $64,736,479
- Total Liabilities: $5,575,937
- Net Assets: $59,160,542
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$5,613,123
BENEFITS PROCESSING
Revenue
$586,541
MITIGATION AND ENVIRONMENTAL BENE
Revenue
$540,924
OTHER REVENUE
Revenue
$43,054
Organization Details
Founding Year
1968
Phone
(518) 474-2997Principal Officer
Sally Drake
Main Address
625 BROADWAY 2ND FLOOR, ALBANY, NY, 12207
Website
www.naturalheritagetrust.orgNTEE Category
Code: C34 - Environment
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