Overview
What is Prospect Park Foundation Inc?
Prospect Park Foundation Inc is a dedicated nonprofit organization situated in Troy, New York. Established with the purpose of safeguarding, maintaining, and improving this cherished public park, the foundation has undertaken various initiatives such as trail clearing, planting bulbs, and purchasing trail signs. In 2017, they organized a Hidden Garden Tour, and they've also secured funding for tree planting on Congress Street and a captivating circus performance within the park. Unfortunately, due to the pandemic, no events or programs were conducted in 2020. The foundation serves as a conservancy, aiming to preserve and enhance the beauty and accessibility of the park for the community.
Is Prospect Park Foundation Inc legitimate?
Prospect Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prospect Park Foundation Inc submitted a form 990EZ, 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.
What is the mission statement of Prospect Park Foundation Inc?
The Prospect Park Foundation Inc is a conservancy dedicated to protecting, preserving, and enhancing a public park in an unspecified location. Their mission involves safeguarding the park's natural beauty and facilitating its improvement. In the past, they have undertaken activities such as trail clearing and sign installation, planting bulbs, and organizing events like the Hidden Garden Tour. They have also obtained funding for projects, including planting trees on Congress Street and hosting a circus performance. Due to the pandemic, they suspended their programs in 2020.
Who is the CEO of Prospect Park Foundation Inc?
Peter Grimm is the President of Prospect Park Foundation Inc.
What is the revenue of Prospect Park Foundation Inc?
Prospect Park Foundation Inc's revenue in 2022 was $22,984.
Who are the executives of Prospect Park Foundation Inc 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 990EZ for Prospect Park Foundation Inc?
Prospect Park Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Prospect Park Foundation Inc
Prospect Park Foundation Inc, a conservancy established with the aim of protecting, preserving, and enhancing a public park, has a mission to ensure the well-being of this green space. The organization has taken various initiatives to accomplish this goal. For instance, they have worked on trail clearing and even purchased a sign for it, showing their commitment to maintaining the park's infrastructure. Furthermore, they have planted bulbs in the fall, contributing to the park's natural beauty.
Beyond physical upkeep, Prospect Park Foundation Inc has also focused on enriching the park's experiences. They organized the Hidden Garden Tour in 2017, and in the past, they have even secured a grant to plant trees on a street and organize a circus performance in the park, showcasing their dedication to entertainment and education. However, due to the pandemic, they had to postpone their programs in 2020. Despite these challenges, the foundation continues to strive towards its mission, working to protect and improve the public park for all to enjoy.
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Impact
August, 2024
Prospect Park Foundation Inc worked on a trail clearing, purchased a sign for the trail, and planted bulbs in the fall. The organization also dedicated resources to the 2017 Hidden Garden Tour Expenses, highlighting its commitment to beautifying public spaces. Additionally, the foundation granted funding for trees on Congress Street and supported a Circus performance in the park, engaging the community in artistic and leisure activities. Despite the challenges posed by the pandemic, Prospect Park Foundation Inc continued its mission to protect, preserve, and enhance this public park in Troy, New York.
This information is meant to be a general summary of Prospect Park 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: $3
- Program Service Revenue: $17,956
- Gross Receipts: $22,984
Assets and Liabilities:
- Total Assets: $32,263
- Total Liabilities: $0
- Net Assets: $32,263
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Organization Details
Phone
(518) 266-1433Principal Officer
Peter Grimm
Main Address
61 STATE STREET, TROY, NY, 12180
NTEE Category
Code: N32 - Recreation
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