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Wm A Walker Memorial Trust

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 166236058 ✦ Pennington, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Wm A Walker Memorial Trust?

The Wm A Walker Memorial Trust is a nonprofit organization located in Pennington, New Jersey. Their primary mission is to offer support for the Geneva Historical Society's Walker Collection. By doing so, they contribute to preserving and promoting historical artifacts and knowledge, enriching the community's understanding of its past. The Trust's activities are focused on aiding the Geneva Historical Society in maintaining and showcasing this valuable collection.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53% (One-Star out of Four Star rating)

The Wm A Walker Memorial Trust has received a rating of 53%, indicating significant concerns regarding its accountability and finance practices. The score is derived entirely from a single beacon assessment focused on financial transparency, where the organization scored poorly in several areas, including the lack of independent board members and missing policies related to conflict of interest, whistleblower protections, and document retention.

Despite these shortcomings, the trust does show a strong commitment to program expenses, with a program expense ratio of 84.64%. This suggests that a substantial portion of its funds is directed towards its programs rather than administrative costs. However, the absence of critical governance policies and transparency elements raises questions about its operational integrity.

Overall, the rating reflects a need for improvement in governance practices and financial accountability. Potential donors and stakeholders are encouraged to consider these factors when evaluating the trust's effectiveness and reliability.


This AI summary has been generated from information found on Charity Navigator.

Is Wm A Walker Memorial Trust legitimate?

Wm A Walker Memorial Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wm A Walker Memorial 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: $2,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Wm A Walker Memorial Trust?

The Wm A Walker Memorial Trust's mission is centered around supporting the Geneva Historical Society's Walker Collection. This mission is carried out by providing resources and assistance to ensure the preservation and promotion of the collection, thereby contributing to historical education and preservation. The Trust's activities are geared towards fostering a deeper understanding and appreciation of the past through this significant collection. The Trust does not engage in activities beyond supporting the Geneva Historical Society's Walker Collection.

Who is the CEO of Wm A Walker Memorial Trust?

Unavailable

What is the revenue of Wm A Walker Memorial Trust?

Wm A Walker Memorial Trust's revenue in 2022 was $49,710.

Who are the executives of Wm A Walker Memorial Trust and what are their salaries?


There is 1 key member and their salary:


Bank Of America Na (Trustee)
  • Compensation: $2,350
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wm A Walker Memorial Trust?

Wm A Walker Memorial Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wm A Walker Memorial Trust

The Wm A Walker Memorial Trust is committed to a mission that prioritizes supporting the Geneva Historical Society's Walker Collection. This mission is centered around providing resources and assistance to preserve and showcase this significant historical collection. By supporting the Geneva Historical Society, the Trust aims to ensure the longevity and accessibility of the Walker Collection for future generations to learn from and appreciate. The Trust's efforts contribute to the preservation of historical artifacts and knowledge, thereby promoting a deeper understanding of the past and its impact on the present.

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Impact




October, 2024

The Wm A Walker Memorial Trust significantly enhances the preservation and promotion of local history through its support of the Geneva Historical Society's Walker Collection. By providing financial assistance and resources, the trust ensures that this important collection remains accessible to the community and ongoing efforts are made to document and share the heritage of the area.

The trust's impact extends to educational initiatives that foster an appreciation for the arts and history among residents and visitors alike. This support helps maintain the integrity of the collection, allowing for exhibitions and programs that engage the public, inspire curiosity, and cultivate a deeper understanding of the region's cultural narrative. By prioritizing historical preservation, the Wm A Walker Memorial Trust plays a vital role in keeping the local history alive and relevant for future generations.




This information is meant to be a general summary of Wm A Walker Memorial 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.

Revenue
$49,710 (2022)
Expenses
$13,576 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $49,710
  • Gross Receipts: $152,149

Assets and Liabilities:

  • Total Assets: $499,292
  • Total Liabilities: $0
  • Net Assets: $499,292

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Organization Details

Founding Year

1980

Main Address

PO BOX 1532, PENNINGTON, NJ, 08534

NTEE Category

Code: A80 - Arts

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