Overview
What is The Henry Mize Charitable Foundation Inc?
The Henry Mize Charitable Foundation Inc, located in Tupelo, Mississippi, is a nonprofit organization that operates solely for the benefit of and to carry out the functions or purposes of Create Foundation, Inc. Established with educational and charitable intentions, this foundation is dedicated to contributing positively to its community. The specific activities and initiatives undertaken by The Henry Mize Charitable Foundation Inc remain undisclosed in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
The Henry Mize Charitable Foundation Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its financial practices and transparency. While the foundation scores well in areas such as board independence and material diversion of assets, there are significant gaps in its governance practices, particularly regarding conflict of interest and whistleblower policies. These limitations may raise questions about the overall accountability of the organization.
Strengths of the foundation include a fully independent board and a favorable liabilities-to-assets ratio, suggesting it is managing its financial obligations effectively. Additionally, the organization has documented its board meeting minutes and has its website listed on its tax form, which are positive indicators of transparency and governance. However, the low scores in critical areas related to governance policies may hinder trust among potential donors and stakeholders.
Overall, while the foundation demonstrates some solid financial management aspects, its governance and accountability measures need improvement to enhance its credibility and effectiveness as a charitable organization. Addressing these weaknesses could help elevate its rating and public perception in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Henry Mize Charitable Foundation Inc legitimate?
The Henry Mize Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Henry Mize Charitable Foundation Inc 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Henry Mize Charitable Foundation Inc?
The Henry Mize Charitable Foundation Inc is established with a mission to serve educational and charitable purposes. Operating solely for the betterment of Create Foundation Inc, its primary function is to carry out the educational and charitable objectives set forth by the foundation. This organization is dedicated to contributing to the causes it has been established for, without specifying the particular areas of focus in the provided information.
Who is the CEO of The Henry Mize Charitable Foundation Inc?
Paul E Mize Jr is the Director of The Henry Mize Charitable Foundation Inc.
What is the revenue of The Henry Mize Charitable Foundation Inc?
The Henry Mize Charitable Foundation Inc's revenue in 2022 was $97,140.
Who are the executives of The Henry Mize Charitable Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for The Henry Mize Charitable Foundation Inc?
The Henry Mize Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Henry Mize Charitable Foundation Inc
The Henry Mize Charitable Foundation Inc is an organization that is committed to serving educational and charitable purposes. Its mission, as stated, is to operate exclusively for the benefit and execution of the functions or purposes of Create Foundation, Inc. The Foundation is dedicated to fulfilling its role with the utmost dedication, ensuring it aligns with the objectives of Create Foundation, Inc. By focusing on these educational and charitable aims, The Henry Mize Charitable Foundation Inc seeks to make a positive impact in various communities and contribute to the betterment of society as a whole.
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Impact
October, 2024
The Henry Mize Charitable Foundation Inc focuses on enhancing educational and charitable initiatives, particularly in Tupelo, MS. By operating exclusively for these purposes, it aims to support and advance the functions of Create Foundation, Inc. Through its philanthropic efforts, the foundation plays a key role in promoting community development and empowering individuals through educational programs. Its impact is felt in the lives of those it serves, fostering opportunities for growth and support within the community.
This information is meant to be a general summary of The Henry Mize Charitable 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: $97,140
- Gross Receipts: $1,348,297
Assets and Liabilities:
- Total Assets: $5,668,918
- Total Liabilities: $314,872
- Net Assets: $5,354,046
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Organization Details
Principal Officer
Paul E Mize Jr
Main Address
P O BOX 1668, TUPELO, MS, 38802
NTEE Category
Code: T11 - Philanthropy
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