Overview
What is Palm Beach Country Club Foundation Inc?
Palm Beach Country Club Foundation Inc, located in Palm Beach, Florida, is a nonprofit organization dedicated to providing financial aid. They extend their support to both individuals and charitable organizations within Palm Beach County, as indicated by their activities and mission statements. As per the provided information, they have recently assisted 13 individuals and 25 charitable entities, details of which can be found in Schedule I. This includes scholarships granted to various colleges and universities, as well as grants disbursed to organizations within the county. The foundation's main objective is to enhance the lives of individuals and strengthen the community in Palm Beach County through their financial assistance.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star Rating.
The Palm Beach Country Club Foundation Inc has received a Two-Star rating, indicating a relatively average performance in accountability and finance. While the organization has achieved a high score for having a fully independent board and a strong program expense ratio, it falls short in key areas such as financial transparency and governance practices, evidenced by the absence of financial statements and several missing policies.
Strengths include a high percentage of independent board members and their effective management of program expenses, which suggests that resources are directed towards their mission. However, the lack of essential governance documents like a conflict of interest policy and whistleblower policy raises concerns about the organization's operational integrity and transparency. The absence of financial statements and tax forms on their website further limits public trust and accountability.
Overall, while the foundation demonstrates some strong governance elements, significant weaknesses in financial disclosure and policy implementation detract from its overall credibility. Potential donors or supporters may wish to consider these factors when evaluating their involvement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Palm Beach Country Club Foundation Inc legitimate?
Palm Beach Country Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Beach Country Club 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Palm Beach Country Club Foundation Inc?
The Palm Beach Country Club Foundation Inc. is established with the mission to offer financial aid to individuals and charitable organizations within Palm Beach County. In line with this objective, they provide support and financial assistance to 13 individuals and 25 charitable organizations. This assistance is outlined in Schedule I, which includes scholarships paid to colleges and universities for the benefit of individuals, as well as grants given to organizations within Palm Beach County.
Who is the CEO of Palm Beach Country Club Foundation Inc?
David Mack is the President of Palm Beach Country Club Foundation Inc.
What is the revenue of Palm Beach Country Club Foundation Inc?
Palm Beach Country Club Foundation Inc's revenue in 2022 was $599,087.
Who are the executives of Palm Beach Country Club Foundation Inc and what are their salaries?
There 10 volunteers at Palm Beach Country Club Foundation Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Palm Beach Country Club Foundation Inc?
Palm Beach Country Club Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Palm Beach Country Club Foundation Inc
The Palm Beach Country Club Foundation, Inc., is an organization dedicated to providing financial aid to individuals in need and charitable organizations within Palm Beach County. Established with the purpose of offering financial assistance, this nonprofit is committed to supporting a diverse range of individuals and charities. The foundation's activities are outlined in its mission statement, which declares its goal of providing both monetary aid and assistance to the specified individuals and charitable organizations.
In practice, the Palm Beach Country Club Foundation, Inc., has extended its support to 13 individuals and 25 charitable organizations within Palm Beach County. This support takes various forms, including scholarships paid to colleges and universities on behalf of individuals and grants given to organizations within the county. By providing this essential financial aid, the foundation helps to alleviate the financial burdens faced by many individuals and charities, enabling them to focus on their respective missions and improve the lives of those they serve.
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Impact
July, 2024
Palm Beach Country Club Foundation Inc's impact includes providing financial assistance to 13 individuals and supporting 25 charitable organizations in Palm Beach County. Additionally, the foundation offers scholarships to colleges and universities for the benefit of individuals and grants to organizations in the community. Through their efforts, they contribute to the betterment of the community and support various causes in Palm Beach County.
This information is meant to be a general summary of Palm Beach Country Club 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: $87
- Gross Receipts: $599,087
Assets and Liabilities:
- Total Assets: $681,205
- Total Liabilities: $0
- Net Assets: $681,205
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Organization Details
Founding Year
2004
Phone
(561) 844-3501Principal Officer
David Mack
Main Address
760 N OCEAN BLVD, PALM BEACH, FL, 33480
NTEE Category
Code: N50 - Recreation
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