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Harding Rock Fund

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

EIN: 201430532 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Harding Rock Fund?

The Harding Rock Fund is a corporate foundation, headquartered in San Francisco, with a primary focus on supporting the Tides Foundation. Their mission involves managing and distributing financial resources, specifically channeling funds towards grassroots organizing and network-building initiatives. By doing so, the Harding Rock Fund aims to make a significant impact in its field, contributing to various causes from its base in California.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

The Harding Rock Fund has received an 80% score from Charity Navigator, signifying a solid performance in accountability and finance. This rating is derived entirely from its accountability metrics, showcasing a commitment to transparency and effective governance. With an independent board comprised of 100% independent members and well-documented board meeting minutes, the organization demonstrates strong oversight and a commitment to ethical management.

Key strengths of the Harding Rock Fund include a high program expense ratio of 88.92%, which indicates that a significant portion of its resources is dedicated to programmatic activities rather than administrative costs. Additionally, the organization has a perfect score on liabilities to assets, reflecting a strong financial position without significant debt. The presence of a conflict of interest policy further enhances its credibility in managing potential ethical dilemmas.

While the rating is positive, it is important to consider the overall score is based solely on accountability and finance metrics. Future assessments could provide a more comprehensive view if additional beacons, such as impact and leadership, were included. Overall, the Harding Rock Fund appears to maintain strong governance practices, but stakeholders may want to seek further information on its broader impact and operational effectiveness.


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

Is Harding Rock Fund legitimate?

Harding Rock Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harding Rock Fund 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

For more financial information, click here

What is the mission statement of Harding Rock Fund?

The Harding Rock Fund is committed to supporting the Tides Foundation. Its primary role involves managing assets and providing financial aid, with a focus on fostering grassroots organizing and network development. As a corporate foundation, its mission is centered around distributing resources effectively to further its goals.

Who is the CEO of Harding Rock Fund?

Max Pike is the Director, Ceo of Harding Rock Fund. The CEO's salary of Harding Rock Fund is $0 and their total compensation is $0.

What is the revenue of Harding Rock Fund?

Harding Rock Fund's revenue in 2022 was $7,106.

Who are the executives of Harding Rock Fund and what are their salaries?

There 3 volunteers at Harding Rock Fund.


Here are 3 key members and their salaries (Harding Rock Fund's CEO's salary is $0 and their total compensation is $0):


Lawrence Litvak (Director, Secretary And Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Pike (Director, Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
P William Parish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Harding Rock Fund?

Harding Rock Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Harding Rock Fund

The Harding Rock Fund, as a corporate foundation, is committed to supporting the Tides Foundation. Its primary mission involves managing assets and providing financial aid, with a particular focus on fostering grassroots organizing and network development. This philanthropic organization is dedicated to channeling resources effectively, contributing to the Tides Foundation's objectives from its base in San Francisco.

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Impact




October, 2024

The Harding Rock Fund plays a significant role in fostering grassroots organizing and building networks by managing assets and providing financial support to the Tides Foundation. Located in San Francisco, the fund is dedicated to effectively distributing resources that empower communities and support various initiatives. Through its philanthropic efforts, it enables vital projects that can drive social change and enhance the collective capacity of grassroots organizations, ultimately contributing to a more equitable and engaged society.




This information is meant to be a general summary of Harding Rock Fund. 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
$7,106 (2022)
Expenses
$611,209 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$333
  • Gross Receipts: $7,106

Assets and Liabilities:

  • Total Assets: $61,482
  • Total Liabilities: $0
  • Net Assets: $61,482

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Organization Details

Founding Year

2004

Principal Officer

Max Pike

Main Address

1012 TORNEY AVENUE, SAN FRANCISCO, CA, 94129

NTEE Category

Code: T21 - Philanthropy

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