Overview
What is Clayton & Loree Fox Ffa Enhancement Foundation?
The Clayton & Loree Fox FFA Enhancement Foundation is a nonprofit organization located in Imbler, Oregon (97841). Its primary mission is to collect and manage donations, aiming to enhance and foster the growth of students involved in agricultural education and members of the National FFA Organization. The foundation intends to achieve this by investing the donated funds in interest-bearing CDs and mutual fund accounts. The funds will later be allocated to support and promote FFA experiences within four local chapters, aiming to benefit approximately 250 student members annually.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, earning a Two-Star out of Four Star rating.
The Clayton & Loree Fox FFA Enhancement Foundation has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in accountability and financial practices, there are significant areas for improvement. It scored well in categories such as having a majority of independent board members and maintaining a low liabilities to assets ratio, which reflects good financial health.
However, the foundation has notable shortcomings, particularly in transparency and governance. Key policies, including a conflict of interest policy and a whistleblower policy, are not in place, which raises concerns about ethical oversight. Furthermore, the absence of online access to essential documents like board meeting minutes and the tax form limits public accountability and may impact stakeholder trust.
Overall, while the foundation demonstrates solid program spending and financial stability, it needs to address its transparency and governance practices to enhance its overall rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Clayton & Loree Fox Ffa Enhancement Foundation legitimate?
Clayton & Loree Fox Ffa Enhancement Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clayton & Loree Fox Ffa Enhancement Foundation 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 Clayton & Loree Fox Ffa Enhancement Foundation?
The Clayton & Loree Fox FFA Enhancement Foundation's mission is to collect and manage donations, aiming to enhance the experiences of students involved in agricultural education and members of the National FFA Organization. The funds are intended to stimulate and promote their best interests within the chapters. The foundation's achievements include investing bequeathed funds in interest-bearing CDs and mutual fund accounts. These funds will be utilized to support and advance FFA activities in future years. The foundation is estimated to serve around 250 student members annually across four local FFA chapters.
Who is the CEO of Clayton & Loree Fox Ffa Enhancement Foundation?
Jim D Cant Co Ffa Foundation is the Director of Clayton & Loree Fox Ffa Enhancement Foundation.
What is the revenue of Clayton & Loree Fox Ffa Enhancement Foundation?
Clayton & Loree Fox Ffa Enhancement Foundation's revenue in 2022 was $35,520.
Who are the executives of Clayton & Loree Fox Ffa Enhancement Foundation 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 Clayton & Loree Fox Ffa Enhancement Foundation?
Clayton & Loree Fox Ffa Enhancement Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Clayton & Loree Fox Ffa Enhancement Foundation
The Clayton & Loree Fox FFA Enhancement Foundation is dedicated to collecting and preserving donations, with the intention of utilizing these funds to advance and boost the interests of students engaged in agricultural education and members of the National FFA Organization within their local chapters. The mission of this foundation is to stimulate and promote growth within these individuals, ensuring that future generations of FFA members benefit from these contributions. The foundation anticipates supporting around 250 student members annually through these initiatives. The funds are currently invested in interest-bearing CDs and mutual fund accounts, with the intention of continuing to support and enhance FFA experiences in the coming years.
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Impact
August, 2024
The Clayton & Loree Fox FFA Enhancement Foundation's impact lies in its dedication to supporting and promoting the best interests of students of agricultural education and members of the National FFA Organization. The foundation achieves this by receiving and holding various types of donations to stimulate and enhance FFA experiences for students. By investing bequeathed funds in interest-bearing CDs and mutual fund accounts, the foundation is able to support approximately 250 student members each year across four local FFA chapters in Imbler, Oregon. Through its mission to empower students in agricultural education, the foundation plays a vital role in the educational and personal development of FFA members.
This information is meant to be a general summary of Clayton & Loree Fox Ffa Enhancement Foundation. 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: $35,464
- Gross Receipts: $106,356
Assets and Liabilities:
- Total Assets: $846,896
- Total Liabilities: $0
- Net Assets: $846,896
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Organization Details
Founding Year
2005
Phone
(541) 534-5331Principal Officer
Jim D Cant Co Ffa Foundation
Main Address
66795 HIBBERD RD, IMBLER, OR, 97841
NTEE Category
Code: B122 - Education
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