Overview
What is The Ben Hogan Foundation?
The Ben Hogan Foundation, established in Fort Worth, Texas, serves as a tribute to the renowned golfer Ben Hogan. Its primary purpose is to honor and celebrate his legacy while preserving his character. The foundation accomplishes this by supporting organizations that promote golf and charities aligned with Hogan's core values. The small yet dedicated team of four individuals works tirelessly to achieve these objectives, contributing to the growth and development of golf and charitable causes that resonate with Hogan's values.
Official website here: www.benhoganfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The Ben Hogan Foundation has received a 79% rating from Charity Navigator, indicating a moderate level of financial health and accountability. The organization demonstrates strong governance with an entirely independent board, which is a positive aspect of its operational integrity. Additionally, the foundation has robust policies in place for conflict of interest, whistleblower protections, and document retention, contributing to its overall high marks in accountability.
Financially, the foundation shows a solid liabilities-to-assets ratio at 0.17%, reflecting prudent management of its resources. However, the program expense ratio is noted at 55.81%, which may suggest that a significant portion of expenses is attributed to administrative costs rather than direct program services. This aspect could be a concern for donors looking for a greater proportion of their contributions to directly impact programs.
Overall, while The Ben Hogan Foundation exhibits responsible governance and sound financial practices, potential donors may want to consider the program expense ratio when assessing the charity's effectiveness in delivering its mission-related services.
This AI summary has been generated from information found on Charity Navigator.
Is The Ben Hogan Foundation legitimate?
The Ben Hogan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ben Hogan 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: $308,379
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.benhoganfoundation.org
What is the mission statement of The Ben Hogan Foundation?
The Ben Hogan Foundation's mission is to honor, celebrate, and preserve the legacy and virtues of Ben Hogan by supporting organizations that promote golf and charities aligned with his core values. The foundation is committed to this mission by providing assistance to such organizations, thereby upholding Hogan's legacy in a meaningful way. By doing so, the foundation aims to contribute to the growth and promotion of the game of golf and support causes that resonate with Hogan's values.
Official website here: www.benhoganfoundation.org
Who is the CEO of The Ben Hogan Foundation?
Lisa Scott is the Chief Executive Officer of The Ben Hogan Foundation. The CEO's salary of The Ben Hogan Foundation is $96,250 and their total compensation is $96,250.
Official website here: www.benhoganfoundation.org
What is the revenue of The Ben Hogan Foundation?
The Ben Hogan Foundation's revenue in 2022 was $515,706.
Official website here: www.benhoganfoundation.org
Who are the executives of The Ben Hogan Foundation and what are their salaries?
The average compensation at The Ben Hogan Foundation during 2022 was $77,095. There are 4 employees and 45 volunteers at The Ben Hogan Foundation.
Here are 14 key members and their salaries (The Ben Hogan Foundation's CEO's salary is $96,250 and their total compensation is $96,250):
- Compensation: $96,250
- Related: $0
- Other: $0
- Compensation: $89,924
- Related: $0
- Other: $7,598
- Compensation: $56,164
- Related: $0
- Other: $1,505
- Compensation: $43,164
- Related: $0
- Other: $2,336
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.benhoganfoundation.org
Where can I find the form 990 for The Ben Hogan Foundation?
The Ben Hogan Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.benhoganfoundation.org
Learn more at the official website: www.benhoganfoundation.org
Mission Statement of The Ben Hogan Foundation
The Ben Hogan Foundation, a esteemed organization, is committed to honoring, celebrating, and preserving the legacy and character of the renowned golf champion, Ben Hogan. This is achieved by providing support to organizations that promote the game of golf and charities that embody Mr. Hogan's core values. The foundation's mission is to pay tribute to Hogan's enduring impact and principles by fostering initiatives that align with his love for golf and his deeply held beliefs. By backing these organizations, The Ben Hogan Foundation aims to carry forward Hogan's spirit and contributions to the world of golf and beyond.
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Impact
July, 2024
The Ben Hogan Foundation's impact can be seen in its dedication to honoring, celebrating, and preserving the legacy and character of Ben Hogan. By supporting organizations that promote the game of golf and charities reflecting Mr. Hogan's core values, the foundation is contributing to the perpetuation of a sport and values that hold great significance in the community. Through its philanthropic efforts, The Ben Hogan Foundation is creating a lasting impact that extends beyond the realm of golf, embodying the spirit of generosity and goodwill championed by Ben Hogan himself.
This information is meant to be a general summary of The Ben Hogan 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: $150
- Gross Receipts: $804,639
Assets and Liabilities:
- Total Assets: $94,518
- Total Liabilities: $12,909
- Net Assets: $81,609
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Organization Details
Founding Year
2006
Phone
(817) 301-9934Principal Officer
Lisa Scott
Main Address
PO BOX 121518, FORT WORTH, TX, 761211518
Website
www.benhoganfoundation.orgNTEE Category
Code: T31 - Philanthropy
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