Overview
What is Bear Creek Foundation Inc?
Bear Creek Foundation Inc, situated in Bear Creek Township, Pennsylvania, is a nonprofit organization that is deeply rooted in the local community. Their primary focus is on fostering charitable, educational, and philanthropic initiatives within the area. They accomplish this by administering various scholarship programs, providing essential support to worthy causes, and owning and maintaining real estate to further their mission. Additionally, the Foundation leases a property to Bear Creek Community Charter School and continues to engage in activities that benefit the community at large.
Official website here: www.bearcreekfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
Bear Creek Foundation Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strong practices, there are significant areas needing improvement. The high program expense ratio of 95.34% suggests that a large portion of their budget is directed towards programs rather than administrative costs, which is a positive sign for donors interested in program effectiveness.
However, the foundation has multiple shortcomings in its accountability and finance practices. Notably, there is a lack of essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, all of which received a score of zero. Additionally, the absence of their tax form on the nonprofit's website raises transparency concerns for potential donors.
Overall, while Bear Creek Foundation Inc shows a commitment to allocating funds towards its mission, the absence of necessary governance policies and the lack of transparency could deter potential supporters. Donors may wish to consider these factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Bear Creek Foundation Inc legitimate?
Bear Creek Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bear Creek 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
For more financial information, click here
Official website here: www.bearcreekfoundation.com
What is the mission statement of Bear Creek Foundation Inc?
The Bear Creek Foundation Inc's mission involves supporting charitable, educational, and philanthropic activities within the community. It administers educational scholarship programs and owns and maintains real estate to further its mission. The foundation facilitates these activities and leverages its real estate holdings to achieve its objectives. The Foundation also provides opportunities for community engagement and continues to support local initiatives.
Official website here: www.bearcreekfoundation.com
Who is the CEO of Bear Creek Foundation Inc?
Mark Popple is the President of Bear Creek Foundation Inc.
Official website here: www.bearcreekfoundation.com
What is the revenue of Bear Creek Foundation Inc?
Bear Creek Foundation Inc's revenue in 2022 was $1,291,753.
Official website here: www.bearcreekfoundation.com
Who are the executives of Bear Creek Foundation Inc and what are their salaries?
There 50 volunteers at Bear Creek Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bearcreekfoundation.com
Where can I find the form 990 for Bear Creek Foundation Inc?
Bear Creek Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bearcreekfoundation.com
Learn more at the official website: www.bearcreekfoundation.com
Mission Statement of Bear Creek Foundation Inc
Bear Creek Foundation Inc, as a nonprofit organization, is dedicated to facilitating and supporting charitable, educational, and philanthropic activities within its community. The foundation's mission is multifaceted, encompassing the administration of educational scholarship programs and the ownership and maintenance of real estate to further its objectives. By doing so, Bear Creek Foundation Inc aims to contribute positively to its community, providing resources and opportunities for growth and development. The foundation leases property at 30 Charter School Way to Bear Creek Community Charter School, and continues to engage in activities that benefit the local community.
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Impact
October, 2024
Bear Creek Foundation Inc makes a significant impact by supporting charitable, educational, and philanthropic initiatives within Bear Creek Township, PA. It administers educational scholarship programs that provide vital financial assistance to students, enabling them to pursue their academic goals. Additionally, the Foundation plays a crucial role in the community by leasing property to the Bear Creek Community Charter School, thereby ensuring access to educational facilities.
By organizing and hosting various activities, Bear Creek Foundation Inc fosters community engagement and strengthens social ties among residents. Its commitment to maintaining real estate not only supports educational endeavors but also contributes to the overall well-being and development of the township. Through these efforts, the Foundation enhances educational opportunities and enriches the lives of community members, showcasing a steadfast dedication to the betterment of the community.
This information is meant to be a general summary of Bear Creek 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: $20,604
- Program Service Revenue: $1,247,304
- Gross Receipts: $1,291,753
Assets and Liabilities:
- Total Assets: $27,321,078
- Total Liabilities: $22,675,926
- Net Assets: $4,645,152
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent from Charter School
Revenue
$1,247,304
Organization Details
Founding Year
2006
Phone
(570) 820-4070Principal Officer
Mark Popple
Main Address
1900 Bear Creek Boulevard, Bear Creek Township, PA, 18702
Website
www.bearcreekfoundation.comNTEE Category
Code: B82 - Education
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