Overview
What is John E Moran And Gerald P Ventre Foundation?
The John E Moran and Gerald P Ventre Foundation is a nonprofit organization based in Warwick, Rhode Island. Its primary mission is to support initiatives that benefit individuals with intellectual and developmental disabilities. The foundation has granted funds to both individuals and organizations to cater to their needs and further their objectives. These grants are within a limit of $5,000 per recipient. The foundation's activities align with its purpose, aiming to enhance the well-being of those with intellectual and developmental disabilities.
Official website here: www.johnemoran.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
The John E Moran and Gerald P Ventre Foundation has earned a Three-Star rating from Charity Navigator, reflecting a solid score in Accountability & Finance. With an overall score of 83%, the foundation demonstrates a strong commitment to financial health and governance, notably achieving full marks for independent board members and a zero percent material diversion of assets.
However, the foundation does have some areas for improvement. While it maintains a high program expense ratio, indicating that all of its resources are dedicated to its mission, it lacks key governance policies such as a whistleblower policy and a document retention and destruction policy. These omissions could raise concerns regarding transparency and accountability in its operations.
Overall, while the John E Moran and Gerald P Ventre Foundation shows strong financial stewardship, enhancing its governance policies would further strengthen its accountability framework and overall organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is John E Moran And Gerald P Ventre Foundation legitimate?
John E Moran And Gerald P Ventre Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. John E Moran And Gerald P Ventre 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:
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Official website here: www.johnemoran.org
What is the mission statement of John E Moran And Gerald P Ventre Foundation?
The John E Moran and Gerald P Ventre Foundation was established with the purpose of supporting initiatives that benefit individuals with intellectual and developmental disabilities. In line with this mission, the foundation provides grants to both individuals and organizations that cater to the needs of these populations. The grants given by the foundation do not exceed $5,000 for any individual or organization. The foundation's activities are geared towards furthering the welfare of people with intellectual and developmental disabilities, aligning with its founding objective.
Official website here: www.johnemoran.org
Who is the CEO of John E Moran And Gerald P Ventre Foundation?
Gerald P Ventre is the President of John E Moran And Gerald P Ventre Foundation.
Official website here: www.johnemoran.org
What is the revenue of John E Moran And Gerald P Ventre Foundation?
John E Moran And Gerald P Ventre Foundation's revenue in 2022 was $57,039.
Official website here: www.johnemoran.org
Who are the executives of John E Moran And Gerald P Ventre Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.johnemoran.org
Where can I find the form 990 for John E Moran And Gerald P Ventre Foundation?
John E Moran And Gerald P Ventre Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.johnemoran.org
Learn more at the official website: www.johnemoran.org
Mission Statement of John E Moran And Gerald P Ventre Foundation
The John E Moran and Gerald P Ventre Foundation was established with the purpose of providing financial support for initiatives that benefit individuals with intellectual and developmental disabilities. In line with this mission, the foundation has made grants to both individuals and organizations that cater to the needs of these two populations. The organization's focus is on underwriting initiatives that align with its mission, ensuring that no individual or organization receives grants or payments exceeding $5,000. The foundation's commitment to this cause aims to positively impact the lives of people with intellectual and developmental disabilities, contributing to their overall well-being and inclusion in society.
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Impact
August, 2024
The John E Moran And Gerald P Ventre Foundation has a significant impact on individuals with intellectual and developmental disabilities. The foundation provides grants to support initiatives that benefit this population, as well as organizations that provide services to meet their needs. By underwriting initiatives that focus on improving the lives of individuals with intellectual and developmental disabilities, the foundation plays a crucial role in enhancing their quality of life and promoting inclusivity within the community.
This information is meant to be a general summary of John E Moran And Gerald P Ventre 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: $12,240
- Gross Receipts: $83,461
Assets and Liabilities:
- Total Assets: $492,719
- Total Liabilities: $10,900
- Net Assets: $481,819
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Organization Details
Founding Year
1986
Phone
(401) 597-6700Principal Officer
Gerald P Ventre
Main Address
200 CENTERVILLE ROAD, WARWICK, RI, 02886
Website
www.johnemoran.orgNTEE Category
Code: T90Z - Philanthropy
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