Overview
What is Marquand Park Foundation?
The Marquand Park Foundation is a 501(c)(3) nonprofit organization, situated in Princeton, New Jersey. Its primary mission revolves around supporting and enhancing Marquand Park, a public green space in the area. Specifically, the foundation finances and maintains mulch rings within the park annually. Established with charitable, educational, and scientific goals in mind, the Marquand Park Foundation serves to preserve and improve the park's beauty and accessibility for the local community.
Official website here: www.marquandpark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Marquand Park Foundation has achieved an overall score of 83%, indicating a solid level of accountability and finance management. The charity demonstrates strengths in its governance with an independent board that scores a perfect 10 out of 10. Additionally, it maintains a strong program expense ratio of 93.49%, reflecting a commitment to utilizing funds effectively for its intended purposes.
However, there are some notable limitations in the foundation's policies. While the charity excels in many areas, it lacks a whistleblower policy and a document retention and destruction policy, both of which received a score of zero. Addressing these gaps could enhance the organization’s accountability framework and further strengthen its reputation among donors and supporters.
Overall, the Marquand Park Foundation shows a strong commitment to financial integrity and accountability, but improving its governance policies could provide additional assurance to stakeholders about its operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Marquand Park Foundation legitimate?
Marquand Park Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marquand Park 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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For more financial information, click here
Official website here: www.marquandpark.org
What is the mission statement of Marquand Park Foundation?
The Marquand Park Foundation's mission is centered around supporting the maintenance, preservation, and enhancement of a specific public park. Operating under the umbrella of charitable, cultural, educational, and scientific purposes, the foundation primarily focuses on providing stewardship and related assistance to this particular park. The organization's activities are aimed at ensuring the park's upkeep and improvement, ultimately contributing to the betterment of the community and the enjoyment of the park by the public.
Official website here: www.marquandpark.org
Who is the CEO of Marquand Park Foundation?
Thomas Lederer is the Trustee And Secretary of Marquand Park Foundation.
Official website here: www.marquandpark.org
What is the revenue of Marquand Park Foundation?
Marquand Park Foundation's revenue in 2022 was $57,806.
Official website here: www.marquandpark.org
Who are the executives of Marquand Park Foundation and what are their salaries?
There 10 volunteers at Marquand Park Foundation.
Here are 13 key members and their salaries:
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Official website here: www.marquandpark.org
Where can I find the form 990 for Marquand Park Foundation?
Marquand Park Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marquandpark.org
Learn more at the official website: www.marquandpark.org
Mission Statement of Marquand Park Foundation
The Marquand Park Foundation, a charitable organization, is primarily dedicated to supporting and enhancing Marquand Park, a public space located in Princeton. With a mission aligned with Section 501(c)(3) of the Internal Revenue Code, the Foundation's primary objective is to preserve, maintain, and improve the park, ensuring its continued existence and utility for the community. In essence, the Marquand Park Foundation serves as a steward for the park, offering necessary assistance and aid to ensure its long-term success and well-being.
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Impact
August, 2024
Marquand Park Foundation's impact can be seen through its efforts to assist in the maintenance, preservation, and improvement of Marquand Park in Princeton, NJ. The foundation has financed the installation of mulch rings throughout the park and their maintenance during the year. Their contributions help ensure that this public park remains a vibrant and beautiful space for the community to enjoy.
This information is meant to be a general summary of Marquand Park 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: $22,250
- Gross Receipts: $57,806
Assets and Liabilities:
- Total Assets: $1,248,065
- Total Liabilities: $0
- Net Assets: $1,248,065
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Organization Details
Founding Year
1954
Phone
(609) 924-6121Principal Officer
Thomas Lederer
Main Address
PO Box 415, Princeton, NJ, 085420415
Website
www.marquandpark.orgNTEE Category
Code: Z99 - Unknown
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