Overview
What is Historic Beaufort Foundation?
The Historic Beaufort Foundation, situated in Beaufort, South Carolina, is a nonprofit organization with a primary focus on preserving and protecting the historical, architectural, and cultural heritage of Beaufort County. They achieve this mission through various means, including fundraising from membership, donations, special events, and revenues from their museum, the John Mark Verdier House, located on Bay Street. Their activities extend beyond financial support, as they also work towards the presentation of sites and artifacts of historical and cultural significance. With a team of seven dedicated individuals, the Historic Beaufort Foundation plays a vital role in safeguarding Beaufort County's rich past for future generations.
Official website here: www.historicbeaufort.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Historic Beaufort Foundation has received an 83% rating from Charity Navigator, which indicates a solid level of accountability and financial health. This rating is primarily based on their Accountability & Finance score of 83, reflecting strong governance practices, including a fully independent board and well-maintained financial statements. The foundation's commitment to transparency is evident, with all board members being independent and proper documentation of board meeting minutes.
Despite these strengths, there are a few areas for improvement. Notably, the foundation lacks a whistleblower policy and a document retention and destruction policy, which could enhance its governance framework. Additionally, while the program expense ratio is commendable at 66.26%, a higher percentage would indicate even more funds directed toward programmatic efforts rather than administrative costs.
Overall, the Historic Beaufort Foundation demonstrates solid financial practices and accountability, making it a trustworthy organization for potential donors. However, addressing the noted governance gaps could further enhance its overall rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Historic Beaufort Foundation legitimate?
Historic Beaufort Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Beaufort 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: $81,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,531
For more financial information, click here
Official website here: www.historicbeaufort.org
What is the mission statement of Historic Beaufort Foundation?
The Historic Beaufort Foundation's mission is centered around preserving, protecting, and showcasing sites and artifacts of historical, architectural, and cultural significance across Beaufort County, South Carolina. This non-profit organization strives to preserve the rich heritage of the region by relying on funding from various sources, including membership, donations, special events, and revenues from their museum, the Verdier House. The foundation's activities are dedicated to safeguarding the legacy of Beaufort County's history and culture.
Official website here: www.historicbeaufort.org
Who is the CEO of Historic Beaufort Foundation?
Beth Grace is the Vice President of Historic Beaufort Foundation.
Official website here: www.historicbeaufort.org
What is the revenue of Historic Beaufort Foundation?
Historic Beaufort Foundation's revenue in 2022 was $594,636.
Official website here: www.historicbeaufort.org
Who are the executives of Historic Beaufort Foundation and what are their salaries?
The average compensation at Historic Beaufort Foundation during 2022 was $30,540. There are 7 employees and 450 volunteers at Historic Beaufort Foundation.
Here are 15 key members and their salaries:
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Official website here: www.historicbeaufort.org
Where can I find the form 990 for Historic Beaufort Foundation?
Historic Beaufort Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.historicbeaufort.org
Learn more at the official website: www.historicbeaufort.org
Mission Statement of Historic Beaufort Foundation
The Historic Beaufort Foundation is dedicated to safeguarding and showcasing historical, architectural, and culturally significant sites and artifacts throughout Beaufort County, South Carolina. Their mission is twofold: preservation and presentation. They strive to preserve these treasures for future generations to appreciate, and they aim to present them in a way that educates and inspires the public. To achieve this, they rely on various sources of funding, including membership fees, donations, special events, and revenue generated from their Verdier House Museum. The Verdier House Museum, located on Bay Street, plays a crucial role in their mission, providing a physical space where this rich heritage can be experienced and celebrated.
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Impact
July, 2024
Historic Beaufort Foundation's impact can be seen through its dedicated efforts to support the preservation, protection, and presentation of sites and artifacts of historic, architectural, and cultural interest throughout Beaufort County, South Carolina. One of the key ways the foundation achieves this is through operating the Verdier House Museum, located on Bay Street. By annually relying on funding from memberships, donations, special programs and events, as well as revenues from the historic house museum, the John Mark Verdier House, the foundation is able to fulfill its mission of preserving and protecting the historic, architectural, and cultural legacy of Beaufort County. This commitment contributes to the vibrant arts and cultural landscape of the city of Beaufort, SC.
This information is meant to be a general summary of Historic Beaufort 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: -$60,709
- Program Service Revenue: $126,563
- Gross Receipts: $647,414
Assets and Liabilities:
- Total Assets: $1,551,979
- Total Liabilities: $264,013
- Net Assets: $1,287,966
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS & TOURS
Revenue
$30,753
ESTATE SALE
Revenue
$6,046
HISTORIC PLAQUE INCOME
Revenue
$2,175
Membership Dues & Assessments
Revenue
$85,089
SPECIAL PROJECTS
Revenue
$2,500
Organization Details
Phone
(843) 379-3331Principal Officer
Beth Grace
Main Address
PO BOX 11, BEAUFORT, SC, 29902
Website
www.historicbeaufort.orgNTEE Category
Code: A82Z - Arts
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