Overview
What is Blue Marble Holdings Corporation?
Blue Marble Holdings Corporation serves as a financial investment vehicle, managing funds on behalf of President & Fellows of Harvard College, a related 501(c)(3) organization. Based in Boston, Massachusetts, the corporation channels its resources towards supporting the mission of Harvard College.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 79% (Three-Star out of Four Star rating)
Blue Marble Holdings Corporation has received a solid Three-Star rating from Charity Navigator, indicating a reasonably strong performance in terms of accountability and finance. The organization achieved a total score of 79%, primarily based on its accountability measures, demonstrating a commitment to transparency and financial integrity. This score reflects the charity's effective management of resources, ensuring that funds are utilized appropriately for its mission.
The organization excelled in nearly all evaluation categories, including financial statements, absence of asset diversion, and the presence of essential policies such as conflict of interest and whistleblower protections. Additionally, Blue Marble Holdings has maintained a perfect program expense ratio of 100%, suggesting that all of its expenditures directly support its programs and initiatives.
Despite its strengths, the rating is solely based on the accountability and finance beacon, which may limit insight into other operational aspects. Potential donors and stakeholders may wish to consider further information regarding the charity's impact, program effectiveness, and overall mission beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Blue Marble Holdings Corporation legitimate?
Blue Marble Holdings Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Marble Holdings Corporation 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
What is the mission statement of Blue Marble Holdings Corporation?
Blue Marble Holdings Corporation functions as an investment entity, directing funds towards President & Fellows of Harvard College, a related charitable organization. The corporation's primary goal is to contribute financially to the mission of this 501(c)(3) entity. By doing so, Blue Marble Holdings Corporation supports the initiatives and objectives of President & Fellows of Harvard College, ultimately contributing to its positive impact. The organization's investments serve to further the goals of the charitable foundation and promote its lasting benefits.
Who is the CEO of Blue Marble Holdings Corporation?
Unavailable
What is the revenue of Blue Marble Holdings Corporation?
Blue Marble Holdings Corporation's revenue in 2022 was $56,144,542.
Who are the executives of Blue Marble Holdings Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $2,452,214
- Other: $44,560
- Compensation: $0
- Related: $8,749,717
- Other: $1,728,098
- Compensation: $0
- Related: $5,521,785
- Other: $63,765
Where can I find the form 990 for Blue Marble Holdings Corporation?
Blue Marble Holdings Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blue Marble Holdings Corporation
Blue Marble Holdings Corporation, a notable investment entity, dedicates its resources to the advantage of President & Fellows of Harvard College, a related 501(c)(3) supported organization. In essence, Blue Marble Holdings serves as a financial steward, managing funds on behalf of this esteemed educational institution. By doing so, it contributes to Harvard College's mission to expand knowledge and educate future generations.
Through its focused investment strategy, Blue Marble Holdings Corporation generates returns that eventually benefit Harvard College. As a responsible investor, it prioritizes the long-term growth of its portfolio, ensuring a sustainable source of funds for the organization. The ultimate goal is to support Harvard College's academic programs, research initiatives, and community engagement efforts.
In summary, Blue Marble Holdings Corporation functions as a crucial financial partner to President & Fellows of Harvard College. By managing its investment portfolio, it fosters financial stability and growth, enabling Harvard College to continue its pursuit of knowledge and education.
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Impact
October, 2024
Blue Marble Holdings Corporation plays a crucial role in supporting the educational initiatives of the President & Fellows of Harvard College by strategically investing funds. This financial backing enables Harvard to enhance its programs, research, and infrastructure, ultimately contributing to the advancement of knowledge and learning. By focusing on educational investments, Blue Marble helps to foster an environment where students and faculty can thrive, innovate, and drive societal progress. Based in Boston, MA, the corporation is dedicated to ensuring that resources are effectively utilized for the enrichment of educational opportunities linked to one of the world's leading academic institutions.
This information is meant to be a general summary of Blue Marble Holdings Corporation. 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: $56,144,542
- Gross Receipts: $77,032,928
Assets and Liabilities:
- Total Assets: $68,826,326
- Total Liabilities: $0
- Net Assets: $68,826,326
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Organization Details
Founding Year
1986
Phone
(617) 720-6682Main Address
600 Atlantic Ave C/O HMC Inc, Boston, MA, 022102203
NTEE Category
Code: B110 - Education
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