Overview
What is Greenville Chamber Foundation Inc?
Greenville Chamber Foundation Inc is a nonprofit organization situated in Greenville, South Carolina, specifically at 550 S Main Street STE 550. Its primary purpose is to contribute financially to the charitable and educational initiatives of the Greater Greenville Chamber of Commerce. This support encompasses various programs that are scientific, charitable, literary, and educational in nature. The foundation's role is to receive funds for these diverse programs, thereby fostering the growth and development of the Chamber of Commerce and the wider community.
Official website here: www.greenvillechamber.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
The Greenville Chamber Foundation Inc has received a score of 69%, which indicates a moderate level of accountability and financial health. Notably, it has achieved a perfect score for having 100% independent board members, ensuring that the organization maintains an objective governance structure. Additionally, it has demonstrated strong financial management with a program expense ratio of 99.92%, suggesting that nearly all expenses are directed towards its programs.
However, the foundation faces significant limitations in terms of transparency and governance policies. It has not provided financial statements, which severely impacts its score in the Accountability & Finance category. Additionally, the absence of key policies such as those for conflict of interest, whistleblower protection, and document retention raises concerns about its operational practices and oversight.
Overall, while the Greenville Chamber Foundation Inc shows strength in program effectiveness and board independence, its lack of transparency and missing governance policies are areas that need improvement to enhance public trust and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Greenville Chamber Foundation Inc legitimate?
Greenville Chamber Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenville Chamber 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.greenvillechamber.org
What is the mission statement of Greenville Chamber Foundation Inc?
The Greenville Chamber Foundation Inc's mission involves receiving funds to support various scientific, charitable, literary, and educational programs aligned with the Greater Greenville Chamber of Commerce. This foundation contributes to furthering the charitable and educational initiatives undertaken by the Greater Greenville Chamber of Commerce. Its primary objective is to benefit from these funds and contribute positively to these specified areas. The foundation plays a crucial role in advancing the initiatives of the Greater Greenville Chamber of Commerce in these domains.
Official website here: www.greenvillechamber.org
Who is the CEO of Greenville Chamber Foundation Inc?
Carlos Phillips is the Ceo / Secret of Greenville Chamber Foundation Inc. The CEO's salary of Greenville Chamber Foundation Inc is $0 and their total compensation is $0.
Official website here: www.greenvillechamber.org
What is the revenue of Greenville Chamber Foundation Inc?
Greenville Chamber Foundation Inc's revenue in 2022 was $559,635.
Official website here: www.greenvillechamber.org
Who are the executives of Greenville Chamber Foundation Inc and what are their salaries?
Here are 7 key members and their salaries (Greenville Chamber Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.greenvillechamber.org
Where can I find the form 990 for Greenville Chamber Foundation Inc?
Greenville Chamber Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greenvillechamber.org
Learn more at the official website: www.greenvillechamber.org
Mission Statement of Greenville Chamber Foundation Inc
The Greenville Chamber Foundation Inc is dedicated to collecting funds that support various scientific, charitable, literary, and educational programs under the umbrella of the Greater Greenville Chamber of Commerce. This nonprofit organization's mission is to contribute financially to enhance the charitable and educational initiatives of the Greater Greenville Chamber of Commerce, thereby playing a vital role in its mission and objectives. By doing so, the Greenville Chamber Foundation Inc helps to further the reach and impact of the Chamber of Commerce, ultimately benefiting the wider community.
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Impact
July, 2024
Greenville Chamber Foundation Inc has made significant contributions to further the charitable and educational programs of the Greater Greenville Chamber of Commerce. By receiving funds to benefit scientific, charitable, literary, and educational programs, the foundation has played a crucial role in supporting the community and fostering development in Greenville, SC. Its impact can be seen in its support of medical research as well as its dedication to enhancing various aspects of the Greater Greenville Chamber of Commerce's initiatives.
This information is meant to be a general summary of Greenville Chamber 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: $209
- Gross Receipts: $559,635
Assets and Liabilities:
- Total Assets: $380,000
- Total Liabilities: $0
- Net Assets: $380,000
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Organization Details
Founding Year
1971
Phone
(864) 242-1050Principal Officer
Carlos Phillips
Main Address
550 S MAIN STREET STE 550, GREENVILLE, SC, 29601
Website
www.greenvillechamber.orgNTEE Category
Code: H00 - Medical research
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