Overview
What is H Meredith Berry Trust 1972?
H Meredith Berry Trust 1972 is a philanthropic organization based in New York, New York. Its primary objective is to offer support to the Berwick Boys Foundation, Inc. This nonprofit's mission is focused on providing financial assistance and resources to this specific organization. The exact nature and scope of the support provided by H Meredith Berry Trust 1972 to Berwick Boys Foundation, Inc., are not explicitly detailed in the provided information. However, it can be inferred that the trust plays a role in furthering the goals and objectives of Berwick Boys Foundation, Inc. by offering financial aid.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61% (Two-Star out of Four Star rating)
The H Meredith Berry Trust 1972 has received a Two-Star rating from Charity Navigator, indicating a moderate level of financial health and accountability. The overall score is derived exclusively from its Accountability & Finance metrics, which stands at 61%. This rating suggests that while the organization meets certain standards, there is room for improvement in its financial practices.
The organization demonstrates a strong commitment to accountability, with a fully independent board and no material diversion of assets reported. It effectively documents board meeting minutes, indicating transparency in its governance. Additionally, H Meredith Berry Trust has a favorable liabilities to assets ratio of 0.00%, reflecting good financial stability.
However, the average score of 61% indicates that the charity could enhance its financial performance, particularly concerning the Program Expense Ratio, which is 68.41%. While this is a decent figure, continued efforts to increase the percentage of funds allocated directly to programs could improve its overall rating and impact.
This AI summary has been generated from information found on Charity Navigator.
Is H Meredith Berry Trust 1972 legitimate?
H Meredith Berry Trust 1972 is a legitimate nonprofit organization registered as a 501(c)(3) entity. H Meredith Berry Trust 1972 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
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What is the mission statement of H Meredith Berry Trust 1972?
The H Meredith Berry Trust 1972, being a foundation or grantmaking organization, has a mission to support the Berwick Boys Foundation, Inc. In simpler terms, the primary goal of the H Meredith Berry Trust 1972 is to provide aid and assistance to the Berwick Boys Foundation, Inc. This support likely encompasses various forms of financial assistance, resources, and possibly advocacy, but the specifics are not provided in the given information.
What is the revenue of H Meredith Berry Trust 1972?
H Meredith Berry Trust 1972's revenue in 2023 was $2,419.
Who are the executives of H Meredith Berry Trust 1972 and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for H Meredith Berry Trust 1972?
H Meredith Berry Trust 1972's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of H Meredith Berry Trust 1972
The H Meredith Berry Trust 1972 is a foundation or grantmaking organization with a mission to support the Berwick Boys Foundation, Inc. This mission implies that the H Meredith Berry Trust 1972 utilizes its resources to aid and contribute to the activities and objectives of the Berwick Boys Foundation, Inc. By doing so, the H Meredith Berry Trust 1972 plays a crucial role in furthering the cause or goals of this specific organization. This partnership between the two entities signifies a commitment to mutual support and collaboration, with the H Meredith Berry Trust 1972 leveraging its resources to strengthen the work of the Berwick Boys Foundation, Inc.
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Impact
October, 2024
H Meredith Berry Trust 1972 significantly impacts the Berwick Boys Foundation, Inc. by providing crucial financial support that facilitates various programs and initiatives aimed at the development and well-being of young boys in the community. This backing enhances the foundation's ability to offer resources, mentorship, and educational opportunities, fostering a positive environment for personal growth and empowerment. The trust's commitment to philanthropy strengthens the foundation’s mission, enabling it to address critical needs and enhance the quality of life for its beneficiaries, thereby contributing to the overall betterment of the community in which it operates.
This information is meant to be a general summary of H Meredith Berry Trust 1972. 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 2023.
- Investment Income: $19
- Gross Receipts: $2,419
Assets and Liabilities:
- Total Assets: $632,970
- Total Liabilities: $0
- Net Assets: $632,970
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Organization Details
Founding Year
1972
Principal Officer
W Adam Wichern Iii
NTEE Category
Code: T00 - Philanthropy
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