Overview
What is Edmund L Houston Foundation?
The Edmund L Houston Foundation is a nonprofit organization based in Colonia, New Jersey. Primarily, it focuses on providing financial aid in the form of fellowships to students who are enrolled in the Graduate School of Business at Rutgers University. This support is part of its mission to contribute to educational purposes. The foundation offers fellowships and book scholarships to students pursuing advanced studies, aiming to assist and empower them in their academic journey. The foundation's headquarters is located at PO Box 7201, Colonia, NJ 07067.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70% (Two-Star out of Four Star rating)
The Edmund L Houston Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization boasts a perfect score for having an independent board, with all members being independent and no material diversion of assets reported. However, significant areas of concern include the absence of key policies and missing documentation, which significantly impacted their overall score.
While the foundation excels in program expenses, dedicating nearly 97% of its resources to its programs, the lack of a conflict of interest policy, a whistleblower policy, and document retention practices raises questions about its governance and transparency. These shortcomings highlight the need for improved oversight and adherence to best practices within the organization.
In summary, despite solid financial management and a commitment to programmatic spending, the Edmund L Houston Foundation would benefit from addressing its policy and documentation gaps to enhance its accountability and build trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Edmund L Houston Foundation legitimate?
Edmund L Houston Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edmund L Houston 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Edmund L Houston Foundation?
The Edmund L Houston Foundation's mission is centered around supporting educational pursuits. Specifically, the foundation aims to provide financial aid in the form of fellowships and book scholarships for students who are engaged in graduate studies. This philanthropic organization has shown its commitment by offering such assistance to students enrolled in the Rutgers University Graduate School of Business.
Who is the CEO of Edmund L Houston Foundation?
Denise West is the President of Edmund L Houston Foundation.
What is the revenue of Edmund L Houston Foundation?
Edmund L Houston Foundation's revenue in 2022 was $0.
Who are the executives of Edmund L Houston Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Edmund L Houston Foundation?
Edmund L Houston Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Edmund L Houston Foundation
The Edmund L Houston Foundation, named after its benefactor, is dedicated to supporting educational pursuits. Its primary mission lies in providing financial assistance to students who are furthering their studies at the graduate level. More specifically, the foundation offers fellowships and book scholarships to these students. In practice, the Edmund L Houston Foundation has extended its support to students enrolled in the Rutgers University Graduate School of Business, offering them financial aid to facilitate their academic journey.
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Impact
October, 2024
The Edmund L. Houston Foundation significantly impacts education by providing financial assistance in the form of fellowships to students at Rutgers University Graduate School of Business. By delivering essential funding, the foundation supports students pursuing graduate studies, easing financial burdens and enabling them to focus on their academic and professional goals. Additionally, through book scholarships, it further alleviates educational expenses, making higher education more accessible to deserving individuals in New Jersey. This commitment fosters academic excellence and helps cultivate the next generation of leaders in business.
This information is meant to be a general summary of Edmund L Houston 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.
Assets and Liabilities:
- Total Assets: $243,102
- Total Liabilities: $0
- Net Assets: $243,102
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Organization Details
Founding Year
1973
Phone
(908) 789-0842Principal Officer
Denise West
Main Address
PO BOX 7201, COLONIA, NJ, 07067
NTEE Category
Code: B90 - Education
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