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Barnett Gordon J Mem Fdn Ta

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237418085 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is Barnett Gordon J Mem Fdn Ta?

Barnett Gordon J Mem Fdn Ta is a nonprofit organization, headquartered in Orlando, Florida. The foundation's primary objective, as outlined in its trust document, is to provide grants to organizations that align with religious, charitable, scientific, literary, educational, or animal welfare causes, or those dedicated to preventing cruelty to children. The exact activities and recipients of these grants are not specified in the provided information.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

The Barnett Gordon J Memorial Foundation has received a low rating primarily due to significant shortcomings in accountability and finance practices. With a score of 53%, it indicates that the organization does not meet many best practices for transparency and governance. Notably, it has a 0% independent board, which raises concerns about potential conflicts of interest and effective oversight.

Despite these governance issues, the foundation maintains a strong program expense ratio of 89.65%, suggesting that a significant portion of its funding is directed towards its charitable activities. However, the absence of essential policies such as conflict of interest and whistleblower policies reflects a lack of robust internal controls that could protect the organization and its beneficiaries.

Overall, while the foundation demonstrates effective program spending, its governance practices are lacking, which could undermine donor confidence and impact long-term sustainability. Addressing these issues would be crucial for improving its accountability and overall effectiveness as a nonprofit organization.


This AI summary has been generated from information found on Charity Navigator.

Is Barnett Gordon J Mem Fdn Ta legitimate?

Barnett Gordon J Mem Fdn Ta is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barnett Gordon J Mem Fdn Ta 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: $22,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Barnett Gordon J Mem Fdn Ta?

The Barnett Gordon J Mem Fdn Ta was established with a mission to serve religious, charitable, scientific, literary, and educational purposes, or to prevent cruelty towards children and animals. This foundation supports organizations in alignment with its objectives, as outlined in its trust document. Its purpose is multifaceted, encompassing various sectors to contribute positively to society.

Who is the CEO of Barnett Gordon J Mem Fdn Ta?

Jennifer Averette is the Principal Officer of Barnett Gordon J Mem Fdn Ta.

What is the revenue of Barnett Gordon J Mem Fdn Ta?

Barnett Gordon J Mem Fdn Ta's revenue in 2023 was $69,780.

Who are the executives of Barnett Gordon J Mem Fdn Ta and what are their salaries?


There is 1 key member and their salary:


Truist Bank (Trustee)
  • Compensation: $22,166
  • Related: $0
  • Other: $0
Where can I find the form 990 for Barnett Gordon J Mem Fdn Ta?

Barnett Gordon J Mem Fdn Ta's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Barnett Gordon J Mem Fdn Ta

Barnett Gordon J Mem Fdn Ta, as established, serves a multifaceted purpose. Primarily, it was founded for religious, charitable, scientific, literary, and educational pursuits. In addition to this, the trust also aims to combat cruelty towards children and animals. The mission of this foundation is to provide financial support to organizations that align with these objectives, as outlined in the trust's documents. By doing so, Barnett Gordon J Mem Fdn Ta contributes to various sectors, including religion, charity, science, literature, education, and the protection of vulnerable entities such as children and animals.

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Impact




August, 2024

Barnett Gordon J Mem Fdn Ta's impact is felt through its support for religious, charitable, scientific, literary, and educational purposes. The foundation provides grants to supporting organizations in accordance with its trust document, aiming to prevent cruelty to children or animals. Operating out of Orlando, FL, Barnett Gordon J Mem Fdn Ta plays a significant role in promoting philanthropy and advancing causes that contribute to the betterment of society.




This information is meant to be a general summary of Barnett Gordon J Mem Fdn Ta. 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.

Revenue
$69,780 (2023)
Expenses
$149,846 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $69,780
  • Gross Receipts: $590,308

Assets and Liabilities:

  • Total Assets: $2,446,745
  • Total Liabilities: $0
  • Net Assets: $2,446,745

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Organization Details

Founding Year

1974

Principal Officer

Jennifer Averette

Main Address

PO BOX 919798, ORLANDO, FL, 328919798

NTEE Category

Code: T90Z - Philanthropy

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