Overview
What is Hawaii Foundation For Agriculture Research?
The Hawaii Foundation for Agriculture Research is a nonprofit organization, headquartered in Kunia, Hawaii, with a primary mission to support the Hawaii Agriculture Research Center, a nonprofit corporation exempt from income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code. Their purpose is to benefit, perform the functions of, and carry out the charitable, educational, or scientific objectives of the Hawaii Agriculture Research Center. By operating as a supporting organization, they work towards promoting activities that align with the requirements of IRC Sections 501(c)(3) and 509(a)(3). The foundation's role includes having all necessary and incidental powers to carry out its purpose, ultimately aiming to contribute positively to the agricultural research sector in Hawaii.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Hawaii Foundation for Agriculture Research has received an 80% score from Charity Navigator, indicating a solid level of accountability and transparency. The organization boasts a strong program expense ratio of 97.52%, suggesting that a significant portion of its resources is dedicated to its programs rather than administrative costs. The foundation is governed by an independent board, with 66% of members being independent, which enhances its accountability.
Strengths of the foundation include having no reported material diversion of assets, a comprehensive conflict of interest policy, and the documentation of board meeting minutes. These elements contribute to a robust governance structure that aligns with best practices in nonprofit management. Additionally, the foundation maintains a liabilities to assets ratio of 0.00%, reflecting a strong financial position and minimal debt.
While the overall rating is positive, it is important for potential donors and stakeholders to remain aware of the competitive landscape of nonprofit organizations. Continuous monitoring of the foundation's performance and updates on its initiatives will provide further insights into its long-term impact in the agriculture research sector in Hawaii.
This AI summary has been generated from information found on Charity Navigator.
Is Hawaii Foundation For Agriculture Research legitimate?
Hawaii Foundation For Agriculture Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hawaii Foundation For Agriculture Research 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 Hawaii Foundation For Agriculture Research?
The Hawaii Foundation for Agriculture Research is established with the purpose of supporting and benefiting the Hawaii Agriculture Research Center, a Hawaiian nonprofit corporation that operates under charitable, educational, or scientific principles. The foundation's mission is to carry out activities that are consistent with the requirements of Internal Revenue Code Sections 501(C)(3) and 509(A)(3). The organization has the power to determine various activities and pursuits, with the ultimate goal of furthering the purpose for which it has been formed. In essence, the Hawaii Foundation for Agriculture Research serves to support and advance agriculture research in Hawaii.
Who is the CEO of Hawaii Foundation For Agriculture Research?
Alice Sharp is the President of Hawaii Foundation For Agriculture Research.
What is the revenue of Hawaii Foundation For Agriculture Research?
Hawaii Foundation For Agriculture Research's revenue in 2022 was $18,372.
Who are the executives of Hawaii Foundation For Agriculture Research and what are their salaries?
There 6 volunteers at Hawaii Foundation For Agriculture Research.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $45,346
- Other: $0
- Compensation: $0
- Related: $78,509
- Other: $17,602
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hawaii Foundation For Agriculture Research?
Hawaii Foundation For Agriculture Research's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hawaii Foundation For Agriculture Research
The Hawaii Foundation for Agriculture Research, as a charitable, educational, or scientific organization, is dedicated to supporting and furthering the objectives of the Hawaii Agriculture Research Center. The foundation's mission is to carry out various activities in accordance with the Internal Revenue Code sections 501(c)(3) and 509(a)(3), and to have all necessary powers to accomplish its purpose. The board of directors has the authority to determine additional activities that align with the organization's purpose, thereby contributing to the betterment of agriculture research in Hawaii.
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Impact
October, 2024
The Hawaii Foundation For Agriculture Research significantly enhances agricultural advancement within Hawaii. By providing essential financial support and resources to the Hawaii Agriculture Research Center, it fosters innovative research and development in the agricultural sector. This collaboration leads to improved agricultural practices, sustainable farming techniques, and the introduction of new crops that are better suited to Hawaii's unique environment.
The foundation's commitment to education and scientific inquiry plays a crucial role in addressing local agricultural challenges, supporting farmers in their efforts to increase productivity and sustainability. By pursuing initiatives that align with the community's needs, the Foundation directly contributes to the economic strength of Hawaii's agricultural industry and promotes food security across the region. Its impact extends beyond research, as it also empowers a new generation of agricultural leaders through educational programs and community engagement, ensuring the longevity and resilience of Hawaii’s agricultural landscape.
This information is meant to be a general summary of Hawaii Foundation For Agriculture Research. 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: $18,372
- Gross Receipts: $141,659
Assets and Liabilities:
- Total Assets: $1,076,325
- Total Liabilities: $0
- Net Assets: $1,076,325
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Organization Details
Founding Year
2008
Phone
(808) 621-1350Principal Officer
Alice Sharp
Main Address
PO BOX 100, KUNIA, HI, 96759
NTEE Category
Code: K11 - Food
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