Overview
What is Bowles Hall Foundation?
Bowles Hall Foundation is a nonprofit organization situated in Berkeley, California. Its primary mission is to enhance the educational and social experiences of undergraduate students at the University of California, Berkeley. To achieve this, they oversee the renovation of Bowles Hall, a student housing facility, through a 35-year bond issue obtained from the California Municipal Finance Authority. The foundation manages the operations of this student housing, ensuring its smooth functioning and the repayment of the bond obligation. They engage third-party professionals to assist in these operations. Bowles Hall Foundation, with a small team of dedicated individuals, is committed to improving the living conditions and overall experiences of students residing at Bowles Hall.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
The Bowles Hall Foundation has earned a Three-Star rating from Charity Navigator, reflecting a solid 79% score primarily based on its Accountability & Finance metrics. This rating indicates a commendable level of transparency and ethical management practices. The foundation demonstrates a strong commitment to governance, with a fully independent board and comprehensive financial oversight measures in place.
Users have pointed out several organizational strengths, including the foundation's high program expense ratio of 95.75%, signifying that a significant majority of its funds are directed towards its programs rather than administrative costs. Additionally, the presence of robust policies for conflicts of interest, whistleblower protection, and document retention further underscores the foundation’s dedication to accountability and ethical operation.
However, a notable limitation is the liabilities to assets ratio, reported at 112.00%, which did not score well in the evaluation. This figure suggests that the foundation's liabilities exceed its assets, which could raise concerns regarding its financial stability. Overall, while the foundation demonstrates strong governance and program spending, the financial ratio indicates an area that may need attention moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Bowles Hall Foundation legitimate?
Bowles Hall Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bowles Hall 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: $3,128
For more financial information, click here
What is the mission statement of Bowles Hall Foundation?
The Bowles Hall Foundation is committed to enhancing the educational and social experiences of current undergraduate students at the University of California, Berkeley, through its charitable and educational activities. To achieve this, the foundation finances necessary renovations for Bowles Hall, a residential college housing around 190 students at the university. To fund these renovations, the foundation secured a bond issue from the California Municipal Finance Authority, payable over a period of 35 years. The foundation oversees the third-party professionals managing the student housing operations and ensures the repayment of the bond obligation. In summary, the Bowles Hall Foundation aims to improve the living and learning environment for University of California, Berkeley students, facilitating their overall university experience.
Who is the CEO of Bowles Hall Foundation?
Scott Wilson is the President & Ceo of Bowles Hall Foundation. The CEO's salary of Bowles Hall Foundation is $0 and their total compensation is $0.
What is the revenue of Bowles Hall Foundation?
Bowles Hall Foundation's revenue in 2022 was $4,804,420.
Who are the executives of Bowles Hall Foundation and what are their salaries?
The average compensation at Bowles Hall Foundation during 2022 was $3,128. There is 1 employee at Bowles Hall Foundation.
Here are 19 key members and their salaries (Bowles Hall Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Bowles Hall Foundation?
Bowles Hall Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bowles Hall Foundation
The Bowles Hall Foundation, a charitable and educational organization, is committed to enhancing the educational and social experiences of current undergraduate students at the University of California, Berkeley. Through its mission, the foundation aims to contribute to the University community by providing a conducive residential environment for approximately 190 students. To facilitate this, the foundation secured a bond issue from the California Municipal Finance Authority, with repayments spanning over a period of 35 years. The Bowles Hall Foundation oversees the third-party professionals responsible for managing the student housing operations and ensuring the timely repayment of the bond obligation. By focusing on the betterment of the University of California, Berkeley's student body, the Bowles Hall Foundation plays a vital role in shaping the educational journey of its undergraduate students.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Bowles Hall Foundation significantly enhances the educational and social experiences of undergraduate students at the University of California, Berkeley. By providing a dedicated residential community for approximately 190 students, Bowles Hall fosters a collaborative and supportive living environment. This initiative not only facilitates academic success but also encourages social interaction and personal development among students.
To ensure the viability and sustainability of this community, the foundation undertook a significant renovation effort, funded through a bond issue obtained from the California Municipal Finance Authority. This financial strategy, payable over 35 years, supports necessary upgrades to the hall, making it a conducive space for learning and growth. The Bowles Hall Foundation also manages the professional operations of the student housing, ensuring that residents have access to the resources and support they need to thrive during their time at UC Berkeley.
This information is meant to be a general summary of Bowles Hall 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.
- Investment Income: $5,555
- Program Service Revenue: $4,636,867
- Gross Receipts: $4,804,420
Assets and Liabilities:
- Total Assets: $34,740,638
- Total Liabilities: $39,088,713
- Net Assets: -$4,348,075
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT HOUSING
Revenue
$4,636,867
Organization Details
Founding Year
2009
Phone
(214) 850-7587Principal Officer
Scott Wilson
Main Address
1928 STADIUM RIM WAY BOX 120, BERKELEY, CA, 94720
NTEE Category
Code: B114 - Education
If you are a representative of Bowles Hall Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.