Overview
What is Lih Memorial Grant Fund?
The Lih Memorial Grant Fund is a nonprofit organization, specifically located in Brookline Village, Massachusetts. Its primary mission is to provide financial assistance to religious institutions and needy students who are dedicated to strengthening Jewish values. This nonprofit organization strives to support these entities by offering financial aid, thereby contributing to the preservation and promotion of Jewish traditions and teachings.
What are the reviews and ratings of this charity?
**Rating: 75% (Three-Star out of Four Star Rating from Charity Navigator)**
The Lih Memorial Grant Fund has received a Three-Star rating from Charity Navigator, indicating a respectable level of accountability and financial health based on its performance in financial efficiency and sustainability metrics. With an impressive 100% independent board composition, the organization demonstrates strong oversight practices, although it lacks a sufficient number of independent board members, which may pose concerns about governance effectiveness.
Strengths highlighted in the evaluation include a high program expense ratio and the absence of any material diversions of assets, reflecting the organization's commitment to its mission and responsible resource management. However, notable weaknesses include significant reductions in fundraising efficiency and poor transparency regarding its website presence, as indicated by missing information on required tax forms.
User reviews from GreatNonprofits could not be fetched at this time. Unfortunately, this limits the opportunity to capture public sentiment regarding personal experiences with the organization, which may provide additional context about the nonprofit's impact and community relationships.
This AI summary has been generated from information found on Charity Navigator.
Is Lih Memorial Grant Fund legitimate?
Lih Memorial Grant Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lih Memorial Grant Fund 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: $47,000
For more financial information, click here
What is the mission statement of Lih Memorial Grant Fund?
The Lih Memorial Grant Fund's mission is centered around providing financial aid. This aid is specifically intended for religious institutions and needy students who are committed to upholding and strengthening Jewish values. The goal is to support institutions and students who share this focus, contributing to the preservation and promotion of these values.
Who is the CEO of Lih Memorial Grant Fund?
Allen Pollack is the President of Lih Memorial Grant Fund.
What is the revenue of Lih Memorial Grant Fund?
Lih Memorial Grant Fund's revenue in 2022 was $9,622,944.
Who are the executives of Lih Memorial Grant Fund 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 Lih Memorial Grant Fund?
Lih Memorial Grant Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lih Memorial Grant Fund
The Lih Memorial Grant Fund is committed to providing financial aid to religious institutions and needy students who are devoted to strengthening Jewish values. This nonprofit organization's mission is centered around supporting religious institutions that uphold Jewish values and providing assistance to students who share this focus. By offering financial aid, Lih Memorial Grant Fund aims to contribute to the growth and continuity of these institutions and the education of devoted students. In doing so, the fund plays a significant role in fostering the strengthening of Jewish values within the community.
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Impact
October, 2024
The Lih Memorial Grant Fund has a significant impact by providing essential financial aid to religious institutions and students in need, with a specific emphasis on fostering and strengthening Jewish values. By supporting these institutions and students, it helps to enrich the community's cultural and religious fabric, ensuring the continuity of Jewish traditions and beliefs.
The fund plays a vital role in alleviating financial barriers that may prevent students from accessing educational opportunities or religious programs. This support not only empowers individuals but also enhances the broader community, promoting a sense of belonging and shared values. Through its targeted initiatives, the Lih Memorial Grant Fund contributes to the preservation and vitality of Jewish heritage, fostering a future generation that is connected to its roots and committed to its values.
This information is meant to be a general summary of Lih Memorial Grant Fund. 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: $944
- Gross Receipts: $9,622,944
Assets and Liabilities:
- Total Assets: $661,138
- Total Liabilities: $0
- Net Assets: $661,138
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Organization Details
Founding Year
2010
Phone
(720) 360-0599Principal Officer
Allen Pollack
Main Address
PO BOX 470554, BROOKLINE VILLAGE, MA, 02447
NTEE Category
Code: B82 - Education
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