Overview
What is City Of Oaks Foundation Inc?
City of Oaks Foundation Inc is a nonprofit organization located in Raleigh, North Carolina. Its primary mission is to provide financial aid to help children engage with nature and participate in recreational programs. The foundation achieves this by acquiring donations of conservation land, which complements the existing parks, nature preserves, and greenways in the area. Moreover, the foundation removes the financial barrier for children's participation in these programs, enabling them to fully enjoy the benefits of the outdoors. With a small team of dedicated individuals, City of Oaks Foundation Inc works tirelessly to promote the well-being of children and preserve urban green spaces.
Official website here: www.cityofoaksfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%
The City of Oaks Foundation Inc has earned a Four-Star out of Four Star rating from Charity Navigator, signifying strong accountability and financial performance. With a score of 90% in Accountability & Finance, the foundation demonstrates effective governance through a majority independent board and a commitment to transparency, as evidenced by policies on conflicts of interest and whistleblowing. The foundation also showcases a low liabilities-to-assets ratio, indicating a strong financial position.
User reviews highlight the foundation's impactful initiatives, particularly the Give Play Initiative, which connects underserved populations to recreational activities, emphasizing inclusivity in accessing natural spaces. Reviewers praise the foundation's proactive approach to conserving open spaces and providing educational opportunities for children, showcasing a clear commitment to enhancing community health and environmental education.
While the foundation is relatively new, with its inception two years ago, it has established strong partnerships and a clear mission that fills a unique niche in the Raleigh area. Feedback indicates a high level of satisfaction among board members and clients, who appreciate the leadership's vision and responsiveness, further solidifying the foundation's role as a vital community resource.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is City Of Oaks Foundation Inc legitimate?
City Of Oaks Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Of Oaks Foundation Inc 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: $87,552
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cityofoaksfoundation.org
What is the mission statement of City Of Oaks Foundation Inc?
The City of Oaks Foundation Inc's mission is centered around acquiring donations of conservation land, aiming to enhance the existing parks, nature preserves, and greenways in the area. In addition to this, the foundation actively works towards encouraging children's involvement in parks and recreation programs by eliminating financial barriers that might otherwise hinder their participation. The main objective is to provide financial aid on a need-based basis, enabling children to engage with nature and contribute to preserving urban land as green spaces.
Official website here: www.cityofoaksfoundation.org
Who is the CEO of City Of Oaks Foundation Inc?
Chris Heagarty is the Executive Di of City Of Oaks Foundation Inc.
Official website here: www.cityofoaksfoundation.org
What is the revenue of City Of Oaks Foundation Inc?
City Of Oaks Foundation Inc's revenue in 2022 was $585,686.
Official website here: www.cityofoaksfoundation.org
Who are the executives of City Of Oaks Foundation Inc and what are their salaries?
The average compensation at City Of Oaks Foundation Inc during 2022 was $87,552. There is 1 employee and 40 volunteers at City Of Oaks Foundation Inc.
Here are 11 key members and their salaries:
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Official website here: www.cityofoaksfoundation.org
Where can I find the form 990 for City Of Oaks Foundation Inc?
City Of Oaks Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cityofoaksfoundation.org
Learn more at the official website: www.cityofoaksfoundation.org
Mission Statement of City Of Oaks Foundation Inc
The City of Oaks Foundation Inc is dedicated to a noble mission. It aims to procure donations of conservation land, thereby augmenting the existing parks, nature preserves, and greenways in the area. This initiative is intended to enhance the region's natural beauty and provide ample opportunities for recreation and exploration.
Beyond this, the foundation is committed to encouraging children's involvement in parks and recreation programs. It recognizes the financial barriers that may prevent some children from participating in such activities. To mitigate this issue, the foundation provides need-based financial aid. This aid enables children to engage with nature and preserves urban land as green spaces, fostering a sense of connection with the environment. By doing so, the City of Oaks Foundation Inc is contributing significantly to the community, ensuring that children have equal access to the benefits of nature and recreation.
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Impact
July, 2024
City Of Oaks Foundation Inc's impact is centered around acquiring donations of conservation land to enhance the area's parks, nature preserves, and greenways. Additionally, the foundation plays a key role in encouraging children to participate in parks and recreation programs by removing financial barriers. By providing need-based financial aid, the foundation enables children to engage with nature and preserves urban land as green space.
This information is meant to be a general summary of City Of Oaks Foundation Inc. 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: $179,787
- Gross Receipts: $1,056,726
Assets and Liabilities:
- Total Assets: $4,710,100
- Total Liabilities: $5,963
- Net Assets: $4,704,137
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Organization Details
Founding Year
2010
Phone
(919) 996-4773Principal Officer
Chris Heagarty
Main Address
PO BOX 6147, RALEIGH, NC, 27628
Website
www.cityofoaksfoundation.orgNTEE Category
Code: T20 - Philanthropy
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