Overview
What is Michigan Governor's Residence Foundation?
The Michigan Governor's Residence Foundation is a nonprofit organization based in Lansing, Michigan. Its primary objective is to restore, repair, and refurbish state-owned residences and other significant buildings, contributing to the historical heritage of the state. The foundation also assists in financing expenses related to official functions at these residences. Beyond these efforts, the organization works to support and encourage educational, charitable, and community projects that promote the welfare of Michigan's citizens and visitors. The foundation receives and administers funds for charitable purposes, aiming to lessen the financial burdens of the state government and the general public.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The Michigan Governor's Residence Foundation has achieved a score reflecting its accountability and financial practices. The overall rating is derived solely from its Accountability & Finance score, which stands at 73%.
The organization demonstrates strong governance, with a fully independent board composed of four members, and it effectively documents its board meeting minutes. Additionally, the foundation has not reported any material diversion of assets, and its liabilities to assets ratio is exceptionally low at 0.00%. Furthermore, it allocates a significant portion of its expenses to programs, with a program expense ratio of 82.22%.
Despite these strengths, the two-star rating indicates room for improvement in transparency or other operational aspects which are not captured in the current metrics. Overall, while the Michigan Governor's Residence Foundation shows a solid commitment to accountability, stakeholders may want to seek additional information on its broader operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Governor's Residence Foundation legitimate?
Michigan Governor's Residence Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Governor's Residence 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: $0
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What is the mission statement of Michigan Governor's Residence Foundation?
The Michigan Governor's Residence Foundation is committed to raising funds for charitable purposes and alleviating financial burdens for the state government. It seeks support from the general public to finance expenses that would otherwise be shouldered by Michigan taxpayers. The foundation is also dedicated to promoting the economic, social, and public welfare of the state and its citizens through educational, charitable, and community projects. Furthermore, the foundation focuses on restoring, repairing, and refurbishing historical buildings, including the official residences of the Michigan governor, and financing expenses related to official functions held at these residences.
Who is the CEO of Michigan Governor's Residence Foundation?
Brian Huggler is the President of Michigan Governor's Residence Foundation.
What is the revenue of Michigan Governor's Residence Foundation?
Michigan Governor's Residence Foundation's revenue in 2022 was $0.
Who are the executives of Michigan Governor's Residence Foundation and what are their salaries?
There 10 volunteers at Michigan Governor's Residence Foundation.
Here are 4 key members and their salaries:
- 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 Michigan Governor's Residence Foundation?
Michigan Governor's Residence Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Michigan Governor's Residence Foundation
The Michigan Governor's Residence Foundation is dedicated to a multifaceted mission. Primarily, it aims to collect and manage funds for charitable purposes, thereby reducing financial burdens on the state government of Michigan. The foundation seeks to raise funds from the general public to cover expenses that would otherwise be shouldered by Michigan taxpayers. Moreover, it supports and promotes educational, charitable, and community projects that enhance the economic, social, and public welfare of Michigan's state, communities, citizens, and visitors.
One of the Michigan Governor's Residence Foundation's key objectives is to restore, repair, and refurbish the state-owned Lansing and Mackinac Island official residences of the Governor of Michigan. In addition, the foundation is committed to preserving other buildings and developments of historical significance to the people of Michigan. Lastly, the foundation assumes financial responsibilities incurred during official functions at the Governor's residences. By undertaking these tasks, the Michigan Governor's Residence Foundation plays a significant role in preserving and protecting the state's historical and cultural heritage.
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Impact
October, 2024
The Michigan Governor's Residence Foundation plays a significant role in enhancing the cultural and historical landscape of the state. By focusing on the restoration, repair, and refurbishment of the official residences in Lansing and Mackinac Island, the foundation preserves important historical landmarks that are vital to Michigan's heritage. This not only safeguards the architectural integrity of these buildings but also contributes to the broader economic and social well-being of communities through increased tourism and engagement with the state's history.
Furthermore, by administering funds for charitable purposes and alleviating financial burdens on taxpayers, the foundation supports a range of educational and community projects. These initiatives promote the public welfare, fostering a sense of community, and highlighting the significance of history and culture in Michigan's identity. Overall, the foundation's impact extends beyond just preservation; it catalyzes community involvement and enriches the lives of Michigan's citizens and visitors alike.
This information is meant to be a general summary of Michigan Governor's Residence 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.
Assets and Liabilities:
- Total Assets: $91,149
- Total Liabilities: $0
- Net Assets: $91,149
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Organization Details
Founding Year
2011
Phone
(202) 246-6594Principal Officer
Brian Huggler
Main Address
PO BOX 16052, LANSING, MI, 48901
NTEE Category
Code: T30 - Philanthropy
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