Overview
What is Boston Society Wesley N Gray Trust?
The Boston Society Wesley N Gray Trust is a charitable organization established in 1913, as per the last will and testament of Wesley N. Gray. The trust was formalized in 2009, with a primary objective of administering its income for the specific charitable purposes outlined in its declaration. The trust is affiliated with the Boston Society of the New Jerusalem, a church adhering to the Swedenborgian tradition, which emphasizes love, charity, and service. The trust's mission includes furthering the activities of this church and other missionary endeavors. Located in Boston, Massachusetts, the trust actively seeks opportunities to contribute to these causes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0%
The Boston Society Wesley N Gray Trust has received a Zero-Star out of Four Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The charity's score is just 13%, indicating a lack of transparency and governance which can hinder donor trust and confidence. None of the board members are independent, which raises issues of potential conflicts of interest and a lack of diverse oversight.
The organization has several missing policies that are essential for effective governance, including a conflict of interest policy and a whistleblower policy, both of which are crucial for protecting the integrity of nonprofit operations. Furthermore, the trust's website is listed as missing on its tax form, which detracts from its accountability measures. Despite having documented board meeting minutes, the overall absence of critical policies undermines its operational credibility.
Financially, the charity shows a 0.00% program expense ratio and a liabilities to assets ratio of 0.00%, which suggests that there may not be effective allocation of resources towards its programs. The lack of financial transparency and missing key documents on its website are significant limitations that potential donors should consider when evaluating support for this organization.
This AI summary has been generated from information found on Charity Navigator.
Is Boston Society Wesley N Gray Trust legitimate?
Boston Society Wesley N Gray Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Society Wesley N Gray Trust 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 Boston Society Wesley N Gray Trust?
The Boston Society Wesley N Gray Trust, established in 2009, was set up to carry forward the mission of the Boston Society of the New Jerusalem, a church adhering to the Swedenborgian tradition of promoting a life centered around love, charity, and service. The trust actively seeks opportunities to utilize its income for charitable purposes, in line with the specifications outlined in its declaration. The mission of the trust encompasses supporting and furthering various missionary activities aligned with the teachings and values of the Boston Society of the New Jerusalem.
What is the revenue of Boston Society Wesley N Gray Trust?
Boston Society Wesley N Gray Trust's revenue in 2023 was $17,975.
Who are the executives of Boston Society Wesley N Gray Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Boston Society Wesley N Gray Trust?
Boston Society Wesley N Gray Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Boston Society Wesley N Gray Trust
The Boston Society Wesley N Gray Trust, established in 2009, is a charitable entity with a mission to uphold and advance the objectives of the Boston Society of the New Jerusalem, a church in Boston that adheres to the Swedenborgian tradition of promoting a life marked by love, charity, and service, as well as other missionary activities. The trust is continually seeking opportunities to utilize its income for charitable purposes, as outlined in its declaration of trust.
In essence, the Boston Society Wesley N Gray Trust serves as a philanthropic arm of the Boston Society of the New Jerusalem, working tirelessly to support and expand the church's mission of love, charity, and service. Through its charitable endeavors, the trust aims to make a positive impact in various communities, embodying the Swedenborgian teachings and values that form the foundation of the Boston Society of the New Jerusalem.
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Impact
October, 2024
The Boston Society Wesley N Gray Trust significantly impacts the community by supporting the mission of the Boston Society of the New Jerusalem, a church rooted in the Swedenborgian tradition. Established through the vision of Wesley N. Gray in his will, the Trust promotes values of love, charity, and service, which are central to its teachings and activities.
By administering its income for charitable purposes, the Trust actively seeks opportunities to further these ideals, enabling outreach and missionary work that resonates with the community's spiritual and social needs. Through its support, the Trust fosters an environment conducive to personal growth and collective well-being, ensuring the principles of compassion and service remain vibrant and active within Boston and beyond. This ongoing commitment to charitable activities enhances the quality of life for many, reinforcing the significance of community bonds and spiritual enrichment.
This information is meant to be a general summary of Boston Society Wesley N Gray Trust. 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 2023.
- Investment Income: $14,388
- Gross Receipts: $157,047
Assets and Liabilities:
- Total Assets: $646,421
- Total Liabilities: $0
- Net Assets: $646,421
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Organization Details
Founding Year
2009
Principal Officer
Kevin K Baxter
NTEE Category
Code: X112 - Religion related
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