Overview
What is The Rr Smith Center Foundation?
The Rr Smith Center Foundation, based in Staunton, Virginia, serves to uphold and bolster the R.R. Smith Center for History and Art, a significant cultural hub in the area. This center houses three key nonprofit organizations: the Augusta County Historical Society, the Historic Staunton Foundation, and the Staunton Augusta Art Center. The foundation's guiding philosophy is to strengthen each organization's mission while preserving their autonomy within the center. The foundation's primary objective is to procure and manage funds for the sustainable maintenance of the R.R. Smith Center for History and Art.
Official website here: www.rrsmithcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
The Rr Smith Center Foundation holds a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization has achieved full marks in several areas, including having a majority of independent board members and a sound liabilities to assets ratio. However, the foundation lacks essential policies such as conflict of interest and whistleblower protections, which are critical for overall governance and transparency.
While the organization demonstrates strengths in independent board governance and material diversion of assets, the absence of specific governance policies raises concerns. The program expense ratio shows that a portion of its expenses is allocated toward its mission, though it may not be sufficient to inspire confidence among potential donors. The overall accountability score reflects these weaknesses, indicating that there is room for enhancing trust and operational integrity.
In summary, while The Rr Smith Center Foundation exhibits commendable governance features, the lack of critical policies hampers its overall rating. Potential supporters may wish to consider these factors when deciding to contribute, as the foundation continues to work towards improving its operational standards and accountability measures.
This AI summary has been generated from information found on Charity Navigator.
Is The Rr Smith Center Foundation legitimate?
The Rr Smith Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rr Smith Center 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
For more financial information, click here
Official website here: www.rrsmithcenter.org
What is the mission statement of The Rr Smith Center Foundation?
The Rr Smith Center Foundation's mission is to ensure the sustainable management and maintenance of a cultural center, known as the Rr Smith Center for History and Art. This center serves as a headquarters for three non-profit organizations that significantly contribute to the cultural life of their community. These organizations are the Augusta County Historical Society, The Historic Stauntion Foundation, and The Staunton Augusta Art Center. The foundation's strategy is to enhance the individual missions of each organization while preserving their autonomy. This approach aims to support, augment, and enhance the operations of the Smith Center, ensuring its continued success and impact in the cultural sector.
Official website here: www.rrsmithcenter.org
What is the revenue of The Rr Smith Center Foundation?
The Rr Smith Center Foundation's revenue in 2023 was -$22,021.
Official website here: www.rrsmithcenter.org
Who are the executives of The Rr Smith Center Foundation and what are their salaries?
There 12 volunteers at The Rr Smith Center Foundation.
Here are 11 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
- 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
Official website here: www.rrsmithcenter.org
Where can I find the form 990 for The Rr Smith Center Foundation?
The Rr Smith Center Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rrsmithcenter.org
Learn more at the official website: www.rrsmithcenter.org
Mission Statement of The Rr Smith Center Foundation
The R.R. Smith Center Foundation's mission is centered around securing funding to sustainably manage and maintain the R.R. Smith Center for History and Art. This organization plays a crucial role in supporting, augmenting, and enhancing the Smith Center in Staunton, Virginia. The Smith Center serves as a headquarters for three non-profit organizations that are integral to the cultural life of Staunton and Augusta County: the Augusta County Historical Society, the Historic Stauntion Foundation, and the Staunton Augusta Art Center. The guiding philosophy behind the inter-relationships of these organizations within the Smith Center is to strengthen the respective missions of each non-profit while preserving their autonomy. The R.R. Smith Center Foundation's mission is essentially dedicated to ensuring the longevity and success of these cultural institutions under one roof.
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 Rr Smith Center Foundation plays a vital role in the cultural landscape of Staunton, Virginia, by ensuring the sustainability and maintenance of the R.R. Smith Center for History and Art. This foundation provides essential support to the center, which hosts three significant nonprofit organizations: the Augusta County Historical Society, the Historic Staunton Foundation, and the Staunton Augusta Art Center.
By fostering collaboration among these organizations, the Rr Smith Center Foundation enhances their individual missions while promoting cultural preservation and community engagement. The foundation's efforts not only secure funding but also bolster the resources and activities within the center, making it a hub for history, art, and local heritage. This impact resonates throughout Staunton and Augusta County, enriching the cultural life of the community and ensuring that the area's history and artistry continue to thrive for future generations.
This information is meant to be a general summary of The Rr Smith Center 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 2023.
- Investment Income: $47
- Gross Receipts: $174,478
Assets and Liabilities:
- Total Assets: $3,142,273
- Total Liabilities: $207,002
- Net Assets: $2,935,271
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2005
Principal Officer
Duane Barron
Website
www.rrsmithcenter.orgNTEE Category
Code: A54 - Arts
If you are a representative of The Rr Smith Center 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.