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Two East Sixty-Second Street Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311775158 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Two East Sixty-Second Street Foundation?

The Two East Sixty-Second Street Foundation is a nonprofit organization situated in New York City, specifically at Two East Sixty-Second Street. Its primary goal is to preserve and maintain the architectural integrity of this historical landmark building, while also supporting the work of the Upper East Side Historic District. Additionally, the foundation aims to foster public knowledge and appreciation for the significant contributions made to American architecture by William Adams Delano and the Delano & Aldrich firm. To achieve this, they sponsor talks, tours, and publications that highlight their substantial impact on the field.


Official website here: www.none

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star rating

The Two East Sixty-Second Street Foundation has achieved a commendable score of 84% from Charity Navigator, which indicates a solid level of accountability and financial health. With a perfect score of 100% in the Accountability & Finance category, the organization demonstrates robust governance practices, including a fully independent board and no material diversion of assets. The foundation's financial management appears strong, as reflected by a program expense ratio of 95.63%, indicating that a significant portion of its funds is directly supporting its mission.

However, there are some areas for improvement noted in their policies. The foundation is lacking a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could enhance their overall governance framework. These elements are important for ensuring transparency and trust within nonprofit organizations.

Overall, while the Two East Sixty-Second Street Foundation shows strong financial performance and governance through its independent board and oversight measures, addressing the missing policies could further strengthen its operational integrity and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Two East Sixty-Second Street Foundation legitimate?

Two East Sixty-Second Street Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Two East Sixty-Second Street 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.none

What is the mission statement of Two East Sixty-Second Street Foundation?

The Two East Sixty-Second Street Foundation's mission is centered around preserving and maintaining the exterior of a historical landmark building, specifically located at Two East Sixty-Second Street. The primary objective is to restore and preserve the architectural integrity and design of this significant structure. In addition, the foundation supports the work of the Upper East Side Historic District. They also aim to foster public knowledge and appreciation for the contributions of William Adams Delano and the firm of Delano & Aldrich to American architecture. This is achieved through organizing talks, tours, and publishing monographs.


Official website here: www.none

What is the revenue of Two East Sixty-Second Street Foundation?

Two East Sixty-Second Street Foundation's revenue in 2023 was $6,157,590.


Official website here: www.none

Who are the executives of Two East Sixty-Second Street Foundation and what are their salaries?

There 5 volunteers at Two East Sixty-Second Street Foundation.

Here are 5 key members and their salaries:


Mortimer Berkowitz Iii (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Hughlett N Malone (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard J Miller Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Pennoyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John De C Blondel Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Two East Sixty-Second Street Foundation?

Two East Sixty-Second Street Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Two East Sixty-Second Street Foundation

The Two East Sixty-Second Street Foundation is committed to preserving and maintaining the exterior of a significant historical landmark building located in New York. The primary mission of this organization is to restore and preserve the architectural integrity and design of this iconic structure. Beyond this, the foundation supports the work of the Upper East Side Historic District, fostering public knowledge and appreciation for the substantial contributions to American architecture made by William Adams Delano and the firm of Delano & Aldrich. To achieve this, the foundation sponsors talks, tours, and monographs, providing insight into the enduring influence of Delano and his team on the field of architecture.

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Impact




October, 2024

The Two East Sixty-Second Street Foundation actively preserves and maintains the historic building at Two East Sixty-Second Street in New York City, ensuring its architectural integrity and design are upheld for future generations. By focusing on this landmark, the foundation plays a crucial role in supporting the Upper East Side Historic District, thereby enhancing the historical and cultural fabric of the area.

Furthermore, it fosters public awareness and appreciation for the contributions of architect William Adams Delano and the firm Delano & Aldrich. The foundation sponsors educational initiatives, including talks, tours, and publications, that highlight their significant impact on American architecture. Through these efforts, it enriches community knowledge and engagement with local history and preservation efforts.




This information is meant to be a general summary of Two East Sixty-Second Street 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.

Revenue
$6,157,590 (2023)
Expenses
$2,312,378 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $69,432
  • Gross Receipts: $6,471,877

Assets and Liabilities:

  • Total Assets: $1,907,085
  • Total Liabilities: $0
  • Net Assets: $1,907,085

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Organization Details

Founding Year

2001

Principal Officer

John G Brim

Website

www.none

NTEE Category

Code: A80 - Arts

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