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Founders Hall Foundation Inc

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

EIN: 311776375 ✦ Ridgefield, CT ✦ Designated as a 501(c)(3)

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Overview

What is Founders Hall Foundation Inc?

Founders Hall Foundation Inc is a nonprofit organization situated in Ridgefield, Connecticut, with a focus on offering enriching experiences for senior learners. Their mission is to provide a varied array of social, educational, and physical fitness programs in a lively, engaging, and stimulating environment. In 2022, over 3,300 individuals were captivated by classes covering topics such as art, technology, history, investments, and more. The instructors, numbering over 75, shared their expertise with the learners, who brought their wealth of knowledge to the discussions, enriching the overall experience. The programs are available both online and in-person, or as a combination of both, catering to the preferences of the participants. The senior learners express their creativity through classes in various artistic mediums, including chorus, drawing, and wood carving. Founders Hall Foundation Inc fosters an atmosphere of camaraderie and learning, engaging its members in a plethora of engaging activities.


Official website here: www.founders-hall.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating

Founders Hall Foundation Inc has achieved an impressive 96% score, indicating strong performance in accountability and finance, which is the sole criterion for this rating. With a Four-Star rating, the organization demonstrates transparency and effective management of its resources, reassuring donors of its reliability.

The foundation boasts a fully independent board, with all nine members contributing to sound governance. It has been commended for maintaining a conflict of interest policy, a whistleblower policy, and proper documentation practices, which enhance its operational integrity. Additionally, the foundation has no reported material diversions of assets, showcasing its commitment to preserving donor investments.

Financially, the organization allocates a significant portion of its budget to program expenses, with a program expense ratio of 79.15%. This indicates that the majority of funds are directed towards fulfilling its mission rather than administrative costs. The low liabilities to assets ratio of 3.28% further highlights its strong financial health, though ongoing monitoring will be essential to maintain these standards.


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

Is Founders Hall Foundation Inc legitimate?

Founders Hall Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Founders Hall 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: $127,408
Professional Fundraising Fees: $0
Other Salaries and Wages: $446,541

For more financial information, click here


Official website here: www.founders-hall.org

What is the mission statement of Founders Hall Foundation Inc?

Founders Hall Foundation Inc is committed to offering a varied assortment of social, educational, and physical fitness activities tailored for active seniors. Their programs are designed to take place in an inviting, enjoyable, and intellectually stimulating environment. The foundation's mission is realized through a diverse range of classes, including art, technology, current events, genealogy, history, investments, literature, languages, music, and writing. Over 75 instructors facilitate these learning opportunities, with senior learners contributing their wealth of knowledge and experience to enrich the discussions. Founders Hall Foundation Inc also encourages creativity through classes in various artistic mediums such as chorus, drawing, painting, weaving, and knitting. Their offerings are available both online and in-person, ensuring flexibility for participants.


Official website here: www.founders-hall.org

Who is the CEO of Founders Hall Foundation Inc?

John Couri is the Executive Director of Founders Hall Foundation Inc.


Official website here: www.founders-hall.org

What is the revenue of Founders Hall Foundation Inc?

Founders Hall Foundation Inc's revenue in 2022 was $1,255,479.


Official website here: www.founders-hall.org

Who are the executives of Founders Hall Foundation Inc and what are their salaries?

The average compensation at Founders Hall Foundation Inc during 2022 was $13,348. There are 43 employees and 104 volunteers at Founders Hall Foundation Inc.


Here are 10 key members and their salaries:


Grace F Weber (Executive Director)
  • Compensation: $113,598
  • Related: $0
  • Other: $13,811
John A Couri (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Kubick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven F Goldstone (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth C Goldstone (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Berisford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Couri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rudy Marconi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Rohrer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rudy Ruggles Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.founders-hall.org

Where can I find the form 990 for Founders Hall Foundation Inc?

Founders Hall Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.founders-hall.org

Learn more at the official website: www.founders-hall.org

Mission Statement of Founders Hall Foundation Inc

Founders Hall Foundation Inc is committed to creating an engaging environment for today's active seniors. Their mission is to offer a diverse range of social, educational, and physical fitness programs in a welcoming, enjoyable, and intellectually stimulating atmosphere. Through their semester programs, Founders Hall inspires over 3,300 individuals annually, providing opportunities for lifelong learning. Classes cover various subjects such as art, technology, current events, genealogy, history, investments, literature, languages, music, writing, and more. The seniors themselves bring a wealth of life experiences to these classes, enhancing the learning experience for everyone involved. Founders Hall also encourages creativity through classes in chorus, drawing, portraiture, watercolors, oil painting, weaving, quilting, sewing, knitting, crocheting, rug hooking, and wood carving. The programs are offered both online and in-person, catering to the preferences and needs of each senior learner.

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Impact




October, 2024

Founders Hall Foundation Inc significantly enriches the lives of active seniors by offering a wide range of social, educational, and physical fitness programs. In 2022, over 3,300 seniors participated in their dynamic semester programs, which included engaging courses in art, technology, current events, genealogy, history, investments, literature, languages, music, and writing.

The diverse offerings are taught by more than 75 skilled instructors, who not only impart knowledge but also foster an environment where participants share their own experiences and insights, creating a vibrant learning community. Through classes in various creative arts such as drawing, painting, sewing, and woodworking, members express their creativity and explore new skills, while also enjoying the camaraderie that comes from shared interests.

The flexible format of the programs, available both online and in-person, ensures accessibility and convenience for all learners, promoting life-long learning and community engagement. Founders Hall creates a warm and stimulating atmosphere that encourages seniors to stay active, social, and intellectually engaged, profoundly impacting their quality of life.




This information is meant to be a general summary of Founders Hall 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.

Revenue
$1,255,479 (2022)
Expenses
$1,165,396 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $172,002
  • Program Service Revenue: $235,404
  • Gross Receipts: $2,585,408

Assets and Liabilities:

  • Total Assets: $6,702,894
  • Total Liabilities: $118,342
  • Net Assets: $6,584,552

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SEMESTER PROGRAMS

Revenue

$116,691

FITNESS PROGRAMS

Revenue

$104,573

SOCIAL EVENTS AND TRIPS

Revenue

$14,140

Organization Details

Founding Year

2001

Principal Officer

John Couri

Main Address

193 Danbury Road, Ridgefield, CT, 06877

NTEE Category

Code: P81 - Human services

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