Overview
What is The Peninsula Ball Foundation?
The Peninsula Ball Foundation is a nonprofit organization situated in Menlo Park, California. Its primary mission is to raise funds through an annual event, with the aim to support organizations that promote the mental, physical, and emotional well-being of families and children residing in San Mateo and Santa Clara Counties. One of their notable achievements involves granting $125,000 to the Boys and Girls Clubs of the Peninsula for their College Bound Program. This program encourages and assists youth from lower socio-economic neighborhoods, enabling them to prepare for, succeed in, and complete high school with a plan for their future. The grant supports staffing for the program, including the positions of Program Director and three Site Directors, each serving as mentors for the youth.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Peninsula Ball Foundation has received a solid score of 83%, indicating a good level of accountability and financial health. The organization excels in various areas, such as having a fully independent board and a favorable program expense ratio of 93.60%, suggesting that a significant portion of donations is directed towards their programs rather than administrative costs. The absence of any material diversion of assets further reinforces its integrity.
However, there are some notable gaps in the foundation's governance practices. Specifically, the charity lacks a whistleblower and document retention policy, which are important for ensuring transparency and accountability. Despite these limitations, the foundation has demonstrated strong practices in other areas, including maintaining thorough board meeting minutes and having a complete board comprised entirely of independent members.
Overall, while the Peninsula Ball Foundation shows commendable strengths in financial management and governance, attention to the missing policies could enhance its accountability framework and strengthen donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is The Peninsula Ball Foundation legitimate?
The Peninsula Ball Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Peninsula Ball 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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Official website here: www.none
What is the mission statement of The Peninsula Ball Foundation?
The Peninsula Ball Foundation's mission is centered around raising funds through an annual event. This fundraising effort is aimed at supporting organizations that focus on enhancing the mental, physical, and emotional well-being of families and children within the San Francisco Peninsula, specifically in San Mateo and Santa Clara Counties. The foundation's activities primarily involve providing financial aid to these organizations.
One of the organizations that have benefited from their grants is the Boys and Girls Clubs of the Peninsula. The foundation granted $125,000 to this organization for their College Bound Program. This program encourages and assists lower socio-economic neighborhood youth, aged between 14 and 18, in preparing for, succeeding in, and completing high school with a plan for their future. The grant supports the staffing of the program, including the positions of the Program Director and three Site Directors, each serving as a mentor for the youth.
Official website here: www.none
Who is the CEO of The Peninsula Ball Foundation?
M Schlotter is the Treasurer of The Peninsula Ball Foundation.
Official website here: www.none
What is the revenue of The Peninsula Ball Foundation?
The Peninsula Ball Foundation's revenue in 2022 was $143,205.
Official website here: www.none
Who are the executives of The Peninsula Ball Foundation and what are their salaries?
Here are 2 key members and their salaries:
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- Other: $0
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of The Peninsula Ball Foundation
The Peninsula Ball Foundation, an organization committed to raising funds, focuses on supporting organizations that enhance the mental, physical, and emotional well-being of families and children residing in San Mateo and Santa Clara Counties. Its mission is to conduct an annual ball as a means to accumulate funds for these worthy causes.
In line with this objective, The Peninsula Ball Foundation recently granted $125,000 to the Boys and Girls Clubs of the Peninsula, a nonprofit that operates the College Bound Program. This initiative encourages and assists youth from lower socio-economic neighborhoods to prepare for, succeed in, and complete high school with a plan for their future. Approximately 100 youth, aged 14 through 18, are enrolled in this program. The grant from The Peninsula Ball Foundation supports staffing for the program, including the positions of the Program Director and three Site Directors. Each of these individuals serves as a mentor for the youth, providing guidance and support throughout their educational journey.
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Impact
October, 2024
The Peninsula Ball Foundation significantly impacts the San Francisco Peninsula community by raising critical funds that support organizations dedicated to the well-being of families and children. One of its notable contributions is a $125,000 grant to the Boys and Girls Clubs of the Peninsula, specifically for the College Bound Program. This initiative plays a crucial role in empowering youth from lower socio-economic backgrounds by providing guidance and support to help them succeed in high school and plan for their futures.
Approximately 100 young individuals, ages 14 to 18, are enrolled in this transformative program. The grant funds essential staffing, including a Program Director and three Site Directors, who also serve as mentors to the participants. By fostering an environment of encouragement and support, the Peninsula Ball Foundation enhances educational opportunities and promotes a positive path toward academic and personal success for the community's youth.
This information is meant to be a general summary of The Peninsula Ball 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.
- Gross Receipts: $288,200
Assets and Liabilities:
- Total Assets: $265,739
- Total Liabilities: $0
- Net Assets: $265,739
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Organization Details
Founding Year
2006
Phone
(650) 322-6632Principal Officer
M Schlotter
Main Address
PO BOX 1032, MENLO PARK, CA, 94027
Website
www.noneNTEE Category
Code: P12 - Human services
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