Overview
What is Grant Hamill Foundation Inc?
Grant Hamill Foundation Inc is a nonprofit organization situated in Indianapolis, Indiana. The foundation primarily supports and oversees various chapters and statewide activities of youth fraternal organizations within Indiana. Their primary function includes providing guidance and supervision to these chapters. The organization is known for hosting an annual event called The Conclave, a four-day event that brings together around 100 members, volunteers, and staff for a mix of business meetings, elections, banquets, award ceremonies, athletic competitions, and games. The foundation operates with a small team of one employee.
Official website here: www.indianademolay.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Very Poor (43%)
The Grant Hamill Foundation Inc has received a very poor rating from Charity Navigator, indicating significant concerns regarding its overall effectiveness and financial health. While the organization has excelled in areas of accountability and finance, achieving a perfect score in governance metrics such as having a majority independent board and no material diversion of assets, it struggles in critical operational aspects. The low program expense ratio highlights that only about half of its expenditures are directed toward programs, which raises questions about the impact of its work.
Moreover, the foundation lacks essential policies, such as a whistleblower policy and document retention guidelines, which are crucial for maintaining transparency and ethical standards. These omissions, along with the absence of posted tax forms on the nonprofit's website, contribute to its overall low score in the assessment. Despite having a well-structured board and solid governance in certain areas, these shortcomings significantly detract from its credibility.
In conclusion, while the Grant Hamill Foundation demonstrates strong governance practices, its limited program spending and missing critical policies suggest a need for improvement. Stakeholders may want to consider these factors when evaluating the organization’s effectiveness and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Grant Hamill Foundation Inc legitimate?
Grant Hamill Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grant Hamill 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: $65,243
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.indianademolay.org
What is the mission statement of Grant Hamill Foundation Inc?
The Grant Hamill Foundation Inc's primary mission is to support and oversee the Indiana chapters and statewide activities of various youth fraternal organizations. This non-profit organization plays a supervisory role in these organizations, ensuring their smooth operation and growth. One of their significant events is the Conclave, a four-day event filled with activities, elections, awards, and athletic competitions, attracting around 100 members, volunteers, and staff. The Foundation's role extends beyond event organization, as it aims to foster the development and success of these youth fraternal organizations.
Official website here: www.indianademolay.org
Who is the CEO of Grant Hamill Foundation Inc?
Mathew A Bryant is the Executive Director of Grant Hamill Foundation Inc.
Official website here: www.indianademolay.org
What is the revenue of Grant Hamill Foundation Inc?
Grant Hamill Foundation Inc's revenue in 2022 was $72,493.
Official website here: www.indianademolay.org
Who are the executives of Grant Hamill Foundation Inc and what are their salaries?
The average compensation at Grant Hamill Foundation Inc during 2022 was $65,243. There is 1 employee and 110 volunteers at Grant Hamill Foundation Inc.
Here are 11 key members and their salaries:
- Compensation: $61,243
- 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.indianademolay.org
Where can I find the form 990 for Grant Hamill Foundation Inc?
Grant Hamill Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.indianademolay.org
Learn more at the official website: www.indianademolay.org
Mission Statement of Grant Hamill Foundation Inc
The Grant Hamill Foundation Inc is dedicated to supporting and overseeing the activities of Indiana-based youth fraternal organizations, specifically focusing on the Demolay Chapters. This nonprofit organization plays a significant role in guiding and supervising these chapters at both the local and statewide levels.
The mission of the Grant Hamill Foundation Inc is multifaceted. It involves providing guidance and support to the Demolay Chapters, ensuring they operate effectively and uphold their fraternal values. This mission extends to organizing statewide activities, fostering a sense of camaraderie and unity among the members of these organizations.
One of the ways the Grant Hamill Foundation Inc fulfills its mission is by hosting annual conclaves. These events offer a four-day, three-night opportunity for members, volunteers, and staff to gather and engage in a variety of activities. These activities include business meetings, the election of state leaders, banquets, and the announcement and presentation of awards and honors. Additionally, athletic competitions and games are held, providing entertainment and camaraderie for the attendees. The conclave serves as a platform for the Demolay Chapters to strengthen their bonds, share experiences, and plan for future activities. The approximate attendance for these events is around 100 members, volunteers, and staff members.
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
August, 2024
The Grant Hamill Foundation Inc's impact is seen through its support and supervision of Indiana DeMolay chapters and statewide activities of youth fraternal organizations. Specifically, the foundation organizes "The Conclave," a four-day, three-night event held on the campus of an Indiana college or university. This event features various activities including a business meeting, the election of state leaders, a banquet, awards presentations, and athletic competitions. The approximate attendance at The Conclave is 100 members, volunteers, and staff. This organization plays a crucial role in fostering leadership, camaraderie, and personal development among youth in Indiana through its activities and events.
This information is meant to be a general summary of Grant Hamill 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $27,219
- Program Service Revenue: $22,629
- Gross Receipts: $276,914
Assets and Liabilities:
- Total Assets: $1,050,675
- Total Liabilities: $75,839
- Net Assets: $974,836
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT REVENUE
Revenue
$20,304
CAMP FEES
Revenue
$2,325
Organization Details
Founding Year
1957
Phone
(317) 373-9124Principal Officer
Mathew A Bryant
Main Address
PO BOX 44107, INDIANAPOLIS, IN, 46244
Website
www.indianademolay.orgNTEE Category
Code: T70Z - Philanthropy
If you are a representative of Grant Hamill Foundation Inc 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.