Overview
What is Jasper Newton Foundation Inc?
The Jasper Newton Foundation Inc, based in Rensselaer, Indiana, serves as a charitable organization with a mission to aid donors in establishing a sustainable resource for addressing the evolving and varied needs and interests of the residents in Jasper and Newton County communities. By soliciting, managing, and distributing gifts, the foundation works tirelessly to meet the requirements of local citizens and organizations, ensuring their continued support and improvement. The organization currently employs a team of seven dedicated individuals.
Official website here: www.jaspernewtonfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Jasper Newton Foundation Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. With a 97% score, the foundation demonstrates a strong commitment to transparency and responsible management of resources. This rating is significant as it highlights the organization's reliability to potential donors and stakeholders.
Strengths of the foundation include its fully independent board members, effective financial oversight, and a healthy financial structure with a low liabilities to assets ratio of 3.97%. The organization also excels in program expenses, allocating over 80% of its budget to its programs, and exhibits impressive fundraising efficiency, with minimal costs associated with fundraising activities. These attributes collectively contribute to the foundation's solid reputation in the nonprofit sector.
While the foundation's financial health and governance practices are commendable, there is no specific mention of programmatic impact or community feedback in the available data. This lack of qualitative information may limit the understanding of how effectively the foundation is achieving its mission and benefiting the community it serves. Nonetheless, the financial metrics suggest a well-managed organization committed to its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Jasper Newton Foundation Inc legitimate?
Jasper Newton Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jasper Newton 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: $82,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,612
For more financial information, click here
Official website here: www.jaspernewtonfoundation.org
What is the mission statement of Jasper Newton Foundation Inc?
The Jasper Newton Foundation Inc's mission is centered around assisting donors in establishing a sustainable resource to cater to the evolving needs and interests of the people in both Jasper and Newton county communities. By soliciting, receiving, managing, and distributing gifts, the foundation aims to address the requirements of local citizens and organizations, thereby ensuring their continued well-being. The foundation's primary goal is to support the community's ongoing needs and interests in a flexible and adaptive manner.
Official website here: www.jaspernewtonfoundation.org
Who is the CEO of Jasper Newton Foundation Inc?
Brienne Hooker is the Chair of Jasper Newton Foundation Inc.
Official website here: www.jaspernewtonfoundation.org
What is the revenue of Jasper Newton Foundation Inc?
Jasper Newton Foundation Inc's revenue in 2022 was $2,553,897.
Official website here: www.jaspernewtonfoundation.org
Who are the executives of Jasper Newton Foundation Inc and what are their salaries?
The average compensation at Jasper Newton Foundation Inc during 2022 was $25,623. There are 7 employees and 45 volunteers at Jasper Newton Foundation Inc.
Here are 7 key members and their salaries:
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- Compensation: $82,750
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- Other: $0
Official website here: www.jaspernewtonfoundation.org
Where can I find the form 990 for Jasper Newton Foundation Inc?
Jasper Newton Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jaspernewtonfoundation.org
Learn more at the official website: www.jaspernewtonfoundation.org
Mission Statement of Jasper Newton Foundation Inc
The Jasper Newton Foundation Inc is committed to aiding donors in establishing a sustainable resource to cater to the evolving and diverse needs and preferences of the people residing in Jasper and Newton County communities. In essence, the organization's mission is to act as a conduit, collecting, managing, and dispersing gifts aimed at addressing the demands of citizens and organizations within these communities. By doing so, the Jasper Newton Foundation Inc strives to make a significant and lasting impact on the lives of its constituents, ensuring that their well-being and interests are prioritized and addressed in a timely and effective manner.
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Impact
October, 2024
Jasper Newton Foundation Inc significantly impacts the communities of Jasper and Newton County by facilitating the creation of financial resources that address the evolving needs and interests of local residents. By soliciting, receiving, managing, and distributing gifts, the foundation ensures that vital support reaches citizens and organizations in the area. This approach not only addresses immediate needs but also fosters long-term community well-being and development. Through strategic philanthropy, the foundation empowers donors to contribute effectively, promoting a collaborative spirit that uplifts the entire community.
This information is meant to be a general summary of Jasper Newton 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: $1,372,701
- Program Service Revenue: $4,537
- Gross Receipts: $8,150,044
Assets and Liabilities:
- Total Assets: $24,490,528
- Total Liabilities: $974,195
- Net Assets: $23,516,333
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$4,537
Organization Details
Founding Year
1991
Phone
(219) 866-5899Principal Officer
Brienne Hooker
Main Address
PO BOX 295, RENSSELAER, IN, 47978
NTEE Category
Code: T31I - Philanthropy
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