Overview
What is Gerald R Ford Presidential Foundation?
The Gerald R Ford Presidential Foundation is a private, nonprofit corporation that plays a crucial role in sustaining the exhibits and educational programs at the Gerald R. Ford Presidential Library and Museum. Its primary mission is to uphold the legacy and ideals of former President Gerald R. Ford by offering conferences and educational activities through its support. The foundation's efforts contribute to promoting historical understanding and preservation, thereby enriching public awareness and engagement with the enduring legacy of President Ford.
Official website here: www.geraldrfordfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Gerald R. Ford Presidential Foundation has received a low rating of 56%, categorized as a One-Star charity. This score indicates concerns regarding the organization's accountability and financial management, particularly highlighted by a notably low program expense ratio of 38.52%. While the foundation demonstrates strong governance practices, including a fully independent board and effective oversight policies, its financial health raises red flags.
The organization has a commendable structure, with 97% of board members being independent and a comprehensive audit and oversight committee. However, the significant liabilities to assets ratio of 0.51% suggests potential financial instability, and the absence of its tax form on the nonprofit’s website is a critical gap in transparency.
In summary, while the Gerald R. Ford Presidential Foundation shows strengths in governance and accountability, its financial performance and transparency measures need substantial improvement to enhance donor confidence and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Gerald R Ford Presidential Foundation legitimate?
Gerald R Ford Presidential Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gerald R Ford Presidential 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: $238,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $340,745
For more financial information, click here
Official website here: www.geraldrfordfoundation.org
What is the mission statement of Gerald R Ford Presidential Foundation?
The Gerald R Ford Presidential Foundation serves a mission to aid the Gerald R. Ford Presidential Library and Museum by funding exhibits, conferences, and educational programs. This endeavor is aimed at preserving and promoting the legacy and ideals of former President Gerald R. Ford. The foundation operates as a private corporation, providing essential support to the library and museum's initiatives, thereby contributing to the broader public's understanding and appreciation of historical events and leadership.
Official website here: www.geraldrfordfoundation.org
Who is the CEO of Gerald R Ford Presidential Foundation?
Gleaves Whitney is the Executive Director of Gerald R Ford Presidential Foundation.
Official website here: www.geraldrfordfoundation.org
What is the revenue of Gerald R Ford Presidential Foundation?
Gerald R Ford Presidential Foundation's revenue in 2022 was $3,112,205.
Official website here: www.geraldrfordfoundation.org
Who are the executives of Gerald R Ford Presidential Foundation and what are their salaries?
The average compensation at Gerald R Ford Presidential Foundation during 2022 was $57,914. There are 10 employees and 41 volunteers at Gerald R Ford Presidential Foundation.
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Official website here: www.geraldrfordfoundation.org
Where can I find the form 990 for Gerald R Ford Presidential Foundation?
Gerald R Ford Presidential Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.geraldrfordfoundation.org
Learn more at the official website: www.geraldrfordfoundation.org
Mission Statement of Gerald R Ford Presidential Foundation
The Gerald R Ford Presidential Foundation serves a crucial role in upholding and promoting the legacy and ideals of the 38th President of the United States, Gerald R Ford. Established as a private corporation, its primary mission is to support the exhibits and educational programs of the Gerald R. Ford Presidential Library and Museum. The foundation's activities aim to educate the public about Ford's presidency, his achievements, and his values, thereby preserving his historical significance for future generations. Through conferences, exhibits, and various educational programs, the Gerald R Ford Presidential Foundation seeks to inspire and engage individuals in understanding the legacy and ideals of its namesake.
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Impact
July, 2024
The Gerald R Ford Presidential Foundation's impact can be seen in its support of the Gerald R. Ford Presidential Library and Museum in Grand Rapids, Michigan. Through providing assistance for exhibits, conferences, and educational programs, the Foundation helps to promote the legacy and ideals of Gerald R. Ford. By doing so, the Foundation contributes to educating the public about President Ford's leadership and values, thus ensuring his historical significance and influence are preserved for future generations.
This information is meant to be a general summary of Gerald R Ford Presidential 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.
- Investment Income: $1,995,455
- Gross Receipts: $9,918,743
Assets and Liabilities:
- Total Assets: $40,076,297
- Total Liabilities: $204,524
- Net Assets: $39,871,773
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Organization Details
Founding Year
1981
Phone
(616) 254-0397Principal Officer
Gleaves Whitney
Main Address
303 PEARL NW, GRAND RAPIDS, MI, 49504
NTEE Category
Code: B110 - Education
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