Overview
What is Karl W Boer Solar Energy Medal Of Merit Trust?
The Karl W Boer Solar Energy Medal of Merit Trust is a nonprofit organization, primarily based in Milwaukee, Wisconsin. The main purpose of this trust is to honor individuals who have made significant contributions to the solar energy field. It achieves this by providing a biannual award, consisting of a medal and a cash prize, to deserving individuals. This award aims to recognize pioneering accomplishments in solar energy research, development, or economic enterprise, or to celebrate other extraordinary and enduring contributions to the field. The trust supports the University of Delaware by establishing an endowment to ensure the continuation of this award presentation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Karl W Boer Solar Energy Medal Of Merit Trust has received a low rating of 53%, which reflects significant concerns regarding its accountability and financial practices. This rating is derived solely from its Accountability & Finance score, indicating that improvements are needed in these areas to build trust with potential donors.
The evaluation revealed that the organization has a very small number of independent board members and lacks essential policies, such as those for conflicts of interest and whistleblowing. While the organization has demonstrated strong program expense efficiency, with nearly all funds directed towards its mission, the absence of transparency measures, such as a missing website, raises red flags about its governance.
Despite these limitations, the Trust does not show any material diversion of assets, which is a positive aspect of its financial management. However, the overall lack of independent oversight and missing governance policies suggest that potential donors should exercise caution and consider these factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Karl W Boer Solar Energy Medal Of Merit Trust legitimate?
Karl W Boer Solar Energy Medal Of Merit Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Karl W Boer Solar Energy Medal Of Merit Trust 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
For more financial information, click here
What is the mission statement of Karl W Boer Solar Energy Medal Of Merit Trust?
The Karl W Boer Solar Energy Medal of Merit Trust was established to support the University of Delaware by providing a perpetual endowment. This endowment ensures the presentation of a biannual award, consisting of an award medal and cash, to an individual who has made significant pioneering contributions to the promotion of solar energy. This can be achieved through research, development, economic enterprise, or by making other extraordinary and valuable contributions to the field of solar energy. The trust aims to honor and recognize individuals who have made substantial impacts in advancing solar energy technology and its applications.
Who is the CEO of Karl W Boer Solar Energy Medal Of Merit Trust?
William Shafarman is the Trustee of Karl W Boer Solar Energy Medal Of Merit Trust.
What is the revenue of Karl W Boer Solar Energy Medal Of Merit Trust?
Karl W Boer Solar Energy Medal Of Merit Trust's revenue in 2022 was $15,923.
Who are the executives of Karl W Boer Solar Energy Medal Of Merit Trust and what are their salaries?
There 2 volunteers at Karl W Boer Solar Energy Medal Of Merit Trust.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $361,482
- Other: $49,918
- Compensation: $0
- Related: $193,018
- Other: $44,101
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Karl W Boer Solar Energy Medal Of Merit Trust?
Karl W Boer Solar Energy Medal Of Merit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Karl W Boer Solar Energy Medal Of Merit Trust
The Karl W Boer Solar Energy Medal of Merit Trust is established with a mission to support the University of Delaware by providing an endowment that ensures the presentation of a biannual award. This award is given to an individual who has made significant contributions to the solar energy field. The trust's mission is to honor those who have made pioneering contributions through research, development, or economic enterprise in the field of solar energy. However, it also extends to individuals who have made other extraordinary, valuable, and enduring contributions to solar energy. The award, consisting of a medal and cash, serves as a recognition of these individuals' significant accomplishments and their impact on the promotion of solar energy.
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Impact
October, 2024
The Karl W. Boer Solar Energy Medal of Merit Trust significantly advances the field of solar energy by recognizing and rewarding individuals who have made pioneering contributions through research, development, or entrepreneurship. By establishing a perpetual endowment, the Trust ensures the continuous presentation of a biannual award that highlights exceptional achievements in solar energy. This recognition not only honors past efforts but also motivates current and future innovators to contribute to sustainable energy solutions. The award fosters a culture of excellence and encourages collaboration within the solar energy community, ultimately advancing the technology and increasing public awareness of its importance. Through its impact, the Trust supports the overarching mission to promote solar energy as a vital resource for a sustainable future.
This information is meant to be a general summary of Karl W Boer Solar Energy Medal Of Merit Trust. 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: $15,923
- Gross Receipts: $15,923
Assets and Liabilities:
- Total Assets: $1,620,013
- Total Liabilities: $0
- Net Assets: $1,620,013
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Organization Details
Founding Year
1994
Phone
(414) 297-5609Principal Officer
William Shafarman
Main Address
CO R BOER 777 E WISCONSIN AVENUE, MILWAUKEE, WI, 532025306
NTEE Category
Code: W00 - Public benefit
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