Overview
What is Boone Educational Endowment Foundation?
The Boone Educational Endowment Foundation is a charitable organization situated in Boone County, Iowa. With a mission to enhance the quality of education, they focus on supporting local educational institutions by providing funds for the acquisition of educational equipment. The foundation's purpose is to foster excellence in various aspects of educational organizations in Boone County, Iowa, serving as a vital financial resource for the attainment of this excellence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Overall, the Boone Educational Endowment Foundation has received a Two-Star out of Four Star rating, with an overall score of 73%. This indicates that while the organization demonstrates some strengths in financial accountability and transparency, there are significant areas that require improvement. Notably, the Foundation has a perfect score in areas such as the independence of its board members and its program expense ratio, showing strong commitment to its mission.
The organization benefits from having a fully independent board and a strong program expense ratio, which suggests it allocates most of its funds directly to its programs. However, the Foundation has notable weaknesses, particularly in governance policies and online transparency. Missing documents such as the conflict of interest policy, whistleblower policy, and tax form on its website highlight potential risks in accountability and transparency practices.
To enhance its rating, Boone Educational Endowment Foundation should prioritize developing and publicly sharing essential governance policies and ensuring that relevant documents are available on its website. Addressing these issues would not only improve transparency but also strengthen trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Boone Educational Endowment Foundation legitimate?
Boone Educational Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boone Educational Endowment 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.
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What is the mission statement of Boone Educational Endowment Foundation?
The Boone Educational Endowment Foundation's mission is to enhance the educational organizations within Boone County, Iowa, by serving as a financial resource. This is done to promote, develop, and foster excellence in various educational aspects. The foundation aims to provide capital for the betterment of these organizations, thereby contributing to the improvement of education quality. To accomplish this, the foundation assists local educational institutions in maintaining and enhancing their educational equipment.
Who is the CEO of Boone Educational Endowment Foundation?
Jamie Williams is the President of Boone Educational Endowment Foundation.
What is the revenue of Boone Educational Endowment Foundation?
Boone Educational Endowment Foundation's revenue in 2022 was $61,965.
Who are the executives of Boone Educational Endowment Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Boone Educational Endowment Foundation?
Boone Educational Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boone Educational Endowment Foundation
The Boone Educational Endowment Foundation is committed to enhancing the educational sector in a comprehensive manner. Its primary mission is to champion excellence in various aspects of educational organizations within Boone County, Iowa. To achieve this, the foundation serves as a valuable source of capital, contributing to the attainment of excellence within these organizations. By providing financial support, the foundation aims to improve the quality of education across the districts in Boone County. The Boone Educational Endowment Foundation's goal is to assist educational organizations in maintaining their current standards and striving for further improvements, ultimately benefiting the students and the community at large.
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Impact
October, 2024
The Boone Educational Endowment Foundation significantly enhances the quality of education in Boone County, Iowa, by providing vital financial resources to local educational organizations. It focuses on promoting, developing, and fostering excellence across various aspects of these institutions. Through its efforts, the foundation assists schools in maintaining and improving educational standards by enabling the purchase of necessary equipment and resources. This impact is realized through better learning environments, enhanced educational tools for teachers and students, and ultimately, an overall elevation in the quality of education within the community. The foundation plays a crucial role in ensuring that Boone County educators and students have access to the resources they need to succeed and thrive.
This information is meant to be a general summary of Boone Educational Endowment 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: $50,143
- Program Service Revenue: $116
- Gross Receipts: $83,383
Assets and Liabilities:
- Total Assets: $630,821
- Total Liabilities: $0
- Net Assets: $630,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBURBAN PROPANE PARTNERS
Revenue
$116
Organization Details
Phone
(515) 432-6200Principal Officer
Jamie Williams
Main Address
PO BOX 428, BOONE, IA, 50036
NTEE Category
Code: B20I - Education
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