Overview
What is Harris-Stowe Foundation Inc?
Harris-Stowe Foundation Inc, based in Saint Louis, Missouri, is a nonprofit organization with a mission to support and advance the scholarship and service of educational institutions. They aim to uphold the university's mission, foster faculty and staff development, and strengthen community relationships. Their activities are geared towards maintaining the moral and overall growth of these institutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Harris-Stowe Foundation Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. The organization scored 67% overall, with significant strengths in program expenses and financial ratios, demonstrating effective allocation of resources towards its mission. However, there are notable weaknesses, particularly in governance and transparency, such as a lack of independent board members and missing financial statements.
The foundation's accountability metrics show that it does have a conflict of interest policy in place, but it is lacking essential documents like a whistleblower policy and board meeting minutes. The absence of these governance elements raises concerns about oversight and accountability within the organization. Additionally, the foundation's website is not listed on its tax form, which diminishes transparency for potential donors and stakeholders.
Despite these shortcomings, Harris-Stowe Foundation Inc maintains a strong program expense ratio of nearly 90%, indicating that most of its funds are directed towards its programs rather than administrative costs. Furthermore, the organization has demonstrated efficiency in fundraising with a low cost ratio, which suggests that it effectively raises funds for its activities. Overall, while there are areas that require improvement, particularly in governance and transparency, the foundation appears to be committed to its mission through prudent financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Harris-Stowe Foundation Inc legitimate?
Harris-Stowe Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harris-Stowe 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Harris-Stowe Foundation Inc?
The Harris-Stowe Foundation Inc's mission is centered around supporting the advancement of scholarly pursuits and service within educational institutions. In essence, their goal is to bolster the university's mission, foster faculty and staff development, and strengthen community relationships. This support is crucial in promoting academic growth and fostering a harmonious environment between the institution and its surrounding community.
Who is the CEO of Harris-Stowe Foundation Inc?
Jeff Shaw is the Director of Harris-Stowe Foundation Inc.
What is the revenue of Harris-Stowe Foundation Inc?
Harris-Stowe Foundation Inc's revenue in 2022 was $1,900,973.
Who are the executives of Harris-Stowe Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Harris-Stowe Foundation Inc?
Harris-Stowe Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Harris-Stowe Foundation Inc
Harris-Stowe Foundation Inc is committed to promoting the growth and development of educational institutions. This nonprofit organization's mission is centered around advancing scholarship and service within these educational settings. By providing support for the university's mission, Harris-Stowe Foundation Inc seeks to foster a conducive environment for learning and development. The foundation also focuses on the professional growth of faculty and staff, ensuring they are equipped with the necessary tools and resources to excel in their roles. Furthermore, Harris-Stowe Foundation Inc works on strengthening community relations, bridging the gap between the institution and its surrounding community. In doing so, the foundation contributes to the betterment of both the educational institution and the community at large.
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Impact
July, 2024
Harris-Stowe Foundation Inc's impact is primarily focused on supporting the advancement of scholarship and service within educational institutions. This includes providing assistance to maintain faculty and staff development and morale, as well as enhancing community relationships. Its work directly contributes to the improvement of educational programs and services, benefiting both the academic community and the wider society.
This information is meant to be a general summary of Harris-Stowe 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: $4,237
- Gross Receipts: $1,900,973
Assets and Liabilities:
- Total Assets: $2,710,395
- Total Liabilities: $0
- Net Assets: $2,710,395
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Organization Details
Founding Year
1993
Phone
(314) 340-3613Principal Officer
Jeff Shaw
Main Address
3026 Laclede Avenue, Saint Louis, MO, 63103
NTEE Category
Code: B82 - Education
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