Overview
What is Endowment Fund Of The Memorial Home?
The Endowment Fund of the Memorial Home is a nonprofit organization whose primary mission was to provide financial support for a home for the elderly. Although its current status is not publicly available, we can infer that its focus was on securing funding for such a facility. The organization's activities were likely geared towards raising funds and managing them effectively to ensure the welfare of older adults.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating reflects the organization's performance based solely on its accountability and finance metrics, which are vital for assessing transparency and responsible stewardship of funds.
The Endowment Fund Of The Memorial Home displays strong governance features, including a fully independent board and no material diversion of assets. With a program expense ratio of 78.43%, the organization allocates a significant portion of its resources towards its programs, indicating a commitment to its mission and efficiency in spending.
However, the overall rating remains at Two Stars, suggesting that while the charity excels in certain financial and governance areas, there may be other factors not evaluated in this single beacon score that could impact its overall effectiveness or public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Endowment Fund Of The Memorial Home legitimate?
Endowment Fund Of The Memorial Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Endowment Fund Of The Memorial Home 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 Endowment Fund Of The Memorial Home?
The Endowment Fund Of The Memorial Home, as per the available information, had a mission to provide financial support for a home for the elderly. However, it's important to note that this nonprofit organization is no longer active or in operation. The details of its activities or specific services provided for the elderly home are not provided in the given data.
What is the revenue of Endowment Fund Of The Memorial Home?
Endowment Fund Of The Memorial Home's revenue in 2022 was $57,070.
Who are the executives of Endowment Fund Of The Memorial Home and what are their salaries?
There 3 volunteers at Endowment Fund Of The Memorial Home.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Endowment Fund Of The Memorial Home?
Endowment Fund Of The Memorial Home's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Endowment Fund Of The Memorial Home
The Endowment Fund of The Memorial Home, as stated in the provided information, was established with a mission to provide financial support for a home for the aged. However, it's important to note that this nonprofit organization is no longer active or in operation. In its heyday, the Endowment Fund's primary role was to contribute funds towards the maintenance and operation of a retirement home, ensuring the well-being and care of the elderly population. Despite its termination or inactivity, its legacy lies in the significant role it once played in supporting the elderly community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Endowment Fund of the Memorial Home aimed to provide essential financial resources for the Home for the Aged, ensuring a supportive environment for its residents. Although it is no longer active, the impact of such funds typically includes the enhancement of facilities, improved care services, and the ability to offer various programs and activities that promote the well-being and dignity of elderly individuals. Additionally, endowment funds often contribute to the long-term sustainability of the home, allowing it to plan for future needs and create a sense of community among residents. The legacy left by such initiatives continues to resonate, even after the organization has ceased operations.
This information is meant to be a general summary of Endowment Fund Of The Memorial Home. 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: $21,997
- Gross Receipts: $429,849
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1939
Principal Officer
Nancy Briggs
NTEE Category
Code: Z99 - Unknown
If you are a representative of Endowment Fund Of The Memorial Home and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.