Overview
What is The Libbey House Foundation?
The Libbey House Foundation, situated in Toledo, Ohio, is a nonprofit organization with a primary focus on preserving the history of glassmaking in Northwest Ohio. Currently, they are actively fundraising to renovate Libbey House. The organization's mission extends beyond historical preservation, as it aims to create a comprehensive record of the glassmaking industry's evolution in this region.
Official website here: www.libbeyhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star Rating
The Libbey House Foundation has achieved a commendable 90% rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization has a perfect score in several key areas, including having a fully independent board and no material diversion of assets, which indicates robust governance practices. The high program expense ratio of 100% suggests that the foundation dedicates all its resources directly to its mission.
However, there are areas for improvement, notably the absence of a whistleblower policy, which may raise concerns about transparency and accountability in reporting misconduct. Despite this limitation, the foundation's commitment to ethical governance is further underscored by its well-documented policies and procedures, including a conflict of interest policy and the retention of board meeting minutes.
In summary, the Libbey House Foundation demonstrates strong financial management and accountability, making it a reliable choice for donors interested in supporting its mission. The organization’s high rating serves as a testament to its dedication to ethical practices, although enhancing its policies could further strengthen its overall governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is The Libbey House Foundation legitimate?
The Libbey House Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Libbey House 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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Official website here: www.libbeyhouse.org
What is the mission statement of The Libbey House Foundation?
The Libbey House Foundation's primary mission is focused on preserving the history and record of glassmaking in Northwest Ohio. By undertaking this role, the organization aims to contribute to a deeper understanding of this specific craft's evolution and significance. Currently, they are actively fundraising to renovate the Libbey House, a project that aligns with their historical preservation mission.
Official website here: www.libbeyhouse.org
What is the revenue of The Libbey House Foundation?
The Libbey House Foundation's revenue in 2023 was $117,875.
Official website here: www.libbeyhouse.org
Who are the executives of The Libbey House Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.libbeyhouse.org
Where can I find the form 990 for The Libbey House Foundation?
The Libbey House Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.libbeyhouse.org
Learn more at the official website: www.libbeyhouse.org
Mission Statement of The Libbey House Foundation
The Libbey House Foundation is dedicated to preserving the historical record and legacy of glass making in Northwest Ohio. Its primary objective is to safeguard the past and present stories associated with this craft, ensuring that future generations can appreciate and learn from its significance. At present, the organization is actively seeking funds to renovate the Libbey House in an effort to further promote and protect this rich heritage.
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Impact
August, 2024
The Libbey House Foundation's impact lies in preserving the rich history of glass making in Northwest Ohio through its efforts to renovate the historic Libbey House in Toledo. By maintaining this important piece of local heritage, the foundation helps to ensure that the legacy of glass making in the region is preserved for future generations.
This information is meant to be a general summary of The Libbey House 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 2023.
- Investment Income: $7
- Gross Receipts: $123,269
Assets and Liabilities:
- Total Assets: $551,379
- Total Liabilities: $121,501
- Net Assets: $429,878
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Organization Details
Founding Year
2005
Principal Officer
Robert L Zollweg
Website
www.libbeyhouse.orgNTEE Category
Code: A80 - Arts
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