Overview
What is The British Home Foundation?
The British Home Foundation is a nonprofit organization primarily dedicated to supporting and benefiting the purposes of The British Home for Retired Men and Women, as well as other tax-exempt entities within its corporate system. Their activities include managing trusts and endowments, processing grant applications, and administering expenditures on behalf of these organizations. They also foster, raise, promote, develop, accept, and invest funds, gifts, and contributions for publicly supported organizations. The British Home Foundation's mission is to provide financial assistance and resources to enhance the well-being of those entities under its umbrella. Currently, it operates under the name Cantata Best Life Foundation.
Official website here: www.cantatabestlife.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Star Rating)
The British Home Foundation has received a low rating of 36%, resulting in a Zero-Star designation. This score is derived solely from the Accountability & Finance beacon, which indicates significant concerns regarding its financial practices and transparency. While the charity does have a fully independent board and meets some basic transparency requirements, critical policies related to conflicts of interest and whistleblower protections are absent.
On the positive side, the charity excels in its governance structure, with an entirely independent board and no reported material diversion of assets. Additionally, it maintains proper documentation of board meeting minutes and lists its website on its tax forms. However, the low score reflects a complete absence of program spending, which raises concerns about the organization’s operational effectiveness and its commitment to its mission.
The key limitations highlighted include missing policies that are vital for governance and accountability. The lack of these policies not only impacts the charity's score significantly but may also undermine donor trust and confidence in its operations. Overall, potential donors and supporters may want to consider these factors carefully before engaging with the British Home Foundation.
This AI summary has been generated from information found on Charity Navigator.
Is The British Home Foundation legitimate?
The British Home Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The British Home 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.
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
Official website here: www.cantatabestlife.org
What is the mission statement of The British Home Foundation?
The British Home Foundation's mission is primarily focused on supporting and benefiting the objectives of the British Home for Retired Men and Women, as well as other tax-exempt entities within its corporate system. This support encompasses activities such as fundraising, managing trusts, and administering grants for publicly supported organizations. The foundation's purpose is to foster, promote, develop, and invest funds, gifts, and contributions for these organizations, establish and manage trusts and endowments, and review and process grant applications. In essence, the British Home Foundation serves to support the financial needs and operations of eligible organizations.
Official website here: www.cantatabestlife.org
Who is the CEO of The British Home Foundation?
Karen Garrison is the Board President of The British Home Foundation. The CEO's salary of The British Home Foundation is $0 and their total compensation is $221,392.
Official website here: www.cantatabestlife.org
What is the revenue of The British Home Foundation?
The British Home Foundation's revenue in 2022 was $34,542.
Official website here: www.cantatabestlife.org
Who are the executives of The British Home Foundation and what are their salaries?
Here are 6 key members and their salaries (The British Home Foundation's CEO's salary is $0 and their total compensation is $221,392):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $193,408
- Other: $27,984
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cantatabestlife.org
Where can I find the form 990 for The British Home Foundation?
The British Home Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cantatabestlife.org
Learn more at the official website: www.cantatabestlife.org
Mission Statement of The British Home Foundation
The British Home Foundation is committed to exclusively supporting and benefiting the purposes of the British Home for Retired Men and Women, as well as any other exempt organizations within its corporate system, under Section 501(c)(3) of the Internal Revenue Service Code. Its mission involves fostering, promoting, developing, and accepting funds, gifts, and contributions for publicly supported organizations. The Foundation also creates, establishes, manages, supports, and administers trusts and endowments for the benefit of these organizations. Lastly, it reviews and processes grant applications and manages the expenditure of such grant funds on behalf of the publicly supported organizations. In essence, The British Home Foundation serves as a dedicated supporter, providing financial resources and assistance to organizations that share its purpose of benefiting retired men and women.
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Impact
October, 2024
The British Home Foundation significantly enhances the lives of retired men and women by providing essential support that strengthens the British Home for Retired Men and Women. Its impact is felt through the successful raising and management of funds, gifts, and contributions that are dedicated to fostering a nurturing environment for seniors. By creating and administering trusts and endowments, the Foundation ensures that resources are available for various initiatives aimed at benefiting the retired community.
Additionally, the Foundation plays a critical role in the grant process, reviewing applications and administering funds to support programs that align with its mission. This structured approach not only empowers the British Home but also actively contributes to community improvement, ensuring that the needs and well-being of seniors are prioritized and addressed effectively. The foundation's impact is palpable in the quality of life it helps to sustain for its beneficiaries.
This information is meant to be a general summary of The British Home 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.
- Gross Receipts: $34,542
Assets and Liabilities:
- Total Assets: $734,668
- Total Liabilities: $0
- Net Assets: $734,668
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Organization Details
Founding Year
2011
Phone
(708) 485-5757Principal Officer
Karen Garrison
Main Address
8700 W 31ST STREET, BROOKFIELD, IL, 605131097
Website
www.cantatabestlife.orgNTEE Category
Code: S11 - Community improvement
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