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Fowler-Bonan Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454454609 ✦ Harrisburg, IL ✦ Designated as a 501(c)(3)

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Overview

What is Fowler-Bonan Foundation?

The Fowler-Bonan Foundation is a compassionate nonprofit organization situated in Harrisburg, Illinois. Their primary objective is to offer aid to low-income children and families who are experiencing hardship temporarily due to unforeseen circumstances such as fires or illnesses. They accomplish this mission by raising funds to provide essential items like shoes, clothes, and food. The foundation acts as a beacon of support during challenging times, striving to alleviate some of the burden for those in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)

The Fowler-Bonan Foundation has achieved a Three-Star rating from Charity Navigator, reflecting a solid overall score of 80%. This rating is primarily based on the organization's high marks in Accountability & Finance, indicating a strong commitment to transparency and responsible financial practices. Their score in this category showcases an impressive 98.41% for program expenses, meaning a significant portion of their funds is directed towards their mission-related activities.

The foundation benefits from a fully independent board, with 10 out of 10 members being independent, which contributes positively to its governance structure. Additional strengths include a robust conflict of interest policy and thorough documentation of board meeting minutes. These factors reinforce the foundation's dedication to maintaining ethical practices and effective oversight.

While the foundation demonstrates substantial strengths in financial accountability, there are no specific limitations noted in the available data. Overall, the Fowler-Bonan Foundation appears to be a responsible organization that prioritizes its charitable mission effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Fowler-Bonan Foundation legitimate?

Fowler-Bonan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fowler-Bonan 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

What is the mission statement of Fowler-Bonan Foundation?

The Fowler-Bonan Foundation's mission is centered around providing essential aid to low-income children and families who are temporarily affected by various hardships, such as disasters like fires or illnesses. Specifically, the foundation focuses on delivering shoes, clothing, and food during these challenging times. The primary source of income for this significant program is through donations, which are utilized to procure necessary items for those in need.

Who is the CEO of Fowler-Bonan Foundation?

Dale Fowler is the Secretary of Fowler-Bonan Foundation.

What is the revenue of Fowler-Bonan Foundation?

Fowler-Bonan Foundation's revenue in 2022 was $140,146.

Who are the executives of Fowler-Bonan Foundation and what are their salaries?


Here are 9 key members and their salaries:


Abbey Bonan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Fowler (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobbie Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Hayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Bonan Ii (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bethany Shaw (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Tison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fowler-Bonan Foundation?

Fowler-Bonan Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fowler-Bonan Foundation

The Fowler-Bonan Foundation is dedicated to aiding low-income children and families who are experiencing temporary hardships due to circumstances such as fires or illnesses. Their mission is twofold: providing shoes, clothing, and food to those in need. This nonprofit organization accomplishes its mission primarily through donations, using the collected funds to procure essential items for these families. The foundation's goal is to offer tangible support during challenging times, helping these children and families regain their footing and navigate their difficulties more easily.

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Impact




October, 2024

The Fowler-Bonan Foundation plays a vital role in supporting low-income children and families facing temporary hardships due to disasters like fires or illness. By providing essential items such as shoes, clothing, and food, the foundation directly enhances the well-being and stability of those in crisis. This support not only addresses immediate needs but also fosters resilience within affected communities, allowing families to regain their footing during difficult times. The foundation thrives on community donations, which are channeled into meaningful assistance, ultimately making a significant impact in Harrisburg, IL, and surrounding areas.




This information is meant to be a general summary of Fowler-Bonan 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.

Revenue
$140,146 (2022)
Expenses
$119,978 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $151,336

Assets and Liabilities:

  • Total Assets: $150,918
  • Total Liabilities: $5,000
  • Net Assets: $145,918

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Organization Details

Founding Year

2011

Principal Officer

Dale Fowler

Main Address

1356 ROCKY BRANCH ROAD, HARRISBURG, IL, 62946

NTEE Category

Code: P60 - Human services

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