Overview
What is 0753177 Adams Temple & School Fund?
The 0753177 Adams Temple & School Fund is a nonprofit organization, specifically located in Boston, Massachusetts. Its primary focus is on providing grants, equaling to all the income of a trust, to support the Woodward School for Girls. The organization's mission revolves around making substantial contributions to this educational institution, thereby contributing positively to its operations and growth. The Woodward School for Girls likely benefits from these grants, as they aim to enhance its capabilities and resources. The Fund's activities are centered around its commitment to supporting this particular school.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 23%, Zero-Star out of Four Star rating.
The Adams Temple & School Fund has received a low score of 23%, indicating significant concerns regarding its accountability and financial management practices. While the organization has achieved a perfect score for having a majority of independent board members, it falls short in several critical areas, including independent board size and financial transparency, which are essential for maintaining donor trust and effective governance.
The organization scored zero points in several key categories such as conflict of interest policy, whistleblower policy, and the posting of required documents on its website. These deficiencies suggest a lack of established protocols that are necessary for ethical operations and safeguarding donor contributions. Additionally, the liabilities to assets ratio being rated at zero raises concerns about the financial health of the organization.
Despite a few strengths noted, including material diversion of assets and well-documented board meeting minutes, the overall performance of the Adams Temple & School Fund reflects a need for substantial improvements. Prospective donors may want to consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is 0753177 Adams Temple & School Fund legitimate?
0753177 Adams Temple & School Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. 0753177 Adams Temple & School Fund 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 0753177 Adams Temple & School Fund?
The 0753177 Adams Temple & School Fund's mission is centered around providing grants to support the Woodward School for Girls. This mission is carried out by making financial contributions equal to the income of the trust, which is directly allocated to the Woodward School for Girls. The goal of these grants is to contribute to the school's operations and overall well-being. While the fund does not have a broad-spectrum mission like some other organizations, its focus on supporting education for girls at the Woodward School is its primary objective.
Who is the CEO of 0753177 Adams Temple & School Fund?
Thomas Jalkut is the Trustee of 0753177 Adams Temple & School Fund.
What is the revenue of 0753177 Adams Temple & School Fund?
0753177 Adams Temple & School Fund's revenue in 2022 was $89,369.
Who are the executives of 0753177 Adams Temple & School Fund and what are their salaries?
There 1 volunteer at 0753177 Adams Temple & School Fund.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 0753177 Adams Temple & School Fund?
0753177 Adams Temple & School Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 0753177 Adams Temple & School Fund
The 0753177 Adams Temple & School Fund is committed to supporting the Woodward School for Girls through grant-making. Their mission is to channel all the income generated from the trust into this particular educational institution, thereby contributing to its growth and development. This philanthropic organization plays a crucial role in sustaining the Woodward School for Girls, ensuring that it continues to provide quality education to its students.
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Impact
October, 2024
0753177 Adams Temple & School Fund significantly impacts the educational landscape by providing essential financial support to the Woodward School for Girls in Boston, MA. By making grants equal to the entire income of the trust, it ensures that the school has the necessary resources to enhance its programs and services. This support directly contributes to the academic development and overall well-being of students at the Woodward School, fostering an environment where young women can thrive and achieve their educational goals. The fund's commitment to education helps empower the next generation of female leaders, equipping them with the skills and knowledge needed for future success.
This information is meant to be a general summary of 0753177 Adams Temple & School Fund. 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: $89,369
- Gross Receipts: $697,990
Assets and Liabilities:
- Total Assets: $4,427,922
- Total Liabilities: $0
- Net Assets: $4,427,922
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Organization Details
Phone
(617) 439-2000Principal Officer
Thomas Jalkut
Main Address
PO BOX 51400, BOSTON, MA, 022058982
NTEE Category
Code: B12 - Education
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