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Bbh Employee Relief Fund

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

EIN: 461351121 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bbh Employee Relief Fund?

The Bbh Employee Relief Fund is a charitable organization established to offer financial aid to employees and their families of Brown Brothers Harriman & Co. and its affiliates who encounter hardships due to natural or civil disasters or face severe financial struggles, such as unexpected medical expenses or the loss of a family member. This nonprofit's mission is to provide emergency and basic living expenses assistance to eligible employees in times of need, ensuring their well-being during difficult circumstances. The fund has previously extended financial relief to 13 individuals, demonstrating its commitment to supporting its community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (74%, Two-Star out of Four Star rating).

The Bbh Employee Relief Fund has received a rating indicating that it needs improvement, particularly due to a lack of independent board members. While the organization excels in accountability and finance with a perfect score of 100%, the governance structure raises concerns, as there are no independent members on the board. This situation could affect decision-making and transparency.

Despite these governance issues, the fund has shown strong financial health, with a program expense ratio of 84.58%, suggesting that a significant portion of its resources is directed towards its charitable programs. The organization has also implemented several important policies, such as a conflict of interest policy and a whistleblower policy, which are critical for operational integrity. However, the absence of a website listed on the tax form and missing tax documents on its website are noted limitations that may hinder public trust and accessibility.

Overall, while the Bbh Employee Relief Fund demonstrates solid financial management and commitment to its mission, the governance challenges and lack of transparency regarding its documentation could impact its overall effectiveness and public perception.


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

Is Bbh Employee Relief Fund legitimate?

Bbh Employee Relief Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bbh Employee Relief 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 Bbh Employee Relief Fund?

The Bbh Employee Relief Fund's mission is to offer financial aid to current and future employees of Brown Brothers Harriman & Co. and its affiliates, as well as their immediate family members, who have been affected by natural or civil disasters or are experiencing severe financial hardships. This aid is intended to help cover emergency and basic living expenses during challenging times. The fund's primary goal is to provide financial assistance to eligible employees and their families in need. As of reported data, the fund has provided relief to 13 individuals and their families.

Who is the CEO of Bbh Employee Relief Fund?

Kathryn C George is the Director, Chair Of The Boa of Bbh Employee Relief Fund.

What is the revenue of Bbh Employee Relief Fund?

Bbh Employee Relief Fund's revenue in 2022 was $31,380.

Who are the executives of Bbh Employee Relief Fund and what are their salaries?

There 11 volunteers at Bbh Employee Relief Fund.


Here are 8 key members and their salaries:


Kathryn C George (Director, Chair Of The Boa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin W Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maroa C Velez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Chacko (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Ham (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marla Barr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Rand (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hani Srouji (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bbh Employee Relief Fund?

Bbh Employee Relief Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bbh Employee Relief Fund

The Bbh Employee Relief Fund, in its mission, aims to provide financial assistance to present and future employees of Brown Brothers Harriman & Co. and its affiliates, as well as their immediate family members, who are victims of natural or civil disasters or are facing severe financial hardships. This nonprofit organization seeks to help eligible employees and their families with emergency and basic living expenses during times of need due to a catastrophic event. The Bbh Employee Relief Fund has demonstrated its commitment by providing financial relief to 13 employees and their families.

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Impact




August, 2024

The Bbh Employee Relief Fund has had a direct impact on 13 employees and their families by providing much-needed financial relief during times of crisis or severe financial hardship. This assistance has helped these individuals meet emergency and basic living expenses in the face of natural disasters, civil emergencies, or other challenging circumstances. The fund's mission to support eligible employees and their immediate family members in times of need due to catastrophic events aligns with its focus on human services, making a tangible difference in the lives of those it serves.




This information is meant to be a general summary of Bbh Employee Relief 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.

Revenue
$31,380 (2022)
Expenses
$144,801 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $31,380

Assets and Liabilities:

  • Total Assets: $731,975
  • Total Liabilities: $25
  • Net Assets: $731,950

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Organization Details

Founding Year

2012

Principal Officer

Kathryn C George

Main Address

CO BBH 140 BROADWAY NY TAX, NEW YORK, NY, 100051101

NTEE Category

Code: P60 - Human services

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