Overview
What is Henry Aucoin Foundation?
The Henry Aucoin Foundation, established in Harahan, Louisiana, functions as a grantmaking public charity. Their primary objective is to advance the cause of charity by facilitating its activities. As a grantmaker, they provide financial assistance to various initiatives, contributing to various charitable endeavors.
Official website here: www.henryaucoinfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Stars)
The Henry Aucoin Foundation has received a low rating of 36%, which indicates several significant concerns related to its accountability and financial management. The foundation's score is derived entirely from its accountability and finance metrics, with notable strengths in board independence and asset management, but weaknesses in policy frameworks and program expenses.
The organization has a fully independent board, with all members meeting the criteria, and no material diversion of assets has been reported, showcasing a commitment to governance. However, the foundation is lacking essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, resulting in zero points for these crucial areas.
Additionally, the program expense ratio stands at only 43.76%, which raises questions about the effectiveness of its spending. Overall, while the foundation demonstrates strong governance aspects, its lack of critical policies and low program expense ratio limit its financial accountability and operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Henry Aucoin Foundation legitimate?
Henry Aucoin Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henry Aucoin 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:
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Official website here: www.henryaucoinfoundation.org
What is the mission statement of Henry Aucoin Foundation?
The Henry Aucoin Foundation, being a grantmaking public charity, is committed to advancing the work of charitable organizations. Their mission, in its essence, is to support and enhance the activities undertaken by charitable entities. This mission serves to contribute positively to various societal causes and initiatives.
Official website here: www.henryaucoinfoundation.org
What is the revenue of Henry Aucoin Foundation?
Henry Aucoin Foundation's revenue in 2023 was $55,543.
Official website here: www.henryaucoinfoundation.org
Who are the executives of Henry Aucoin Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.henryaucoinfoundation.org
Where can I find the form 990EZ for Henry Aucoin Foundation?
Henry Aucoin Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.henryaucoinfoundation.org
Learn more at the official website: www.henryaucoinfoundation.org
Mission Statement of Henry Aucoin Foundation
The Henry Aucoin Foundation, functioning as a grantmaking public charity, is committed to advancing the objectives of the charitable sector. Its mission, in simple terms, is to contribute to and amplify the impact of charitable activities. The foundation's role is to support and promote various charitable initiatives, aiming to foster growth and development within the charitable sector.
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Impact
August, 2024
The Henry Aucoin Foundation's impact is focused on furthering the activity of the charity, particularly in the area of health. Through its grantmaking efforts, the foundation is able to support and enhance the work of charitable organizations in Harahan, LA, and beyond. By providing financial assistance and resources, the foundation plays a crucial role in improving the health and well-being of individuals and communities.
This information is meant to be a general summary of Henry Aucoin 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.
- Gross Receipts: $104,723
Assets and Liabilities:
- Total Assets: $40,676
- Total Liabilities: $0
- Net Assets: $40,676
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Organization Details
Founding Year
2013
Principal Officer
Susan Sciortino Aucoin
NTEE Category
Code: E80 - Health
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