Overview
What is Thousand Island Park Foundation Inc?
Thousand Island Park Foundation Inc is a nonprofit organization situated in Thousand Island Park, New York. Their primary mission is to bolster cultural and educational programs within the area while preserving its history and historical buildings. In 2022, they granted funds to several organizations, including the Tabernacle Community Association, Landmark Society, Friends of Rock Ridges, and Thousand Island Park Historical Association & Museum, among others. Additionally, the foundation contributed to various community events, such as musical performances, wildlife and astronomy presentations, and kids' activities, spending a total of $12,520. Their philanthropic efforts aim to stimulate educational, cultural, religious, and recreational activities in this historic district.
Official website here: www.tiparkfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Thousand Island Park Foundation Inc has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. This rating reflects a full score derived from a single beacon score, emphasizing the foundation's effective financial practices. The organization demonstrates a high level of transparency and governance, with 100% of its board members being independent.
Strengths of the foundation include its solid accountability measures, such as the absence of any material diversions of assets and the presence of comprehensive conflict of interest and whistleblower policies. Additionally, the foundation maintains a favorable liabilities to assets ratio of 5.86% and a program expense ratio of 90.18%, showcasing its focus on program delivery over administrative costs.
While the data highlights significant strengths, there are no noted limitations or areas for improvement in the provided information. Overall, the Thousand Island Park Foundation Inc exemplifies effective nonprofit management, making it a trustworthy choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Thousand Island Park Foundation Inc legitimate?
Thousand Island Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thousand Island Park Foundation Inc 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.
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Official website here: www.tiparkfoundation.com
What is the mission statement of Thousand Island Park Foundation Inc?
The Thousand Island Park Foundation's mission is to establish a philanthropic atmosphere that encourages and facilitates educational, cultural, religious, and recreational activities. This non-profit organization aims to preserve the history, heritage, and historic buildings of a specific district, while simultaneously promoting its growth and revitalization. The foundation's objectives encompass supporting the community's educational and cultural programs, thereby enhancing its overall development.
Official website here: www.tiparkfoundation.com
Who is the CEO of Thousand Island Park Foundation Inc?
David R Lake is the Former Chairperson / Curre of Thousand Island Park Foundation Inc.
Official website here: www.tiparkfoundation.com
What is the revenue of Thousand Island Park Foundation Inc?
Thousand Island Park Foundation Inc's revenue in 2022 was $54,363.
Official website here: www.tiparkfoundation.com
Who are the executives of Thousand Island Park Foundation Inc and what are their salaries?
There 13 volunteers at Thousand Island Park Foundation Inc.
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Official website here: www.tiparkfoundation.com
Where can I find the form 990 for Thousand Island Park Foundation Inc?
Thousand Island Park Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tiparkfoundation.com
Learn more at the official website: www.tiparkfoundation.com
Mission Statement of Thousand Island Park Foundation Inc
The Thousand Island Park Foundation is a philanthropic entity committed to fostering educational, cultural, religious, and recreational activities in its designated district. Established as an independent non-profit public foundation, this organization's mission is to create an environment that encourages and facilitates these activities while preserving the history, heritage, and historical buildings of the Thousand Island Park. By doing so, the Foundation aims to contribute to the overall development and revitalization of the community, ensuring its continuity and rich legacy for future generations.
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Impact
August, 2024
Thousand Island Park Foundation Inc's impact is evident in its support for cultural and educational programs in Thousand Island Park, New York, as well as its efforts to enhance and revitalize the historic infrastructure of the park. Through grants awarded to organizations such as the Tabernacle Community Association, Landmark Society, Friends of Rock Ridges, Thousand Island Park Historical Association & Museum, and Thousand Island Park Library, the foundation plays a vital role in preserving the history, heritage, and historical buildings of the area.
Furthermore, the foundation's funding of various events, including musical performances, wildlife and astronomy educational presentations, community parades, clean-up initiatives, movie nights, kids activities, and fishing derbies, enriches the lives of residents and visitors alike. By providing a philanthropic environment that supports a range of activities in Thousand Island Park, the foundation contributes significantly to the cultural and recreational opportunities available in the area.
This information is meant to be a general summary of Thousand Island Park Foundation Inc. 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: $6,279
- Gross Receipts: $54,363
Assets and Liabilities:
- Total Assets: $489,670
- Total Liabilities: $0
- Net Assets: $489,670
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Organization Details
Founding Year
2013
Phone
(315) 482-2576Principal Officer
David R Lake
Main Address
42822 ST LAWRENCE AVE UNIT 236, THOUSAND ISLAND PARK, NY, 13692
Website
www.tiparkfoundation.comNTEE Category
Code: A80 - Arts
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