Overview
What is Harry K Foundation?
The Harry K Foundation is a nonprofit organization, headquartered in Delaware, that actively works to combat hunger and food insecurity among underprivileged children in the region. They achieve this goal through various fundraising activities, such as annual galas, luncheons, and numerous events throughout the year. These events often include auctions of donated items and contribute significantly to the organization's resources. The Harry K Foundation further extends its support by collaborating with churches and schools to provide meals for children and families in need. Notably, the funds raised have also been instrumental in establishing and sustaining multiple food pantries across Delaware.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Harry K Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is based entirely on the Accountability & Finance metrics, which reflects positively on the organization's transparency and governance practices.
Strengths of the foundation include a fully independent board, with all 10 members having no conflicts of interest. The organization has demonstrated no material diversions of assets, ensuring that resources are being utilized effectively for its mission. Furthermore, a high program expense ratio of 78.25% signifies that a substantial portion of funds is directed towards programs rather than administrative costs.
While the foundation shows strong performance in financial accountability, the rating does not provide insights into programmatic outcomes or impact on the communities served. Therefore, while the financial health is commendable, potential donors may want to seek additional information on the effectiveness of the foundation's initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Harry K Foundation legitimate?
Harry K Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harry K 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 Harry K Foundation?
The Harry K Foundation's mission is centered around addressing the issue of hunger and food insecurity among underprivileged children. They achieve this by conducting various fundraisers, such as an annual gala and luncheon, and collecting contributions. These events often include auctions of donated items. The funds raised by the foundation are then utilized to support churches and schools, providing meals for children and families in need. Furthermore, the funds have also been instrumental in opening and maintaining multiple food pantries across Delaware.
Who is the CEO of Harry K Foundation?
Haresh B Keswani is the President of Harry K Foundation.
What is the revenue of Harry K Foundation?
Harry K Foundation's revenue in 2022 was $497,038.
Who are the executives of Harry K Foundation and what are their salaries?
There is 1 employee at Harry K Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Harry K Foundation?
Harry K Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Harry K Foundation
The Harry K Foundation, a nonprofit organization, is committed to addressing the issue of hunger and food insecurity among underprivileged children in Delaware. Their mission is to raise funds through various events and contributions, such as annual galas featuring donated items auctions and luncheons, as well as other fundraisers throughout the year. These funds are then utilized to aid churches and schools in providing meals for those in need. Additionally, the funds raised have been instrumental in opening and supporting multiple food pantries within Delaware, furthering their mission to alleviate hunger in the community.
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Impact
July, 2024
The Harry K Foundation has made a significant impact in alleviating the problem of hunger and food insecurity among underprivileged children in Delaware. Through fundraisers and contributions, the organization has been able to support multiple food pantries and provide meals to children and families in need. By partnering with churches and schools, the foundation has been able to reach those most affected by hunger and provide essential support. Overall, the Harry K Foundation's work has had a meaningful and tangible impact on combating food insecurity in Delaware.
This information is meant to be a general summary of Harry K 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 2022.
- Investment Income: $671
- Gross Receipts: $636,456
Assets and Liabilities:
- Total Assets: $704,012
- Total Liabilities: $247
- Net Assets: $703,765
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Organization Details
Founding Year
2013
Phone
(302) 226-0675Principal Officer
Haresh B Keswani
Main Address
313 SOUTH BOARDWALK, REHOBOTH BEACH, DE, 19971
NTEE Category
Code: B80 - Education
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