Overview
What is Foundation Forward Inc?
Foundation Forward Inc is a nonprofit organization based in Valdese, North Carolina. With a team of 11 dedicated individuals, their primary mission is to promote the significance of the Declaration of Independence, the United States Constitution, and the Bill of Rights, collectively referred to as the "Charter of Freedom." They aim to achieve this objective by constructing monuments dedicated to these founding documents in various communities across the United States. The organization's vision is to provide easy access and education about these historic documents in every community nationwide, ultimately working to preserve American history. In 2022, they dedicated five such monuments and had plans to develop 18 more.
Official website here: www.chartersoffreedom.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61% (Two-Star out of Four Star rating)
Foundation Forward Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. The organization has a low overall score of 61%, primarily due to missing essential governance documents such as a conflict of interest policy and a whistleblower policy. While the charity has an acceptable liabilities to assets ratio of 1.10% and a high program expense ratio of 78.33%, the absence of key accountability measures raises questions about its governance.
On the positive side, the nonprofit demonstrates a commitment to transparency, as evidenced by the documentation of board meeting minutes and the listing of its website on the tax form. Additionally, the organization has a fully independent board size, which is a strength in terms of governance. However, the effectiveness of its board is limited by the low percentage of independent board members.
Overall, while Foundation Forward Inc shows a strong commitment to program spending relative to its income, the significant shortcomings in governance policies suggest the need for improvement in its accountability practices. Addressing these issues could enhance the organization’s credibility and ensure better oversight of its operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Foundation Forward Inc?
Although Foundation Forward Inc currently has only a few reviews, the sentiments expressed are quite positive. One reviewer highlights the program as "wonderful," which suggests a high level of satisfaction with what the nonprofit offers. The mention of beautiful monuments further indicates that the aesthetic and emotional aspects of the foundation's initiatives are appreciated.
Overall, even with limited ratings, it appears that this nonprofit is making a strong impression on those who have engaged with its work. Enthusiastic comments point to a dedication to meaningful projects that resonate with participants.
This AI summary has been generated from reviews found on Facebook.
Is Foundation Forward Inc legitimate?
Foundation Forward Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Forward 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $21,852
Other Salaries and Wages: $459,676
For more financial information, click here
Official website here: www.chartersoffreedom.com
What is the mission statement of Foundation Forward Inc?
Foundation Forward Inc, as an educational project, is dedicated to promoting easy access to the Declaration of Independence, the United States Constitution, and the Bill of Rights for all communities across the nation. Their vision is to extend this access and education to every community in the United States. The organization's primary goal is to educate and preserve American history by constructing Charter of Freedom monuments and providing opportunities for the public to engage with these foundational documents.
Official website here: www.chartersoffreedom.com
Who is the CEO of Foundation Forward Inc?
Vance M Patterson is the Chairman of Foundation Forward Inc.
Official website here: www.chartersoffreedom.com
What is the revenue of Foundation Forward Inc?
Foundation Forward Inc's revenue in 2022 was $1,015,629.
Official website here: www.chartersoffreedom.com
Who are the executives of Foundation Forward Inc and what are their salaries?
The average compensation at Foundation Forward Inc during 2022 was $41,789. There are 11 employees at Foundation Forward Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $69,079
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- Other: $0
- Compensation: $76,923
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chartersoffreedom.com
Where can I find the form 990 for Foundation Forward Inc?
Foundation Forward Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chartersoffreedom.com
Learn more at the official website: www.chartersoffreedom.com
Mission Statement of Foundation Forward Inc
Foundation Forward Inc, an educational project, is passionately committed to making the fundamental documents of American freedom readily accessible to all. These charters of freedom, which include the Declaration of Independence, the United States Constitution, and the Bill of Rights, have safeguarded the liberty and rights of the American people. The mission of Foundation Forward Inc is to construct monuments representing these charters of freedom in communities nationwide, thereby facilitating easy access to these foundational documents. The organization aspires to extend this access and education to every community in the United States of America. Its ultimate goal is to educate and preserve American history, fostering a deeper understanding and appreciation for the roots of the nation's freedom and rights.
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Impact
July, 2024
Foundation Forward Inc's impact lies in its mission to educate and preserve American history by building Charters of Freedom monuments in communities across the country. By providing easy access to the Declaration of Independence, the United States Constitution, and the Bill of Rights, Foundation Forward Inc ensures that the foundational documents that secure the freedom and rights of the American people are accessible to all. This initiative not only educates individuals about their history but also fosters a sense of national pride and appreciation for the values enshrined in these important documents. Through their dedication to this cause, Foundation Forward Inc is making a significant contribution to preserving American heritage and values for current and future generations.
This information is meant to be a general summary of Foundation Forward 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.
- Gross Receipts: $1,015,629
Assets and Liabilities:
- Total Assets: $602,716
- Total Liabilities: $6,665
- Net Assets: $596,051
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Organization Details
Founding Year
2013
Phone
(828) 475-6670Principal Officer
Vance M Patterson
Main Address
227 MAIN STREET WEST, VALDESE, NC, 28690
Website
www.chartersoffreedom.comNTEE Category
Code: W99 - Public benefit
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