Overview
What is Arnold & Winnie Palmer Foundation Inc?
Arnold & Winnie Palmer Foundation Inc is a charitable organization based in Orlando, Florida, with a mission to foster youth character development, prioritize children's health, champion environmental stewardship, and promote overall well-being. The foundation preserves and enhances the legacy of Arnold Palmer in golf and American history, sharing it as a practical and inspiring component of its charitable and educational pillars. By providing financial support to various institutions and organizations, the foundation encourages initiatives aligned with its core values, such as programs that support these same areas and contribute to Arnold Palmer's legacy.
Official website here: www.palmerfoundation.org
What are the reviews and ratings of this charity?
**Rating: 84% (Three-Star out of Four Star Rating from Charity Navigator)**
The Arnold & Winnie Palmer Foundation has received an 84% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The rating reflects the organization’s financial health, governance practices, and commitment to transparency, showcasing a strong independent board and effective oversight of financial statements. However, it does have notable gaps in its policy disclosures, such as the absence of a whistleblower policy and not posting its tax form on the website, which could detract from its overall accountability.
Strengths of the foundation include an impressive program expense ratio and strong fundraising efficiency, which suggests it is well-managed and capable of utilizing its funds effectively to promote its mission. The organization boasts a robust independent board and well-defined financial practices, indicating a compliance to governance standards. Nonetheless, the program expense ratio is a concern, as it is relatively low, reflecting only a little over half of its expenses being directed towards programmatic activities.
User reviews from GreatNonprofits could not be fetched; hence, there is no feedback available from individuals directly interacting with the foundation. Overall, while the Arnold & Winnie Palmer Foundation demonstrates significant strengths in governance, it should address its policy disclosures to enhance its accountability and public trust further.
This AI summary has been generated from information found on Charity Navigator.
Is Arnold & Winnie Palmer Foundation Inc legitimate?
Arnold & Winnie Palmer Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arnold & Winnie Palmer 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $173,236
Professional Fundraising Fees: $0
Other Salaries and Wages: $429,420
For more financial information, click here
Official website here: www.palmerfoundation.org
What is the mission statement of Arnold & Winnie Palmer Foundation Inc?
The Arnold & Winnie Palmer Foundation's mission is centered around promoting three main areas: youth character development, children's health, and environmental stewardship. Additionally, they aim to preserve and enhance the legacy of Arnold Palmer in golf and American history, sharing it as a practical and inspirational component of their charitable and educational pillars. The organization provides financial support to institutions and organizations that align with these initiatives. Their mission is also geared towards improving overall well-being.
Official website here: www.palmerfoundation.org
What is the revenue of Arnold & Winnie Palmer Foundation Inc?
Arnold & Winnie Palmer Foundation Inc's revenue in 2023 was $2,991,933.
Official website here: www.palmerfoundation.org
Who are the executives of Arnold & Winnie Palmer Foundation Inc and what are their salaries?
There 25 volunteers at Arnold & Winnie Palmer Foundation Inc.
Here are 8 key members and their salaries:
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- Other: $0
- Compensation: $173,236
- Related: $346,472
- Other: $0
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- Other: $0
Official website here: www.palmerfoundation.org
Where can I find the form 990 for Arnold & Winnie Palmer Foundation Inc?
Arnold & Winnie Palmer Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.palmerfoundation.org
Learn more at the official website: www.palmerfoundation.org
Mission Statement of Arnold & Winnie Palmer Foundation Inc
The Arnold & Winnie Palmer Foundation Inc is committed to advancing several key areas: youth character development, children's health, environmental stewardship, and overall well-being. In addition to this, the foundation aims to preserve, enhance, and promote the legacy of Arnold Palmer in golf and American history. This is done by sharing this legacy as a practical and inspiring component of their charitable and educational pillars. The organization also extends its support financially to institutions and organizations that align with these same programs and initiatives. By doing so, the Arnold & Winnie Palmer Foundation Inc seeks to make a significant impact in various aspects of society, touching the lives of many.
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Impact
July, 2024
Arnold & Winnie Palmer Foundation Inc's impact is focused on promoting youth character development, children's health, environmental stewardship, and overall well-being. The foundation also works towards preserving, enhancing, and promoting the legacy of Arnold Palmer in golf and American history. By providing financial support to institutions and organizations that align with these objectives, the foundation contributes significantly to the advancement of these programs and initiatives, ultimately benefiting the community and future generations.
This information is meant to be a general summary of Arnold & Winnie Palmer 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 2023.
- Investment Income: $560,626
- Gross Receipts: $3,403,709
Assets and Liabilities:
- Total Assets: $24,791,336
- Total Liabilities: $841,661
- Net Assets: $23,949,675
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Organization Details
Founding Year
2014
Principal Officer
Brian Battles
Website
www.palmerfoundation.orgNTEE Category
Code: T90 - Philanthropy
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