Overview
What is Corey C Griffin Charitable Foundation?
The Corey C Griffin Charitable Foundation, established in the memory of Corey Griffin after his tragic passing in 2014, is a nonprofit organization based in Framingham, Massachusetts. The foundation's mission is to enhance the lives of primarily Boston-area children, particularly through strategic collaborations with leading educational and healthcare institutions. With a focus on faith-based initiatives, they aim to provide opportunities for children irrespective of their financial or health circumstances. One of their initiatives is the Corey House at Boston Children's Hospital, which offers patient family housing to families forced away from their homes due to their child's extended treatment. Another program, Corey's Kids, involves strategic investments to improve the lives and opportunities for youth. This includes supporting families of pediatric patients, funding juvenile mental health programming, offering scholarships, and sending underprivileged youth to leadership and character-building programs. The foundation partners with community leaders, businesses, and nonprofits to make a difference in children's lives by investing in their futures and well-being. For the years ended December 31, 2022, and 2021, the foundation awarded $807,250 and $682,550, respectively, in charitable grants to other organizations as part of this initiative. By focusing on access to high-quality education, character development, and comprehensive health care, the foundation aims to significantly impact a child's life, which will ultimately benefit society as a whole. Their experiential philanthropy model encourages active engagement in their work to impact children's lives.
Official website here: www.coreycgriffinfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating)
The Corey C Griffin Charitable Foundation has received a commendable Four-Star rating from Charity Navigator, primarily due to its strong accountability and finance practices. With a score of 95, the organization demonstrates a high level of transparency and efficiency, making it a reputable choice for donors. The foundation's financial health is further indicated by its low liabilities to assets ratio and a solid working capital ratio of 13.39 years.
One of the standout features of the foundation is its governance structure, boasting a fully independent board with 19 members. This independence is crucial for maintaining objectivity and ensuring that the foundation’s operations align with its mission. The organization has also implemented comprehensive policies, including those for conflict of interest and whistleblower protections, which enhances its credibility and reinforces trust among stakeholders.
However, while the program expense ratio is strong at 66.84%, there is a slight area for improvement as it falls short of the ideal benchmark. Overall, the Corey C Griffin Charitable Foundation showcases effective financial management and governance, making it a solid option for contributors looking to support philanthropic efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Corey C Griffin Charitable Foundation legitimate?
Corey C Griffin Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corey C Griffin Charitable 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: $30,128
Professional Fundraising Fees: $54,735
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.coreycgriffinfoundation.org
What is the mission statement of Corey C Griffin Charitable Foundation?
The Corey C. Griffin Charitable Foundation partners with leading nonprofit organizations to improve the lives of children in need. Its mission is to change the trajectory of these children's lives, particularly focusing on those in the Boston area, through strategic partnerships with educational and healthcare institutions. The foundation believes in providing opportunities for children, regardless of their financial or health circumstances.
One of their significant initiatives is The Corey House at Boston Children's Hospital, where they have partnered to provide patient family housing for families forced to stay away from their homes for extended periods during their child's treatment. The foundation also focuses on programs like Corey's Kids, investing in the futures and well-being of children through initiatives such as scholarships, supporting pediatric patients, and sending youth from underserved communities to leadership and character-building programs.
The Corey C. Griffin Charitable Foundation aims to change a child's life, understanding that this impact can significantly influence their future as adults and society as a whole. Their model of experiential philanthropy encourages deep engagement with their work to impact children's lives. For the years 2022 and 2021, the foundation awarded $807,250 and $682,550, respectively, in charitable grants to other charitable organizations as part of this initiative.
Official website here: www.coreycgriffinfoundation.org
Who is the CEO of Corey C Griffin Charitable Foundation?
Corey A Griffin is the Board Chair of Corey C Griffin Charitable Foundation.
Official website here: www.coreycgriffinfoundation.org
What is the revenue of Corey C Griffin Charitable Foundation?
Corey C Griffin Charitable Foundation's revenue in 2022 was $4,698,118.
Official website here: www.coreycgriffinfoundation.org
Who are the executives of Corey C Griffin Charitable Foundation and what are their salaries?
The average compensation at Corey C Griffin Charitable Foundation during 2022 was $30,128. There is 1 employee at Corey C Griffin Charitable Foundation.
Here are 21 key members and their salaries:
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Official website here: www.coreycgriffinfoundation.org
Where can I find the form 990 for Corey C Griffin Charitable Foundation?
Corey C Griffin Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coreycgriffinfoundation.org
Learn more at the official website: www.coreycgriffinfoundation.org
Mission Statement of Corey C Griffin Charitable Foundation
The Corey C. Griffin Charitable Foundation partners with leading nonprofit organizations to significantly impact the lives of children in need. Their mission is centered around improving the trajectories of these children, primarily in the Boston area, through strategic collaborations with renowned educational and healthcare institutions. The foundation places a strong emphasis on faith-based initiatives, believing that every child, regardless of their financial or health circumstances, deserves the opportunity to succeed.
The Corey C. Griffin Charitable Foundation has undertaken various initiatives to fulfill its mission. One such project is the partnership with Boston Children's Hospital to purchase patient family housing. This facility provides a much-needed respite for families of patients who are required to stay away from their homes for extended periods due to their child's treatment. The home is designed to offer a warm and welcoming environment to these families during their children's treatment.
Another significant focus of the foundation is its 'Corey's Kids' program. This initiative involves making strategic investments to improve the lives and opportunities of youth. These investments can range from supporting the families of pediatric patients at the Corey Griffin House to funding juvenile mental health programming, providing scholarships to students, or sending youth from underserved communities to leadership and character-building programs. The foundation partners with community leaders, leading businesses, and nonprofits to collectively make a difference in children's lives by investing in their futures and well-being.
The Corey C. Griffin Charitable Foundation's approach to philanthropy is experiential, providing opportunities to deeply engage in their work to impact children. For the years ending December 31, 2022, and 2021, the foundation awarded $807,250 and $682,550, respectively, in charitable grants to other charitable organizations as part of this initiative. The foundation's model of experiential philanthropy is making a profound impact on the lives of these children, not just as individuals, but also as future contributors to society.
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Impact
July, 2024
The Corey C. Griffin Charitable Foundation has a significant impact on the lives of children in need, primarily in the Boston area. Through strategic partnerships with leading educational and healthcare institutions, with an emphasis on faith-based initiatives, the foundation works to improve the lives and opportunities for youth. Their initiatives, such as supporting families of pediatric patients, providing scholarships, and sending youth from underserved communities to leadership programs, aim to positively influence the trajectory of children's lives.
One notable project is the Corey House at Boston Children's Hospital, which provides patient families with extended stay housing during their child's treatment. This initiative offers much-needed comfort and support to families during challenging times. By investing in children's futures and well-being through programs like "Corey's Kids," the foundation is making a profound impact not only on the lives of individual children but on society as a whole. Through grants, direct relief funding, and community partnerships, the Corey C. Griffin Charitable Foundation is dedicated to creating positive change in the lives of children in need.
This information is meant to be a general summary of Corey C Griffin Charitable 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: $110,509
- Gross Receipts: $9,450,387
Assets and Liabilities:
- Total Assets: $15,165,837
- Total Liabilities: $174,709
- Net Assets: $14,991,128
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Organization Details
Founding Year
2014
Phone
(617) 855-8789Principal Officer
Corey A Griffin
Main Address
205 NEWBURY STREET, FRAMINGHAM, MA, 01701
NTEE Category
Code: T12 - Philanthropy
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