Overview
What is The Bill Cook Foundation Inc?
The Bill Cook Foundation Inc, situated in Geneseo, New York, is a dedicated nonprofit organization that aims to elevate the educational opportunities for underprivileged children globally. Their mission is to provide financial support for children's education, covering tuition fees and other necessary expenses, from basic literacy to university level. The foundation strives to empower these children by offering them the best possible education, helping them overcome financial barriers.
Official website here: www.billcookfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Bill Cook Foundation Inc has demonstrated strengths in areas such as having a fully independent board and a very high program expense ratio, which indicates that almost all of its expenditures are directed towards its programs rather than administrative costs. The foundation also shows accountability in its financial practices, with no material diversion of assets reported.
However, the organization faces significant limitations, particularly in its transparency and governance practices. It lacks critical documents such as financial statements and a whistleblower policy, which raises concerns about oversight and accountability. Additionally, the absence of its tax form on the nonprofit's website and missing document retention policies indicate areas that need improvement to enhance public trust.
Overall, while The Bill Cook Foundation Inc shows a commitment to directing funds to its mission, the shortcomings in its operational transparency and governance policies may hinder its overall impact and accountability to the public. Addressing these issues could significantly improve its standing and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Bill Cook Foundation Inc legitimate?
The Bill Cook Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bill Cook 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.billcookfoundation.org
What is the mission statement of The Bill Cook Foundation Inc?
The Bill Cook Foundation's mission is centered around providing education opportunities for some of the world's least privileged children. They strive to offer these children the best possible education, supporting them from basic literacy and vocational training, all the way up to university education. The foundation covers the children's tuition fees and other direct education-related expenses.
Official website here: www.billcookfoundation.org
Who is the CEO of The Bill Cook Foundation Inc?
William R Cook is the Member Of Th of The Bill Cook Foundation Inc.
Official website here: www.billcookfoundation.org
What is the revenue of The Bill Cook Foundation Inc?
The Bill Cook Foundation Inc's revenue in 2023 was $501,070.
Official website here: www.billcookfoundation.org
Who are the executives of The Bill Cook Foundation Inc and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.billcookfoundation.org
Where can I find the form 990 for The Bill Cook Foundation Inc?
The Bill Cook Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.billcookfoundation.org
Learn more at the official website: www.billcookfoundation.org
Mission Statement of The Bill Cook Foundation Inc
The Bill Cook Foundation, named after its benefactor, is committed to a noble mission. It strives to aid some of the world's most impoverished children in obtaining the highest level of education possible. The foundation's primary objective is to provide financial assistance for various educational needs, ranging from basic literacy and vocational training to university education. By covering tuition fees and direct expenses, the foundation aims to ensure that these children have the opportunity to build a better future for themselves.
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Impact
July, 2024
The Bill Cook Foundation Inc has a significant impact on some of the world's poorest children by helping them access the best education possible. The foundation supports education ranging from basic literacy and vocational schooling to university education. By funding tuition and other direct expenses for these children, The Bill Cook Foundation is making a tangible difference in improving educational opportunities for those in need.
This information is meant to be a general summary of The Bill Cook 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.
- Gross Receipts: $501,070
Assets and Liabilities:
- Total Assets: $112,377
- Total Liabilities: $0
- Net Assets: $112,377
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Organization Details
Founding Year
2015
Phone
(585) 703-2665Principal Officer
William R Cook
Main Address
3 OAK STREET, GENESEO, NY, 14454
Website
www.billcookfoundation.orgNTEE Category
Code: Q33 - International
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