Overview
What is Hbcu Green Fund Inc?
Hbcu Green Fund Inc is a nonprofit organization based in Forest Park, Georgia, with a mission to advance sustainability within Historically Black Colleges and Universities (HBCUs). The organization offers year-long fellowship programs, providing students with opportunities to engage in clean energy initiatives and collaborate with industry leaders and entrepreneurs. Through these programs, students gain knowledge in areas like wind energy and electric vehicle charging station deployment. Hbcu Green Fund Inc also facilitates international experiences, taking students to Africa to study and implement global energy initiatives. The organization supports HBCUs by financing, building, and upgrading their infrastructures, offering sustainability education, and providing resources for students to advocate for a cleaner future.
Official website here: www.hbcugreenfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%
The HBCU Green Fund Inc has received a low rating of 39%, indicating significant concerns regarding its accountability and financial practices. The organization has a Zero-Star out of Four Star rating, reflecting its struggles in governance, particularly with board independence, as it has no independent board members. While the charity has some positive elements, such as a complete conflict of interest policy and an audit committee, the overall governance structure raises red flags.
Strengths of the HBCU Green Fund include a solid approach to maintaining some policies like whistleblower and document retention. However, the absence of independent board members means there is a potential lack of oversight. Additionally, though the charity demonstrated good practices in specific areas like material asset diversion and website transparency, the absence of financial statements on their website and a lack of program expenses severely hinders their financial accountability.
Overall, while the HBCU Green Fund has a framework in place for certain policies, the fundamental issues surrounding board independence and financial transparency present significant limitations. Prospective donors and stakeholders should consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Hbcu Green Fund Inc legitimate?
Hbcu Green Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hbcu Green Fund 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: $132,195
Professional Fundraising Fees: $2,373
Other Salaries and Wages: $151,261
For more financial information, click here
Official website here: www.hbcugreenfund.org
What is the mission statement of Hbcu Green Fund Inc?
The mission of HBCU Green Fund Inc is centered around enhancing the sustainability of Historically Black Colleges and Universities (HBCUs). To achieve this, the organization provides opportunities for students to engage in clean energy programs, allowing them to interact with industry leaders and entrepreneurs. The HBCU Green Fund Fellowship Program introduces concepts such as wind energy and electric vehicle charging stations. Furthermore, collaborations with organizations like the Russell Center for Innovation and Entrepreneurship, the HBCU Green Fund, and the US Department of Energy expose students from various HBCUs to the clean energy sector. The organization also finances, builds, and upgrades infrastructure at HBCUs, offering sustainability education to students. These students are equipped with resources to advocate and lead the fight for a cleaner future.
Official website here: www.hbcugreenfund.org
Who is the CEO of Hbcu Green Fund Inc?
Felicia Davis is the Ceo of Hbcu Green Fund Inc. The CEO's salary of Hbcu Green Fund Inc is $0 and their total compensation is $0.
Official website here: www.hbcugreenfund.org
What is the revenue of Hbcu Green Fund Inc?
Hbcu Green Fund Inc's revenue in 2022 was $659,769.
Official website here: www.hbcugreenfund.org
Who are the executives of Hbcu Green Fund Inc and what are their salaries?
There 10 volunteers at Hbcu Green Fund Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hbcugreenfund.org
Where can I find the form 990 for Hbcu Green Fund Inc?
Hbcu Green Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hbcugreenfund.org
Learn more at the official website: www.hbcugreenfund.org
Mission Statement of Hbcu Green Fund Inc
HBCU Green Fund Inc, a dedicated organization, is committed to advancing the sustainability of Historically Black Colleges and Universities (HBCUs). Through its mission, the nonprofit aims to equip these institutions with the necessary resources and knowledge to promote environmental consciousness. The organization accomplishes this by offering fellowship programs that provide students with opportunities to engage in clean energy education, working with industry leaders and entrepreneurs. These programs introduce concepts such as wind energy and electric vehicle charging station deployment, providing students with a comprehensive understanding of the sector.
In addition to this, HBCU Green Fund Inc collaborates with organizations like the Russell Center for Innovation and Entrepreneurship and the US Department of Energy to expose students to the clean energy sector. The organization also takes HBCU students on trips to Africa to study, document, and implement global energy initiatives, broadening their perspectives and expanding their horizons. Beyond education, HBCU Green Fund Inc also plays a role in financing, building, and upgrading infrastructure at HBCUs, ensuring they have the necessary facilities to support their sustainability goals. Furthermore, the organization provides resources and support to students, empowering them to advocate and lead the fight for a cleaner future.
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Impact
July, 2024
Hbcu Green Fund Inc's impact can be seen in the advancement of sustainability within historically Black colleges and universities (HBCUs). Through programs like the HBCU Green Fund Fellows program, students have had the opportunity to engage in clean energy knowledge programs, interact with industry leaders and entrepreneurs, and learn about areas such as wind energy and electric vehicle charging station deployment.
Furthermore, the organization has collaborated with entities like the Russell Center for Innovation and Entrepreneurship and the US Department of Energy to provide exposure and engagement in the clean energy sector for students from HBCUs across the country. Additionally, Hbcu Green Fund Inc has facilitated trips to Africa for HBCU students to study, document, and implement global energy initiatives.
By financing, building, and upgrading infrastructures at HBCUs, providing sustainability education to students, and equipping them with resources to advocate for a cleaner future, Hbcu Green Fund Inc is making a significant impact in promoting sustainability within the HBCU community.
This information is meant to be a general summary of Hbcu Green Fund 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: $659,769
Assets and Liabilities:
- Total Assets: $188,807
- Total Liabilities: $0
- Net Assets: $188,807
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Organization Details
Founding Year
2018
Phone
(678) 612-6497Principal Officer
Felicia Davis
Main Address
627 LINDA WAY, Forest Park, GA, 30297
Website
www.hbcugreenfund.orgNTEE Category
Code: B02 - Education
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