Overview
What is The Chipman Foundation Inc?
The Chipman Foundation Inc, located in Salisbury, Maryland, is a nonprofit organization that offers a low-cost, publicly accessible recreational facility. This center serves as a hub for diverse cultural activities, such as music, theatre, history, and educational programs. Beyond its recreational offerings, the foundation also houses a museum showcasing the rich history and culture of African Americans living along the Eastern Shore of Maryland and Delaware. The foundation's mission is to provide both the recreational facility and this unique museum, contributing to the local community's cultural enrichment.
Official website here: www.chipmancenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Chipman Foundation Inc has received a solid score of 83%, reflecting a strong emphasis on accountability and finance. This rating is derived entirely from its Accountability & Finance score, which indicates that the organization operates with a high level of transparency and responsibility in its financial practices. Notably, the foundation has a fully independent board with no material diversion of assets, highlighting its commitment to good governance.
Key strengths include an impressive program expense ratio of 100%, which suggests that all of its funds are directed towards its programs. The foundation also maintains a robust conflict of interest policy and has documented board meeting minutes, which are positive indicators of its operational integrity. However, the absence of a whistleblower policy and a document retention policy is noted as a limitation, alongside the fact that its tax form is not posted on its website.
Overall, while The Chipman Foundation Inc demonstrates a commendable commitment to accountability and program funding, addressing the missing policies and enhancing transparency regarding its tax documentation could further strengthen its operations and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Chipman Foundation Inc legitimate?
The Chipman Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Chipman 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.chipmancenter.org
What is the mission statement of The Chipman Foundation Inc?
The Chipman Foundation Inc's mission is centered around providing a low-cost public recreational facility that caters to various activities such as music, theatre, history, and educational programs. Additionally, the foundation operates a museum showcasing the rich cultural heritage of African Americans on the Eastern Shore of Maryland and Delaware. The primary objective of the Chipman Foundation is to make these facilities accessible to the general public, promoting diversity and education in the process.
Official website here: www.chipmancenter.org
What is the revenue of The Chipman Foundation Inc?
The Chipman Foundation Inc's revenue in 2024 was $36,311.
Official website here: www.chipmancenter.org
Who are the executives of The Chipman Foundation Inc and what are their salaries?
There 7 volunteers at The Chipman Foundation Inc.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chipmancenter.org
Where can I find the form 990 for The Chipman Foundation Inc?
The Chipman Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.chipmancenter.org
Learn more at the official website: www.chipmancenter.org
Mission Statement of The Chipman Foundation Inc
The Chipman Foundation Inc is committed to providing a low-cost public recreational facility and showcasing the history and culture of African Americans on the Eastern Shore of Maryland and Delaware. Through this mission, the organization offers a diverse range of programs, including music, theatre, history, and educational activities. By making these facilities accessible to the public, The Chipman Foundation Inc fosters a sense of community and encourages learning and appreciation for African American heritage. The foundation also houses a museum, which serves as a tribute to the rich history and contributions of African Americans in the region. By providing these resources, The Chipman Foundation Inc aims to promote unity and understanding, as well as preserve the legacy of African Americans for future generations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Chipman Foundation Inc's impact can be seen in the provision of a low-cost public recreational facility and a museum showcasing African Americans on the Eastern Shore of Maryland and Delaware. By offering affordable access to a recreational space that hosts diverse music, theatre, history, and educational programs, The Chipman Foundation contributes to the cultural enrichment and community engagement of individuals in Salisbury, Maryland. Additionally, through its museum highlighting the significant contributions and stories of African Americans in the region, the foundation plays a role in promoting awareness, understanding, and appreciation of this important heritage. This dual focus on recreation and education aligns with the foundation's mission to provide accessible opportunities for leisure and cultural exploration, making a valuable impact on the local community.
This information is meant to be a general summary of The Chipman 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 2024.
- Investment Income: $61
- Program Service Revenue: $16,133
- Gross Receipts: $36,311
Assets and Liabilities:
- Total Assets: $338,593
- Total Liabilities: $800
- Net Assets: $337,793
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$15,333
PARSONAGE RENTAL
Revenue
$800
Organization Details
If you are a representative of The Chipman Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.