Martin S Himeles Sr Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521489357 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Martin S Himeles Sr Foundation Inc?

Martin S Himeles Sr Foundation Inc is a charitable organization situated in Baltimore, Maryland, specifically at 101 WEST MOUNT ROYAL AVENUE. The foundation's primary purpose is to support public charitable organizations, aligning with the mission of the Jewish Community Federation of Baltimore, Inc. (also known as The Associated). Its goal is to carry out the charitable, educational, and religious objectives of The Associated, and it achieves this by granting funds to various eligible organizations. The foundation's contributions aid in furthering the mission of The Associated, thereby contributing to the betterment of the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

The Martin S Himeles Sr Foundation Inc holds a Two-Star rating on Charity Navigator, indicating a need for improvement in certain operational areas despite achieving a perfect score for Accountability & Finance. The organization demonstrates strong governance with 100% independent board members, and it maintains a low liabilities to assets ratio, showcasing financial stability. Additionally, its high program expense ratio of 90.28% reflects a commitment to funding programs effectively.

However, the foundation faces several governance challenges that negatively impact its overall rating. Key policies, including a conflict of interest policy, whistleblower policy, and document retention and destruction policy, are notably missing. Furthermore, the absence of a website listed on the tax form and the lack of posted tax documents on its site contribute to the rating's shortcomings.

While the foundation exhibits strong financial management and a commitment to its mission, addressing these governance gaps and increasing transparency could enhance its credibility and overall effectiveness in serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Martin S Himeles Sr Foundation Inc legitimate?

Martin S Himeles Sr Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin S Himeles Sr 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

What is the mission statement of Martin S Himeles Sr Foundation Inc?

The Martin S Himeles Sr Foundation Inc was established with the purpose of supporting charitable, educational, and religious causes. This foundation carries out its mission by making grants to public charitable organizations, aligning with the objectives of its associate, the Jewish Community Federation of Baltimore Inc. The grants provided by the foundation aim to advance the cause of its associate, contributing to various charitable initiatives.

Who is the CEO of Martin S Himeles Sr Foundation Inc?

Marc B Terrill is the President And Public Director of Martin S Himeles Sr Foundation Inc.

What is the revenue of Martin S Himeles Sr Foundation Inc?

Martin S Himeles Sr Foundation Inc's revenue in 2023 was $9,765.

Who are the executives of Martin S Himeles Sr Foundation Inc and what are their salaries?

There 8 volunteers at Martin S Himeles Sr Foundation Inc.


Here are 11 key members and their salaries:


Marc B Terrill (President And Public Director)
  • Compensation: $0
  • Related: $841,681
  • Other: $45,897
Michael I Friedman (Secretary And Public Director)
  • Compensation: $0
  • Related: $253,852
  • Other: $12,123
Jackie Yahr (Asst. Secretary & Public Director)
  • Compensation: $0
  • Related: $105,576
  • Other: $6,222
Betty Jean Himeles (Vice President & Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Norden (Treasurer And Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin S Himeles Jr (Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey D Himeles (Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Kaplan (Public Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Neumann (Public Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Wolman (Public Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Norden (Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Martin S Himeles Sr Foundation Inc?

Martin S Himeles Sr Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Martin S Himeles Sr Foundation Inc

The Martin S Himeles Sr Foundation Inc, established with the charitable, educational, and religious purposes of The Jewish Community Federation of Baltimore, Inc. (The Associated), carries out its mission by providing grants to public charitable organizations. The foundation's primary role is to support initiatives that align with The Associated's objectives, thereby contributing to the betterment of society in line with its charitable purpose. By making grants to eligible organizations, the Martin S Himeles Sr Foundation Inc plays a significant role in furthering the impact of The Associated's mission within the broader community.

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




October, 2024

The Martin S Himeles Sr Foundation Inc significantly impacts the community by providing grants to public charitable organizations aligned with the mission of the Associated: Jewish Community Federation of Baltimore, Inc. Through its support, the foundation promotes charitable, educational, and religious initiatives that benefit individuals and groups within the community, fostering growth, awareness, and engagement in these vital areas. By facilitating funding for various programs, the foundation plays a crucial role in enhancing the quality of life in Baltimore and supporting the Jewish community's broader goals.




This information is meant to be a general summary of Martin S Himeles Sr 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.

Revenue
$9,765 (2023)
Expenses
$90,823 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,665
  • Gross Receipts: $10,740

Assets and Liabilities:

  • Total Assets: $824,403
  • Total Liabilities: $0
  • Net Assets: $824,403

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1986

Principal Officer

Marc B Terrill

Main Address

101 WEST MOUNT ROYAL AVENUE, BALTIMORE, MD, 21201

NTEE Category

Code: Z99 - Unknown

If you are a representative of Martin S Himeles Sr 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.