Overview
What is Martha Mason Hill Memorial Foundation Inc?
Martha Mason Hill Memorial Foundation Inc is a charitable organization situated in Mitchellville, Maryland, dedicated to upholding the memory of Martha Mason Hill and her belief in education's significance. The foundation offers four annual college scholarships, worth $1,500 or $1,000, to ethnic minority high school graduates residing in Chesterfield County, Virginia, who plan to pursue higher education. Candidates must submit their applications online, including a high school transcript and SAT scores (if applicable), through the foundation's website. In addition to scholarships, the foundation seeks to support academic success among students in Chesterfield County, with a particular focus on schools with high percentages of economically disadvantaged students. The organization's mission embodies the legacy of Martha Mason Hill by encouraging educational excellence, providing scholarships, and engaging in outreach projects that assist students from pre-K to college levels in their academic pursuits.
Official website here: www.mmhmf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating.
The Martha Mason Hill Memorial Foundation Inc has received a Two-Star rating, which indicates that while it demonstrates some strengths in accountability and finance, there are significant areas for improvement. The foundation scored well in having a majority of independent board members and a solid liabilities-to-assets ratio, reflecting a stable financial standing. The program expense ratio is also commendable at 68.23%, suggesting that a good portion of their funds is directed toward their programs.
However, the organization faces critical shortcomings, particularly in governance practices. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and document retention guidelines, all of which received a score of zero. These deficiencies could pose risks to the foundation's operations and accountability.
Overall, while the Martha Mason Hill Memorial Foundation Inc has some positive financial metrics, the absence of key governance policies may hinder its effectiveness and transparency. Continued focus on improving these areas could enhance its rating and further bolster donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Martha Mason Hill Memorial Foundation Inc legitimate?
Martha Mason Hill Memorial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martha Mason Hill Memorial 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:
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Official website here: www.mmhmf.org
What is the mission statement of Martha Mason Hill Memorial Foundation Inc?
The Martha Mason Hill Memorial Foundation Inc's mission is centered around fostering educational excellence. Their objective is to honor the legacy of Martha Mason Hill by providing college scholarships to high school graduates in their final year. Additionally, the foundation conducts outreach projects aimed at assisting students from elementary level up to undergraduate college, particularly those attending schools with a high percentage of students from low-income families. On the elementary level, their outreach efforts are focused on supporting Title One schools. In summary, the foundation's mission is to encourage, support, and sustain academic success for students, upholding the spirit of its namesake.
Official website here: www.mmhmf.org
Who is the CEO of Martha Mason Hill Memorial Foundation Inc?
Alberta Stith is the Board Of Directors of Martha Mason Hill Memorial Foundation Inc.
Official website here: www.mmhmf.org
What is the revenue of Martha Mason Hill Memorial Foundation Inc?
Martha Mason Hill Memorial Foundation Inc's revenue in 2022 was $72,173.
Official website here: www.mmhmf.org
Who are the executives of Martha Mason Hill Memorial Foundation Inc and what are their salaries?
There 26 volunteers at Martha Mason Hill Memorial Foundation Inc.
Here are 13 key members and their salaries:
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Official website here: www.mmhmf.org
Where can I find the form 990 for Martha Mason Hill Memorial Foundation Inc?
Martha Mason Hill Memorial Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mmhmf.org
Learn more at the official website: www.mmhmf.org
Mission Statement of Martha Mason Hill Memorial Foundation Inc
Martha Mason Hill Memorial Foundation Inc is committed to upholding the vision of educational excellence for students in Chesterfield County, Virginia. The mission of this esteemed organization is twofold: firstly, it aims to honor and perpetuate the legacy of its namesake, Martha Mason Hill, by granting college scholarships to high school graduates in their final year. Secondly, the foundation focuses on conducting outreach projects to support the academic success of students from kindergarten to undergraduate level. Notably, the foundation's outreach efforts are particularly targeted towards schools with a high percentage of students from low-income families, as identified by their eligibility for the free lunch program within Title One schools. In this capacity, Martha Mason Hill Memorial Foundation Inc actively strives to foster an environment that nurtures and encourages academic growth, ultimately contributing to the betterment of future generations.
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Impact
August, 2024
The Martha Mason Hill Memorial Foundation Inc's impact is significant in encouraging and supporting educational excellence for students in Chesterfield County, VA. Through providing college scholarships to high school graduating students and conducting outreach projects to help students succeed academically, the foundation is carrying on the legacy and spirit of its namesake, Martha Mason Hill. The scholarships offered, totaling four annually, aim to support ethnic minority high school students in Chesterfield County who are pursuing higher education. Additionally, the foundation's outreach efforts target students in pre-K through 8th grade from low-income families, aiming to provide them with educational support and opportunities. This impactful work contributes to enhancing educational opportunities and outcomes for students in the community.
This information is meant to be a general summary of Martha Mason Hill Memorial 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 2022.
- Investment Income: $6,541
- Gross Receipts: $72,173
Assets and Liabilities:
- Total Assets: $740,993
- Total Liabilities: $0
- Net Assets: $740,993
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Organization Details
Founding Year
1999
Phone
(301) 390-5914Principal Officer
Alberta Stith
Main Address
2013 Clearwood Drive, Mitchellville, MD, 207212511
Website
www.mmhmf.orgNTEE Category
Code: B82 - Education
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