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James Monroe Memorial Foundation

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

EIN: 540676990 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is James Monroe Memorial Foundation?

The James Monroe Memorial Foundation is a nonprofit organization that aims to foster an appreciation for James Monroe, upholding his values and advocating for a government that embodies justice and righteousness. They accomplish this mission through both educational and charitable initiatives, working tirelessly to spread awareness and promote adherence to Monroe's principles. The foundation's efforts serve as a testament to its commitment to honoring the legacy of the former president and contributing positively to society.


Official website here: www.monroefoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

The James Monroe Memorial Foundation has earned a respectable Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. The overall score is derived entirely from a single beacon score, with 100% of the evaluation focused on financial transparency and governance practices.

The foundation demonstrates strong organizational strengths, including a fully independent board with 16 members, ensuring that decision-making is devoid of conflicts of interest. Additionally, the foundation has shown no material diversion of assets and a remarkable program expense ratio of 91.21%, indicating that a significant portion of its funds is directed towards its charitable programs.

While the foundation exhibits strong financial health, there are no noted limitations in the data provided. This suggests that the organization maintains robust practices in governance and transparency, making it a reliable entity for potential donors and stakeholders.


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

Is James Monroe Memorial Foundation legitimate?

James Monroe Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. James Monroe Memorial Foundation 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.monroefoundation.org

What is the mission statement of James Monroe Memorial Foundation?

The James Monroe Memorial Foundation's mission is centered around fostering an appreciation for James Monroe's legacy, upholding his values, and promoting a commitment to fair governance and moral integrity. This is achieved primarily through educational and charitable endeavors, aiming to spread awareness and inspire adherence to these ideals.


Official website here: www.monroefoundation.org

Who is the CEO of James Monroe Memorial Foundation?

George W Thomas Jr is the Trustee of James Monroe Memorial Foundation.


Official website here: www.monroefoundation.org

What is the revenue of James Monroe Memorial Foundation?

James Monroe Memorial Foundation's revenue in 2022 was $52,429.


Official website here: www.monroefoundation.org

Who are the executives of James Monroe Memorial Foundation and what are their salaries?


Here are 16 key members and their salaries:


Shelby Chandler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Cox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald O White (Chaplain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis T March (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
C L Sigmon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Blake (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James F Russell Ii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl B Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Mcsweeney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Rawles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary A Broadbent (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George W Thomas Jr (President And Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Broadbent Jr (Vice President And General Co)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Burkett (Assistant Chaplain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Johnson (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon C Taylor (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.monroefoundation.org

Where can I find the form 990 for James Monroe Memorial Foundation?

James Monroe Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.monroefoundation.org

Learn more at the official website: www.monroefoundation.org

Mission Statement of James Monroe Memorial Foundation

The James Monroe Memorial Foundation, as a charitable and educational organization, is dedicated to fostering an appreciation for James Monroe and his principles. Its mission involves honoring Monroe's legacy and promoting the ideals of just government and righteousness. The foundation achieves this by employing both educational and charitable methods. It strives to strengthen the adherence to these principles in a broader context, aiming to make a significant impact on society.

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Impact




August, 2024

The James Monroe Memorial Foundation dedicates itself to spreading appreciation for James Monroe, honoring his principles, and reinforcing adherence to just government and righteousness through educational and charitable initiatives. Through its mission, the foundation impacts the community by promoting a deeper understanding of Monroe's legacy and advocating for principles that foster a more just and righteous society. Additionally, the foundation's focus on education and charity initiatives helps to empower individuals and strengthen communities, ultimately contributing to positive social change.




This information is meant to be a general summary of James Monroe Memorial Foundation. 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
$52,429 (2022)
Expenses
$37,124 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2
  • Gross Receipts: $52,429

Assets and Liabilities:

  • Total Assets: $126,237
  • Total Liabilities: $0
  • Net Assets: $126,237

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Organization Details

Founding Year

1947

Principal Officer

George W Thomas Jr

Main Address

101 W Eleventh Street, Richmond, VA, 232242213

NTEE Category

Code: A59I - Arts

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