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Wharton 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: 541807995 ✦ Bedford, VA ✦ Designated as a 501(c)(3)

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Overview

What is Wharton Memorial Foundation?

The Wharton Memorial Foundation is a non-profit organization based in Bedford, Virginia. Its primary mission is to honor and continue the gardening legacies of Mrs. Louise Bibb Wharton and Mrs. Eloise Gregory. The foundation achieves this by creating and maintaining public gardens, fostering horticulture interest within the community. Additionally, the foundation aims to develop North Bridge Street in the town of Bedford as a cultural and historic area. This is accomplished through gardening, the restoration of a historic structure built by John Wharton, and support for programs from local institutions such as the Bedford Central Library, the Bedford Historic Society, and other neighboring institutions.


Official website here: www.whartongarden.org

What are the reviews and ratings of this charity?

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

The Wharton Memorial Foundation has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and financial management. The score is primarily derived from its strong performance in the Accountability & Finance category, where it achieved a score of 76%. Key strengths include having an entirely independent board, which is essential for transparency, and a healthy program expense ratio of over 71%, demonstrating a commitment to using funds for its intended purpose.

However, there are notable limitations in the foundation's governance practices. The absence of key policies, such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, raises concerns about potential risks in ethical management and organizational integrity. While the foundation's financial health appears stable, these governance gaps could affect stakeholder confidence.

Overall, the Wharton Memorial Foundation demonstrates solid financial practices but needs to enhance its governance framework to ensure comprehensive accountability. Addressing the missing policies would not only improve its rating but also bolster trust among donors and the communities it serves.


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

Is Wharton Memorial Foundation legitimate?

Wharton Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wharton 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.whartongarden.org

What is the mission statement of Wharton Memorial Foundation?

The Wharton Memorial Foundation's mission is dedicated to honoring and continuing the horticultural legacy of two influential women, by encouraging interest in gardening through the creation and maintenance of public gardens. The foundation aims to promote the development of a specific area, not specified, as a cultural and historic locale, by restoring a historic structure and supporting various programs, notably those of the Central Library, the Historic Society, and neighboring institutions. In essence, the Wharton Memorial Foundation seeks to foster a love for gardening and cultivate a rich cultural and historical environment.


Official website here: www.whartongarden.org

Who is the CEO of Wharton Memorial Foundation?

Robin Wood is the Director of Wharton Memorial Foundation.


Official website here: www.whartongarden.org

What is the revenue of Wharton Memorial Foundation?

Wharton Memorial Foundation's revenue in 2022 was $4,289.


Official website here: www.whartongarden.org

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


Here are 10 key members and their salaries:


Emilie Temeles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Duis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shearer Rumsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Wood (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Berry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Graham (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Dixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Maxwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Novalis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.whartongarden.org

Where can I find the form 990 for Wharton Memorial Foundation?

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


Official website here: www.whartongarden.org

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

Mission Statement of Wharton Memorial Foundation

The Wharton Memorial Foundation, named after the gardening legacies of Mrs. Louise Bibb Wharton and Mrs. Eloise Gregory, is a charitable organization dedicated to encouraging public interest in horticulture and promoting the development of cultural and historic areas. The foundation achieves this by creating and maintaining public gardens, restoring a historic structure, and supporting various programs.

More specifically, the Wharton Memorial Foundation works towards nurturing a passion for gardening and horticulture within the community. By establishing and maintaining public gardens, the foundation provides beautiful and educational spaces for people to enjoy and learn from. Additionally, the foundation is committed to promoting North Bridge Street in the town as a cultural and historic area. This is done through their gardening efforts, the restoration of an historic structure, and their support of local institutions such as the Bedford Central Library, the Bedford Historic Society, and other neighboring organizations.

In summary, the Wharton Memorial Foundation, through its gardening initiatives, historic restoration projects, and institutional support, aims to enrich the community and preserve its cultural and historic significance. Their work encourages an appreciation for horticulture and contributes to the development of a vibrant and historically-rich area.

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Impact




June, 2024

Wharton Memorial Foundation's impact lies in honoring and continuing the gardening legacies of Mrs. Louise Bibb Wharton and Mrs. Eloise Gregory. They encourage interest in horticulture through the creation and maintenance of public gardens. Additionally, they promote the development of North Bridge Street in the town of Bedford as a cultural and historic area through their gardening efforts, restoration of a historic structure built by John Wharton, and support of programs by the Bedford Central Library, the Bedford Historic Society, and other neighboring institutions. Their work not only beautifies the community but also fosters a deeper appreciation for horticulture and local history, making significant contributions to the environment and cultural preservation.




This information is meant to be a general summary of Wharton 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
$4,289 (2022)
Expenses
$9,178 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $61,370

Assets and Liabilities:

  • Total Assets: $208,089
  • Total Liabilities: $2,260
  • Net Assets: $205,829

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Organization Details

Founding Year

1996

Principal Officer

Robin Wood

Main Address

PO BOX 713, BEDFORD, VA, 24523

NTEE Category

Code: C41 - Environment

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