Overview
What is Brandermill Woods Foundation Inc?
Brandermill Woods Foundation Inc is a 501(c)(3) nonprofit organization, primarily funded by residents, families, and friends of Brandermill Woods Retirement Community, located in Virginia. Its purpose is to support charitable, religious, educational, and scientific causes. The foundation aims to enhance the community and contribute to various philanthropic endeavors, reflecting its commitment to making a positive impact.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating.
The Brandermill Woods Foundation Inc has received a high rating of 94% from Charity Navigator, indicating a strong performance in accountability and financial health. This rating reflects effective management and transparency, which are bolstered by having a fully independent board of directors, well-established policies on conflicts of interest, whistleblower protection, and document retention. Their fiscal practices appear sound, with a low liabilities to assets ratio, showcasing their financial stability.
An impressive program expense ratio of 87.74% indicates that the majority of their funds are directed towards their programs and services, which is a positive sign for potential donors and stakeholders. The foundation's commitment to accountability is further demonstrated through the absence of material asset diversions, ensuring that funds are utilized effectively for their intended purposes.
However, while the foundation has shown excellent performance indicators, it is always beneficial for organizations to continually seek improvement in areas such as community feedback and program impact assessments. Overall, Brandermill Woods Foundation Inc is positioned as a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Brandermill Woods Foundation Inc legitimate?
Brandermill Woods Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brandermill Woods 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.
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What is the mission statement of Brandermill Woods Foundation Inc?
The Brandermill Woods Foundation Inc, a non-profit organization under Section 501(C)(3) of the Internal Revenue Code, is established with the primary objective of supporting charitable, religious, educational, and scientific purposes. Its resources mainly come from the residents, families, and friends of Brandermill Woods Retirement Community. The foundation's mission is to contribute to these areas, aiming to make a positive impact through its charitable activities.
Who is the CEO of Brandermill Woods Foundation Inc?
John Hughes is the President of Brandermill Woods Foundation Inc.
What is the revenue of Brandermill Woods Foundation Inc?
Brandermill Woods Foundation Inc's revenue in 2023 was $78,987.
Who are the executives of Brandermill Woods Foundation Inc and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Brandermill Woods Foundation Inc?
Brandermill Woods Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Brandermill Woods Foundation Inc
Brandermill Woods Foundation Inc, a 501(c)(3) non-profit organization, was formed with a mission to support charitable, religious, educational, and scientific causes. The primary resources for its activities are mainly sourced from the residents, families, and friends of Brandermill Woods Retirement Community. This Virginia-based organization is committed to utilizing its exempt status under Section 501(C)(3) of the Internal Revenue Code to contribute to various worthy causes, demonstrating its dedication to serving the community.
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Impact
August, 2024
Brandermill Woods Foundation Inc's impact is focused on supporting charitable, religious, educational, and scientific purposes. The foundation, based in Midlothian, VA, operates as a Virginia non-profit corporation dedicated to providing resources for these endeavors. Its activities are primarily funded by the residents, families, and friends associated with Brandermill Woods Retirement Community. By promoting initiatives in human services and other areas, Brandermill Woods Foundation Inc aims to make a positive difference in the community and beyond.
This information is meant to be a general summary of Brandermill Woods 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 2023.
- Investment Income: $3,992
- Gross Receipts: $116,108
Assets and Liabilities:
- Total Assets: $365,419
- Total Liabilities: $6,033
- Net Assets: $359,386
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Organization Details
Founding Year
2000
Phone
(804) 744-1173Principal Officer
John Hughes
Main Address
14311 BRANDERMILL WOODS TRAIL, MIDLOTHIAN, VA, 23112
NTEE Category
Code: P127 - Human services
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