Overview
What is George C Marshall Research Foundation?
The George C Marshall Research Foundation, located in Lexington, Virginia, is a nonprofit organization dedicated to honoring the legacy of George C. Marshall. They achieve this mission through educational programs, such as the Marshall Legacy Series, which encompass events, programs, and an information center focused on significant aspects of Marshall's career. The foundation's primary goal is to promote selfless service, echoing the values that guided and motivated Marshall throughout his life. With a team of seven dedicated individuals, the George C Marshall Research Foundation perpetuates Marshal's legacy through scholarship, leadership, and educational initiatives.
Official website here: www.marshallfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The George C Marshall Research Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The foundation's overall score is heavily influenced by its low performance in key financial metrics, particularly its program expense ratio and fundraising efficiency, which raises questions about the effective utilization of funds.
Despite these financial challenges, the organization demonstrates strengths in governance and transparency. It has an independent board with all members meeting the criteria, and it maintains several robust policies, including those for conflict of interest and whistleblowing. These aspects reflect a commitment to accountability, even though the financial health indicators signal a need for improvement.
The foundation's liabilities to assets ratio and program expense ratio are notably low, suggesting that a substantial portion of its resources may not be directed towards its charitable mission. The fundraising efficiency ratio also points to a high cost of fundraising relative to the funds raised, which could hinder its long-term sustainability and impact. Overall, while the foundation shows some strong governance practices, its financial performance is a critical area that requires attention.
This AI summary has been generated from information found on Charity Navigator.
Is George C Marshall Research Foundation legitimate?
George C Marshall Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. George C Marshall Research 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: $333,351
Professional Fundraising Fees: $0
Other Salaries and Wages: $244,814
For more financial information, click here
Official website here: www.marshallfoundation.org
What is the mission statement of George C Marshall Research Foundation?
The George C. Marshall Research Foundation's mission is to preserve and uphold the selfless values that defined George C. Marshall's life and career. This is accomplished through scholarly pursuits, leadership programs, and educational initiatives. The foundation keeps George C. Marshall's legacy alive by organizing educational events, programs, and providing information centered around significant aspects of his career, thereby promoting understanding and appreciation of his contributions.
Official website here: www.marshallfoundation.org
Who is the CEO of George C Marshall Research Foundation?
Paul A Levengood is the Chairman of George C Marshall Research Foundation.
Official website here: www.marshallfoundation.org
What is the revenue of George C Marshall Research Foundation?
George C Marshall Research Foundation's revenue in 2022 was $2,232,948.
Official website here: www.marshallfoundation.org
Who are the executives of George C Marshall Research Foundation and what are their salaries?
The average compensation at George C Marshall Research Foundation during 2022 was $82,595. There are 7 employees at George C Marshall Research Foundation.
Here are 21 key members and their salaries:
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- Compensation: $211,207
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Official website here: www.marshallfoundation.org
Where can I find the form 990 for George C Marshall Research Foundation?
George C Marshall Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marshallfoundation.org
Learn more at the official website: www.marshallfoundation.org
Mission Statement of George C Marshall Research Foundation
The George C. Marshall Research Foundation is committed to upholding the selfless service that defined George C. Marshall's life. To achieve this, the organization preserves and promotes Marshall's values through various scholarship, leadership, and educational programs. The foundation's mission is twofold: firstly, it aims to perpetuate Marshall's legacy, drawing inspiration from his career and the principles he embodied. Secondly, it implements this mission by offering a range of educational programs, such as the Marshall Legacy Series. This series consists of events, programs, and an information center focused on significant themes, events, or milestones in Marshall's career. By doing so, the George C. Marshall Research Foundation honors the impact and influence of this distinguished figure, fostering an enduring appreciation for his selfless service and values.
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Impact
July, 2024
The George C Marshall Research Foundation's impact lies in promoting the selfless service of George C. Marshall through educational programs such as the Marshall Legacy Series. By organizing events, programs, and information centered on key themes, events, or episodes in General Marshall's career, the Foundation keeps alive the values that shaped and motivated him. Through scholarship, leadership, and educational programs, the Foundation perpetuates Marshall's legacy and contributes to the field of education.
This information is meant to be a general summary of George C Marshall Research 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $592,512
- Program Service Revenue: $8,833
- Gross Receipts: $2,236,669
Assets and Liabilities:
- Total Assets: $9,601,009
- Total Liabilities: $55,468
- Net Assets: $9,545,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIBRARY & ARCHIVAL SER
Revenue
$8,833
Organization Details
Founding Year
1953
Phone
(540) 463-7103Principal Officer
Paul A Levengood
Main Address
P O BOX 1600, LEXINGTON, VA, 24450
Website
www.marshallfoundation.orgNTEE Category
Code: B70 - Education
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