Overview
What is Energy And Mineral Law Foundation?
The Energy and Mineral Law Foundation is a 501(C)(3) nonprofit organization situated in Wheeling, West Virginia. Their primary mission is to advance legal education in the field of mineral resources, achieving this goal by conducting seminars and publishing articles on related topics. The foundation also invests in scholarships and research related to energy law, furthering their commitment to the industry's development. As an educational organization, they provide valuable resources to those interested in the mineral resources area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
The Energy and Mineral Law Foundation has received a One-Star rating from Charity Navigator, indicating significant areas of concern regarding its financial accountability and performance. While the organization boasts a fully independent board and strong governance policies, these strengths are overshadowed by a troubling program expense ratio of 0.00%, which suggests that the foundation may not be effectively utilizing its funds to support its mission.
The foundation has implemented robust governance practices, including a conflict of interest policy and a whistleblower policy, both of which are crucial for maintaining transparency and integrity. The absence of any material diversion of assets further highlights a commitment to ethical management. However, the lack of program expenses raises questions about the foundation’s operational effectiveness and the impact of its initiatives.
In summary, while the Energy and Mineral Law Foundation is well-structured in terms of governance, its financial practices indicate a potential failure to allocate resources towards fulfilling its mission. Stakeholders may want to consider these factors carefully when evaluating the organization's effectiveness and overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Energy And Mineral Law Foundation legitimate?
Energy And Mineral Law Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Energy And Mineral Law 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.
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What is the mission statement of Energy And Mineral Law Foundation?
The Energy And Mineral Law Foundation, being a 501(C)(3) education organization, is dedicated to supporting and advancing its exempt activities. This primarily involves providing continuing legal education in the mineral resources area, achieved through conducting seminars and publishing materials on relevant topics. The foundation also contributes to financing scholarships and research related to energy law. By doing so, it aims to contribute significantly to the field of energy law education.
Who is the CEO of Energy And Mineral Law Foundation?
Phillips K Mccluskey is the Principal Officer of Energy And Mineral Law Foundation.
What is the revenue of Energy And Mineral Law Foundation?
Energy And Mineral Law Foundation's revenue in 2022 was $55,974.
Who are the executives of Energy And Mineral Law Foundation and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Energy And Mineral Law Foundation?
Energy And Mineral Law Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Energy And Mineral Law Foundation
The Energy and Mineral Law Foundation, a 501(c)(3) organization, is dedicated to advancing its exempt activities in the field of energy law. This esteemed institution specializes in providing continuous legal education in the mineral resources sector by conducting seminars and publishing articles on relevant topics. Beyond education, the Foundation plays a significant role in supporting scholarships and research related to energy law. By funding these initiatives, the Energy and Mineral Law Foundation contributes to the development of knowledgeable professionals in the energy law field, thereby fostering a well-informed and capable workforce.
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Impact
August, 2024
The Energy and Mineral Law Foundation has a significant impact in the field of energy and mineral resources law. It provides valuable continuing legal education through institutes and publications focused on mineral topics, thereby advancing knowledge and expertise in this specialized area. By funding student scholarships and research related to energy law, the Foundation not only supports the education and development of future professionals but also contributes to the ongoing advancements in the field. Through its activities, the Energy and Mineral Law Foundation plays a crucial role in promoting research, education, and innovation in energy and mineral law.
This information is meant to be a general summary of Energy And Mineral Law 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: $55,974
- Gross Receipts: $55,974
Assets and Liabilities:
- Total Assets: $1,010,857
- Total Liabilities: $0
- Net Assets: $1,010,857
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Organization Details
Founding Year
1989
Phone
(304) 234-9400Principal Officer
Phillips K Mccluskey
Main Address
1 BANK PLAZA, WHEELING, WV, 26003
NTEE Category
Code: U36I - Science research
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