Overview
What is North Carolina Bar Foundation?
The North Carolina Bar Foundation is a nonprofit organization, headquartered in Cary, North Carolina. Its primary mission is to unite the expertise and benevolence of the legal profession to contribute positively to the wellbeing of North Carolina's residents. The foundation supports and fosters statewide public service programs and projects that promote access to justice, civic education, community service, and professionalism within the legal field. Its endowment aids various organizations and initiatives that uphold its values of diversity, equity, and inclusion. The foundation, with a workforce of eight employees, plays a pivotal role in advancing these noble causes in North Carolina.
Official website here: www.ncbarfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56%, One-Star out of Four Star rating.
The North Carolina Bar Foundation has received a One-Star rating from Charity Navigator, indicating concerns regarding its accountability and financial practices. While the organization demonstrates strong governance with a fully independent board and good policies in place, it struggles with critical financial metrics, particularly in its program expense ratio and liabilities to assets ratio.
Strengths of the foundation include a robust board structure and strong auditing practices, with all members being independent and a comprehensive audit and oversight committee in place. Additionally, it has effective conflict of interest and whistleblower policies, showcasing a commitment to ethical governance. However, the absence of its tax form on the website and low program expense ratio suggest challenges in transparency and financial management.
Overall, the North Carolina Bar Foundation's rating reflects significant areas for improvement, particularly in how it allocates funds towards its programs and its overall financial health. Stakeholders may want to consider these factors when engaging with the organization or contributing to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is North Carolina Bar Foundation legitimate?
North Carolina Bar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Bar 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: $355,531
Professional Fundraising Fees: $0
Other Salaries and Wages: $298,591
For more financial information, click here
Official website here: www.ncbarfoundation.org
What is the mission statement of North Carolina Bar Foundation?
The North Carolina Bar Foundation's mission is to unite the skills and compassion of the legal profession to serve as a force for good within the community. The primary purpose of the foundation is to foster and support statewide public service and pro bono programs and projects that enhance access to justice, promote civic education, encourage service, and uphold professionalism. The North Carolina Bar Foundation's endowment supports organizations and initiatives that align with its core values, including access to justice, civic education, service through the legal profession, attorney professionalism, and diversity, equity, and inclusion.
Official website here: www.ncbarfoundation.org
Who is the CEO of North Carolina Bar Foundation?
Jason M Hensley is the Immediate Past President of North Carolina Bar Foundation.
Official website here: www.ncbarfoundation.org
What is the revenue of North Carolina Bar Foundation?
North Carolina Bar Foundation's revenue in 2023 was $2,416,990.
Official website here: www.ncbarfoundation.org
Who are the executives of North Carolina Bar Foundation and what are their salaries?
The average compensation at North Carolina Bar Foundation during 2023 was $81,765. There are 8 employees and 1024 volunteers at North Carolina Bar Foundation.
Here are 34 key members and their salaries:
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- Related: $355,271
- Other: $55,458
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- Related: $124,105
- Other: $27,867
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- Related: $140,444
- Other: $28,117
Official website here: www.ncbarfoundation.org
Where can I find the form 990 for North Carolina Bar Foundation?
North Carolina Bar Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ncbarfoundation.org
Learn more at the official website: www.ncbarfoundation.org
Mission Statement of North Carolina Bar Foundation
The North Carolina Bar Foundation, a nonprofit organization, is committed to serving the people of North Carolina by uniting the talent and generosity of the legal profession. Its mission is to foster and support statewide public service and pro bono programs and projects that promote access to justice, civic education, service, and professionalism within the legal field. The Foundation's purpose is to endorse organizations and programs that align with its values of access to justice, civic education, service through the legal profession, attorney professionalism, and diversity, equity, and inclusion. The North Carolina Bar Foundation Endowment specifically supports these initiatives, thereby contributing to the betterment of the community and the legal profession as a whole.
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Impact
July, 2024
The North Carolina Bar Foundation's impact is seen through its efforts to unite the talent and generosity of the legal profession for the greater good of the people of North Carolina. The foundation's endowment supports organizations and programs that promote values such as access to justice, civic education, service through the legal profession, attorney professionalism, and diversity, equity, and inclusion. Its mission is to foster and support statewide public service and pro bono programs that promote access to justice, civic education, service, and professionalism in the legal field.
This information is meant to be a general summary of North Carolina Bar 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 2023.
- Investment Income: $1,127,180
- Gross Receipts: $8,319,615
Assets and Liabilities:
- Total Assets: $28,651,761
- Total Liabilities: $1,029,592
- Net Assets: $27,622,169
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Organization Details
Founding Year
1960
Phone
(919) 677-0561Principal Officer
Jason M Hensley
Main Address
8000 Weston Parkway, Cary, NC, 275132153
Website
www.ncbarfoundation.orgNTEE Category
Code: I80 - Crime
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