Overview
What is Historic Columbus Foundation Endowment Fund?
The Historic Columbus Foundation Endowment Fund is a nonprofit entity based in Columbus, Georgia. Its primary mission is to provide funding for the maintenance and improvement of historic structures owned by the Historic Columbus Foundation, Inc. This charitable organization strives to preserve and upkeep these historic sites, contributing to their overall upkeep and upgrades in line with its purpose. The Endowment Fund plays a crucial role in safeguarding and enhancing the historical significance of these buildings, thereby promoting cultural heritage in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
The Historic Columbus Foundation Endowment Fund has received a rating of 50% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With this score, the organization has earned a One-Star rating, reflecting a lack of transparency and governance standards. Notably, it has no independent board members, which raises questions about oversight and decision-making processes.
Strengths of the foundation include a perfect program expense ratio of 100%, demonstrating that all expenses are directed towards its programs. Additionally, the organization does not have any material diversion of assets, which is a positive aspect in terms of financial integrity. However, the absence of a website listed on their tax form and missing critical policies such as conflict of interest and whistleblower policies highlight significant gaps in operational practices.
Overall, the Historic Columbus Foundation Endowment Fund's score suggests that while it focuses its resources on its mission, it lacks essential governance and transparency measures. This raises concerns for potential donors and stakeholders about the organization's overall accountability and management practices.
This AI summary has been generated from information found on Charity Navigator.
Is Historic Columbus Foundation Endowment Fund legitimate?
Historic Columbus Foundation Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Columbus Foundation Endowment Fund 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: $25,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Historic Columbus Foundation Endowment Fund?
The Historic Columbus Foundation Endowment Fund's mission is to provide essential financing for the upkeep and enhancements of historic structures under the custody of the Historic Columbus Foundation, Inc. This endeavor is in line with the organization's charitable objectives. The primary aim is to maintain and improve these historical buildings to preserve their significance and value for future generations. The fund serves as a crucial resource, ensuring the continued preservation and restoration of these historical landmarks.
Who is the CEO of Historic Columbus Foundation Endowment Fund?
Teresa Abell is the Trustee of Historic Columbus Foundation Endowment Fund.
What is the revenue of Historic Columbus Foundation Endowment Fund?
Historic Columbus Foundation Endowment Fund's revenue in 2022 was $180,511.
Who are the executives of Historic Columbus Foundation Endowment Fund and what are their salaries?
There is 1 key member and their salary:
- Compensation: $25,250
- Related: $0
- Other: $0
Where can I find the form 990 for Historic Columbus Foundation Endowment Fund?
Historic Columbus Foundation Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Historic Columbus Foundation Endowment Fund
The Historic Columbus Foundation Endowment Fund is dedicated to providing essential financial resources for the upkeep and enhancements of historic structures under the care of the Historic Columbus Foundation, Inc. This mission serves to further the organization's charitable objectives. By allocating funds for maintenance and improvements, the Endowment Fund contributes to the preservation of these historic structures, ensuring they continue to serve their historical and cultural significance for future generations.
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Impact
October, 2024
The Historic Columbus Foundation Endowment Fund significantly contributes to the preservation and enhancement of historic structures in Columbus, GA. By providing essential funds for maintenance and improvements, it ensures that these structures remain a vital part of the community's cultural heritage. This investment not only safeguards the architectural integrity of historical sites but also promotes educational opportunities and artistic engagement within the community. Through its efforts, the fund fosters a greater appreciation for the arts and history, bolstering local tourism and community pride. Ultimately, its impact resonates through enhanced quality of life, preservation of heritage, and continued cultural enrichment in Columbus.
This information is meant to be a general summary of Historic Columbus Foundation Endowment Fund. 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: $180,511
- Gross Receipts: $1,145,677
Assets and Liabilities:
- Total Assets: $3,042,213
- Total Liabilities: $0
- Net Assets: $3,042,213
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Organization Details
Founding Year
1980
Phone
(706) 644-6294Principal Officer
Teresa Abell
Main Address
PO BOX 23024, COLUMBUS, GA, 31902
NTEE Category
Code: A82I - Arts
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