Overview
What is The Herald Charities Inc?
The Herald Charities Inc is a nonprofit organization that primarily focuses on collecting funds for charitable purposes, aiming to assist needy or worthy individuals and organizations in the community. They operate under the Holiday Wishbook Program, soliciting donations from readers of The Miami Herald and El Nuevo Herald during the Thanksgiving and Christmas holidays. Established over a century ago, The Miami Herald has been an advocate for the less fortunate in South Florida, and in 1952, the Miami Herald Lend-A-Hand Fund was incorporated to formalize these efforts. The first Wish Book was published in 1982, with the official founding of The Miami Herald Charities in 1995, providing readers with an opportunity to make a difference in their neighbors' lives. Since then, the collective contributions from The Miami Herald and El Nuevo Herald readers have raised several million dollars to aid some of South Florida's most needy individuals, providing essential items ranging from holiday necessities to medical services, housing repairs, and dental work. During early October, over 600 non-profit social service agencies in South Florida are contacted to nominate clients for the Wish Book Program, focusing on those whose needs exceed the agencies' resources.
Official website here: www.heraldwishbook.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating.
The Herald Charities Inc has achieved an exceptional rating of 100% from Charity Navigator, signifying a strong commitment to accountability and finance. This stellar score is based entirely on the organization's performance in these areas, reflecting its dedication to transparency and effective management of resources.
The charity boasts a fully independent board, ensuring that governance is free from conflicts of interest. All board members are independent, and the organization maintains comprehensive policies on conflict of interest and whistleblower protection, which further illustrates its commitment to ethical practices. Additionally, The Herald Charities has a commendable program expense ratio of 74.41%, indicating that a significant portion of its resources goes directly to its charitable programs.
While the data highlights numerous strengths, it is important for potential donors and stakeholders to remain aware of the comprehensive nature of financial assessments. The Herald Charities appears to be well-managed with no reported material diversion of assets, but continuous monitoring of its financial health and program impact will be key to ensuring sustained organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Herald Charities Inc legitimate?
The Herald Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Herald Charities 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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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.heraldwishbook.com
What is the mission statement of The Herald Charities Inc?
The Herald Charities Inc primarily focuses on gathering funds for charitable and benevolent purposes, aiming to aid needy or worthy individuals and non-profit organizations. The organization operates under the Holiday Wishbook Program, where readers of The Miami Herald and El Nuevo Herald are encouraged to donate funds during the Thanksgiving and Christmas holidays. The organization profiles deserving individuals with unmet needs in the community, and since its inception over a century ago, it has collected several million dollars from readers to assist the neediest people in the community. The donations have helped provide essential items such as food, clothing, and medical services, among others. Each year, over 600 non-profit social service agencies are contacted to nominate clients whose needs surpass their resources, and these cases are profiled and featured in the newspapers during the holiday season.
Official website here: www.heraldwishbook.com
Who is the CEO of The Herald Charities Inc?
Bob Mcfarlin is the President of The Herald Charities Inc.
Official website here: www.heraldwishbook.com
What is the revenue of The Herald Charities Inc?
The Herald Charities Inc's revenue in 2022 was $477,092.
Official website here: www.heraldwishbook.com
Who are the executives of The Herald Charities Inc and what are their salaries?
There 7 volunteers at The Herald Charities Inc.
Here are 7 key members and their salaries:
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Official website here: www.heraldwishbook.com
Where can I find the form 990 for The Herald Charities Inc?
The Herald Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heraldwishbook.com
Learn more at the official website: www.heraldwishbook.com
Mission Statement of The Herald Charities Inc
The Herald Charities Inc, a renowned organization, primarily focuses on collecting funds for charitable and benevolent purposes. Their mission is to aid the needy or worthy individuals and not-for-profit organizations. Specifically, they operate under the Holiday Wishbook Program, soliciting donations from readers of The Miami Herald and El Nuevo Herald during the Thanksgiving and Christmas holidays. The organization profiles deserving individuals with financial needs, ranging from basic necessities to more critical items such as medical services and housing repairs.
Since its establishment over a century ago, The Miami Herald has been an advocate for the less fortunate in the South Florida community. In 1952, the Miami Herald Lend-A-Hand Fund was incorporated to formalize these efforts, and in 1982, The Miami Herald published its first Wish Book to highlight the needs of local residents. The Miami Herald Charities was officially established in 1995, offering readers an opportunity to make a tangible difference in their neighbors' lives. Since then, the generosity of Miami Herald and El Nuevo Herald readers has contributed millions of dollars to support the community's most vulnerable individuals.
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Impact
July, 2024
The impact of The Herald Charities Inc is profound, as it directly benefits needy individuals and nonprofit organizations in the Miami, FL community. Through their Holiday Wishbook Program, they have facilitated the donation of several million dollars over the years to assist those in need. This program provides essential items such as food, clothing, toys, medical services, housing repairs, and more to individuals whose needs surpass the resources of social service agencies. By partnering with the Miami Herald and El Nuevo Herald, The Herald Charities Inc has been able to shine a light on the less fortunate and mobilize readers to make a difference in their neighbors' lives. This impactful initiative showcases the power of philanthropy and community support in creating positive change for those facing adversity.
This information is meant to be a general summary of The Herald Charities 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 2022.
- Investment Income: $85
- Gross Receipts: $477,092
Assets and Liabilities:
- Total Assets: $2,136,490
- Total Liabilities: $169,857
- Net Assets: $1,966,633
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Organization Details
Founding Year
1977
Phone
(305) 376-2525Principal Officer
Bob Mcfarlin
Main Address
1000 NW 57TH CT 980, MIAMI, FL, 33126
Website
www.heraldwishbook.comNTEE Category
Code: T30 - Philanthropy
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