Overview
What is Henry Clay Memorial Foundation?
The Henry Clay Memorial Foundation, located at 120 Sycamore Road, Lexington, KY 40502, is a dedicated nonprofit organization with a mission to honor and celebrate the life of Henry Clay, a significant figure from the 19th century. They achieve this by preserving his estate as a National Historic Landmark, transforming it into a museum and educational center. This center serves as a vital resource for the community, providing insights into the social and cultural history of the 19th century. The Foundation employs a team of 17 individuals, and their primary activity involves interpreting Henry Clay's life and the era he lived in to educate the community.
Official website here: www.henryclay.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Henry Clay Memorial Foundation has received an 81% rating from Charity Navigator, indicating a solid level of accountability and finance management. This score is based solely on its Accountability & Finance beacon, which reflects the organization’s commitment to transparency and responsible financial practices. An 81% score suggests that the foundation is generally well-managed and effectively utilizes its resources.
The foundation demonstrates strong governance with 100% of its board members being independent, indicating a commitment to objective decision-making. Additionally, there are no reported material diversions of assets, and the organization has well-defined policies for conflicts of interest, whistleblower protections, and document retention. These factors contribute to a high level of trust and reliability among supporters and stakeholders.
While the foundation's program expense ratio is commendable at 72.87%, indicating that a significant portion of its expenditures goes toward its programs, no specific details about its programs or outcomes were provided in the data. This lack of programmatic detail may limit a potential donor's understanding of the impact of the foundation's work.
This AI summary has been generated from information found on Charity Navigator.
Is Henry Clay Memorial Foundation legitimate?
Henry Clay Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henry Clay Memorial 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: $80,775
Professional Fundraising Fees: $0
Other Salaries and Wages: $236,762
For more financial information, click here
Official website here: www.henryclay.org
What is the mission statement of Henry Clay Memorial Foundation?
The Henry Clay Memorial Foundation's mission is centered around preserving a significant historical landmark. Specifically, it aims to maintain the estate as a national historic site, museum, and educational center. The primary objective is to provide insights into the 19th century's history and interpret the life of an influential figure from that era. The foundation also offers educational experiences to the community, fostering an understanding of the social and cultural context of that time period.
Official website here: www.henryclay.org
Who is the CEO of Henry Clay Memorial Foundation?
Kathleen Spears is the Treasurer of Henry Clay Memorial Foundation.
Official website here: www.henryclay.org
What is the revenue of Henry Clay Memorial Foundation?
Henry Clay Memorial Foundation's revenue in 2022 was $703,536.
Official website here: www.henryclay.org
Who are the executives of Henry Clay Memorial Foundation and what are their salaries?
The average compensation at Henry Clay Memorial Foundation during 2022 was $18,679. There are 17 employees at Henry Clay Memorial Foundation.
Here are 19 key members and their salaries:
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Official website here: www.henryclay.org
Where can I find the form 990 for Henry Clay Memorial Foundation?
Henry Clay Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.henryclay.org
Learn more at the official website: www.henryclay.org
Mission Statement of Henry Clay Memorial Foundation
The Henry Clay Memorial Foundation is dedicated to preserving the Henry Clay Estate as a national historic landmark, museum, and educational center. Its mission is to interpret and share the life of Henry Clay, a prominent figure from the 19th century, while providing historical context and educational experiences for the community. The foundation aims to maintain and preserve the estate, ensuring it serves as a valuable resource for understanding the social and cultural history of this era. Through its activities, the Henry Clay Memorial Foundation seeks to honor the legacy of Henry Clay and contribute to a deeper understanding of the past for future generations.
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Impact
July, 2024
The Henry Clay Memorial Foundation's impact lies in its dedication to preserving the Henry Clay Estate as a national historic landmark, museum, and educational center focusing on the history of the 19th century and interpreting the life of Henry Clay. By maintaining and protecting this memorial in honor of Henry Clay, the foundation provides valuable educational experiences for the community related to the social and cultural history of the 19th century. Through its mission, the foundation contributes to the preservation of historical artifacts and knowledge, enriching the cultural landscape of Lexington, Kentucky, and beyond.
This information is meant to be a general summary of Henry Clay Memorial 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: $109,034
- Program Service Revenue: $159,406
- Gross Receipts: $947,571
Assets and Liabilities:
- Total Assets: $5,114,527
- Total Liabilities: $13,663
- Net Assets: $5,100,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$159,406
Organization Details
Founding Year
1926
Phone
(859) 266-8581Principal Officer
Kathleen Spears
Main Address
120 SYCAMORE ROAD, LEXINGTON, KY, 40502
Website
www.henryclay.orgNTEE Category
Code: A54 - Arts
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