Overview
What is The Deering Estate Foundation Inc?
The Deering Estate Foundation Inc, based in Miami, Florida, is a nonprofit organization dedicated to supporting and expanding educational, environmental, historical, cultural, archaeological, scientific, park, and recreational facilities, programs, and services offered at the Deering Estate at Cutler, a 450-acre historical preserve in South Florida on Biscayne Bay. Their efforts include funding for historic preservation projects, such as the repair of a historic roof and soffet on one of the estate's buildings, and the restoration of art pieces from the historic Deering collection. They also maintain a climate-controlled storage for historic collection pieces and provide special art and collections insurance. The Foundation's mission is to enrich and develop the resources available at the Deering Estate to ensure its continued preservation and accessibility for the community. They currently employ a staff of 5 individuals.
Official website here: www.deeringestate.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Deering Estate Foundation Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This high score indicates that the organization demonstrates excellent financial practices and transparency, with a significant focus on maintaining an independent board and rigorous oversight mechanisms.
The foundation scores particularly well in various categories, such as having a majority of independent board members and exceptional audit and oversight practices. Additionally, it maintains low liabilities relative to its assets, showcasing financial stability, and allocates a substantial portion of its budget—over 71%—toward program expenses, further emphasizing its dedication to its mission.
While the score highlights numerous strengths, the rating is based solely on the Accountability & Finance beacon, which means that other aspects such as program outcomes and effectiveness may not have been evaluated. Nonetheless, the robust financial management and governance policies suggest that donors can have confidence in the foundation's stewardship of resources.
This AI summary has been generated from information found on Charity Navigator.
Is The Deering Estate Foundation Inc legitimate?
The Deering Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Deering Estate Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
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Other Salaries and Wages: $259,449
For more financial information, click here
Official website here: www.deeringestate.org
What is the mission statement of The Deering Estate Foundation Inc?
The Deering Estate Foundation Inc's mission is centered around providing resources and assistance for the enhancement and expansion of various facilities, programs, and services related to education, environment, history, culture, archaeology, science, and recreation. This mission pertains to the facilities and offerings at, through, or in conjunction with the Deering Estate, a historical preserve located in South Florida on Biscayne Bay. The foundation's aim is to promote the growth of these offerings to enrich and educate visitors, fostering a deeper understanding of the preserve's rich heritage and natural environment.
Official website here: www.deeringestate.org
Who is the CEO of The Deering Estate Foundation Inc?
Carole Wright is the President of The Deering Estate Foundation Inc.
Official website here: www.deeringestate.org
What is the revenue of The Deering Estate Foundation Inc?
The Deering Estate Foundation Inc's revenue in 2022 was $977,279.
Official website here: www.deeringestate.org
Who are the executives of The Deering Estate Foundation Inc and what are their salaries?
The average compensation at The Deering Estate Foundation Inc during 2022 was $51,890. There are 5 employees and 525 volunteers at The Deering Estate Foundation Inc.
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Official website here: www.deeringestate.org
Where can I find the form 990 for The Deering Estate Foundation Inc?
The Deering Estate Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.deeringestate.org
Learn more at the official website: www.deeringestate.org
Mission Statement of The Deering Estate Foundation Inc
The Deering Estate Foundation Inc, a nonprofit organization, is committed to providing resources and assistance for the enhancement and expansion of educational, environmental, historical, cultural, archaeological, scientific, park and recreational facilities, programs, and other services offered at, through, or in conjunction with the Deering Estate at Cutler. Situated in South Florida on Biscayne Bay, this 450-acre historical preserve serves as a hub for a diverse range of activities aimed at preserving and showcasing the area's rich history and natural beauty. By supporting the Deering Estate, the Foundation seeks to enrich the experiences of visitors while fostering a deeper understanding and appreciation for the preserve's unique offerings.
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Impact
June, 2024
The Deering Estate Foundation Inc has a significant impact on historic preservation, educational programs, environmental conservation, and cultural enrichment at the Deering Estate at Cutler. This nonprofit organization plays a crucial role in providing resources and assistance for the enhancement and expansion of the facilities, programs, and services offered at the 450-acre historical preserve in South Florida. Through initiatives like historic roof and soffit repairs, restoration of art pieces from the Charles Deering Collection, and the maintenance of climate-controlled storage for historic collection pieces, The Deering Estate Foundation Inc contributes to the preservation of local history and heritage. Additionally, their support for educational, environmental, and recreational programs benefits the community and fosters a deeper appreciation for the natural and cultural wonders of the area. The organization's efforts extend beyond simple preservation to actively enriching the experiences of visitors and residents alike, making a lasting impact on the region.
This information is meant to be a general summary of The Deering Estate Foundation 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: $86,917
- Gross Receipts: $1,326,127
Assets and Liabilities:
- Total Assets: $7,602,558
- Total Liabilities: $283,782
- Net Assets: $7,318,776
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Organization Details
Founding Year
1989
Phone
(305) 235-1668Principal Officer
Carole Wright
Main Address
16701 SW 72ND AVENUE, MIAMI, FL, 33157
Website
www.deeringestate.orgNTEE Category
Code: C34 - Environment
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