Overview
What is Greater Boca Raton Chamber Of Commerce Education Foundation Inc?
Greater Boca Raton Chamber Of Commerce Education Foundation Inc, commonly known as the Golden Bell Education Foundation, is a nonprofit organization situated in Boca Raton, Florida. Their primary mission is to support the local public school system by managing funds and implementing educational programs that foster business skills in grade school students. In line with this mission, they have donated a significant amount of $138,875 to various schools and nonprofit organizations that offer educational scholarships and champion the arts.
Official website here: www.bocaratonchamber.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star Rating)
The Greater Boca Raton Chamber of Commerce Education Foundation Inc has achieved an impressive 91% rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a focus on maintaining a majority of independent board members and a solid program expense ratio, the organization demonstrates effective management of its resources, ensuring that a significant portion of funds directly supports educational initiatives.
User feedback from various sources highlights the foundation's positive impact on local public schools, particularly through its Golden Bell Education Foundation initiative. Reviewers emphasize the foundation's role in providing grants for teachers and funding educational resources, which significantly enhance learning opportunities for students. Fundraising events, such as the Battle of the Bands, are noted for their creativity and community engagement, contributing to the foundation's success in raising funds.
While the data is overwhelmingly positive, there's no mention of any significant limitations or issues raised by users or within the charity's financial assessment. Overall, the foundation is recognized as a vital partner in the Boca Raton educational community, effectively filling gaps left by state and local funding.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Greater Boca Raton Chamber Of Commerce Education Foundation Inc legitimate?
Greater Boca Raton Chamber Of Commerce Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Boca Raton Chamber Of Commerce Education 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:
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For more financial information, click here
Official website here: www.bocaratonchamber.com
What is the mission statement of Greater Boca Raton Chamber Of Commerce Education Foundation Inc?
The Greater Boca Raton Chamber of Commerce Education Foundation Inc, commonly known as the Golden Bell Education Foundation, is dedicated to supporting the local public school system. Their mission involves raising and administering funds for educational programs that foster business skills in grade school students. Through these initiatives, they aim to contribute positively to the academic growth and development of the students. The foundation has donated significant grants, totaling $138,875, to schools and non-profit organizations that offer educational scholarships and promote arts education.
Official website here: www.bocaratonchamber.com
Who is the CEO of Greater Boca Raton Chamber Of Commerce Education Foundation Inc?
Troy M Mclellan is the Director of Greater Boca Raton Chamber Of Commerce Education Foundation Inc.
Official website here: www.bocaratonchamber.com
What is the revenue of Greater Boca Raton Chamber Of Commerce Education Foundation Inc?
Greater Boca Raton Chamber Of Commerce Education Foundation Inc's revenue in 2022 was $146,239.
Official website here: www.bocaratonchamber.com
Who are the executives of Greater Boca Raton Chamber Of Commerce Education Foundation Inc and what are their salaries?
There 25 volunteers at Greater Boca Raton Chamber Of Commerce Education Foundation Inc.
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Official website here: www.bocaratonchamber.com
Where can I find the form 990 for Greater Boca Raton Chamber Of Commerce Education Foundation Inc?
Greater Boca Raton Chamber Of Commerce Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bocaratonchamber.com
Learn more at the official website: www.bocaratonchamber.com
Mission Statement of Greater Boca Raton Chamber Of Commerce Education Foundation Inc
The Greater Boca Raton Chamber Of Commerce Education Foundation Inc, often referred to as the Golden Bell Education Foundation, has a mission dedicated to supporting the local public school system. This nonprofit organization aims to raise and administer funds for educational programs that foster business skills in grade school students. By doing so, it contributes to the holistic development of these students, preparing them for future academic and professional pursuits.
In pursuit of its mission, the Greater Boca Raton Chamber Of Commerce Education Foundation Inc donates grants to schools and not-for-profit organizations. These grants are primarily used to provide educational scholarships and promote artistic endeavors among the students. By investing in these areas, the foundation seeks to empower the next generation with valuable skills and a passion for the arts, thereby enriching their overall educational experience.
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Impact
October, 2024
The Greater Boca Raton Chamber of Commerce Education Foundation Inc significantly enhances the educational landscape for students in Boca Raton. By administering funds and educational programs, it directly supports the local public school system, focusing on promoting essential business skills among grade school students.
In the recent year, the foundation made a substantial impact by distributing grants totaling $138,875 to schools and nonprofit organizations. These grants not only provide scholarships but also foster the arts, enriching the educational experiences of students. Through its dedicated efforts, the foundation is instrumental in nurturing future leaders prepared to thrive in a competitive business environment.
This information is meant to be a general summary of Greater Boca Raton Chamber Of Commerce Education 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: $1,192
- Program Service Revenue: $30,140
- Gross Receipts: $219,477
Assets and Liabilities:
- Total Assets: $467,514
- Total Liabilities: $69,886
- Net Assets: $397,628
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
YEA PROGRAM REVENUE
Revenue
$30,140
Organization Details
Founding Year
1990
Phone
(561) 395-4433Principal Officer
Troy M Mclellan
Main Address
1800 NORTH DIXIE HIGHWAY, BOCA RATON, FL, 33432
Website
www.bocaratonchamber.comNTEE Category
Code: B95Z - Education
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