Overview
What is Fred M Van Eck Forest Foundation For Purdue University?
The Fred M Van Eck Forest Foundation for Purdue University is a nonprofit organization based in San Francisco, California, with an address on 1001 A O'Reilly Ave. Its primary mission is to safeguard the California and Oregon van Eck forests for the welfare of future generations. The foundation's focus is on managing these forests as commercial woodlands, primarily for the benefit of Purdue University's research into the genetic enhancement of North American hardwood tree species. However, the organization also ensures that environmental and wildlife conservation are integral parts of their forest management strategy, as dictated by their commitment to due regard for these aspects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Fred M Van Eck Forest Foundation for Purdue University has received a two-star rating from Charity Navigator, indicating significant areas for improvement, particularly in governance and transparency. With an overall score of 71%, the organization demonstrates strong financial health, as evidenced by its high program expense ratio of nearly 88%, which suggests that a substantial portion of its resources is directed towards its mission.
Despite these strengths, the foundation falls short in critical accountability aspects. The board lacks independence, with only 33% of its members being independent, and it has not implemented key policies, including a whistleblower policy and a document retention policy. Additionally, the absence of a website listed on its tax form and missing tax documents on its website further highlight the need for enhanced transparency and governance practices.
In summary, while the foundation is effective in utilizing its funds for programs, it must address the governance issues and improve its transparency to build trust with stakeholders and ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Fred M Van Eck Forest Foundation For Purdue University legitimate?
Fred M Van Eck Forest Foundation For Purdue University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fred M Van Eck Forest Foundation For Purdue University 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Fred M Van Eck Forest Foundation For Purdue University?
The Fred M Van Eck Forest Foundation for Purdue University is dedicated to preserving the California and Oregon forests for future generations. This is done with a focus on managing the forests as commercial sites for the benefit of Purdue University's hardwood tree improvement research. The foundation ensures that this management approach takes into account environmental and wildlife considerations. The foundation has supported Purdue University in conducting scientific research on genetic improvements of North American hardwood tree species. To further protect environmental and wildlife habitats, the foundation has conservation easements managed by the Pacific Forest Trust.
Who is the CEO of Fred M Van Eck Forest Foundation For Purdue University?
Laurie A Wayburn is the Trustee of Fred M Van Eck Forest Foundation For Purdue University.
What is the revenue of Fred M Van Eck Forest Foundation For Purdue University?
Fred M Van Eck Forest Foundation For Purdue University's revenue in 2022 was $2,175,569.
Who are the executives of Fred M Van Eck Forest Foundation For Purdue University and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $209,627
- Other: $39,664
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fred M Van Eck Forest Foundation For Purdue University?
Fred M Van Eck Forest Foundation For Purdue University's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fred M Van Eck Forest Foundation For Purdue University
The Fred M Van Eck Forest Foundation for Purdue University is dedicated to safeguarding California and Oregon's forests for future generations. The organization's mission is multifaceted, encompassing the management of these forests as commercial woodlands to support Purdue University's research on the genetic improvement of North American hardwood tree species. However, this management is carried out with a keen awareness of environmental and wildlife considerations, ensuring the preservation of these ecosystems for future generations.
To achieve this, the Foundation has partnered with Pacific Forest Trust to hold and manage conservation easements. This collaboration allows the Foundation to protect the forests while still providing support for Purdue University's research. By doing so, the Fred M Van Eck Forest Foundation for Purdue University contributes to the advancement of scientific knowledge in the field of hardwood tree genetics, all while maintaining a balance between economic and ecological interests.
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Impact
June, 2024
The Fred M Van Eck Forest Foundation For Purdue University has made a significant impact by providing support to Purdue University for conducting scientific research on genetic improvements of North American hardwood tree species. Through the foundation's efforts, the van Eck forests in California and Oregon are being held and protected for the benefit of future generations. Furthermore, the management of these forests as commercial forests for Purdue University's hardwood tree improvement research is done with due regard to environmental and wildlife considerations, ensuring the conservation of habitat. The foundation's work reflects a commitment to environmental sustainability while advancing scientific knowledge in the field of forestry.
This information is meant to be a general summary of Fred M Van Eck Forest Foundation For Purdue University. 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: $114,575
- Program Service Revenue: $2,010,755
- Gross Receipts: $2,175,569
Assets and Liabilities:
- Total Assets: $20,676,142
- Total Liabilities: $379,893
- Net Assets: $20,296,249
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Carbon Offset Revenue
Revenue
$615,000
Timber Harvesting
Revenue
$1,395,755
Organization Details
Founding Year
2001
Phone
(415) 561-0700Principal Officer
Laurie A Wayburn
Main Address
1001 A OReilly Ave, San Francisco, CA, 94129
NTEE Category
Code: C36 - Environment
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