Overview
What is Baird Family Charitable Trust?
The Baird Family Charitable Trust is a nonprofit organization headquartered in Austin, Texas, specifically at 6626 Silvermine Drive 300, with a mission to ensure the maintenance and preservation of the conservation easement covering the Baird Ranch and other properties. Texas Land Conservancy holds either an ownership interest or a conservation easement on these properties, and the Trust's purpose is to generate income specifically for this purpose. The Trust's work contributes to the preservation of nature and open spaces, as well as the conservation of important ecological habitats.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 30% (Zero-Star out of Four Star rating)
The Baird Family Charitable Trust has received a low rating from Charity Navigator, indicating concerns regarding its accountability and financial practices. The score is primarily derived from the organization's lack of transparency and governance policies, with significant deductions for missing essential documents and policies that are not publicly available.
Despite having a fully independent board and no material diversion of assets, the Trust falls short in several critical areas, such as not maintaining a conflict of interest policy or whistleblower protections. Furthermore, the absence of board meeting minutes and a posted tax form on its website significantly impacted its overall score.
Overall, the Trust's financial management appears to be stable based on its liabilities to assets ratio and program expense ratio. However, the lack of transparency and adherence to best practices in governance raises concerns regarding its operational integrity, which potential donors and stakeholders should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Baird Family Charitable Trust legitimate?
Baird Family Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baird Family Charitable Trust 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
For more financial information, click here
What is the mission statement of Baird Family Charitable Trust?
The Baird Family Charitable Trust's mission is centered around maintaining and preserving conservation easements. Specifically, it focuses on properties where the Texas Land Conservancy holds either an ownership interest or a conservation easement. The trust aims to ensure the long-term protection of these lands, safeguarding them for future generations. By doing so, the trust contributes to the preservation of natural habitats and the conservation of the environment at large.
Who is the CEO of Baird Family Charitable Trust?
Michael Jung is the Trustee of Baird Family Charitable Trust.
What is the revenue of Baird Family Charitable Trust?
Baird Family Charitable Trust's revenue in 2022 was $107,528.
Who are the executives of Baird Family Charitable Trust and what are their salaries?
There 3 volunteers at Baird Family Charitable Trust.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Baird Family Charitable Trust?
Baird Family Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Baird Family Charitable Trust
The Baird Family Charitable Trust, a philanthropic organization, is dedicated to ensuring the upkeep and conservation of the Baird Ranch, along with other properties that the Texas Land Conservancy has a vested interest in, either through ownership or conservation easements. The Trust's primary mission is to safeguard these natural spaces, maintaining them in their pristine state for future generations. By doing so, the Baird Family Charitable Trust contributes significantly to the preservation of wildlife habitats and the protection of the environment.
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Impact
June, 2024
The Baird Family Charitable Trust contributes significantly to the maintenance and preservation of conservation easements, particularly focusing on the Baird Ranch and other properties under the jurisdiction of the Texas Land Conservancy. By providing essential income for these conservation efforts, the Trust plays a crucial role in safeguarding natural habitats and promoting environmental conservation in the city of Austin, Texas. Through its dedicated mission, the Trust's impact is instrumental in ensuring the long-term sustainability and protection of these vital ecological resources.
This information is meant to be a general summary of Baird Family Charitable Trust. 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: $107,528
- Gross Receipts: $666,101
Assets and Liabilities:
- Total Assets: $925,018
- Total Liabilities: $8,000
- Net Assets: $917,018
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Organization Details
Founding Year
1991
Phone
(512) 301-6363Principal Officer
Michael Jung
Main Address
6626 Silvermine Drive 300, Austin, TX, 78736
NTEE Category
Code: C34 - Environment
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