Overview
What is Houston Bar Foundation?
The Houston Bar Foundation, situated in Houston, Texas, serves as the charitable arm of the Houston Bar Association. Its primary focus is to assist Houston Volunteer Lawyers, the pro bono service division of the Houston Bar Association. The foundation further supports initiatives aligned with the Houston Bar Association's mission of serving lawyers in Houston and upholding justice. The Houston Bar Foundation's main objective is to advocate for legal representation for the indigent, promote understanding of our legal system within the community, and contribute to its effective administration. By doing so, the foundation plays a crucial role in fostering justice and equality in the city of Houston.
Official website here: www.hba.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Houston Bar Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The foundation excels in various metrics, particularly in governance, with 100% independent board members and robust financial oversight. The organization demonstrates effective management of funds, as evidenced by a significant program expense ratio of 86%, ensuring that the majority of its resources are directed toward its mission.
While the foundation's strengths are notable, a key limitation is the absence of a whistleblower policy, which received a score of zero. This could suggest a potential area for improvement in ensuring transparency and protecting individuals who report unethical practices. Nonetheless, the foundation's financial stability is illustrated by a liabilities to assets ratio of just 6.57% and a healthy working capital ratio, showcasing its capability to sustain operations over the long term.
Overall, the Houston Bar Foundation exemplifies strong financial practices and effective governance, making it a reliable option for donors looking to support philanthropic efforts. However, addressing the gap in its whistleblower policy would further enhance its accountability framework.
This AI summary has been generated from information found on Charity Navigator.
Is Houston Bar Foundation legitimate?
Houston Bar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Bar 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:
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Other Salaries and Wages: $83,604
For more financial information, click here
Official website here: www.hba.org
What is the mission statement of Houston Bar Foundation?
The Houston Bar Foundation, serving as the charitable arm of the Houston Bar Association, is committed to its mission. This mission involves supporting initiatives that provide legal representation to those in need, promote public understanding of the legal system, and advance justice administration. The Houston Bar Foundation primarily aids Houston Volunteer Lawyers, the pro bono service division of the Houston Bar Association, and aligns with the Houston Bar Association's mission to serve local lawyers and uphold justice. Additionally, the Foundation contributes to programs that further the association's objectives.
Official website here: www.hba.org
Who is the CEO of Houston Bar Foundation?
Monica Karuturi is the Chair of Houston Bar Foundation.
Official website here: www.hba.org
What is the revenue of Houston Bar Foundation?
Houston Bar Foundation's revenue in 2022 was $1,998,914.
Official website here: www.hba.org
Who are the executives of Houston Bar Foundation and what are their salaries?
There 17 volunteers at Houston Bar Foundation.
Here are 18 key members and their salaries:
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- Related: $216,750
- Other: $20,560
Official website here: www.hba.org
Where can I find the form 990 for Houston Bar Foundation?
Houston Bar Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hba.org
Learn more at the official website: www.hba.org
Mission Statement of Houston Bar Foundation
The Houston Bar Foundation, serving as the charitable arm of the Houston Bar Association, is dedicated to a mission that encompasses three key areas. Primarily, it supports pro bono legal services to the community, ensuring that those in need have access to legal representation. Secondly, it works towards promoting a better understanding of our legal system among the community, fostering a deeper appreciation for its intricacies and functions. Lastly, the Foundation is committed to fostering the administration of justice, playing a crucial role in upholding the integrity and fairness of our legal system. By providing financial support to programs aligned with these objectives, the Houston Bar Foundation contributes significantly to the legal community and the broader society. Its primary beneficiary is Houston Volunteer Lawyers, the pro bono service arm of the Houston Bar Association, further reinforcing its commitment to providing legal aid to those who cannot afford it.
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Impact
July, 2024
The Houston Bar Foundation's impact is evident in its support of pro bono legal services which provide crucial representation to the indigent in Houston. By promoting community understanding of the legal system and fostering the administration of justice, the Foundation plays a vital role in ensuring access to legal assistance for those in need. Through its work with Houston Volunteer Lawyers and other programs, the Foundation exemplifies a commitment to serving the community and advancing justice.
This information is meant to be a general summary of Houston Bar 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: $792,268
- Gross Receipts: $4,650,787
Assets and Liabilities:
- Total Assets: $18,967,094
- Total Liabilities: $956,405
- Net Assets: $18,010,689
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Organization Details
Founding Year
1982
Phone
(713) 759-1133Principal Officer
Monica Karuturi
Main Address
1111 Bagby FLB 200, Houston, TX, 77002
Website
www.hba.orgNTEE Category
Code: I038 - Crime
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