Overview
What is J P Griffon Memorial Foundation?
The J P Griffon Memorial Foundation, located in Friendswood, Texas, is a dedicated nonprofit organization focusing on promoting higher education and providing financial assistance. Their primary mission is to award college scholarships to high school seniors in the local community, encouraging continued education opportunities. The foundation also aims to enhance the overall quality of education for students by supplying necessary resources. To achieve these goals, they draw public attention to education services, facilities, and needs, stimulate financial contributions, and offer volunteer services. The organization was established to honor the late John Paul Griffon.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The J P Griffon Memorial Foundation has been rated with a 73% score, indicating a need for improvement in certain areas of accountability and finance. The foundation performs well in terms of board independence and financial management, boasting a strong Program Expense Ratio of 79.33%, which reflects a commitment to programmatic spending. Additionally, it has a perfect score in aspects such as the majority of independent board members and the management of assets.
However, the foundation faces significant challenges regarding transparency and governance policies. It received zero points for several important elements, including a conflict of interest policy and a whistleblower policy, which are crucial for maintaining trust and accountability. Furthermore, the absence of its website being listed on tax forms and the lack of documentation regarding board meeting minutes highlight areas where the foundation could improve its operational transparency. Overall, while the foundation demonstrates strong financial management, addressing governance policy gaps is essential for enhancing its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is J P Griffon Memorial Foundation legitimate?
J P Griffon Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. J P Griffon Memorial 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.
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What is the mission statement of J P Griffon Memorial Foundation?
The J.P. Griffon Memorial Foundation's mission is centered around promoting higher education and providing financial assistance. It aims to accomplish this by offering scholarships to high school seniors, encouraging and facilitating further educational opportunities, and enhancing the quality of education for students. The foundation also draws attention to education services, facilities, and needs, stimulating monetary contributions and donations. Additionally, it engages in volunteer services and works towards achieving its objectives in a manner that preserves the memory of the late John Paul Griffon.
Who is the CEO of J P Griffon Memorial Foundation?
Robert J Griffon is the President/Secretary/Treasu of J P Griffon Memorial Foundation.
What is the revenue of J P Griffon Memorial Foundation?
J P Griffon Memorial Foundation's revenue in 2022 was $48,769.
Who are the executives of J P Griffon Memorial Foundation and what are their salaries?
There 22 volunteers at J P Griffon Memorial Foundation.
Here are 12 key members and their salaries:
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Where can I find the form 990 for J P Griffon Memorial Foundation?
J P Griffon Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of J P Griffon Memorial Foundation
The J.P. Griffon Memorial Foundation is a nonprofit organization with a mission to promote higher education and provide financial assistance in the form of scholarships to high school graduating seniors within the community. Their primary goal is to encourage and facilitate continuing education opportunities for these students, reinforcing the importance of furthering one's education. Additionally, the foundation aims to enhance the overall quality of education for students by supplying necessary items and resources.
In order to achieve its objectives, the J.P. Griffon Memorial Foundation actively works to draw public attention to education services, facilities, and needs. They strive to stimulate monetary contributions, endowments, bequests, and other gifts to support their initiatives. Furthermore, the foundation encourages volunteer services and is dedicated to carrying out purposes that preserve the memory of the late John Paul Griffon.
In summary, the J.P. Griffon Memorial Foundation is committed to empowering the community's high school graduating seniors by offering college scholarships and promoting ongoing education opportunities. Through their efforts, they aim to improve the educational landscape and encourage philanthropic contributions, all while honoring the legacy of John Paul Griffon.
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Impact
August, 2024
The J P Griffon Memorial Foundation's impact is felt through its dedication to promoting higher education and providing financial assistance to high school seniors in Friendswood, TX. By offering college scholarships, the foundation encourages and facilitates continuing education opportunities for graduating seniors in the community. Additionally, their mission to enhance the overall quality of education for students, raise public awareness on educational needs, and stimulate contributions for educational services and facilities, showcases their commitment to fostering a brighter future for students.
This information is meant to be a general summary of J P Griffon Memorial 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: $16,137
- Gross Receipts: $82,739
Assets and Liabilities:
- Total Assets: $714,364
- Total Liabilities: $0
- Net Assets: $714,364
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Organization Details
Founding Year
1988
Phone
(281) 482-4258Principal Officer
Robert J Griffon
Main Address
315 SUNSET DR, FRIENDSWOOD, TX, 77546
NTEE Category
Code: B82 - Education
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