Overview
What is Fair Hill Foundation Inc?
Fair Hill Foundation Inc is a nonprofit organization situated in Elkton, Maryland. Their primary mission is to assist the State of Maryland in preserving and enhancing the Maryland State Park located at Fair Hill Natural Resources Management Area. This encompasses maintaining and improving the race track, as well as supporting the annual International Five Star Event at Fair Hill. The foundation's activities contribute to the overall protection and betterment of this natural area, ensuring its continued accessibility and enjoyment for the community.
Official website here: www.fairhillfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% - Three-Star out of Four Star rating.
The Fair Hill Foundation Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The organization's overall score is based entirely on its accountability and finance metrics, indicating a strong focus on responsible governance and financial practices.
Notable strengths of the Fair Hill Foundation include a fully independent board, which ensures unbiased decision-making, and a high program expense ratio of 78.06%. This suggests that a significant portion of its funds directly supports its programs rather than administrative costs. Furthermore, the organization has successfully implemented important policies such as conflict of interest and whistleblower protections, which contribute to its transparency.
While the organization performs well in many areas, the rating is based solely on financial accountability aspects. There are no additional metrics or indicators of program effectiveness or impact reported, which can limit a comprehensive understanding of the foundation's overall effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Fair Hill Foundation Inc legitimate?
Fair Hill Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fair Hill 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.
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Professional Fundraising Fees: $16,450
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Official website here: www.fairhillfoundation.org
What is the mission statement of Fair Hill Foundation Inc?
The Fair Hill Foundation Inc's mission is to aid the State of Maryland in safeguarding, enhancing, and preserving all aspects of the Maryland State Park situated at Fair Hill Natural Resources Management Area. This includes supporting the new Five-Star eventing facility within the area. The foundation assists in maintaining and improving the race track and provides support for the annual International Five-Star event held at Fair Hill. Overall, their mission is to contribute to the conservation and development of this significant park.
Official website here: www.fairhillfoundation.org
Who is the CEO of Fair Hill Foundation Inc?
Charles C Fenwick Jr is the Secretary of Fair Hill Foundation Inc.
Official website here: www.fairhillfoundation.org
What is the revenue of Fair Hill Foundation Inc?
Fair Hill Foundation Inc's revenue in 2022 was $754,438.
Official website here: www.fairhillfoundation.org
Who are the executives of Fair Hill Foundation Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.fairhillfoundation.org
Where can I find the form 990 for Fair Hill Foundation Inc?
Fair Hill Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairhillfoundation.org
Learn more at the official website: www.fairhillfoundation.org
Mission Statement of Fair Hill Foundation Inc
Fair Hill Foundation Inc plays a crucial role in assisting the state of Maryland in protecting, enhancing, and preserving various aspects of the Maryland state park located at Fair Hill Natural Resources Management Area. One of their primary objectives is to support the state in maintaining and improving the race track within this park. Furthermore, the foundation is committed to aiding the annual International Five-Star Event held at Fair Hill. By doing so, Fair Hill Foundation Inc contributes significantly to the preservation and promotion of this valuable natural resource, ensuring its continued enjoyment by the public.
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Impact
July, 2024
Fair Hill Foundation Inc's impact can be seen in its dedication to assisting the state of Maryland in protecting, enhancing, and preserving all facets of the Maryland State Park located at Fair Hill Natural Resources Management Area. This organization works towards supporting the Department of Natural Resources with the maintenance and improvements to the race track, as well as providing backing for the annual international five-star event at Fair Hill. Through its efforts, Fair Hill Foundation Inc plays a crucial role in the conservation and development of this natural resource, contributing to the community and environment in Elkton, MD.
This information is meant to be a general summary of Fair Hill 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: -$3,146
- Gross Receipts: $959,650
Assets and Liabilities:
- Total Assets: $200,914
- Total Liabilities: $75,000
- Net Assets: $125,914
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Organization Details
Founding Year
2016
Phone
(410) 578-3802Principal Officer
Charles C Fenwick Jr
Main Address
P O BOX 1324, ELKTON, MD, 21921
Website
www.fairhillfoundation.orgNTEE Category
Code: T11 - Philanthropy
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