Overview
What is Bourque Family Foundation Inc?
The Bourque Family Foundation Inc, situated in Woburn, Massachusetts, is a charitable organization that extends its support to organizations and individuals in need. Embodying the legacy of Ray Bourque's leadership, the foundation has a mission to foster a wide range of charitable and educational initiatives. By offering financial aid, the Bourque Family Foundation has been instrumental in backing causes such as Journey Forward, the ALS Association, the Boys and Girls Club of Lower Merrimack Valley, and Skate for the 22 Foundation, among others. These organizations share strong and impactful missions, which the foundation aligns itself with.
Official website here: www.bourquefamilyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (56%)
The Bourque Family Foundation Inc has been rated with a One-Star rating by Charity Navigator, indicating potential concerns regarding its accountability and financial practices. The foundation's overall score of 56% reflects significant weaknesses in its financial management, particularly in the areas of program expense ratio and liabilities to assets ratio, where it received no points.
Despite these financial challenges, the foundation demonstrates strengths in governance, including a fully independent board and adherence to policies such as conflict of interest and whistleblower protections. It has also shown diligence in its audit and oversight processes, receiving full scores in these categories, which suggests a commitment to transparency and ethical governance.
However, the absence of the foundation's tax form on its website and low program expense ratio raises red flags about its operational effectiveness and priorities. Overall, while the Bourque Family Foundation Inc has established a solid governance structure, its financial practices need significant improvement to enhance its rating and operational impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Bourque Family Foundation Inc?
100% of reviewers on Facebook recommend the Bourque Family Foundation Inc, with all six reviews reflecting positive sentiments. Many users express enthusiasm about the events hosted by the foundation, highlighting their impactful contributions to various individuals and charitable organizations.
Reviewers appreciate the foundation's dedication to helping those in need and look forward to future events. The overall sentiment indicates a strong community support for the foundation and its mission, suggesting that it effectively fulfills its purpose and maintains a positive relationship with those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Bourque Family Foundation Inc legitimate?
Bourque Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bourque Family 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bourquefamilyfoundation.org
What is the mission statement of Bourque Family Foundation Inc?
The Bourque Family Foundation Inc. strives to carry on the impact made through philanthropic leadership, by providing support to a diverse range of charitable and educational initiatives. Their mission is to aid organizations and individuals in need, and they have shown support for various causes with strong and impactful missions, such as Journey Forward, the ALS Association, Boys and Girls Club of Lower Merrimack Valley, and Skate for the 22 Foundation, among others. The foundation aims to continue the positive influence initiated by its leadership, thereby contributing to various sectors of society.
Official website here: www.bourquefamilyfoundation.org
Who is the CEO of Bourque Family Foundation Inc?
Erin Lynch is the President of Bourque Family Foundation Inc.
Official website here: www.bourquefamilyfoundation.org
What is the revenue of Bourque Family Foundation Inc?
Bourque Family Foundation Inc's revenue in 2022 was $965,262.
Official website here: www.bourquefamilyfoundation.org
Who are the executives of Bourque Family Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.bourquefamilyfoundation.org
Where can I find the form 990 for Bourque Family Foundation Inc?
Bourque Family Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bourquefamilyfoundation.org
Learn more at the official website: www.bourquefamilyfoundation.org
Mission Statement of Bourque Family Foundation Inc
The Bourque Family Foundation Inc, named after its influential leader, aims to carry forward the positive impact by funding a diverse range of charitable and educational initiatives. This philanthropic organization is committed to extending support to organizations and individuals who are currently in need. The foundation's mission is to uphold Ray's legacy by backing causes with strong and impactful missions, such as Journey Forward, the ALS Association, Boys and Girls Club of Lower Merrimack Valley, and Skate for the 22 Foundation, among others. By doing so, the Bourque Family Foundation Inc strives to contribute to various sectors and make a tangible difference in the lives of those in need.
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Impact
July, 2024
The impact of the Bourque Family Foundation Inc is felt through its generous support of charitable and educational endeavors. By giving to organizations and individuals in need, such as Journey Forward, The ALS Association, The Boys and Girls Club of Lower Merrimack Valley, Skate for the 22 Foundation, and many more, the foundation is making a tangible difference in the community. Their commitment to philanthropy reflects their mission to continue the impactful work initiated by Ray Bourque's leadership.
This information is meant to be a general summary of Bourque Family 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.
- Program Service Revenue: $895,885
- Gross Receipts: $965,262
Assets and Liabilities:
- Total Assets: $259,513
- Total Liabilities: $51,115
- Net Assets: $208,398
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENTS
Revenue
$887,504
APPAREL SALES
Revenue
$8,381
Organization Details
Founding Year
2017
Phone
(781) 305-4893Principal Officer
Erin Lynch
Main Address
800 W CUMMINGS PARK 3700, WOBURN, MA, 01801
NTEE Category
Code: T30 - Philanthropy
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