Overview
What is William H Gray Iii Memorial Foundation?
The William H Gray III Memorial Foundation is a nonprofit organization situated in Washington D.C., specifically at 300 New Jersey Avenue NW 900. Established with the purpose of honoring William H. Gray III's lifelong commitment to the United States and international human rights, the foundation aims to redesignate and maintain the railway station at 2955 Market Street in Philadelphia, Pennsylvania, commonly known as "30th Street Station," as the "William H. Gray III 30th Street Station." To achieve this, the foundation intends to fund and initiate educational and charitable activities that celebrate Gray's service to the nation and human rights causes.
Official website here: www.gray30thstation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The William H Gray III Memorial Foundation has received a low rating of 56%, indicating significant concerns about its financial health and accountability. While the foundation boasts a fully independent board and strong policies for oversight, including conflict of interest and whistleblower protections, the overall score reflects shortcomings in financial management.
One key area of concern is the foundation's program expense ratio, which stands at only 24.54%, suggesting that a minimal portion of its expenses is directed towards programs. Additionally, the liabilities to assets ratio is reported at 0.00%, which indicates a lack of financial leverage but may also reflect limited operational capacity. Furthermore, the foundation has not made its tax form available on its website, which is a critical transparency issue that could deter potential donors.
In summary, while the foundation demonstrates strength in governance and compliance, its low program expenditure and transparency issues significantly impact its overall rating. Prospective donors should consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is William H Gray Iii Memorial Foundation legitimate?
William H Gray Iii Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. William H Gray Iii 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $154,710
Other Salaries and Wages: $0
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Official website here: www.gray30thstation.org
What is the mission statement of William H Gray Iii Memorial Foundation?
The William H. Gray III Memorial Foundation's mission is centered around supporting educational and charitable initiatives. This is done to honor the lifetime commitment and service of an unnamed individual to the United States and international human rights causes. A significant part of their mission involves the redesignation and maintenance of a railroad station as a tribute to this individual. The exact location of the station is not specified, but it's commonly known as the 30th Street Station. The foundation's activities aim to commemorate this person's dedication and contribute to various charitable causes.
Official website here: www.gray30thstation.org
Who is the CEO of William H Gray Iii Memorial Foundation?
Justin Gray is the Director of William H Gray Iii Memorial Foundation.
Official website here: www.gray30thstation.org
What is the revenue of William H Gray Iii Memorial Foundation?
William H Gray Iii Memorial Foundation's revenue in 2022 was $1,157,234.
Official website here: www.gray30thstation.org
Who are the executives of William H Gray Iii Memorial Foundation and what are their salaries?
There 3 volunteers at William H Gray Iii Memorial Foundation.
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
Official website here: www.gray30thstation.org
Where can I find the form 990 for William H Gray Iii Memorial Foundation?
William H Gray Iii Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gray30thstation.org
Learn more at the official website: www.gray30thstation.org
Mission Statement of William H Gray Iii Memorial Foundation
The William H. Gray III Memorial Foundation is committed to honoring the lifelong service and dedication of William H. Gray III to the United States and international human rights causes. Its primary mission involves supporting educational and charitable activities, with a special focus on commemorating Gray's contributions. Furthermore, the organization seeks to redesignate and maintain the railroad station located at 2955 Market Street in Philadelphia, Pennsylvania, commonly known as "30th Street Station," as the "William H. Gray III 30th Street Station." This endeavor serves as a lasting tribute to Gray's significant impact and influence.
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Impact
July, 2024
The William H Gray III Memorial Foundation's impact lies in supporting educational and charitable activities that honor William H. Gray III's dedication and service to the United States and international human rights causes. Additionally, the foundation works towards the redesignation and maintenance of the 30th Street Station in Philadelphia as the "William H. Gray III 30th Street Station." The foundation raises funds to implement programs that commemorate Gray's legacy and contribute to educational and charitable initiatives related to his work and the historical station.
This information is meant to be a general summary of William H Gray Iii 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: $832
- Gross Receipts: $1,157,234
Assets and Liabilities:
- Total Assets: $1,072,932
- Total Liabilities: $0
- Net Assets: $1,072,932
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Organization Details
Founding Year
2018
Phone
(202) 466-8585Principal Officer
Justin Gray
Main Address
300 NEW JERSEY AVENUE NW 900, WASHINGTON, DC, 20001
Website
www.gray30thstation.orgNTEE Category
Code: A80 - Arts
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