Overview
What is The Palm Beach Police And Fire Foundation Inc?
The Palm Beach Police and Fire Foundation Inc is a benevolent organization located in Palm Beach, Florida. Its primary objective is to support the local First Responders, including police and fire personnel, as well as the broader community. One of its key initiatives is providing higher education scholarships to the children of qualified sworn officers, firefighters, and civilian employees within these departments, totaling over $300,000 in scholarships last year. Another crucial program is emergency financial assistance for officers and firefighters facing injuries, disabilities, or personal emergencies. The Foundation also offers supplementary funding to the police and fire rescue departments for additional training, equipment, and other needs. Furthermore, it contributes to the Preston Bernick Retention Plan, which aims to boost recruitment and retention within the Palm Beach Police and Fire Rescue Departments. In addition, the Foundation engages in public safety training and education for the community and advocates for community-wide support for the town's police and fire personnel. The organization has a small team of 4 employees.
Official website here: www.pbpf.us
What are the reviews and ratings of this charity?
97% rating from Charity Navigator indicates that The Palm Beach Police And Fire Foundation Inc has achieved a Four-Star out of Four Star rating, reflecting exceptional performance in accountability and finance. This score is solely derived from their Accountability & Finance category, showcasing their strong financial practices.
The organization exhibits numerous strengths, including a fully independent board, which consists of 18 members, and robust oversight through an Audit and Oversight Committee. They have also demonstrated proper financial management with no material diversion of assets, a solid program expense ratio of 70.48%, and impressive fundraising efficiency, indicating that they effectively utilize their resources to support their mission.
There are no noted limitations in the data provided, suggesting that The Palm Beach Police And Fire Foundation Inc maintains high operational standards and transparency. Their financial health and governance practices contribute to a trustworthy reputation among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Palm Beach Police And Fire Foundation Inc legitimate?
The Palm Beach Police And Fire Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Palm Beach Police And Fire 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $267,578
For more financial information, click here
Official website here: www.pbpf.us
What is the mission statement of The Palm Beach Police And Fire Foundation Inc?
The Palm Beach Police and Fire Foundation Inc is a charitable organization dedicated to supporting the local community and first responders. Their mission is to empower peace of mind by providing education, equipment, and advocacy. This is achieved through initiatives and programs approved by the board directors, which include offering scholarships for the children of police and fire personnel, supplying additional equipment and training, offering emergency assistance to those in need, delivering public safety education to the community, and advocating for community-wide support for the town's police and fire personnel.
Official website here: www.pbpf.us
Who is the CEO of The Palm Beach Police And Fire Foundation Inc?
Timothy Moran is the Ceo & Chairman of The Palm Beach Police And Fire Foundation Inc. The CEO's salary of The Palm Beach Police And Fire Foundation Inc is $0 and their total compensation is $0.
Official website here: www.pbpf.us
What is the revenue of The Palm Beach Police And Fire Foundation Inc?
The Palm Beach Police And Fire Foundation Inc's revenue in 2022 was $4,726,750.
Official website here: www.pbpf.us
Who are the executives of The Palm Beach Police And Fire Foundation Inc and what are their salaries?
The average compensation at The Palm Beach Police And Fire Foundation Inc during 2022 was $66,894. There are 4 employees and 30 volunteers at The Palm Beach Police And Fire Foundation Inc.
Here are 19 key members and their salaries (The Palm Beach Police And Fire Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.pbpf.us
Where can I find the form 990 for The Palm Beach Police And Fire Foundation Inc?
The Palm Beach Police And Fire Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pbpf.us
Learn more at the official website: www.pbpf.us
Mission Statement of The Palm Beach Police And Fire Foundation Inc
The Palm Beach Police and Fire Foundation, as a charitable organization, is committed to supporting the Town of Palm Beach's first responders and the local community at large. Their mission is multifaceted, aiming to provide education, equipment, and advocacy to empower peace of mind. By doing so, they ensure that the families and futures of these individuals are secure and well-supported.
To achieve this mission, the Foundation actively engages in initiatives and programs approved by its Board Directors. These endeavors include offering scholarships for the education of children of police and fire personnel, providing supplemental equipment and training to enhance their abilities, offering emergency assistance to these personnel in times of need, and delivering public safety training and education to the community at large. Furthermore, the Foundation advocates for and promotes community-wide support for the police and fire personnel of the Town of Palm Beach.
In essence, The Palm Beach Police and Fire Foundation serves as a pillar of strength and assistance for the town's first responders and its community. Through their various initiatives, they strive to create an environment where these individuals can perform their duties effectively and return home to their families with a sense of security and support.
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Impact
July, 2024
The Palm Beach Police And Fire Foundation Inc makes a significant impact by supporting the Town of Palm Beach First Responders and the local community with education, equipment, and advocacy. This includes providing higher education scholarships to qualified children of sworn officers, firefighters, and civilian employees of the Palm Beach Police and Fire Rescue Departments. Additionally, the foundation offers emergency financial assistance to officers and firefighters in times of need, as well as supplementary funding for training, equipment, and other essential needs. The Preston Bernick Retention Program, funded by the foundation, contributes to the recruitment and retention efforts of the Palm Beach Police and Fire Rescue Departments. Through these initiatives, the foundation ensures that the families and futures of first responders are safe and supported, ultimately empowering peace of mind within the community.
This information is meant to be a general summary of The Palm Beach Police And Fire 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: $265,602
- Gross Receipts: $14,151,848
Assets and Liabilities:
- Total Assets: $12,553,340
- Total Liabilities: $62,604
- Net Assets: $12,490,736
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Organization Details
Founding Year
2006
Phone
(561) 820-8118Principal Officer
Timothy Moran
Main Address
139 North County Rd 26, Palm Beach, FL, 33480
Website
www.pbpf.usNTEE Category
Code: I122 - Crime
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