Overview
What is 29 Bellevue Avenue Foundation Inc?
29 Bellevue Avenue Foundation Inc is a nonprofit organization established primarily to restore, maintain, and preserve the historically significant building located at 29 Bellevue Avenue in Newport, Rhode Island. Their mission extends beyond this specific property, also encompassing the restoration, maintenance, and preservation of other landmarked buildings in Newport, such as the International Tennis Hall of Fame. Due to the ongoing COVID-19 pandemic, their activities have been limited to saving funds for future restoration efforts. The foundation operates from an address in New York City.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 20%
The 29 Bellevue Avenue Foundation Inc has received a low rating of 20%, resulting in a Zero-Star out of Four Stars designation. This rating reflects significant concerns regarding the charity's accountability and financial practices, particularly its lack of independent board members and overall transparency. The absence of a publicly accessible website and required financial documents further highlights these issues.
Despite the noted material diversion of assets being absent, other critical areas such as the proportion of program expenses are alarmingly low, at just 1.64%. This suggests that the organization may not be effectively utilizing its funds for its intended charitable purposes. The presence of a conflict of interest policy is a positive aspect, but it is overshadowed by missing essential policies such as those for whistleblowing and document retention.
Overall, 29 Bellevue Avenue Foundation Inc faces significant challenges in governance and financial management. The lack of independent oversight and transparency may hinder its credibility and effectiveness in serving its mission. Potential donors should consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is 29 Bellevue Avenue Foundation Inc legitimate?
29 Bellevue Avenue Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 29 Bellevue Avenue 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: $0
For more financial information, click here
What is the mission statement of 29 Bellevue Avenue Foundation Inc?
The 29 Bellevue Avenue Foundation Inc is established with the primary objective of restoring, maintaining, and preserving a historically significant building. This building is located at 29 Bellevue Avenue in Newport, Rhode Island. Beyond this primary goal, the foundation also has secondary purposes, which include restoring, maintaining, and preserving other landmarked buildings in Newport, Rhode Island, such as the International Tennis Hall of Fame. The foundation's mission is primarily focused on the conservation and protection of significant architectural heritage.
Who is the CEO of 29 Bellevue Avenue Foundation Inc?
Tylor Field Ii is the President of 29 Bellevue Avenue Foundation Inc.
What is the revenue of 29 Bellevue Avenue Foundation Inc?
29 Bellevue Avenue Foundation Inc's revenue in 2022 was $123,666.
Who are the executives of 29 Bellevue Avenue Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 29 Bellevue Avenue Foundation Inc?
29 Bellevue Avenue Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 29 Bellevue Avenue Foundation Inc
The 29 Bellevue Avenue Foundation Inc is primarily established with the mission of restoring, maintaining, and preserving a historically and architecturally significant building. This building is located at 29 Bellevue Avenue, Newport, Rhode Island. Beyond this primary objective, the foundation also has secondary purposes, which involve restoring, maintaining, and preserving landmarked buildings in Newport, Rhode Island. Notably, this includes, but is not limited to, the International Tennis Hall of Fame. The foundation's efforts aim to safeguard these historical structures, ensuring their continued existence and appreciation for future generations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
29 Bellevue Avenue Foundation Inc plays a crucial role in the preservation of historically and architecturally significant buildings in Newport, Rhode Island, with a primary focus on the restoration and maintenance of 29 Bellevue Avenue. The organization aims to safeguard the cultural and historical integrity of this site, ensuring that it remains a valuable asset for both the community and visitors.
Amidst challenges posed by the COVID-19 pandemic in 2021, the foundation has prioritized saving resources for future restoration efforts, demonstrating a commitment to long-term preservation goals. In addition to its main focus, the foundation also engages in the preservation of other landmark buildings in Newport, including the International Tennis Hall of Fame. Through its dedicated efforts, the foundation not only enhances the architectural landscape of Newport but also fosters appreciation for its rich history and cultural heritage.
This information is meant to be a general summary of 29 Bellevue Avenue 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: $1,966
- Gross Receipts: $123,666
Assets and Liabilities:
- Total Assets: $298,447
- Total Liabilities: $0
- Net Assets: $298,447
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2018
Phone
(212) 418-0539Principal Officer
Tylor Field Ii
Main Address
MLB TAX LLC 1180 6TH AVE 865, NEW YORK, NY, 10036
NTEE Category
Code: A80 - Arts
If you are a representative of 29 Bellevue Avenue Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.