Overview
What is Hillcrest Historic Foundation?
The Hillcrest Historic Foundation is a nonprofit organization situated in Indianapolis, Indiana, specifically at 6098 Fall Creek Road. Their primary mission involves raising and allocating funds for educational, scientific, literary, and charitable purposes. A significant part of their focus is on preserving and maintaining the historic clubhouse of Hillcrest Country Club. By doing so, they contribute to the conservation of local history and heritage, while also engaging in activities that serve broader societal needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Hillcrest Historic Foundation has received a solid rating of 80% from Charity Navigator, indicating a fair level of accountability and financial health. The organization demonstrates strong governance practices with a fully independent board and no material diversion of assets, which reflects a commitment to ethical management. Additionally, the foundation allocates 97.22% of its expenses directly to programs, showcasing its focus on mission-driven work.
However, the evaluation also highlights some areas for improvement, particularly in its policies regarding whistleblowing and document retention, both of which are currently missing. These shortcomings may pose potential risks to transparency and operational integrity. While the overall financial health of the organization is strong, addressing these policy gaps could enhance stakeholder confidence and ensure more robust governance.
In summary, while the Hillcrest Historic Foundation exhibits significant strengths in its governance and program spending, it would benefit from implementing critical policies to fortify its accountability measures. Taking action in these areas could further solidify its reputation and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Hillcrest Historic Foundation legitimate?
Hillcrest Historic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hillcrest Historic 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: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hillcrest Historic Foundation?
The Hillcrest Historic Foundation's primary objective is to raise and allocate funds for various charitable purposes. These purposes extend to educational, scientific, literary, and philanthropic endeavors, with a significant focus on the preservation and maintenance of a historic clubhouse. The foundation's mission is to ensure the continued existence and upkeep of this historical landmark, contributing to the preservation of its heritage and cultural significance. The funds raised by the foundation are utilized to support these objectives, promoting the betterment of numerous sectors in need.
Who is the CEO of Hillcrest Historic Foundation?
Aaron Degroff is the President of Hillcrest Historic Foundation.
What is the revenue of Hillcrest Historic Foundation?
Hillcrest Historic Foundation's revenue in 2022 was $1,007,747.
Who are the executives of Hillcrest Historic Foundation and what are their salaries?
There 10 volunteers at Hillcrest Historic Foundation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Hillcrest Historic Foundation?
Hillcrest Historic Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hillcrest Historic Foundation
The Hillcrest Historic Foundation is an organization dedicated to raising and allocating funds for various charitable purposes. Among its primary objectives, the foundation focuses on preserving and maintaining the historic clubhouse of Hillcrest Country Club. This endeavor involves not only protecting the building's physical structure but also ensuring its continued upkeep and relevance in its historical context. By doing so, the Hillcrest Historic Foundation contributes to the preservation of local heritage, fostering an appreciation for the past and its impact on the present.
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Impact
July, 2024
Hillcrest Historic Foundation's impact lies in the preservation and maintenance of the historic clubhouse of Hillcrest Country Club. By raising and expending funds for educational, scientific, literary, and charitable purposes, the foundation ensures that this historic landmark continues to be a valuable asset to the community of Indianapolis. Their dedication to preserving this piece of local history not only honors the past but also enriches the cultural fabric of the city.
This information is meant to be a general summary of Hillcrest Historic 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: $7,452
- Gross Receipts: $1,058,800
Assets and Liabilities:
- Total Assets: $700,463
- Total Liabilities: $0
- Net Assets: $700,463
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Organization Details
Founding Year
2002
Phone
(317) 251-1425Principal Officer
Aaron Degroff
Main Address
6098 FALL CREEK ROAD, INDIANAPOLIS, IN, 46220
NTEE Category
Code: A80 - Arts
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