New Hampshire Charitable Foundation
Overview
Mission
We achieve our purpose by: supporting New Hampshire's nonprofit organizations and students; connecting generous people with pressing community needs and effective ways to give; collaborating, building relationships and learning from all of our community partners; advocating and using our voice on important public issues; and investing charitable assets in alignment with our purpose and values and to ensure a perpetual source of philanthropic capital.
What it reported doing in 2024
Special funds: There are a select group of funds at the New Hampshire Charitable Foundation which support focused programs to respond to community needs. These include the Neil and Louise Tillotson Fund, which seeks to create and enhance opportunity in the North Country, reserve and uplift the historical and cultural assets that make the region unique and hold the confidence and capabilities to foster strong communities and healthy rural landscapes; the Wellborn Ecology Fund, which seeks to increase knowledge of the environment and natural history of the Upper Valley in New Hampshire and Vermont; and the Artist Advancement Fund, which provides support to an individual artist in the Greater Portsmouth area.Other Special Funds include: the Upper Connecticut River Mitigation andEnhancement Fund, which seeks to restore, protect and enhance thewatershed near the confluence of the Connecticut and White rivers; andthe Oliver J. and Dorothy Penniman Hubbard Fund, which supports effortsto prevent substance use disorders among the state's residents.
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions.
- Distribution model
- Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 026005625
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Headquarters
- Concord, NH, USA
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public, Societal Benefit
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for setting executive pay.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 79
- Accountability: 93
- Sustainability: 88
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 50.2%; rating input score 50
- Program expense ratio: 90%; rating input score 90
- Fundraising efficiency: $85.72 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 36th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Grant itemization coverage: 98.5%; rating input score 98; 35th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 88.2%; rating input score 88; 33rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 62.9%; rating input score 97; 97th percentile among comparable filings
- Operating reserve ratio: 13.5; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 87; 87th percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 42; 42nd percentile among comparable filings
Growth
- Program expense growth: 7.3% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 8.5% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 50.2% of revenue deployed · 90% of spending went to programs
- Governance: 15 of 17 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $77.3M in reported program spending
- Leadership: top reported pay $545K · 26 people listed · 5 of 6 pay-setting controls reported
- Consistency: 39 of 41 current checks pass · 2 findings to review
- Schedules: 11 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 14 annual filings from 2010 to 2024
- Money network: 959 filed money-flow records
- Related organizations: 952 filed related-organization links