The Ernest Hemingway Foundation Inc C/o Carl Eby

What it reported doing in 2024

The foundation has taken the lead in advancing hemingway studies through the following program activities: editing and publishing the hemingway review, which appears semi-annually in the spring and fall, and the hemingway newsletter, which comes out each year in winter and summer. These outstanding publications, now edited by suzanne del gizzo and kirk curnutt, are mailed free to members of the society.holding biennial international conferences in even-numbered years, generally alternating overseas sites with those in the united states. Awarding annually the lewis-reynolds-smith founders fellowship to support research and writing on the work and life of ernest hemingway. These competitive awards are made to society members with worthy projects, and are funded in honor of the memory of three outstanding leaders in the society: paul smith, our founding president, robert w. Lewis, a founding member and past president, and michael s. Reynolds, hemingway biographer who was president until shortly before his death in august 2000.sponsoring and funding the annual pen/hemingway award for the best first book of fiction. This $10,000 award is presented at the kennedy library in boston each spring. The society works closely with the hemingway collection at the kennedy library in other ways as well, for example by evaluating applications from scholars seeking to do research among the treasure trove of manuscripts assembled there.organizing and chairing one or two sessions on hemingway at both the mla (modern language association) and ala (american literature association) annual meetings, where members of the hemingway society have an opportunity to present papers and participate in panels.supervising ongoing major book projects, including an edition of hemingway's complete (or nearly so) letters.above all, encouraging the reading and appreciation of the writing of ernest hemingway, and the fellowship of his admirers. In short, there are many reasons for hemingway scholars and enthusiasts to join the society.

Financial Efficiency

• Mission deployment rate: 94%; rating input score 94
• Program expense ratio: 96.7%; rating input score 97
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 3 of 7 controls in place; rating input score 43
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 4.5%; rating input score 49; 49th percentile among comparable filings
• Total-asset coverage ratio: 3.32; rating input score 71; 71st percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 11.3% per year; rating input score 100; 72nd percentile among comparable filings
• Revenue growth: 6.5% per year; rating input score 100; 60th percentile among comparable filings
• Asset growth: 2.7% per year; rating input score 100; 36th percentile among comparable filings