I B H Foundation Inc

I B H Foundation Inc is a 501(c)(3) nonprofit organization registered with the U.S. Internal Revenue Service under the Employer Identification Number (EIN) 341597850. The foundation was established in 1988 with the primary purpose of supporting charitable, religious, educational, and scientific initiatives.

Purpose and Activities

The I B H Foundation is designed to provide support for various charitable causes, focusing on religious, educational, and scientific endeavors. It operates as a tax-exempt organization, making donations tax-deductible for contributors. The foundation's activities include making distributions to entities that align with its charitable mission.

Financial Overview

As outlined in its financial reports, I B H Foundation Inc relies heavily on contributions as its primary source of revenue. For instance, in the fiscal year ending December 2016, contributions accounted for approximately 94.3% of the total revenue, with investment income and rental property income making up smaller portions. The foundation reported a total of $16,225,727 in assets during that period.

Leadership and Governance

The foundation's leadership includes various trustees and officers who oversee its operations. Key positions have historically included a president, secretary, treasurers, and multiple trustees.

Rating and Accountability

The organization is rated on platforms such as Charity Navigator, where it has earned a 3/4 Star rating. This rating reflects its accountability and transparency practices among charitable organizations.

Related Entities

It's worth noting that there is an IBH Addiction Recovery Foundation Fund, which is not directly affiliated with I B H Foundation Inc but shares a similar name. However, the IBH Addiction Recovery Foundation Fund is a distinct charitable fund housed at the Akron Community Foundation, focusing on supporting addiction recovery services, including facility management and aftercare programs.