Is Daniel B And Florence E Green Foundation Legit?

The Daniel B And Florence E Green Foundation appears to be a well-managed private foundation with a strong financial position. Over the past five years, its assets have grown significantly, from $161,724,310 in 2020 to $185,847,705 in 2023, indicating sound investment strategies or substantial contributions. The foundation consistently reports minimal liabilities, often just $1, which suggests excellent financial stability and low debt risk. Their revenue has fluctuated, with a high of $32,314,340 in 2020 and $12,132,631 in 2023, but expenses have remained consistently lower than revenue, allowing for asset growth. The foundation demonstrates strong spending efficiency, particularly given its nature as a grant-making entity. For instance, in 2023, expenses were $10,021,995 against revenue of $12,132,631, indicating that a substantial portion of its income is directed towards its charitable purpose. The consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of transparency and a focus on mission over administrative overhead. This suggests that the foundation's resources are primarily allocated to its programs and grants rather than executive salaries. Overall, the Daniel B And Florence E Green Foundation exhibits robust financial health, efficient spending practices, and a high degree of transparency, particularly concerning executive compensation. Its consistent asset growth and low liabilities underscore its capacity for sustained philanthropic impact. The absence of officer compensation is a notable strength, reinforcing its commitment to maximizing charitable distributions.