National Trust for Historic Preservation in the United States does not meet the following 2 Standards for Charity Accountability:
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
NTHP does not meet this Standard because the 2019 annual report did not include:
- The organization's financial information for the year ended June 30, 2019.
Standard 19 (Cause Related Marketing)
Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000).
NTHP does not meet this Standard because, in the past year, the organization participated in promotions for the sale of consumer goods or services that indicated that the organization would benefit from these purchases. The promotions, however, did not specify:
- The actual or anticipated amount of the purchase price that would benefit the organization.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability:
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18
National Trust for Historic Preservation in the United States meets the remaining 16 Standards for Charity Accountability.
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Year, State Incorporated
1949, DC
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Also Known As
Saving Places
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Affiliates
National Main Street Center
National Trust Community Investment Corporation
National Trust Insurance Services
National Trust Tours
NT Solar
Cooper Molera Preservation LLC
Greenrock Corporation
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Stated Purpose
"to protect significant places representing our diverse cultural heritage by taking direct action and inspiring broad public support."
National Trust for Historic Preservation (NTHP) works to save America's historic places. The organization reports that it seeks to generate national attention, build momentum to save places facing demolition or irreparable damage, and invests resources to protect historic sites. NTHP also engages in related preservation activities such as building sustainable communities, reimagining historic sites, revitalization of urban areas, and protecting historic places on public lands. The organization reports that its research and policy lab conducts research, maintains a national database of information about buildings in cities, and develops policies to conserve and reuse older and historic buildings.
For the year ended June 30, 2020, National Trust for Historic Preservation in the United States's program expenses were:
Historic sites |
$24,779,315 |
Preservation services |
$19,542,412 |
Education, publications, and membership |
$12,162,744 |
Total Program Expenses: |
$56,484,471 |
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Chief Executive
Paul W. Edmondson, President and Chief Executive Officer
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Compensation*
$321,079
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Chair of the Board
Jay Clemens
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Chair's Profession / Business Affiliation
Retired, Senior Vice President of Legal and General Counsel, Lenovo Group
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Board Size
22
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Paid Staff Size
180
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Mr. Edmondson became President and Chief Executive Officer in June 2019. In 2018, the previous President and Chief Executive Officer, Stephanie Meeks, received $627,647 in compensation.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Membership appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 8% of related contributions. (Related contributions, which totaled $60,499,144, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on National Trust for Historic Preservation in the United States's audited financial statements - consolidated for the year ended June 30, 2020.
Source of Funds |
Contributions and grant income |
$58,132,593 |
Investment return |
$12,773,993 |
Contract services |
$8,731,341 |
Program fees and other income |
$5,229,709 |
Admissions and special events |
$2,366,551 |
Total Income |
$87,234,187 |
- Programs: 79%
- Administrative: 15%
- Fundraising: 6%
Total Income |
$87,234,187 |
Program expenses |
$56,484,471 |
Fundraising expenses |
$4,943,929 |
Administrative expenses |
$10,219,345 |
Other expenses |
$0 |
Total expenses: |
$71,647,745 |
Income in Excess of Expenses |
$15,586,442 |
Beginning Net Assets |
$311,546,138 |
Other Changes In Net Assets |
$-1,762,539 |
Ending Net Assets |
$325,370,041 |
Total Liabilities |
$48,154,641 |
Total Assets |
$373,524,682 |
Note 1: As noted in the above financial section, "other changes in net assets" refers to a benefit from income taxes ($1,755,509) and investment losses in excess of amounts designated for operations (-$3,518,048).
Note 2: According to the organization's audited financial statements for the year ended June 30, 2020, NTHP received in-kind contributions totaling $1,410,835 in the form of pro bono legal services ($1,282,209), professional services ($63,786), and other ($64,840).