Haig Point Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE FOUNDATION PROVIDES SUPPORT VIA FUNDS FOR DISASTER AND HURRICANE RELIEF, PRESERVATION AND BEAUTY, HISTORY AND SAFETY OF THE ISLAND OF DAUFUSKIE AND ITS INHABITANTS, AS WELL AS SCHOLARSHIPS TO HELP ISLAND RESIDENTS AND EMPLOYEES ADVANCE THEIR LIVES.
- Income
- $214,067
- Spending
- $198,887
- Spent on programs
- 94%
- Reserves
- 25.9 months of spending
- Largest source of income
- donations and private grants, 52%
- Employees
- 0
- Volunteers
- 25
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 82% of charities in its peer group (philanthropy, under $250k).
Reserves
35 of 35Spendable reserves would cover 25.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 7% of income.
Income trend
15 of 15Income rose 45% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 50 out of 100. Higher than 25% of charities in its peer group (philanthropy, under $250k).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $19,000 spent. SCHOLARSHIPS FOR DAUFUSKIE ISLAND RESIDENTS AND EMPLOYEES FOR ATTENDING COLLEGE OR OTHER VOCATIONAL TRAINING.
- $37,500 spent. TO SUPPORT THE DAUFUSKIE ISLAND INDEPENDENT SCHOOL (30,000) AND THE DAUFUSKIE ISLAND ELEMENTARY SCHOOL (7,500) IN EDUCATING CHILDREN ON THE ISLAND.
- $10,000 spent. TO SUPPORT THE GOOD NEIGHBOR FUND, ADMINISTERED BY THE FIRST UNION AFRICAN BAPTIST CHURCH, AS COMMUNITY NEEDS ARISE.
- $119,519 spent. TO SUPPORT ISLAND RESIDENTS IN NEED,SUPPORT FIRE AND SAFETY NEEDS FOR THE DAUFUSKIE ISLAND FIRE DEPARTMENT, VOLUNTEER MEDICAL CLINIC SUPPORT, MAIL FACILITY BUILDING IMPROVEMENTS, WOOD DUCK AND BARN OWL BOXES,SEED MONEY FOR THE INVESTIGATION OF NEW FERRY OPTIONS.
- TO SUPPORT ISLAND RESIDENTS IN NEED,SUPPORT FIRE AND SAFETY NEEDS FOR THE DAUFUSKIE ISLAND FIRE DEPARTMENT, VOLUNTEER MEDICAL CLINIC SUPPORT, MAIL FACILITY BUILDING IMPROVEMENTS, WOOD DUCK AND BARN OWL BOXES,SEED MONEY FOR THE INVESTIGATION OF NEW FERRY OPTIONS.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.