Overview
What is The Swedish-American Fund Inc?
The Swedish-American Fund Inc, headquartered in New York City, NY, was established with the mission to offer enhanced opportunities for young Swedes to engage with the humanitarian, economic, and political processes of the United States society. By doing so, the organization aims to help these individuals reach their full potential as constructive and contributing members of the global community, primarily through scholarships. The Swedish-American Fund serves as a catalyst, coordinating efforts among foundations, private and public organizations, and concerned individuals, all working towards the shared goal of assisting Swedes in achieving their objectives. The organization encourages frequent contacts and exchanges between large numbers of young Swedes and the United States, fostering new generational leadership.
Official website here: www.saccny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Swedish-American Fund Inc has achieved a commendable Four-Star rating with a score of 94% on Charity Navigator, indicating strong accountability and financial health. The organization demonstrates excellent governance with 100% of its board members being independent, and it maintains a solid program expense ratio of 79.37%, reflecting a commitment to directing funds toward its charitable mission.
Strengths of the organization include robust policies on conflict of interest, whistleblower protections, and document retention, all of which are fully listed and compliant. Additionally, the organization has a perfect score for the liabilities to assets ratio, indicating no liabilities, which reinforces its financial stability.
However, the organization has some areas for improvement, such as the lack of publicly available board meeting minutes and the absence of its tax form on its website. Addressing these gaps could enhance transparency and provide further confidence to donors and stakeholders. Overall, the Swedish-American Fund Inc shows a strong commitment to effective governance and financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is The Swedish-American Fund Inc legitimate?
The Swedish-American Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Swedish-American Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.saccny.org
What is the mission statement of The Swedish-American Fund Inc?
The Swedish-American Fund Inc, established with the purpose of providing opportunities for Swedes, has a mission to enhance the experiences of the younger generation of Swedes. This is achieved by exposing them to the humanitarian, economic, and political processes of the United States society. The goal is to stimulate the attainment of their maximum potential as contributing members of the global community. The fund aims to nurture new generational leadership by fostering frequent contacts between large numbers of young Swedes and America, promoting an open sharing and exchange of experiences and ideas. Additionally, it serves as a catalyst for foundations, private and public organizations, as well as distinguished individuals, to coordinate efforts in assisting Swedes in achieving the aforementioned goals. The fund may also participate in other activities consistent with these purposes.
Official website here: www.saccny.org
What is the revenue of The Swedish-American Fund Inc?
The Swedish-American Fund Inc's revenue in 2022 was $16.
Official website here: www.saccny.org
Who are the executives of The Swedish-American Fund Inc and what are their salaries?
There 3 volunteers at The Swedish-American Fund Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $241,250
- Other: $11,500
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.saccny.org
Where can I find the form 990 for The Swedish-American Fund Inc?
The Swedish-American Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.saccny.org
Learn more at the official website: www.saccny.org
Mission Statement of The Swedish-American Fund Inc
The Swedish-American Fund, Inc., established with the objective of providing opportunities for Swedes to engage with the United States society, has a mission that extends beyond mere exposure. The fund aims to enhance the experiences of the younger generation of Swedes, allowing them to delve into the humanitarian, economic, and political processes of the American society. This exposure is intended to stimulate their growth and potential, empowering them to become constructive and contributing members of the global community.
To achieve this, The Swedish-American Fund, Inc. focuses on nurturing new generational leadership. This is accomplished through frequent interactions between large numbers of young Swedes and the United States, fostering an open sharing and exchange of experiences and ideas. The fund functions as a catalyst, coordinating efforts among foundations, private and public organizations, as well as distinguished and concerned individuals, to assist Swedes in achieving their stated goals.
In summary, The Swedish-American Fund, Inc. is a nonprofit organization that provides opportunities for Swedes to engage with the United States society, with the primary aim of stimulating the growth and potential of the younger generation. Through frequent interactions, the fund seeks to nurture new generational leadership and serve as a catalyst for various organizations and individuals to assist Swedes in achieving their objectives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Swedish-American Fund Inc significantly enhances opportunities for young Swedes to engage with and understand American society. By facilitating scholarships, the Fund provides access to experiences that allow individuals to immerse themselves in the humanitarian, economic, and political landscapes of the United States. This exposure not only fosters personal growth but also nurtures a new generation of leaders equipped to become constructive members of the global community.
Through its efforts, the Fund acts as a catalyst for connection and collaboration between Swedish youth and various American institutions. It encourages a vibrant exchange of ideas and experiences, enriching the cultural and educational perspectives of participants. By promoting frequent interactions and shared insights, the Fund helps to cultivate leadership skills and a sense of global citizenship among young Swedes, ultimately contributing to a more interconnected and informed society.
This information is meant to be a general summary of The Swedish-American Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $16
- Gross Receipts: $16
Assets and Liabilities:
- Total Assets: $156,459
- Total Liabilities: $0
- Net Assets: $156,459
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2002
Principal Officer
Anna Throne-Holst
Website
www.saccny.orgNTEE Category
Code: B82 - Education
If you are a representative of The Swedish-American Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.