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Irish Educational Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043115638 ✦ Medfield, MA ✦ Designated as a 501(c)(3)

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Overview

What is Irish Educational Foundation Inc?

The Irish Educational Foundation Inc is a nonprofit organization dedicated to furthering education. Their primary mission is to promote and enhance educational programs and activities in collaboration with colleges and universities in both Ireland and the United States. A significant part of their work involves fundraising to support Irish schools. By doing so, they aim to contribute positively to the advancement of education on both sides of the Atlantic.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star rating.

The Irish Educational Foundation Inc has received an 84% rating from Charity Navigator, indicating a strong performance in accountability and finance. This score is based entirely on a single beacon score, showcasing the organization’s emphasis on transparency and effective management practices.

The foundation demonstrates notable strengths, including a high percentage of independent board members, effective conflict of interest policies, and no material diversion of assets, which reflects a strong commitment to governance. Additionally, the foundation allocates an impressive 99.97% of its expenses to programs, highlighting its focus on fulfilling its educational mission.

While the organization has excelled in various accountability measures, the overall score is solely based on financial metrics. This may suggest a limited view of the foundation's impact and effectiveness beyond financial stewardship. Nonetheless, the strong governance practices and efficient use of funds position the Irish Educational Foundation Inc as a commendable nonprofit in the educational sector.


This AI summary has been generated from information found on Charity Navigator.

Is Irish Educational Foundation Inc legitimate?

Irish Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Irish Educational Foundation 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: $18,527
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Irish Educational Foundation Inc?

The Irish Educational Foundation Inc's mission is centered around fostering and promoting education advancement. They achieve this by supporting, maintaining, and developing educational programs and activities in collaboration with colleges and universities in both Ireland and the United States. A significant part of their mission involves fundraising for Irish schools to contribute to their educational needs.

What is the revenue of Irish Educational Foundation Inc?

Irish Educational Foundation Inc's revenue in 2023 was $159,463.

Who are the executives of Irish Educational Foundation Inc and what are their salaries?

There 3 volunteers at Irish Educational Foundation Inc.

Here are 6 key members and their salaries:


Fergal Brennock (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darina Gilley Chesterton (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Hegarty (Treasurer)
  • Compensation: $18,527
  • Related: $0
  • Other: $0
Eamonn Mcgrath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah E Mceneaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kilbride (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Irish Educational Foundation Inc?

Irish Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Irish Educational Foundation Inc

The Irish Educational Foundation Inc is committed to advancing education by supporting, maintaining, and developing educational programs and activities in collaboration with colleges and universities in both Ireland and the United States. Their mission is centered around fundraising for Irish schools, aiming to foster and promote educational growth in these institutions. By working in conjunction with educational institutions on both sides of the Atlantic, the Irish Educational Foundation Inc plays a vital role in fostering educational opportunities and promoting educational advancement.

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Impact




July, 2024

Irish Educational Foundation Inc's impact can be seen in its dedicated efforts to raise funds for Irish schools, aiming to support, maintain, and develop educational programs and activities. By fostering and promoting the advancement of education in collaboration with colleges and universities in Ireland and the U.S., the Foundation plays a vital role in enhancing educational opportunities for students. Through its philanthropic endeavors, the Foundation contributes to the improvement of educational standards and facilities, ultimately impacting the lives and futures of students in Ireland.




This information is meant to be a general summary of Irish Educational Foundation 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.

Revenue
$159,463 (2023)
Expenses
$108,838 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $64,508
  • Gross Receipts: $159,463

Assets and Liabilities:

  • Total Assets: $274,656
  • Total Liabilities: $0
  • Net Assets: $274,656

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Organization Details

Founding Year

1994

Principal Officer

John F Hegarty

NTEE Category

Code: T60Z - Philanthropy

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