Overview
What is American Institute For Foreign Study Foundation Inc?
The American Institute For Foreign Study Foundation Inc, located in Stamford, Connecticut, is a nonprofit organization dedicated to fostering international understanding through cultural exchange. Their primary mission involves operating student exchange programs, approved by the U.S. Department of State, for foreign students seeking to visit the USA. This initiative allows young individuals to immerse themselves in American culture, while simultaneously introducing American teenagers to international societies, thereby complementing the foundation's activities within the United States. With a workforce of 15 individuals, the American Institute For Foreign Study Foundation Inc plays a pivotal role in promoting cross-cultural awareness and understanding.
Official website here: www.aifsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
The American Institute For Foreign Study Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting strong accountability and financial practices. The organization scored particularly well in areas such as having a majority of independent board members and a solid financial oversight structure, indicating a commitment to transparency and ethical governance.
Strengths of the organization include its well-structured board composition, with 100% independent members, and effective financial management, evidenced by a low liabilities-to-assets ratio and a high percentage of program expenses relative to total expenditures. This suggests that the foundation is prioritizing its mission and utilizing funds effectively to support its programs.
However, some areas for improvement have been noted, particularly regarding the lack of a whistleblower policy and document retention and destruction policies. While these omissions do not significantly impact the overall performance, addressing them could enhance the foundation's governance and accountability ratings.
This AI summary has been generated from information found on Charity Navigator.
Is American Institute For Foreign Study Foundation Inc legitimate?
American Institute For Foreign Study Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Institute For Foreign Study 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: $248,892
Professional Fundraising Fees: $0
Other Salaries and Wages: $576,201
For more financial information, click here
Official website here: www.aifsfoundation.org
What is the mission statement of American Institute For Foreign Study Foundation Inc?
The American Institute For Foreign Study Foundation Inc's mission is centered around fostering international understanding through cultural exchange. They accomplish this by operating student exchange programs, inviting teenagers and students from other countries to the United States under the supervision of the U.S. Department of State. These individuals are introduced to the American way of life. Simultaneously, efforts are made to send American teenagers abroad to complement the foundation's activities within the U.S., thereby enhancing international understanding in both directions.
Official website here: www.aifsfoundation.org
Who is the CEO of American Institute For Foreign Study Foundation Inc?
James Mahoney is the Executive Director of American Institute For Foreign Study Foundation Inc.
Official website here: www.aifsfoundation.org
What is the revenue of American Institute For Foreign Study Foundation Inc?
American Institute For Foreign Study Foundation Inc's revenue in 2022 was $3,417,689.
Official website here: www.aifsfoundation.org
Who are the executives of American Institute For Foreign Study Foundation Inc and what are their salaries?
The average compensation at American Institute For Foreign Study Foundation Inc during 2022 was $55,006. There are 15 employees at American Institute For Foreign Study Foundation Inc.
Here are 19 key members and their salaries:
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Official website here: www.aifsfoundation.org
Where can I find the form 990 for American Institute For Foreign Study Foundation Inc?
American Institute For Foreign Study Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aifsfoundation.org
Learn more at the official website: www.aifsfoundation.org
Mission Statement of American Institute For Foreign Study Foundation Inc
The American Institute For Foreign Study Foundation Inc is committed to fostering international understanding through cultural exchange. They achieve this by operating student exchange programs, bringing teenagers and students from around the world to the United States under the auspices of the United States Department of State. These students are introduced to the American way of life, providing them with a unique cultural immersion experience. Additionally, the foundation makes an effort to send American teenagers abroad to complement its activities within the United States, promoting mutual understanding and cultural exchange on a global scale.
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Impact
July, 2024
American Institute For Foreign Study Foundation Inc's impact can be seen in its efforts to further international understanding through cultural exchange. The organization operates student exchange programs sanctioned by the U.S. Department of State, facilitating foreign students' visits to the United States. By introducing these teenagers and students to the American way of life, the foundation contributes to cross-cultural learning and global awareness. Additionally, the foundation endeavors to send American teenagers abroad, enhancing its cultural exchange activities within the United States. Through these initiatives, the organization plays a vital role in promoting international cooperation and mutual understanding.
This information is meant to be a general summary of American Institute For Foreign Study 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $2,218,952
- Gross Receipts: $3,417,689
Assets and Liabilities:
- Total Assets: $1,323,330
- Total Liabilities: $365,653
- Net Assets: $957,677
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$2,218,952
Organization Details
Founding Year
1967
Phone
(203) 399-5414Principal Officer
James Mahoney
Main Address
1 HIGH RIDGE PARK ROAD, STAMFORD, CT, 06905
Website
www.aifsfoundation.orgNTEE Category
Code: Q230 - International
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